America
Shale drillers lose most-precious asset—the $90 hedge
The insurance protecting shale drillers against plummeting prices has become so crucial that for one company, SandRidge Energy Inc., payments...
Read moreShale boom shows resilience as rigs rebound with oil under $60
For the first time in almost seven months, America’s shale drillers put rigs in oil fields back to work, and...
Read morePackers Plus, Acacia subsidiary collaborate for licensing of multi-zonal completion technology
Packers Plus and a subsidiary of Acacia Research Corporation have announced their collaboration on the licensing of a set of...
Read moreOPEC assumes oil price will recover gradually to $80 in 2020
OPEC is assuming the oil price will rise gradually to $80/bbl in 2020 as supply growth outside the group weakens,...
Read moreOil seen below $100 until 2020 by ex-IEA chief due to U.S. shale
Oil prices won’t rebound to $100/bbl before 2020 to 2025, when U.S. shale production will gradually start to decline, according...
Read morePennsylvania inks cooperation agreement with West Virginia, Ohio to boost shale gas industry
Governor of Pennsylvania, Tom Wolf, has announced that Pennsylvania has entered into a three-year cooperation agreement with West Virginia and...
Read moreSPE panel uncertain about the present, but optimistic about the future
The Society of Petroleum Engineers (SPE) Annual Technical and Conference (ATCE) is taking place this week while the oil and...
Read moreGoldman Sachs: This oil rally is not going to last
Oil has been surging this week but Goldman Sachs is calling for gains to be short-lived. The front-month West Texas...
Read moreNear-term financial risks for U.S. Independents exaggerated: Wood Mac
The high-growth business models of the U.S. Independents are being tested by low oil prices and tougher access to capital....
Read moreAPI issues updated standards for hydraulic fracturing
New editions of API’s hydraulic fracturing standards provide the latest technical direction for operators working to continuously improve well integrity,...
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