U.S. Oil Rig Count Falls Amid Production Dip
The US oil and gas rig count fell by 4 this week, according to Baker Hughes, after a string of losses that have stripped away 36 rigs since the beginning Continue Reading
Oil service firms eye new survival tactics amid weak U.S. market
Packers Plus Energy Services, a company built on the North American shale oil boom, is turning to the Middle East to weather a new round of spending cuts by producers Continue Reading
US – update through March 2019
These interactive presentations contain the latest oil & gas production data from 111,702 horizontal wells in 12 US states, through March 2019. Cumulative oil and gas production from these wells Continue Reading
Weekly Petroleum Status Report
Summary of Weekly Petroleum Data for the week ending July 12, 2019 U.S. crude oil refinery inputs averaged 17.3 million barrels per day during the week ending July 12, 2019, Continue Reading
Will The U.S Gas Glut Cap Oil Production?
A pipeline company is fighting the practice of flaring gas in Texas, threatening to slow the pace of oil production. Flaring gas has become an epidemic in Texas. Permian drillers Continue Reading
Number of financially distressed oil, gas companies increasing: S&P Ratings
Some companies may not escape financial trouble this year Receive daily email alerts, subscriber notes & personalize your experience. Register Now To lower costs, some companies have struck merger deals Continue Reading
North Dakota to ask federal agency to block Washington state’s crude-by-rail law
Law expected to disrupt 150,000-200,000 b/d of crude-by-rail movement Petition may start state, federal jurisdictional fight over crude transport Nearly 16 million barrels of Bakken crude shipped through Washington in Continue Reading
America’s Hottest Shale Play Is Waning
The engine of America’s shale boom is beginning to sputter. Slowing Growth The almost relentless thrust that has doubled crude output from the Permian Basin in three years is showing Continue Reading
No Quick Exit From Permian Oil for Private Equity
Private equity has been ramping up its investment in Permian Basin oil and natural gas production, but the old strategy of selling out after a few years is no more. Continue Reading
Drilling Productivity Report
The Drilling Productivity Report uses recent data on the total number of drilling rigs in operation along with estimates of drilling productivity and estimated changes in production from existing oil Continue Reading