The Case of the Vanishing Oil Reserves
Where are Philip Marlowe and Sam Spade when we need them? A crime is in progress, and only a detective who’s unafraid of stepping on powerful people’s toes is likely Continue Reading
Apache Corp. lauding shale transformation
Transformation is underway in parts of the shale basins in the Lower 48 U.S. states following the discovery of a major oil play in Texas, Apache Corp. said. After more Continue Reading
Can Fracking Bans Succeed in Oil and Gas Country? All Eyes Are on Monterey
The movement to ban fracking is winning victories across the U.S. Yet the campaign has largely failed to win where it matters most—in places oil and natural gas are produced. Continue Reading
The Wave of Imports Crushing the Oil Market
A record amount of oil just went into U.S. storage last week. Some of it is probably only an accounting snag. But a lot of it appears to be from Continue Reading
Debunking The Massive EIA Crude Build
Yesterday’s weekly EIA inventory report showed a 14.4 million-barrel build to oil inventories, the largest since weekly records began in 1982. Here at ClipperData, we use U.S. Customs bills to Continue Reading
Chesapeake Energy Expects To Exit 2017, 2018 With Higher Output
Chesapeake reports a surprise adjusted profit, helped by lower expenses, and expects to exit the next two years at higher production rates. Nov 3 (Reuters) – U.S. natural gas producer Continue Reading
Rigzone Poll Says Trump Would Create More Oil, Gas Jobs
Donald Trump will boost industry employment more than Hillary Clinton, according to a recent Rigzone poll on Twitter. Presidential candidate Donald Trump would create more oil and gas jobs than Continue Reading
It’s Getting Tougher for Shale Drillers to Impress Investors
Wall Street’s oil analysts are getting harder to impress. After two straight quarters when the U.S. shale industry posted outsized oil production figures that clobbered expectations, explorers are finding it Continue Reading
Prepare for the North Sea Oil Flood
December flow set to increase to 2.16 million barrels a day U.K.’s Forties field, Norway’s Grane crude driving surge Oil producers in the North Sea, home to one of the Continue Reading
OPEC Special-Case Nations Add 450,000 Barrels in Threat to Deal
Libya and Nigeria boost oil production by a combined 19% Angolan losses not enough to offset output gains elsewhere The OPEC countries claiming exemption from a deal to limit oil Continue Reading