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It’s beginning to look a lot like a tight natural market everywhere you analyze, says Stratas Advisors.
Two-day marathon meeting leads to more bullish than expected oil output cuts by OPEC and its allies.
Analysts forecast global oil production in fourth-quarter 2018 will increase by about 705,000 bbl/d.
The Pluma-1 well, which was drilled by the Noble Tom Madden drillship, hit about 37 m (121 ft) of high-quality hydrocarbon-bearing sandstone reservoir.
E&P companies are quietly at work proving up the next generation of unconventional plays.
Horizontal drilling was an overnight success 85 years in the making.
A little of this mixed with a little of that creates a stronger future.
Check out the latest activity highlights from around the world.
Take a look in the rearview mirror before previewing the year ahead.
Each of these 40 companies is one of the largest producers and/or one of the most active operators in a major U.S. shale play.
Familiar trends will continue to resonate in the new year as Shale 2.0 becomes another year older.
New attitudes and innovations work to combat air and water quality concerns.