Exploration & Production

Premium Blend

Energy Prices And You

Fri, 03/27/2015 - 15:39

Mark James and Jack Lewnard discuss oil and natural gas prices' effects on the consumer industries. James, vice president for economic and business development at American Electric Power, said the current low costs benefit chemical, steel, plastic and automotive companies' costs of production and industrial capacity. Lewnard, vice president of business development for Chesapeake Utilities Corp., said such energy-intensive exports, including food products, had a price advantage during the last five years. Now, the concurrent manufacturing advantage "has been eroded."

Rig Count


Cushing Storage Capacity Is Being Tested

U.S. crude oil in storage grew by 8.4 million barrels—twice as much as commodity analysts expected—to 1.125 billion barrels for the week ending Feb. 20, according to the EIA’s weekly report Wednesday. Of that, 434 million was in non-SPR storage, up from 363 million a year ago.

Tue, 03/03/2015 - 10:27

Sanchez, Halcón Latest E&Ps To Tamp Down Capex

Halcón’s budget will fall 60% from 2014 levels while Sanchez reduces rigs.

Fri, 01/09/2015 - 11:27

Permian Basin Uses Record Number of Domestic Rigs

The number of rigs in the Permian and the Bakken was analyzed.

Mon, 05/12/2014 - 14:06

Integrated Services Could See Revenues Rise 10% In 2013, Analyst Says

Bakken share gains should reverse as drilling stagnates, activity in other basins expands.

Mon, 01/14/2013 - 14:00