Category: Shale Oil

Fracking for oil and gas in California is about to get a lot more difficult. Last week, California Governor Gavin Newsom sacked the state’s top oil regulator after the Desert Continue Reading

The oil majors and shale E&Ps will soon begin publishing second quarter results, which will round out a picture of how the industry fared in the first half of 2019. Continue Reading

While U.S. shale production is booming and the Permian continues to set new production records , the pace of growth is slowing as many companies have recently scaled back production Continue Reading

If the rapid decline rate or the massive debt doesn’t destroy the U.S. Shale Industry, the finance costs most certainly will. The amount of interest expense the shale companies have Continue Reading

The US oil and gas rig count fell by 5 this week, according to Baker Hughes, after losing rigs last week as well. The total number of active oil rigs Continue Reading

urging U.S. oil output will outpace sluggish global demand and lead to a large stocks build around the world in the next nine months, the International Energy Agency (IEA) said Continue Reading

U.S. energy firms this week reduced the number of oil rigs operating for a second week in a row as drillers follow through on plans to cut spending this year. Continue Reading

Producers in the nation’s oil-rich shale basins are dialing back growth plans in the face of a growing panoply of problems that’s killing returns, and keeping skeptical investors away.  The constraints Continue Reading

The U.S. dropped a net total of five rigs this week, according to Baker Hughes, a GE Company. The U.S. dropped a net total of five rigs this week, according Continue Reading

The promise of the Permian is shrinking. Producers in the nation’s oil-rich shale basins are dialing back growth plans in the face of a growing panoply of problems that’s killing Continue Reading