Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and office assignments. He currently maintains an independent training and consulting practice, and writes on energy related topics.
The recent combination of Schlumberger’s, (NYSE:SLB) OneStim business with Liberty Oilfield Service, (NYSE:LBRT) created a colossus in North American fracking. One estimate suggested the combination…
It is over-simplification to say the world has been overwhelmed with too much oil and gas and inadequate drivers of demand for them over the…
One of the themes that is emerging as we review investment candidates is the era of oil growth, which is at least going to take…
Canadian exploration and production companies have not rebounded from the sharp sell-off that took place in the oil patch after the OPEC+ fallout in March…
It’s been a long dry spell in the Permian. Shale drilling and completions activity has collapsed to levels not seen since before 2000 (as far…
The market is gradually beginning to give credence to something I've been discussing in past OilPrice articles for a long time now. In a June,…
The oilfield has historically been a place where brawny men, and mighty machines came together to bore holes deeply into the earth to wrest stores…
I have established a reputation as a bit of a contrarian in certain areas of the energy market. I have been tough on pipeline companies…
The Dakota Access Pipeline, (DAPL) was built to transport Bakken crude oil from its point of origin in far North Dakota to a terminus in…
The major integrated oil companies: Shell,(NYSE:RDS.A, RDS.B); ExxonMobil, (NYSE:XOM); BP, (NYSE:BP); Chevron, (NYSE:CVX), and a few others, so named for their vertical stewardship of the…
The oilfield was served up a harsh reminder that all is not “sunshine” and “strawberries” in the oilfield today. The EIA Weekly Petroleum Status Report’s…
The most recent edition of the Energy Information Agency monthly Drilling Productivity report confirmed what news reports had anecdotally told us. U.S. domestic shale production…
American shale peaked in February of this year, and is on glide path lower as the drilling decline takes its toll on legacy production. As…
OPEC+ hopes to reduce global storage volumes with their production cuts, and hopes to extend them through at least, the summer. OPEC’s regular meeting in…
There is no question that as the oil price dropped in the first quarter of 2020, producers reacted strongly curtailing new drilling, and actually shutting…
It has just been an amazing week for crude oil! We haven’t seen upward movement in WTI like we’ve seen this week in…forever, on a…
If you’re a fan of oil, and I expect you are seeing as how you’re reading articles on OilPrice, get ready for a positive forecast…
It is very common today to read about shutting-in of producing oil and gas wells to reflect the reality there are fewer and fewer places…
This week the near term price for crude oil fell to -$37.68 per barrel. This was driven by the expiration of the May futures contract…
Well, it’s done and dusted. After keeping the world on the edge of its figurative seat for several days last week, OPEC+ announced a paltry…