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Category: Shale Oil

Category:
  • Shale Oil

US shale groups roar back to life after oil slump

Members of President Donald Trump’s cabinet have a new catchphrase for how they see the future role of the US: not just “energy-independent”, but “energy-dominant”. As Ryan Zinke, the interior Continue Reading

Posted On : 10 May 2017 Published By : Tom Whipple
Category:
  • Pipelines
  • Shale Oil

Will New Pipelines Be Enough To Handle The Permian Boom?

As production in the Permian Basin continues to increase, the accompanying infrastructure has struggled to keep up. Expansions to pipeline capacity are needed to handle the heavier flow, as more Continue Reading

Posted On : 10 May 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Google Asked To Label Anti-Fracking Websites As ‘Fake News’

An oil and gas drilling advocacy group published an open letter to Google asking the search engine giant to consider “purging or demoting” websites spreading misinformation about hydraulic fracturing. Google Continue Reading

Posted On : 9 May 2017 Published By : Tom Whipple
Category:
  • Oil Supply
  • Shale Oil
  • USA

Brimming U.S. oil storage tanks to feel OPEC cuts last

An oil derrick and wind turbines stand above the plains north of Amarillo, Texas, U.S., March 14, 2017. The energy industry scrutinizes U.S. oil stockpile data every week for evidence Continue Reading

Posted On : 8 May 2017 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. drillers add oil rigs for 16th week in a row: Baker Hughes

The Elevation Resources drilling rig is shown at the Permian Basin drilling site in Andrews County, Texas, U.S. on May 16, 2016. U.S. energy firms added oil rigs for a Continue Reading

Posted On : 6 May 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Nimble Shale Drillers Outpump Giants, Confounding OPEC Clampdown

Exxon, Pemex oil output fell while Chevron’s grew by just 0.4% Independent, shale-focused drillers pumping double-digit gains The biggest oil explorers in the world are being left in the dust Continue Reading

Posted On : 5 May 2017 Published By : Tom Whipple
Category:
  • Shale Oil
  • USA

Ohio lawmakers add budget provision that could open state parks to fracking

Ohio legislators took a step toward allowing fracking in state parks, adding a provision in a pending budget that would strip the governor of the ability to control the issuing Continue Reading

Posted On : 4 May 2017 Published By : Tom Whipple
Category:
  • Shale Oil
  • USA

Conservationists sue to halt fracking in Ohio’s only national forest

Four conservation groups on Tuesday sued the U.S. Forest Service and Bureau of Land Management in an attempt to halt fracking plans in a portion of Ohio’s only national forest. Continue Reading

Posted On : 3 May 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Oil Price Optimism Wears Off as Texas Wildcatters Drill On

The relentless drilling ramp-up in America’s top shale plays is making investors more skeptical that an oil price rebound is on the horizon.  After increasing their bets on rising West Continue Reading

Posted On : 1 May 2017 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. Shale Rebound Hobbled By Higher Drilling Costs

Optimism surrounding the potential increase in oil prices is fading with WTI back below $50 per barrel. Nevertheless, the oil industry is doing much better than it was last year. Continue Reading

Posted On : 1 May 2017 Published By : Tom Whipple

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