November 11, 2019
Via: CNBC energyU.S. shale oil production has shown some signs of moderation in recent months and production growth could be slowing, but experts told CNBC at Abu Dhabi’s influential oil & gas summit that the U.S. shale revolution won’t be stopped any […]
Commercialization, Conventional Fuels
February 1, 2019
Via: Petroleum EconomistBearish voices are loudest these days. Several big houses have downgraded their 2019 price forecasts: Goldman Sachs has gone from $70/bl to $62.50/bl, citing a surge in production, particularly from US shale. Opec may be less influential than it used […]
January 9, 2019
Via: CNBC energyThe U.S.-China trade war and booming American shale production are among the top worries for the United Arab Emirates’ energy minister and former OPEC president. After a volatile year for oil prices, hydrocarbon-exporting countries are buckling down for what could […]
August 15, 2018
Via: CNBC energyA sustained upswing in U.S. shale growth is likely to offset global production problems over the coming months, energy analysts told CNBC on Wednesday. The mood music in the energy market has been heavily influenced by a flurry of demand-side […]
May 7, 2018
Via: International Energy AgencyThe growth of oil production from the United States has led to fundamental changes in global oil markets in recent years. Thanks to the shale revolution, the United States is becoming the world’s top oil producer. Growth is led by […]
Commercialization, Conventional Fuels
March 29, 2018
Via: CNBC energyEfficiency improvements from the world’s largest oil-producing firms and countries, alongside the rise of U.S. shale, will see prices slide back to near $50 a barrel, according to research at investment bank J.P. Morgan. Christian Malek, the head of EMEA […]
February 16, 2018
Via: Petroleum EconomistProducers are funneling more cash into share buybacks and dividends after months of pressure from shareholders to boost returns Oil at $60 is making life a lot easier for US shale executives. For months, a debate has swirled around the […]
Chemical, Commercialization, Conventional Fuels
December 8, 2017
Via: Petroleum EconomistGenuine gains have been made, but the industry will need further technological breakthroughs to overcome the geology Discussions about the US shale industry’s resilience through the oil price downturn and swift recovery inevitably turn to drillers’ ability to innovate their […]
Chemical, Conventional Fuels, News and Policies, U.S.
September 15, 2017
Via: Petroleum EconomistAmerica’s shale industry is showing few signs of slowing down this year Oil bulls looking for signs of tight oil capitulation in the face of sub-$50-a-barrel oil were left disappointed in August’s earnings season. Some producers trimmed their capex plans, […]
May 1, 2017
Via: Energy GlobalAgainst the backdrop of OPEC’s 1H17 production cuts, US liquids production has started to rebound. Rystad Energy estimates that total US oil and condensate production has increased from 8.9 to 9.3 million bpd between November 2016 and May 2017. This […]
March 10, 2017
Via: American Energy NewsAfter facing two years of slumping commodity prices, US shale oil production is staging a comeback in North Dakota, Oklahoma and other shale regions. The hotbed of shale activity, the Permian Basin, has already seen big jump in production activity in the […]
March 3, 2017
Via: American Energy NewsUS crude oil production appears to be rising strongly thanks to increased shale drilling as well as rising offshore output from the Gulf of Mexico. Production averaged almost 9 million barrels per day (b/d) in the four weeks to Feb. 24, according to the […]
Commercialization, Conventional Fuels
July 5, 2016
Via: ReutersAs oil prices began recovering from 13-year lows early this year, U.S. shale producers ramped up their hedges against another slump on a scale unseen for at least a year, a Reuters analysis of company disclosures shows. A review of […]