To Frack Or Not To Frack? Australia’s Natural Gas Dilemma

Clyde Russell, Reuters

The territory’s government said on April 17 that it has lifted a near two-year moratorium on hydraulic fracturing.

Ensuring Future Energy Resources

Jennifer Presley, Hart Energy

The partnership between public and private entities continues to drive innovation in U.S. unconventional resource plays.

Exploration Success Continues

Rhonda Duey

Major discoveries have been announced in the past few months. Can this success persist?

LNG Buyers Need Producers Help To Boost Demand

Clyde Russell, Reuters

With governments across South and Southeast Asia finding it increasingly beyond their budgets to fund the required infrastructure, it will fall to the private sector to stump up the money.

Hedge Fund Oil Bulls Downplay Macro Risks

John Kemp, Reuters

Most hedge fund managers seem convinced the next major move in prices is more likely to be on the upside.

EIA: US Crude Oil Production Still Rising

Velda Addison, Hart Energy

U.S. oil production ticked up by 5% in 2017 to 9.3 million barrels per day (MMbbl/d) and could rise to 10.7 MMbbl/d this year, according to the EIA.

Survey Finds Oilfield Services Costs Rising

Velda Addison, Hart Energy

The index of input costs for oil services firms’ equipment jumped from 30.9 to 46.8, according to a survey released by the Federal Reserve Bank of Dallas.

Oil Market ‘Locked,’ Almost All Funds Expect Further Price Rises

John Kemp, Reuters

Fund managers now hold a net long position of 1.311 billion barrels across Brent, NYMEX and ICE WTI, U.S. gasoline, U.S. heating oil and European gasoil.

Re-examining Arctic Potential

Judy Murray, Senior Contributing Editor

When some operating companies decided to abandon the Arctic three years ago, others joined forces to open what could be the largest undeveloped oil and gas province in the world.

India Shows Crude Battle Is More Than OPEC Vs US Shale

Clyde Russell, Reuters

The International Energy Agency put India’s crude oil demand at 4.68 MMbbl/d in 2017 and estimated that this year will see demand rise 6.4% to 4.98 MMbbl/d.

Latin America Shines On

Jennifer Presley, Hart Energy

Latin America has long captivated the world. From the beaches of Cancún to Copacabana and all points in between, near and far, the region provides the rhythm that moves us all. Nowhere is this more visible than in Brazil, home to Samba music and Carnival. 

Improving Contractor-Management Processes

Joe Eastin, ISN

Contractor companies have a lot to look forward to in the year ahead. In a contractor-management strategy survey that ISN recently conducted, 60% of the 34 organizations in the upstream oil and gas industry reported that they expect to see an increase in their outsourcing of work to third-party contractors over the next 12 to 18 months.