All things pertaining to the leasing, drilling and production of shale gas and oil.
Think about how the Obama administration sees the state of the world. It wants Tehran to come to heel over its nuclear programme. It wants Vladimir Putin to back off in eastern Ukraine. But after recent experiences in Iraq and Afghanistan, the White House has no desire to put American boots on the ground. Instead,…
Posted by Keith Mauck, Publisher on November 14, 2014 at 8:30am
The conspiracy theories surrounding the death of Total SA’s chief executive, Christophe de Margerie, started the second the news broke of his death. Under mysterious circumstances in Moscow, his private jet collided with a snowplow just after midnight. De Margerie was the CEO of Total, France’s largest oil company.
Posted by Ray @ The Crude Oil Trader on October 25, 2014 at 8:27am
The carnage from falling global oil prices is felt throughout the stock market. Energy producers have suffered the brunt of the damage inflicted by the 20+% drop in Brent and West Texas Intermediate (WTI) oil prices since last June, but other energy subsectors have been hurt, too. Many of the companies significantly damaged price-wise were perceived as prime beneficiaries from continued high oil prices such as renewable energy…Continue
Posted by Keith Mauck, Publisher on November 5, 2014 at 9:30am
Almost without exception, today’s shale wells are stimulated using water-based fracturing fluids (slickwater). This technique is popular due to its ability to transport proppant effectively at a relatively inexpensive cost. However, it is a magnet for criticism from environmentalists, who are concerned about the incredible volume of water needed as well as the resulting contaminated wastewater which must be treated and disposed of properly. Water use is often cited as one of the primary…Continue
Posted by John W. Landman on November 2, 2014 at 7:17pm
The above graph looks at natural gas prices going back to January 1997.
Natural gas prices have retreated from their Polar Vortex highs and remain relatively low by historical standards.
The prices plotted above are not adjusted for inflation. If they were in 2014 dollars, the left side of the curve would be more elevated. In real dollars, today’s prices are lower…Continue
Posted by Jim McDonnell on October 30, 2014 at 9:30am
With little fanfare, the government of Saudi Arabia has sent the oil market into a tizzy with disclosure that it is willing to live for up to two years with oil prices below $90 a barrel and possibly as low as $80. For many oil market observers, this revelation shocked them as they were convinced, and espoused the view that the Saudis would help coordinate an OPEC production cut in order to support global oil prices in the $100 a barrel range. That view was based…Continue
Posted by Keith Mauck, Publisher on October 21, 2014 at 9:46am