Houston — Permian Basin crude production growth is currently constrained by limited takeaway capacity, and falling well performance in the basin could pose a risk to longer-term growth, oilfield services Continue Reading
The US adds four rigs this week, making this week’s count the highest since March 2015. U.S. drillers added four rigs this week, bringing the nation’s oil rig count to Continue Reading
JupiterMLP is building a 670-mile oil pipeline linking the Permian to Texas’ three deepwater ports. JupiterMLP, LLC anticipates a November open season for capacity on the 1 million barrel per Continue Reading
U.S. oil production may rise to as much as 14 million barrels of oil per day (bpd) by 2020, Secretary of the Interior Ryan Zinke told Fox Business on Wednesday. Continue Reading
By the middle of the next decade, US unconventionals will generate up to $20 billion of annual cash flow for the Lower 48. U.S. unconventionals will be crucial for oil Continue Reading
Even as crude prices hover near four-year highs, U.S. oilfield service firms’ third-quarter results due out in coming days will reflect a shaky recovery, as their customers face drilling constraints Continue Reading
There are some early signs that the U.S. shale industry is starting to show its age, with depletion rates on the rise. A study from Wood Mackenzie found that some Continue Reading
An upcoming report could usher in produced water’s transformation from a byproduct to a resource. According to the Ground Water Protection Council (GWPC), a U.S. association of state ground water Continue Reading
By the middle of the next decade, US unconventionals will generate up to $20 billion of annual cash flow for the Lower 48. U.S. unconventionals will be crucial for oil Continue Reading
At 10:30 p.m. on an 85F August night in Penwell, West Texas, a 69-year-old repairman is hammering away at the frame of an 18-wheeler in the forecourt of an abandoned Continue Reading
