All Blog Posts (378)

Are Crude Oil and Natural Gas Reconciling?

Crude oil prices have dropped 38% since June for two reasons.  Shale oil production in the US Bakken, Eagle Ford, and Permian basins has increased dramatically - by more than 4 million barrels per day since 2008.  At the same time, worldwide demand for crude oil has declined as a result of slowing economies in China and Europe.  

Starting in January 2012, the US crude oil benchmark, West Texas Intermediate (WTI), bounced around $100/Bbl (dollars per…

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Added by Jim McDonnell on December 9, 2014 at 6:30am — No Comments

Alternate Fracking and Wastewater Treatment Methods

 

In researching this subject, I discovered a January 16, 2011 article featured in OilOnLine which provides an interesting alternative to conventional fracking techniques.  Virginia based PDN Mountaineer, LLC announded that they have partnered with Utah based Purestream Technology in incorporating their Trilogy system to treat and purify wastewater from their Marcellus operations.  Purestream claims to be able to alleviate the environmental impact of hydraulic fracturing by…

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Added by John W. Landman on November 17, 2014 at 2:30pm — No Comments

Is the Obama administration preemptively driving down the price of oil?

Story from The Guardian

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,…

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Added by Keith Mauck, Publisher on November 14, 2014 at 8:30am — No Comments

Surging U.S. Dollar Brings High Volatility in Crude Oil, Gold, Silver and Grains

Crude oil futures in the December contract rallied $.65 to finish around 78.60 a barrel after hitting multi-year lows this week at 76.00 and if you’re still short this market I would place my stop above the 10 day high which… Continue

Added by Ray @ The Crude Oil Trader on November 9, 2014 at 12:16pm — No Comments

Mark Twain: History Doesn't Repeat itself....But it Does Rhyme. Gold, Vanderbilt and more

By John Mauldin



“The significant problems that we have created cannot be solved at the level of thinking we were at when we created them.”– Albert Einstein


“Generals are notorious for their tendency to ‘fight the last war’ – by using the…
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Added by Ray @ The Crude Oil Trader on November 6, 2014 at 8:08am — No Comments

Blog Update

Featured Blogs

Goldman: Shales may attain an estimated 11%…
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Added by Keith Mauck, Publisher on November 5, 2014 at 10:05am — No Comments

Goldman: Shales may attain an estimated 11% return on $70-$80 oil

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…

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Added by Keith Mauck, Publisher on November 5, 2014 at 9:30am — No Comments

Too Much Clay? Chill Out. Why Cryogenic Fracturing May Be the Answer

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…

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Added by John W. Landman on November 2, 2014 at 7:17pm — No Comments

Natural Gas Market Update

Blog 047 - image 01

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…

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Added by Jim McDonnell on October 30, 2014 at 9:30am — No Comments

Total War over the Petrodollar

By Marin Katusa, Chief Energy Investment Strategist

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.



He’d…

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Added by Ray @ The Crude Oil Trader on October 25, 2014 at 8:27am — No Comments

Saudi Arabia Oil Policy Hammers Home The Austerity Case

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…

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Added by Keith Mauck, Publisher on October 21, 2014 at 9:46am — No Comments

Will Lower Oil Prices Drive A Greater Austerity Push?

West Texas Intermediate (WTI) oil prices fell below $90 per barrel last week in response to data reflecting weakening economic activity in China and Europe.  Recent economic data for the United States has been mixed, but generally it has been more positive than negative.  That said, future economic growth is being questioned by the weaker global outlook and the announcement of the first Ebola case in the United…

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Added by Keith Mauck, Publisher on October 8, 2014 at 10:00am — No Comments

The Longest Running Water Management Event in The Rockies Returns To Denver This Month

Pressure to reuse produced water in tight oil and shale gas plays in the Rocky Mountains is ever increasing, with a recent study by Ceres showing that reusing produced water can achieve a cost reduction of 24-46% per barrel.

The program for the 4th Annual Produced Water…

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Added by Keith Mauck, Publisher on October 8, 2014 at 8:54am — No Comments

How Low Can Crude Oil Go?

Our trading partner Mike Seery is laying out his bearish view on crude oil. How low can it go?

Crude oil futures in the November contract are down $1.50 a barrel currently trading at 89.53 right near two year lows with extreme choppiness over the last several weeks with many rallies and sell offs as I’ve been sitting on the sidelines but now the trend clearly is to the downside, however the chart structure is terrible at the current time so I am not taking a short at this time,…

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Added by Ray @ The Crude Oil Trader on October 5, 2014 at 10:00am — No Comments

The Top 5 Chesapeake Royalty Litigation Trends to Watch

By Keith Mauck

Over the last few years litigation arising from Chesapeake Energy’s royalty practices, has reached a tipping point with a number of new suits being filed in the last year and stretching into new legal theories of liability. The origins of this litigation boom against Chesapeake stems from changes…

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Added by Keith Mauck, Publisher on September 30, 2014 at 9:30am — No Comments

Environmentalists Disrupt Efforts To Boost NE Gas Supply

 

Two weeks ago last Saturday, a group of residents led by an environmental activist marched in Burrillville, Rhode Island protesting plans by Spectra Energy (SE-NYSE) to expand the delivery capability of its Algonquin pipeline system that supplies gas to the state and other New England states.  Actually, the physical expansion of the pipeline will occur elsewhere, but Spectra Energy operates a compressor plant in…

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Added by Keith Mauck, Publisher on September 2, 2014 at 4:00pm — No Comments

Shale's Footprint: Anti-Frackers will really hate this

Make sure you share this on Facebook. Your enviro-friends will hate it.

Link1: Wind farms need 700 times more land than shale

  • A wind farm requires 700 times more…
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Added by Keith Mauck, Publisher on August 18, 2014 at 8:57am — No Comments

"La Plume Rouge"

This summer I have spent a fair amount of time dusting off my memories of offshore Gulf of Mexico. I guess it should be expected since I attended the OTC for the first time in 25 years, add that with the offshore process training at the Shell Robert’s Training Center in Southern…

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Added by Steve Burnett on August 15, 2014 at 1:04pm — No Comments

Great Crew Change

New technology must come to the forefront to solve the “Great Crew Change." With the economy finally starting to begin to rebound, the available talent pool is just not there. Due to the a situation in which everyone was either looking for a job or looking to cling to what they had before,most qualified candidates are already employed. The…

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Added by Marcellus Shale Jobs on August 15, 2014 at 11:00am — 2 Comments

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