Exclusive Articles

In Outcast Russia, Schlumberger Buys Interest In Driller For $1.7 Billion

The move helps shore up its partner in Russia and increases market share as Halliburton, Baker Hughes merge.

Lower Prices Could Affect Lending In Major Unconventional Oil Plays

If oil stays at $47/bbl, the Bakken and Niobrara would see the greatest reduction in activity because the plays have higher breakevens ($65/bbl and $62/bbl, respectively) than the Eagle Ford and Permian ($50/bbl and $54/bbl), according to the report.

Apache, Schlumberger Each Cut At Least 5% Of Jobs

The nosedive of oil prices has affected majors such as BP and private shale drillers.

Antero Adds More Acreage In Utica Core

In the past six years, Antero has more than quadrupled its net Appalachia acreage to 542,000 acres.

As Spending Tumbles, Up To 500 Rigs Might Lay Down

Capex might fall as much as 30% in 2015, analyst says.

Spotting 2015’s Hot Resource Plays

Tracking 1,000 boe/d wells from 2014 could predict this year’s best drilling areas. 

The Cascade Effect

As always, out of adversity spring opportunities. Here are ways to play the current low-price commodity cycle.

Survey: Global E&P Spending Will Fall

The drop might not be so precipitous in the US due to horizontal drilling.
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