Despite the slowing growth rate across the U.S. shale patch, oil production in Texas will rise in nearly every month in 2020, thanks to sufficient fracking activity in the state Continue Reading
Independent explorers have been punished by investors for aggressive growth plans that favored skyrocketing production over returning cash to shareholders. (Bloomberg) — Three shale producers are fighting to show which Continue Reading
A fracking ban would cost millions of jobs, according to the American Petroleum Institute. A fracking ban would cost millions of jobs. That’s according to the American Petroleum Institute’s (API) Continue Reading
US shale oil production is set to increase only 11,000 b/d in February and 18,000 b/d in March, low growth levels not seen in over three years, the US Energy Continue Reading
Owing to a collapse of oil prices at the end of 2018, M&A activity in oil and gas has almost ground to a halt after a flurry of deals last Continue Reading
Apple Inc said on Monday that it will not meet its revenue guidance for the March quarter due to the coronavirus outbreak affecting both production and demand in China. The Continue Reading
Baker Hughes reported that the number of oil and gas rigs in the US held fast yet again this week at 790, with the total oil and gas rig falling Continue Reading
1. Is the Permian getting gassier? – “We expect Permian gross gas production to increase by more than 4.5 billion cubic feet per day between the fourth quarter of 2019 Continue Reading
Last month, two days before the latest government prediction that U.S. shale production would hit new heights, an oil industry conference in Houston opened with a clip of Eeyore making one of Continue Reading
Exploration and production (E&P) companies are set to face one of the biggest challenges – if not the biggest challenge ever – to their business models. This challenge is a Continue Reading
