October 29, 2018
Via: ForbesWhat does tight oil have in common with FAANG stocks? Answer: tight oil is arguably the upstream equivalent of these tech sector leaders. It’s the hot investment play in the oil and gas index, it’s outperformed like mad, and it’s […]
Chemical, Conventional Fuels, News and Policies, U.S.
September 27, 2018
Via: ForbesUS tight oil has revolutionized the global oil market. It is a strongly growing source of high-quality crude, the economics of which proved resilient to OPEC’s competition for market share. Brent – WTI differentials have been volatile, as producers and […]
Commercialization, Conventional Fuels
June 29, 2017
Via: Petroleum EconomistFront-month WTI futures—the US crude benchmark price—briefly fell below $43 per barrel on 21 June before recovering to around $44/b later in the month. That’s an almost $10/b-drop from a year-earlier. Bearish market sentiment from speculators—due to fears that commitment […]
February 16, 2017
Via: Energy CollectiveEIA’s recently released Annual Energy Outlook 2017 (AEO2017) Reference case projects that U.S. tight oil production will increase to more than 6 million barrels per day (b/d) in the coming decade, making up most of total U.S. oil production. After […]
August 24, 2016
Via: Energy CollectiveBased on projections in the U.S. Energy Information Administration’s Annual Energy Outlook 2016 (AEO2016), U.S. tight oil production is expected to reach 7.08 million barrels per day (b/d), and shale gas production is expected to reach 79 billion cubic feet […]
July 12, 2016
Via: Energy GlobalThe US Energy Information Administration (EIA) projects that US petroleum and other liquid fuels production, which in addition to crude oil and condensate production includes natural gas plant liquids derived from natural gas processing as well as biofuels and volume […]