Tag: US shale

Chemical, Conventional Fuels

The US shale revolution won’t stall despite headwinds, global oil experts say

November 11, 2019

Via: CNBC energy

U.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

Opec’s 2019 dilemma

February 1, 2019

Via: Petroleum Economist

Bearish 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 […]

Chemical, Conventional Fuels

Trade war and US shale are the biggest concerns for outgoing OPEC chief

January 9, 2019

Via: CNBC energy

The 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 […]

News and Policies, U.S.

US shale growth will offset global production problems over the coming months, analysts say

August 15, 2018

Via: CNBC energy

A 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 […]

Chemical, Conventional Fuels

Commentary: Quality vs Quantity – Are global refiners ready for US shale exports?

May 7, 2018

Via: International Energy Agency

The 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

US shale pumping will see oil prices slide back to $50, JP Morgan analyst predicts

March 29, 2018

Via: CNBC energy

Efficiency 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 […]

Chemical, Conventional Fuels

Shale starts giving (a little bit) back

February 16, 2018

Via: Petroleum Economist

Producers 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

How resilient has US shale become?

December 8, 2017

Via: Petroleum Economist

Genuine 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.

US shale—more where that came from

September 15, 2017

Via: Petroleum Economist

America’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, […]

Chemical, Conventional Fuels

US shale regains strength amid OPEC cuts

May 1, 2017

Via: Energy Global

Against 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 […]

Chemical, Conventional Fuels

US shale production growth planned, despite OPEC warning

March 10, 2017

Via: American Energy News

After 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 […]

Chemical, Conventional Fuels

Opinion: US shale producers renew their challenge to OPEC

March 3, 2017

Via: American Energy News

US 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

US shale firms’ Q1 hedging rush may squeeze margins, spur output

July 5, 2016

Via: Reuters

As 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 […]