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Category: Oil Supply

Category:
  • Shale Oil

Shale Drillers Head North As The Permian Fills Up

The Anadarko shale region, located mostly in Oklahoma, has seen a sharp increase in investment and drilling activity in recent years. The expanding presence of shale players in the Anadarko Continue Reading

Posted On : 23 Aug 2017 Published By : Tom Whipple
Category:
  • Shale Oil

The Latest Red Flag For U.S. Shale

The U.S. shale industry has had a rough few weeks, with a growing number of reports suggesting that the industry is facing much more financial trouble than many analysts had Continue Reading

Posted On : 22 Aug 2017 Published By : Tom Whipple
Category:
  • Shale Oil

BHP Billiton Eyes Sale of U.S. Shale Operations After Months of Investor Pressure

Activist investors scored a victory after BHP Billiton Ltd. BHP 1.26% said it was looking to sell its onshore U.S. oil-and-gas operations . The Melbourne-based company, the world’s largest listed Continue Reading

Posted On : 22 Aug 2017 Published By : Tom Whipple
Category:
  • Canada
  • Tar Sands

Canadian oil sands producers: Heady days may not last long

Canadian oil sands producers such as Cenovus and MEG Energy impressed investors in the second quarter as prices of heavy crude rose, but those gains are expected to be short-lived. Continue Reading

Posted On : 22 Aug 2017 Published By : Tom Whipple
Category:
  • Peak Oil

Running For The Exits: Peak Oil Demand

A terminal price decline in oil is inevitable. Trends in EV cost, ICE efficiency, and driverless cars will cripple oil demand. The price decline we have seen with coal — Continue Reading

Posted On : 21 Aug 2017 Published By : Tom Whipple
Category:
  • Offshore

Trump’s Atlantic Drilling Plan May Be A Lost Cause

A key public comment period just ended for revising the offshore exploration program along the U.S. Atlantic Coast, and the path forward might not be as smooth as the Trump Continue Reading

Posted On : 21 Aug 2017 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Old Oil Is New Again

Conventional drilling in old fields is starting to look more attractive as low crude prices make some fracking operations too expensive to pursue. Shown, an oil well outside Bakersfield, Calif. Continue Reading

Posted On : 21 Aug 2017 Published By : Tom Whipple
Category:
  • Prices
  • Shale Oil

Oil Prices Climb As Oil Rig Count Drops

The number of active oil and gas rigs in the United States fell this week by 3 rigs as drillers in the United States proceed more cautiously as oil prices Continue Reading

Posted On : 19 Aug 2017 Published By : Tom Whipple
Category:
  • Oil Supply

The Oil Glut Rewrites History

The good news for oil bulls is that U.S. stockpiles of the stuff, while still bloated, are now firmly back inside the historical range. The bad news is that all Continue Reading

Posted On : 19 Aug 2017 Published By : Tom Whipple
Category:
  • Offshore

Efforts mount to expand U.S. offshore drilling

 After a rebound in the value of high bids for oil and gas acreage in the Gulf of Mexico, industry supporters said it was time to push for greater access. Continue Reading

Posted On : 19 Aug 2017 Published By : Tom Whipple

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