Texas Set For Another Oil Boom
Texas is set for another oil boom, with production this year expected to hit a record high. That’s according to Karr Ingham, the oil economist who created the Texas Petro Continue Reading
Saudi Oil Minister Tired Of Shale Hype
“Leave us alone and leave all these issues. We had enough of shale oil and talks of shale. Please talk about anything else,” Saudi oil minister Khalid al-Falih said in Continue Reading
Saudi Arabia’s energy minister says IEA overhyped US shale boom
Saudi Arabia’s energy minister took a rare sideways swipe at the International Energy Agency on Wednesday, accusing the body of overhyping the impact of US shale growth on the oil Continue Reading
The Biggest Year Yet For U.S. Shale
For years, the shale promise has been hollow. Even when oil prices were trading above $100 per barrel, most shale drillers weren’t profitable. They drilled rapidly, brought huge volumes of Continue Reading
What to Look for in Oil, Gas in 2018
Brian Williams of Carl Marks Advisors shares insights on what the industry can expect regarding E&P investment, M&A deals and trends for 2018. Ushering in 2018 were some welcome higher Continue Reading
Art Berman: Like It Or Not, The Future Remains All About Oil
Art Berman, 40-year veteran in the petroleum production industry and respected geological consultant, returns to the podcast this week to talk about oil. After the price of oil fell from Continue Reading
Offshore could be beating U.S. shale
Some offshore developments outside of North America may be gaining a competitive edge over U.S. shale, sector analysis found. U.S. shale oil developments are expected to push total U.S. production Continue Reading
The No.1 Challenge To The Oil Rally
The International Energy Agency (IEA) acknowledged in its latest Oil Market Report that the recent rally in oil prices came on the heels of significant tightening, but that the supply Continue Reading
U.S. oil drillers cut rigs for second time in three weeks:
U.S. energy companies this week cut oil rigs for the second time in three weeks even though crude prices traded near their highest level since 2014. Drillers cut five oil Continue Reading
Schlumberger sees sunny skies ahead for energy sector
Strong demand growth and an extended OPEC-led effort to balance the market suggests 2018 will be good for drilling services, Schlumberger’s head said Friday. Schlumberger is the world’s largest oilfield Continue Reading