Exploration & Production - Exclusives
With operators drilling faster and employing longer laterals, completions now require triple the volumes of water per frack than five years ago, according to Bluefield Research.
Babst Calland cites regulatory and consolidation challenges that beset operators in the Marcellus and Utica.
India and China are driving growth in energy consumption, BP report says.
Republicans and oil and gas industry organizations praised the president’s decision, while others were dismayed.
Peak oil demand will emerge through a supply gap by 2022 that will be difficult to bridge, the CEO of political risk firm Eurasia Group said.
Demand is expected to pick up in the second quarter, according to OPEC’s president. But that doesn’t mean another extension is off the table.
Stratas Advisors’ Jeff Quigley is in Vienna and will offer in-depth analysis from the OPEC meeting.
Since the summer months of 2016, activity has been on the mend in the Haynesville as rigs consistently picked up and are expected to remain steady throughout 2017-2018.
International exploration and technology remain crucial to filling future energy demand.
Gas production is at its lowest mark in two months and 3.5% lower than the year-ago period, but still a bit higher than production tallies at the beginning of 2017.
A legislative move designed to shore up energy supplies will be triggered only when a shortage has been identified and will apply to export operations, Matt Canavan said.
While one expert points to rising electric vehicle and ‘transportation-as-a-service’ in the U.S. as a possible death knell for the Alberta oil sands, others say, not so fast.