A Colorado ballot initiative that would sharply increase the required distance between new oil wells and populated areas will go before voters in November, Colorado officials said on Wednesday. The Continue Reading
Oil companies looking for the next big find are wading into the Powder River Basin of Wyoming, where pipelines are not congested and land is cheaper than in Texas’ Permian Continue Reading
The fracking revolution in the U.S. has considerably changed the global oil market and the strategic calculations of market participants. The initial entry of shale oil producers caused a crash Continue Reading
A new quarterly forecast by Westwood finds that pipeline takeaway capacity constraints in the US’ hottest shale play will see hundreds of deferred completions through 2019. Pipeline issues in the Continue Reading
The U.S.-China trade tensions—which continue to escalate despite last week’s talks—risk backfiring on the American oil and gas sector, slowing down investments in long-term projects, a Texas energy group says Continue Reading
Total is not looking at investing in the US shale oil industry. STAVANGER, Norway, Aug 27 (Reuters) – French energy group Total is not looking at investing in the U.S. Continue Reading
You could be forgiven for doing a double take on that sentence. There has been a lot of attention paid to the pipeline woes in West Texas, but because of Continue Reading
The massive debt accumulated by the U.S. Shale Industry is now decimating company profits. As company debts and interest rates rise, these shale producers interest expense also continues to increase. Continue Reading
U.S. energy companies cut nine oil drilling rigs this week, the biggest reduction since May 2016, following a recent decline in crude prices. The oil rig count fell to 860 Continue Reading
When producers blast a mix of water, sand and chemicals to release oil and gas from rock formations miles underground, they not only unlock oil and gas, but also massive Continue Reading
