U.S. Sees Higher Shale Output First Time in Six Months on OPEC
Crude output at major U.S. shale plays is poised to climb for the first time in six months, as oil prices rise on planned cuts by OPEC and other producers. Continue Reading
International Energy Agency Oil Market Report
Global oil supply rose 0.8 mb/d in October to 97.8 mb/d after producers in OPEC and non-OPEC opened the taps. World oil output was 0.8 mb/d above a year ago, Continue Reading
Distressed Deals Seen Rising From Dubai to Lagos After Oil Slump
Are Mispriced Distressed debt opportunities are increasing across the Middle East and Africa as companies struggle with slumping currencies and tighter government spending, according to Sancta Capital Group Ltd. “We’re Continue Reading
Saudi Arabia, Iraq boost oil output in November: OPEC sources
The word oil is pictured on an oil bank at a recycling yard in London March 2, 2011. Saudi Arabia, the world’s top oil exporter, told the Organization of Petroleum Continue Reading
U.S. Shale Patch Dominates Top 10 Oil Investment Ranking
Oklahoma and Texas are the best destinations for oil and gas investment, with the two states occupying the number 1 and number 2 spots respectively in the latest ranking by Continue Reading
Goldman Says Saudis Wrong to Rule Out U.S. Shale Oil Rebound
Saudi Arabia is wrong to think that U.S. shale production won’t respond to higher oil prices in 2017, according to Goldman Sachs Group Inc. While crude may rise to over Continue Reading
2016 Shale Gas Reality Check
In 2014, Earth Scientist David Hughes took a hard look at the EIA ’s existing Annual Energy Outlook shale gas and tight oil forecasts and conducted his own play-by-play, in-depth Continue Reading
EIA’s Lack Of Math And Logic Skills Makes For An Interesting Investment Environment
EIA recently released the 2016 Annual Energy Outlook. I look at EIA’s past projections and compare with reality. What does this mean for an Energy Investor? Every year EIA releases Continue Reading
U.S. drillers add the most oil rigs since July 2015: Baker Hughes
A Baker Hughes sign is displayed outside the oil logistics company’s local office in Sherwood Park, near Edmonton, Alberta, Canada November 13, 2016. U.S. energy companies this week added the Continue Reading
U.S. Rig Counts Jump in Wake of OPEC’s Production Accord: Chart
U.S. oil and gas producers increased drilling activity the most since April 2014 after OPEC agreed to its first production cut in eight years last month. The total number of Continue Reading