Proppacalypse Now: Frac Sand Demand On Fire in 2017
With E&Ps finding that more sand downhole makes increases production, demand for frac sand is expected to double previous US peak to 240 billion pounds. Editor’s Note: This is the Continue Reading
Red tape chokes off drilling on Native American reservations
When the U.S. oil boom hit North Dakota a decade ago, wells sprang up quickly on the edges of the Fort Berthold Indian Reservation, an expanse of prairie and rolling Continue Reading
Leaner and Meaner After The Crash, Oil Sands Industry Expands
This time last year, businesses operating in the oil sands of Alberta seemed pretty much done for. Canadian crude sold for less than US$20, and there was no chance of Continue Reading
East Coast crude stocks rise by most since 1998: EIA
U.S. East Coast crude stocks rose by 3.4 million barrels last week to 17.7 million barrels, the biggest weekly rise since 1998, data from the U.S. Energy Information Administration showed Continue Reading
A pivotal shift in Texas shale
Emerging U.S. shale player Halcon Resources said it spent more than $700 million to shift its priorities in its Texas operations. The company said it spent $705 million to acquire Continue Reading
For Justin Trudeau, Canada’s Leader, Revival of Keystone XL Upsets a Balancing Act
If there is such a thing as unwelcome good news, President Trump may have handed some to Prime Minister Justin Trudeau of Canada on Tuesday when he revived a cross-border Continue Reading
Permian To Be Only Shale Play That Sees Output Increase This Year
The Permian shale formation has been drawing a lot of attention recently, and it’s more likely than not to continue drawing even more in the immediate future, now that it Continue Reading
Hess to triple Bakken rig count, forecasts late 2017 supply surge
Hess plans to triple its rig count in the Bakken Shale by the end of 2017 from two rigs to six and forecasts the company’s production in the play will Continue Reading
Robots Are Taking Over Oil Rigs
During boom, headcounts soared as “we got fat and bloated” No compatible source was found for this media. How Iron Roughnecks Are Taking Over Oil Rigs The robot on an Continue Reading
Global oil demand to grow into 2040s: BP outlook
Global oil demand will keep growing into the 2040s due to higher consumption of plastic goods even as the electric vehicle fleet expands rapidly and technology revolutionizes transport, BP said Continue Reading