US Shale Gas Swamps Market
Wednesday April 17, 2019 - Natural gas futures tumbled to the lowest in almost three years.
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US Shale Gas Swamps Market
Wednesday, April 17, 2019 Natural gas futures tumbled to the lowest in almost three years.
Shale's Growing Pains Could Curb US Oil Production
Tuesday, March 26, 2019 The dramatic ramp-up in U.S. shale production is running into a combination of issues that threaten to slow the pace of expansion.
US Slashes Oil Production Forecast
Tuesday, March 12, 2019 While crude output is still expected to reach record levels, the EIA trimmed its 2019 forecast.
US to Drive Oil Supply Growth to 2024
Monday, March 11, 2019 The United States will drive global oil supply growth over the next 5 years, according to the IEA.
Permian Still Booming Despite Hurdles
Thursday, March 07, 2019 The Permian's oil pipeline network is expected to grow 60-70 percent in the next five years.
US to Export More Oil, Liquids than Saudi Arabia in 2019
Thursday, March 07, 2019 The U.S. is poised to export more oil and liquids than Saudi Arabia by year-end, according to Rystad Energy.
Exxon, Chevron Expect Surge in Permian Production
Tuesday, March 05, 2019 ExxonMobil and Chevron both expect their Permian output to reach around 1 million barrels per day by 2024.
Lithium Recovery JV Targets Marcellus, Utica Plays
Tuesday, March 05, 2019 Lithium is getting more expensive and the United States is becoming more reliant on lithium imports, according to the U.S. Geological Survey.
Inpex Enters US Tight Oil Business
Friday, March 01, 2019 Inpex Americas reaches an agreement with GulfTex Energy to acquire 'multiple development and production assets' in the Eagle Ford play in Texas.
OPEC Output Slides Again
Friday, March 01, 2019 OPEC's crude production slumped again last month as the cartel implemented planned cutbacks in full and some members were hit by U.S. sanctions.
US Shale Operators Cut CAPEX, Up Production
Friday, March 01, 2019 Analysis from Rystad Energy reveals a boost in production and a decrease in capital spending for U.S. shale companies in 2019.
Exxon Boosts Reserves by 4.5B Barrels
Wednesday, February 27, 2019 Exxon Mobil Corporation added 4.5 billion oil-equivalent barrels of proved oil and gas reserves in 2018, replacing 313 percent of the year's production.
Permian Oil and Gas Production to Hit New Records
Thursday, February 21, 2019 Oil and gas production in the Permian will hit new records next month, according to the EIA.
America's Shale Boom Keeps Rolling
Wednesday, February 20, 2019 America's surging shale oil production shows little sign of abating, despite industrywide spending cuts.
OPEC Chief Urges Producers to Meet Cut Pledges
Wednesday, February 13, 2019 OPEC's top official urged countries in the group and its allies to follow through on their pledges to cut oil production and keep global markets balanced.
US Oil Production 23 Years Ahead of Schedule
Friday, January 25, 2019 A year ago, the US government saw American crude production averaging 11.95 million barrels a day in 2042. Shale drillers are set to exceed that this year.
US Oil and Gas Production to Outpace Russia and Saudi Arabia by 2025
Friday, January 25, 2019 Recent analysis by Rystad Energy forecasts the US to exceed Russia and Saudi Arabia's combined liquid production in six years.
US Crude Oil Exports Continue to Grow
Thursday, January 17, 2019 The US DOI now reports that domestic crude production could surge to 14 MMbpd by 2020.
2019 US Oil Output to Average 12MM Barrels Per Day
Wednesday, January 16, 2019 U.S. crude oil production will average 12.1 million barrels per day in 2019, according to the EIA's latest short-term energy outlook.
Texas Oil and Gas Production Increases with Stalled Job Growth
Wednesday, January 09, 2019 A report from TIPRO shows that Texas crude oil and natural gas production in 2018 continued to rise despite job growth being flat in November.
Problems for US Producers at $50
Wednesday, January 09, 2019 U.S. producers can't generate cashflow and production growth at $50 per barrel oil, according to Energy Aspects.
OPEC Output Falls Most in Almost 2 Years
Wednesday, January 02, 2019 Before its agreement to cut oil supplies even started, OPEC's production plunged by the most in almost two years last month.
When Do Shale Producers Stop Making Money?
Thursday, December 20, 2018 We're getting into the zone where US shale producers stop making money.
Permian's Growth Spurt at Risk of Being Stunted
Wednesday, December 19, 2018 The U.S.'s biggest oil field may be about to pump the brakes if crude keeps plunging.
EIA Says US Domestic Oil Production Rising Despite Lower Prices
Tuesday, December 11, 2018 The US government left its forecast for domestic crude production unchanged for 2019.
OPEC Expected to Cut Oil Output
Wednesday, November 28, 2018 OPEC and its allies will announce production cuts to check a slump in oil prices when they meet next week, according to a Bloomberg survey.
