Category: Production

Report: Look for offline oil, find political unrest

Oil production around the globe is a canary in the coal mine, with major disruptions providing a strategic warning about growing instability and persistent violence around the world.  More »

Pemex loss widens as private investment nears

Falling oil prices and declining production drove the loss, executives told investors on a Friday conference call.  More »

David Stover moves into top job at Noble Energy

David Stover has been named Noble Energy CEO, under succession plan announced in April.  More »

Oil price could bite companies whose production made it cheaper

The companies that helped turn around the domestic oil supply situation now face lower profits because crude’s become so plentiful it’s getting cheaper.  More »

Government lags in measuring gush of U.S. crude

The federal Energy Information Administration relies on state agencies for data about oil production, sometimes two years late. For natural gas, the EIA is collecting data from an outdated survey of producers in five states that was designed before technological advancements opened up new plays across the country.  More »

Eagle Ford expected to hit 1.6 million barrels next month

The Eagle Ford Shale is expected to make 1.61 million barrels of oil per day in November, up 42 percent from the year before, according to a new government report. The field is making around 1.58 million barrels of oil daily this month, according to the U.S. Energy Information Administration.  More »

Shale boom tested as plummeting prices threaten U.S. drillers

More supply from hydraulic fracturing and horizontal drilling, and less demand, are contributing to the tumble in West Texas Intermediate crude.  More »

Eagle Ford, Permian drilling production surges

According to the Texas Petro Index, oil production in Texas rose almost 20 million barrels.  More »

As unconventionals dominate, buyers and sellers flip

Just a few years ago, the hope for a smaller exploration and production was to get bought up by an industry giant hoping to add assets to its ever-expanding portfolio. Today, that dynamic has been flipped entirely on its head.  More »

WTI crude slips below $90 for first time in 17 months

West Texas Intermediate oil fell below $90 for the first time in 17 months amid signs that supplies from Russia, Saudi Arabia and the U.S. are outstripping demand.  More »

NiSource joins utility trend in forming MLP

NiSource has announced plans to spend about $8 billion to $10 billion over the next five to 10 years to expand and upgrade pipelines serving the Marcellus and Utica shale formations.  More »

Panel: Don’t expect high natural gas prices any time soon

Panelists at a Houston energy forum said natural gas prices are likely to stay at relatively low prices because of the surge in production from shale.  More »
Page 1 of 2212345...1020...Last »