Irrespective of price, geology is trumping technology in the Bakken and Eagle Ford plays.
Articles: tight oil (131)
Lifting the oil export ban would only perpetuate the problem of over-production. That is no solution to low oil prices, lost jobs or lower oil-related spending.
ExxonMobil CEO Rex Tillerson is wrong about the resilience of U.S. tight oil production.
There was a time, just a few years ago, that most news reports deemed a shale oil boom inevitable in California. But now, it’s not looking like such a sure thing after all.
Oil prices don’t change based on weekly rig count reports. Yet every week, there are proclamations by analysts that oil prices are poised to recover because of some change in the Baker Hughes North American rig count
The evidence suggests the United States is playing energy poker with a pair of jacks in its hand, but betting as if it had four aces.
A weekly review including Oil and the Global Economy, The Middle East & North Africa, Russia/Ukraine, Quote of the Week, The Briefs.
To separate the hype from reality on US shale oil, our podcast guest is Arthur Berman, a geological consultant with 34 years of experience in petroleum exploration and production.
The Wall Street Journal on Tuesday, February 10 proclaimed “Oil-Price Rebound Predicted” according to the IEA. - Not true.
Within a couple of years, those of us who have spent most of the past two decades warning about the approaching peak may see vindication by data, if not by public opinion.