Does Conoco Know Something That Its Competition Doesn’t?
When everyone in oil seems like they are ready to pay anything for a piece of land in the Permian Basin, a report that one oil company is actually selling Continue Reading
Is The Global Oil Market Too Dependent On Prospective Growth In The Permian?
Summary Anticipated US liquids production growth accounts for almost all projected non-OPEC growth in 2018 and 2019. Roughly 70% of US production growth will come from the Permian Basin. This Continue Reading
Shale Breakevens Rise Amid Production Surge
U.S. shale companies are set to increase their capital expenditures by 20 percent this year, while also boosting their production guidance, according to Rystad Energy . Obviously, the Permian is Continue Reading
The Problem with EIA Shale Gas and Tight Oil Forecasts
Each year the U.S. Energy Information Administration (EIA) produces forecasts of U.S. oil and gas production in its Annual Energy Outlook (AEO), which is widely viewed as an authoritative assessment Continue Reading
The Problem with EIA Shale Gas and Tight Oil Forecasts
Each year the U.S. Energy Information Administration (EIA) produces forecasts of U.S. oil and gas production in its Annual Energy Outlook (AEO), which is widely viewed as an authoritative assessment Continue Reading
Wall Street’s Favorite Shale Stocks
Caution, capital discipline, cash flow, shareholder returns – these buzzwords are thrown around a lot these days, much more so than details about aggressive production growth. After years of a Continue Reading
The Bakken Is Booming Once Again
The Permian has been stealing headlines and analyst attention over the past year, and rightly so, as it’s the only U.S. shale play that continued to grow even when all Continue Reading
The U.S. Faces A Pipeline Crisis
The U.S. threatens to swamp the world with oil in the next few years, although that will only be possible if there is a commensurate construction boom for pipelines to Continue Reading
Baker Hughes: With 2-rig loss, US rig count drops for first time this month
In the only decline for the month, the US drilling rig count dropped 2 units to 993 during the week ended Mar. 30, data from Baker Hughes indicate. The report, Continue Reading
Payback Time: Oilfield Services Raise Prices
Oilfield service providers are upping their prices, the latest Dallas Fed Energy Survey has found, confirming what producers began to complain about last year when oil prices started recovering. The Continue Reading