Our Blog
Shale’s Shortcomings
In a recent article in “Oil Voice”, Nick Cunningham questions how much efficiency has really been realized in shale operations, and the implications for future production. The author notes that the highly touted efficiency gains by shale operators are the result of three major strategies: improving technology (longer lateral legs on horizontal wells and using… Read More
Saudi Oversight
According to a recent article in “World Oil”, investment banking firm Goldman Sachs contends that Saudi Arabia is wrong to assume that U. S. shale producers will not respond to higher prices with increased output in 2017. Admittedly, crude oil prices are already increasing as a result of the agreement between OPEC and non-OPEC countries… Read More
Much Sound and Fury Signifying Nothing?
At least one industry observer sees the recent agreement to cut production as having “…no significant impact on the direction of oil markets in 2017 and beyond.” In a recent article in “Oil Voice”, author John Richardson makes his case that oil markets in the future will be weaker, rather than stronger, unless there is… Read More
Controversial Pick for EPA
As a candidate for president, Donald Trump promised to “Make America Great Again”. Part of his plan to achieve this was by reducing taxes and alleviating the burden of regulation on business. Many of the regulations in question had been issued by the Environmental Protection Agency (EPA). Based on his recent nomination of Scott Pruitt… Read More
Chesapeake Sells Haynesville Assets
“World Oil” reports that Chesapeake Energy has sold a portion of its acreage and production in North Louisiana’s Haynesville shale. Proceeds from the sale to a private company will total $450 million. Chesapeake is divesting 78,000 net acres, 40,000 of which are considered core acreage. The assets are currently producing approximately 30 million cubic feet… Read More