Why US Oil Production Won't Peak Anytime Soon
Monday, November 19, 2018 The US shale oil revolution continues to defy the skeptics.
OPEC+ Said to Weigh Bigger Production Cut
Thursday, November 15, 2018 OPEC+ is considering cutting oil output by more than the 1 million barrels a day Saudi Arabia proposed earlier this week, according to people familiar with the matter.
US Crude Production to Hit Record 7.94 MMbpd in December
Wednesday, November 14, 2018 The US EIA projects record crude oil production in December.
NOPEC to Take Gloves Off, Production Cuts In 2019?
Wednesday, November 14, 2018 OPEC, in cooperation with Russia, are currently discussing the option to put another production cut in place.
Saudis See Need for Producers to Cut 1MM Barrels
Monday, November 12, 2018 Saudi Arabia expresses the need for oil producers to cut 1 million barrels a day from October levels.
Trump Admin Approves First Oil Production Facility in Federal Arctic Waters
Thursday, October 25, 2018 The Trump administration has authorized Hilcorp's plan to build an artificial gravel island in the Beaufort Sea north of Alaska and use it to extract crude.
OPEC Could Cut Production in 2019
Thursday, October 25, 2018 OPEC signaled it could cut output in 2019 due to concerns about rising oil inventories and economic uncertainty.
US Still Largest Natural Gas Producer
Wednesday, October 24, 2018 The United States is still the world's largest natural gas producer, despite a marginal 2017 output increase.
OPEC in Maximum Production Mode
Tuesday, October 23, 2018 Saudi Arabia says OPEC and allies are in a 'produce as much as you can mode'.
Natural Gas Helps Texans Save Almost $60B in 10 Years
Tuesday, October 16, 2018 A new report by the Consumer Energy Alliance finds that Texas residents saved billions of dollars, thanks to natural gas production.
New Produced Water Blueprint Expected in 2019
Tuesday, October 16, 2018 An upcoming report could usher in produced water's transformation from a byproduct to a resource.
IEA Urges OPEC to Open Taps as Oil Markets Enter 'Red Zone'
Tuesday, October 09, 2018 The International Energy Agency made a direct appeal to OPEC and other major oil producers to boost output.
OPEC Output Edges Higher
Tuesday, October 02, 2018 OPEC production rose last month as deepening losses in Iran due to looming US sanctions were countered by other members.
Frac Sand Market Faces Supply Chain Disruption
Tuesday, September 25, 2018 The US frac sand market could approach $6 billion by 2023. SOURCE: Black Mountain Sand
EIA: US Likely Became Biggest Oil Producer Earlier This Year
Wednesday, September 12, 2018 US likely overtook Russia and Saudi Arabia in terms of oil output to become the world's biggest producer earlier this year.
EIA Cuts Forecast For 2019 US Crude Production Growth
Tuesday, September 11, 2018 US crude oil production in 2019 is expected to grow at a slower rate than previously forecast.
OPEC's Barkindo: Oil Demand To Hit 100 MMbpd Sooner Than Projected
Wednesday, September 05, 2018 World oil consumption will reach 100 million barrels per day later this year, hitting that level much sooner than previously forecast, OPEC's Barkindo says.
EIA: US Crude Production Rises To Record As Drilling Climbs In Texas
Friday, August 31, 2018 US crude oil production rose 2 percent to a record 10.674 million bpd in June, the US Energy Information Administration says.
Reuters Survey: OPEC August Oil Output Hits 2018 High Despite Iran Losses
Friday, August 31, 2018 OPEC oil output has risen this month to a 2018 high as Libyan production recovered and Iraq's southern exports hit a record, a Reuters survey found.
Texas' Oil Output Drops In June For First Time Since Feb. 2017
Thursday, August 30, 2018 Texas oil production fell in June from a year earlier for the first time in 16 months.
OPEC+ Committee: Oil Producers Cut July Output By 9% More Than Agreed
Monday, August 27, 2018 An OPEC and non-OPEC monitoring committee found that oil producers participating in a supply-reduction agreement cut output in July by 9% more than called for in their pact, sources say.
Some Wyoming Producers Will Be Able to Ditch Diesel Generators
Monday, August 20, 2018 A Wyoming utility is adopting a more mobile approach to supplying electricity to oil and gas customers in the southeast corner of the state.
Saudi Cuts Oil Output As OPEC Points To 2019 Surplus
Monday, August 13, 2018 OPEC forecast lower demand for its crude next year as rivals pump more and said top oil exporter Saudi Arabia, eager to avoid a return of oversupply, had cut production.
Continental Resources Sees 15-20 Pct Output Growth in 2019
Wednesday, August 08, 2018 A large portion of the company's growth is focused on its SpringBoard development in Oklahoma's SCOOP formation.
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