Despite Congress passing new sanctions…
Crude oil prices ticked higher…
Two weeks ago I wrote about the UK North Sea being a sleeper play for the global oil and gas industry. And the last several…
The shale boom that made the U.S. the world’s largest producer of oil and gas is about to come to halt as the U.S. shale sector is witnessing a…
(Click to enlarge) The Monthly Energy Review and the Petroleum…
Many investors will be shocked at a new report this week. Showing that investment in the downtrodden natural resources sector is actually hitting record highs right…
In this post I present what I found from applying R/P (Reserves divided by [annual] Production) ratios for Light Tight Oil (LTO) for 3 big companies…
The US oil directed rig count was up 31 for the month of July and WTI is down about $11 for the month at time of…
A lot to talk about in the oil sector space as many mavens weighed in this week on oil, while the energy sector experienced what I…
Now that we are over half way through earnings season for companies here in the U.S., there is an interesting trend developing amongst the hard hit…
Introduction Everyone has heard of the Bakken. The Bakken is the reason why North Dakota has emerged as the second largest oil…
The second quarter was not kind to some of the oil majors. Royal Dutch Shell revealed that its quarterly profits dropped by 33 percent compared…
Summary 1) The EIA drilling productivity report has been used to estimate decline rates in the Bakken, Eagle Ford and Permian light tight oil (LTO…
Iraq has successfully ramped up oil production in recent months despite ongoing violence. According to Deutsche Bank, Iraq produced 4.1 million barrels of oil per…
Perhaps the biggest single change for the oil business since the start of the slump is Halliburton’s deal to buy Baker Hughes. The mega-merger would radically…
Important news last week -- from a place that's quickly becoming the world's focus for high-impact oil and gas projects. That's Iran. Where government officials said…
The undisputed king of oil and gas is making some moves that could change the face of the global refining sector.In June 2015, Saudi…
The plunge in oil prices last year led many to say that a decline in U.S. oil production wouldn't be far behind. This was because almost…
The Texas RRC Data is out. All RRC data below is through May. The EIA data is through April.
The U.S. Strategic Petroleum Reserve (SPR), once seen as a cornerstone of America’s energy security, is losing its shine in Washington.The SPR was established in the aftermath…
Alberta’s oilsands were front-page news again last week as Alberta Premier Rachel Notley stopped in Quebec en route to the annual premiers’ conference in St.…
Not typically thought of when considering major oil exporters, one small country holds significant potential to join the ranks of some of South America’s much larger…