U.S. shale sector at critical price threshold: Kemp
Forward U.S. oil prices for 2018 have climbed back above $50 per barrel, a level that should be high enough to stabilize drilling activity over the next two months. But Continue Reading
Supermajors Prepare For A Permian Bidding War
BHP announced their plans to divest their U.S. shale assets, including a 123,000-acre position in the heart of the Delaware Basin. This acreage position, in terms of a pricing evaluation, Continue Reading
U.S. oil drillers cut rigs for third week in four as recovery stalls: Baker Hughes
U.S. energy firms cut oil rigs for a third time in the past four weeks as a 14-month drilling recovery stalls with energy firms reducing spending plans in response to Continue Reading
The Shale Party Is Going To End Badly Google Alert
Summary Despite Wall Street’s love for shale, the industry has not been able to support itself through internal cash generation. If Wall Street’s love affair with shale fades, the party Continue Reading
More shale production expected from Colorado
Bill Barrett Corp., which has a core focus in U.S. shale oil basins, said production for the year could be higher than expected because of Colorado’s success. Bill Barrett said Continue Reading
Can Russia Develop Its Shale Reserves?
Russia’s tight oil will play an increasingly important role in its oil output, underpinned by the fact that 20 percent of its current reserves already belong to the “tight” category. Continue Reading
These Numbers Suggest Yet Another Surge In The Permian
The Permian is the heart of modern oil and gas activity, with well over 300 rigs operating and tremendous growth set to continue. But companies need to continuously drill new Continue Reading
How EIA Guestimates Keep Oil Price Subdued
The EIA has once again undercut its previous estimates for U.S. oil production, offering further evidence that the U.S. shale industry is not producing as much as everyone thinks. The Continue Reading
As the US recovers from Harvey, what’s next? – Fuel for Thought
Share The shale revolution has dramatically transformed this country’s energy landscape, making the US an exporter of crude, products and LNG—a far cry from the situation 12 years ago when Continue Reading
Will This Bring Big Oil Back To The Bakken?
If shale plays were people, everyone would be jealous of the Permian for getting all the attention. It is the leader in overall national oil output growth, and just last Continue Reading