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Category: Shale Oil

Category:
  • Shale Oil

Start date for new Permian oil line in jeopardy on regulatory delay

EPIC Crude Pipeline LP said the projected third-quarter start-up of its crude pipeline from the Permian basin to Corpus Christi, Texas is in “some jeopardy” after U.S. regulators delayed action Continue Reading

Posted On : 11 Jan 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Producers weigh DUC production at $50/b oil

The volume of drilled but unproduced wells continues to build across the US to record levels, but market sentiment is mixed on whether oil prices need to continue to recover Continue Reading

Posted On : 11 Jan 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Chesapeake to Cut Rigs to Reduce CAPEX in 2019

The Oklahoma City-based E&P company is lowering its rig count by 20% in 2019. After a strong fourth quarter in 2018, Chesapeake Energy Corporation is stepping into 2019 with a Continue Reading

Posted On : 11 Jan 2019 Published By : Tom Whipple
Category:
  • Argentina
  • Shale Oil

Outlook 2019: Argentina’s Vaca Muerta faces bottlenecks that could slow growth

The Vaca Muerta has attracted $165 billion in investment commitments as companies like Chevron, ExxonMobil and Total bet on the production growth potential of Argentina’s biggest shale play, but bottlenecks Continue Reading

Posted On : 10 Jan 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Producers weigh DUC production at $50/b oil

Highlights Market mixed if higher or lower price needed Platts: $50/b oil enough to bring production DUC decisions also hinge on takeaway ability Houston — The volume of drilled but Continue Reading

Posted On : 10 Jan 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Problems for US Producers at $50

U.S. producers can’t generate cashflow and production growth at $50 per barrel oil, according to Energy Aspects. U.S. producers can’t generate cashflow and production growth at $50 per barrel oil. Continue Reading

Posted On : 10 Jan 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Problems for US Producers at $50

U.S. producers can’t generate cashflow and production growth at $50 per barrel oil, according to Energy Aspects. U.S. producers can’t generate cashflow and production growth at $50 per barrel oil. Continue Reading

Posted On : 9 Jan 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Has U.S. Fracking Activity Peaked Already?

Shale drilling activity in the US likely dropped to 44 jobs per day in November 2018, Rystad Energy’s analysis of preliminary data suggests. We conclude that nationwide fracking activity was Continue Reading

Posted On : 8 Jan 2019 Published By : Tom Whipple
Category:
  • Shale Oil

New Data Suggests Shocking Shale Slowdown

U.S. shale executives often boast of low breakeven prices, reassuring investors of their ability to operate at a high level even when oil prices fall. But new data suggests that Continue Reading

Posted On : 7 Jan 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Gas flaring lights up Texas skies amid US oil boom

The powerful telescopes of Texas’s McDonald Observatory aim at some of the darkest night skies on the planet. But a dome of light is creeping closer on the northern horizon. Continue Reading

Posted On : 5 Jan 2019 Published By : Tom Whipple

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