While acknowledging that U.S. shale growth is slowing down, analysts and experts continue to predict that total American crude oil production will rise by around 1 million barrels per day Continue Reading
Output growing at less than half the year-ago pace ‘Peak growth’ may be near Output growth in Texas, North Dakota at lowest rate in two years Year-on-year growth in US Continue Reading
After a decade of unprecedented growth and seemingly endless investments, the writing is now on the wall: the Great American Shale Boom is slowing down and this could have some Continue Reading
All of the oil production data for the states comes from the EIA?s Petroleum Supply Monthly . The charts below are updated to September 2019 for the largest US oil Continue Reading
The US oil and gas rig count continued to fall this week, according to Baker Hughes, falling by 1 rig for the week. For oil rigs, this week marks the Continue Reading
The U.S. saw a net decrease of one rig this week. The U.S. idled three oil rigs this week and added two gas rigs for a net loss of one Continue Reading
In 2019 through third quarter, 32 oil and gas drillers have filed for bankruptcy, according to Haynes and Boone . Since the end of September, a gaggle of other oil Continue Reading
In the discussion here I use the term net volume to refer to the volume of prospective rock that might be developed to produce tight oil. For each bench of Continue Reading
It isn’t just Appalachian shale drillers that are swamping the natural-gas market. Chicken slaughterhouses, pig farms, expired yogurt and leftover bits from your last meal are contributing to the glut. Continue Reading
The US oil and gas rig count continued to fall this week, according to Baker Hughes, falling another 3 rigs for the week, according to Baker Hughes. For oil rigs, Continue Reading
