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For crude prices to average $50 to $52 in 2017, OPEC must extend quotas and maintain compliance, and demand must increase, according to a report.
In this episode of Political Sidetrack, a roundtable of three experts discusses the impact of these bans and concerns about future efforts to restrict fracking.
Proposal for coast-to-coast gas pipeline mocked; shipping LNG from west to east called cheaper.
More than 2 million sq km (772,204 sq miles) of new 2-D and 3-D seismic are expected to lure companies to Mexico’s E&P sector.
The API gravity for extracted crude varies across states, the U.S. Energy Information Administration said.
Work on the next generation of all-electric subsea production systems is being advanced, albeit not swiftly, as there is a three-way competition amongst big hardware companies.
At DUG Permian Basin, Tom Petrie advised that the U.S. is poised to become a key driver of the oil supply equation.