The governor of shale-rich Oklahoma said time is running out to address budget problems, even as the state treasurer said oil market recovery has led to gains. House Minority Leader Continue Reading
While the U.S. administration is pushing for a tax code overhaul and supports American “energy dominance”, an environmental group suggests in a new study that at the current oil prices Continue Reading
The pressure on shale drillers to throttle back on their aggressive drilling continues to crop up in new places, and there are growing signs that the Permian is slowing down. Continue Reading
American shale companies are starting to tap the brakes on drilling. U.S. oil output remains robust and may still surpass the record annual average of 9.6 million barrels a day, Continue Reading
Huge volumes of dirty water produced by U.S. shale firms are driving up investment in water-handling specialists, as cash-conscious oil and gas companies try to trim costs. For every barrel Continue Reading
The growth-at-all-costs model for shale drillers has succeeded in ramping up U.S. oil production, but it hasn’t necessarily led to impressive financials. A group of activist investors are hoping to Continue Reading
Not every oilman is gaining from the U.S. shale boom. Just ask Joe Warren. Warren, a partner at Brown & Borelli Inc., is caught in a historical hiccup, of sorts. Continue Reading
The U.S. Energy Information Administration (EIA) is distorting oil prices by being far too optimistic in its forecasts for U.S. production, according to Harold Hamm, the chief executive of Continental Continue Reading
The extraordinary cost reductions achieved by North American oil and gas companies have likely reached their limit, and any boost in profitability for much of the U.S. shale and Canadian Continue Reading
U.S. unconventional E&Ps often find themselves in a difficult position in the current environment. The environment has long been “grow or die,” with high emphasis placed on companies growing production. Continue Reading
