Shale


All posts for Shale

Oil and the Saudi Arabia threat

The big picture is struggle between Iran and Saudi Arabia to dominate the region or Islamic Middle East.It was the take-over generation that switched Saudi Arabia oil strategy from an anti-American shale and sand price and market share war against West Texas Intermediate oil to a reduction of outp ...

Will Fine


Posted 18 days agoLink > Saudi ArabiaSaudi Aramcooil price +35

The Global Energy Leaders Podcast - Episode 58 –

On today's episode, Tom Cambridge, president of the Texas Pipeline Association, visits The Global Energy Leaders Podcast to discuss Texas and the Panhandle Import Reduction Initiative. A founder of Panhandle Import Reduction Initiative (PIRI), a single purpose organization to educate the public a ...

Will Fine


Posted 1 month agoLink > Department of CommerceDonald TrumpPresident of the USA +33

Overcapacity and the price of oil

Overcapacity and the price of oil Dr. Daniel Fine, New Mexico Center for Energy Policy 12:00 a.m. MT June 25, 2017 Daniel Fine, associate director of New Mexico Center for Energy Police at New Mexico Tech and a project leader of the Energy Police, State of New Mexico Department of Energy Minerals ...

Will Fine


Posted 1 month agoLink > OccidentalTexas Oil and GasTexas +21

The Panhandle Import Reduction Initiative (PIRI) Calls for New White House Policy: Unfair Trade Endangers U.S. Oil Industry Too

May 18, 2017 06:00 AM Mountain Daylight Time AMARILLO, Texas--(BUSINESS WIRE)--In a letter directed to the President of the United States and received by the White House, the founders of (PIRI), the Panhandle Import Reduction Initiative representing thousands of independent small producers of oil in ...

Will Fine


Posted 1 month agoPress > Unfair TradeTradeOil prices +24

Texas Panhandle group calls on Trump to change oil trade practices

“It's a core industry in that it reduces poverty and it increases the standard of living for people,” said Tom Cambridge, PIRI facilitator and petroleum geologist at Amarillo's Cambridge Production Inc. “We think that having a stable oil supply in this country that is not threatened by Saudi Arabi ...

Will Fine


Posted 1 month agoLink > ShaleTradePresident of the USA +13

The next "Shale Gale"?

David Bamford opines on the world's great shales! A few weeks ago I used my blog/Newsletter to quiz readers on what they regarded as the world's great source rocks. And, by inference, where might the next “Shale Gale” be blowing, mimicking what has happened in the USA? I'm glad to say I got an unu ...

Petromall Insights


Posted 2 months agoOpinion > Shaleshale oilShale Gas

US oil production could reach all time high during 2017

Rystad Energy, the energy data warehouse, now predicts US oil production grows so fast that an all-time high of 10 million barrels per day could be reached before December 31st this year. In a monthly report on latest oil market trends, our analysts show US oil production growing at 95 kbbld per mon ...

Julia Weiss


Posted 2 months agoOpinion > Rystad EnergyUnited StatesProduction +1

US shale regains strength amid OPEC cuts

Against the backdrop of OPEC's 1H 2017 production cuts, which the organization announced in November 2016, 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 bbl/d between November 2016 and May 2017. ...

Julia Weiss


Posted 3 months agoOpinion > Rystad EnergyShaleProduction +1

Do you want to drill wells Cheaper? Faster? Trouble Free?

Our next open training course in Houston, Texas will teach you the latest techniques and technologies that are delivering trouble-free, deviated, complex and ERD wells worldwide. Developed whilst drilling record ERD wells, Merlin ERD has recently enjoyed enviable success through applying these pract ...

Pam Conway


Houston   TX   US 17 Oct 2017


Posted 3 months agoTraining > ShaleOilandGasExtended Reach Drilling +3

Low Break-Even Prices Are For Everyone–Not Just Shale Companies

Shale companies have pushed break-even oil prices below $40 per barrel—but so have major oil companies. Analysts commonly portray cost reduction as something unique to the tight oil companies. Data from annual reports filed with the U.S. SEC (Securities and Exchange Commission) suggests otherwise. ...

Art Berman - The Petroleum Truth Report


Posted 4 months agoOpinion > Art BermanThe Petroleum Truth ReportShale +1

As Oilfield service layoffs hits 35%, hiring poised to restart

Rystad Energy research shows a massive workforce reduction in the Oilfield service industry during 2014 to 2016, but service companies within the Shale business are now starting to recruit again and are expected to do so in offshore later this year. The North American shale industry in particular, ...

Julia Weiss


Posted 4 months agoOpinion > Rystad EnergyOilfield ServicesShale +1

REU Houston 2017

Embedding tools, techniques, data and analytics for reliable reserves forecasting that supports internal and external investment Now in its 7th year, REU Houston has established itself as a core annual gathering in the reservoir engineering calendar for operators and other stakeholders to share s ...

evvnt Platform


Houston   TX   US 20 Jun 2017


Posted 4 months agoEvent > Reservoir Engineeringreserves evaluationreserves estimation +3

Shale Cost Reductions Are 10% Technology and 90% Industry Bust

I am tired of hearing about the unbelievable impact of technology on collapsing U.S. shale production costs. The truth is that these claims are  unbelievable. The savings are real but only about 10% is from advances in technology. About 90% is because the oil industry is in a depression and oil fi ...

Art Berman - The Petroleum Truth Report


Posted 4 months agoOpinion > Art BermanThe Petroleum Truth ReportShale +1