by admin@hew-tex | Jan 10, 2018 | Hew-Tex, Uncategorized
WSJ : Alison Sider : Jan. 10, 2018 : 2:18pm Oil prices have been grinding higher and higher, spurring forecasters to predict they could hit $80 a barrel this year. Oil is already trading at its highest levels in three years after a 22% gain for U.S. crude futures over...
by admin@hew-tex | Dec 27, 2017 | Hew-Tex, Uncategorized
in Closing Bell Story / Energy News / Oilfield Services by— Oil & Gas 360 – December 27, 2017 That’s on top of 35% rise in 2017; 51% of surveyed oil and gas companies thought rising oil field costs would erase at least 75% of their hard-won efficiency...
by admin@hew-tex | Dec 19, 2017 | Hew-Tex, Uncategorized
Seekingalpha.com – Forge River Research – Long/short equity, hedge fund manager, CFA, oil & gas Summary The number of Drilled But Uncompleted (DUC) wells in the Permian has surged over 112% the past 12 months, up 15 consecutive months. Permian DUC...
by admin@hew-tex | Dec 14, 2017 | Hew-Tex, Uncategorized
Market Realist – By Keisha Bandz – Dec 14, 2017 | 9:43 AM US shale oil production In its November Short-Term Energy Outlook (or STEO) report, the EIA (U.S. Energy Information Administration) forecast that US crude oil production in 2017 would average 9.2...
by admin@hew-tex | Dec 14, 2017 | Hew-Tex, Uncategorized
Market Realist – By Keisha Bandz – Dec 14, 2017 | 9:43 AM Permian production forecasts In its November drilling productivity report, the EIA (U.S. Energy Information Administration) stated that oil production is expected to rise 58,000 barrels per day in...
by admin@hew-tex | Dec 14, 2017 | Hew-Tex, Uncategorized
Market Realist – By Keisha Bandz – Dec 14, 2017 | 9:43 AM Permian crude production by play According to the EIA (U.S. Energy Information Administration), Permian Basin production will increase to 4 million barrels per day by 2019. The Wolfcamp Midland and...
