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Category: Shale Oil

Category:
  • Shale Oil

Trump administration sees a 7-degree rise in global temperatures by 2100

 Last month, deep in a 500-page environmental impact statement, the Trump administration made a startling assumption: On its current course, the planet will warm a disastrous 7 degrees by the Continue Reading

Posted On : 29 Sep 2018 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. Rig Count Sees Modest Increase Amid Soaring Oil Prices

Baker Hughes reported an increase of a single oil and gas rig in the United States this week, bringing the total number of active oil and gas rigs to 1,054 Continue Reading

Posted On : 29 Sep 2018 Published By : Tom Whipple
Category:
  • Shale Oil
  • USA

US produced 10.964 mil b/d of crude oil in July, breaking record: EIA

US oil production average 10.964 million b/d in July, breaking the output record set the previous month when output averaged 10.695 million b/d, the Energy Information Administration said in its Continue Reading

Posted On : 29 Sep 2018 Published By : Tom Whipple
Category:
  • Shale Oil
  • Water

A Breakthrough for Hydraulic Fracturing

A revolutionary groundwater quality study provides new evidence that ‘fracking’ operations are safe to nearby water sources. This piece presents the opinions of the author. It does not necessarily reflect Continue Reading

Posted On : 29 Sep 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Move Over, Permian. Bakken’s Making a Comeback.

North Dakota oil production reached a record high in July and the Bakken is primed for growth. After months of being the red-headed stepchild to the Permian, the Bakken shale Continue Reading

Posted On : 27 Sep 2018 Published By : Tom Whipple
Category:
  • Shale Oil

W&T Offshore to Divest Select Permian Interests

W&T Offshore shares an update on its JV drilling program and plans to sell Permian interests for $56.8 million. W&T Offshore Inc. plans to sell overriding royalty interests in the Continue Reading

Posted On : 26 Sep 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Frac Sand Market Faces Supply Chain Disruption

The US frac sand market could approach $6 billion by 2023. SOURCE: Black Mountain Sand A key ingredient for drilling and completion operations in shale formations, proppant – often frac Continue Reading

Posted On : 26 Sep 2018 Published By : Tom Whipple
Category:
  • OPEC
  • p-
  • Shale Oil

OPEC raises U.S. oil supply outlook, sees lower demand for own crude

 A steady rise in U.S. oil output will gather pace in the next five years, OPEC said on Sunday, predicting that demand for the producer group’s crude will decline despite Continue Reading

Posted On : 24 Sep 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Is The Bakken Close To Breaking?

While the Permian has experienced a drilling boom and has received tons of media attention, a lesser-known but still remarkable revival has been underway in the Bakken this year. At Continue Reading

Posted On : 24 Sep 2018 Published By : Tom Whipple
Category:
  • Shale Oil

The Fracking Industry’s Water Nightmare

The U.S. Environmental Protection Agency (EPA) has clearly documented the multiple risks — despite repeated dismissals from the oil and gas industry — that hydraulic fracturing (fracking) poses to drinking Continue Reading

Posted On : 22 Sep 2018 Published By : Tom Whipple

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