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
Why Crypto Miners Are Paying Attention To The Permian
Bitcoin miners have become energy hunters, scouring the world for cheap electricity. When most people think about bitcoin mining operations, they imagine hydro-powered warehouses in Canada or the Sichuan Mountains, Continue Reading
U.S. Drillers Add 11 Rigs Despite Oil Price Correction
Baker Hughes reported an 11-rig increase for oil and gas in the United States this week, bringing the total number of active oil and gas rigs to 1,063 according to Continue Reading
Colorado locked in cycle of anti-drilling ballot measures: House majority leader
Colorado’s oil and natural gas industry will likely defeat an effective drilling ban on November’s ballot, a key state lawmaker predicted Friday, but she cautioned that the effort would return Continue Reading
U.S. drillers add oil rigs, Permian count near four-year high: Baker Hughes
The U.S. oil drilling rig count rose this week for the first time in four weeks, boosting the number of rigs in the nation’s biggest oil field to the most Continue Reading
China’s September crude imports mark highest in four months
China’s daily crude oil imports in September hit their highest level since May, customs data showed on Friday, as independent refiners looked to shore up their inventory ahead of winter. Continue Reading
U.S. Oil Companies Face $240 Billion Debt Mountain
U.S. oil producers are facing debt of US$240 billion maturing until 2023, of which some 15 percent will be rated with the lowest rating of Caa, Moody’s said in a Continue Reading
Mexican Pipeline Delays To Impact U.S. Gas Flows
On October 3, 2018, we received confirmation that the in-service date for two new Mexican pipelines is delayed. These delays change our forecast for Mexican supply, leading to higher-than-expected LNG Continue Reading
EPIC Midstream to convert NGL pipeline to crude to aid Permian bottleneck
EPIC Midstream said it will temporarily convert the multibillion-dollar natural gas liquids pipeline it is building in Texas to crude oil service in order to help alleviate the pipeline shortage Continue Reading
Argentina’s Vaca Muerta frontier blocks lure juniors in competitive market
Gas y Petroleo del Neuquen is preparing a fourth round for the remaining 44 frontier blocks in Vaca Muerta, a system that is opening the door to smaller players to Continue Reading