Home » Posts tagged 'shale oil' (Page 18)
Tag Archives: shale oil
The Dangerous Economics of Shale Oil | Peak Prosperity
The Dangerous Economics of Shale Oil | Peak Prosperity. For years, we’ve been warning here at PeakProsperity.com that the economics of the US ‘shale revolution’ were suspect. Namely, that they’ve only been made possible by the new era of ‘expensive’ oil (an average oil price of between $80-$100 per barrel). We’ve argued that many players in the […]
Make No Mistake, the Oil Slump Is Going to Hurt the US Too | Casey Research
Make No Mistake, the Oil Slump Is Going to Hurt the US Too | Casey Research. f you only paid attention to the mainstream media, you’d be forgiven for thinking that the US is going to get away from the collapse in oil prices scot free. According to popular belief, America is even going to […]
20 Stunning Facts About Energy Jobs In The US | Zero Hedge
20 Stunning Facts About Energy Jobs In The US | Zero Hedge. For all those who think the upcoming carnage to the shale industry will be “contained” we refer to the following research report from the Manhattan Institute for Policy Research: The United States is now the world’s largest and fastest-growing producer of hydrocarbons. It has […]
Bakken New Wells Producing Less Confirmed – Peak Oil BarrelPeak Oil Barrel
Bakken New Wells Producing Less Confirmed – Peak Oil BarrelPeak Oil Barrel. It is has now been confirmed. The first measured 24 hour production from Bakken wells is a very good predictor of the future production of that well. And it has also been confirmed that new wells with higher well numbers are producing a […]
Saudi Oil Minister Denies ‘Conspiracy’ To Collapse Oil Prices
Saudi Oil Minister Denies ‘Conspiracy’ To Collapse Oil Prices. ABU DHABI, United Arab Emirates – Saudi Arabia’s oil chief on Sunday dismissed allegations that his kingdom conspired to bring down oil prices in order to harm other countries and told a summit of Arab energy leaders that he was confident the market would stabilize. The […]
The reason oil could drop as low as $20 per barrel
The reason oil could drop as low as $20 per barrel. How low can it go — and how long will it last? The 50 percent slump in oil prices raises both those questions and while nobody can confidently answer the first question (I will try to in a moment), the second is pretty easy. […]
Guest Post: Calculating The Breakeven Price For The Median Bakken Shale Well | Zero Hedge
Guest Post: Calculating The Breakeven Price For The Median Bakken Shale Well | Zero Hedge. A lot of data has been thrown around recently concerning the Bakken shale wells of North Dakota in an attempt to figure out the necessary oil price required to break even on the investment. In order to get a clearer […]
US Oil Rig Count Tumbles Most In Over 5 Years,”Demand From Oilfield Customers Dropping Rapidly” | Zero Hedge
US Oil Rig Count Tumbles Most In Over 5 Years,”Demand From Oilfield Customers Dropping Rapidly” | Zero Hedge. “Unequivocally” not good. Following last week’s surge in initial jobless claims for ‘Shale’ states, Baker Hughes confirms rig counts continue to tumble. The last two weeks have seen the total US rig count fall the most since 2009 (and […]
“It’s A Huge Crisis” – The UK Oil Industry Is “Close To Collapse” | Zero Hedge
“It’s A Huge Crisis” – The UK Oil Industry Is “Close To Collapse” | Zero Hedge. t seems like only yesterday when back on October 11, we first explained – and previewed – the collapse of oil courtesy of the secret deal between the US and Saudi Arabia. However, it seems like only this morning when we […]
Comstock Suspends Drilling In Eagle Ford Due To Plunging Oil Prices | Zero Hedge
Comstock Suspends Drilling In Eagle Ford Due To Plunging Oil Prices | Zero Hedge. Shale 0 – Saudi Arabia 1 Following one after another major and shale company announcing plans to trim capex (even as they miraculously still get to keep their revenue and EPS projections intact, for now), the latest victory handed to Saudi […]
Chevron Pulls Out Of $10 Billion Gas Deal With Ukraine
Chevron Pulls Out Of $10 Billion Gas Deal With Ukraine. Ukraine’s bid to rid itself of its dependence on Russian energy just took a huge hit. Chevron announced that it was pulling out of a deal that it made with the Ukrainian government to develop shale gas in western Ukraine. The $10 billion deal was signed before […]
Low Oil Prices Could Point To A More Serious Problem
Low Oil Prices Could Point To A More Serious Problem. West Texas Intermediate sold for $105 a barrel at the start of July, but ended last week at $58. The most important factor has been surging U.S. production. But another reason oil prices have slid so much is weakness in demand for the product, which may […]
Resource Insights: The high cost of low-priced oil
Resource Insights: The high cost of low-priced oil. As a consumer of oil, you may regard recent sharp declines in the world oil price as a blessing. But… If you work in the oil industry, you will not. If you work in the renewable energy industry, you will not. If you work in the energy […]
Chemicals from fracking, acidizing, and gravel packing make us sick – Faces of Fracking
Chemicals from fracking, acidizing, and gravel packing make us sick – Faces of Fracking. It is well-known that many of the chemicals used in fracking, acidizing, and gravel packing are harmful to our bodies. Just look at the above graphic. What hasn’t been so clear is the evidence that highlights incidences where these chemicals have actually made […]
Early slowdown signs emerge for U.S. oil states after crude slide | Reuters
Early slowdown signs emerge for U.S. oil states after crude slide | Reuters. (Reuters) – After leading the U.S. economic recovery out of recession, some of the nation’s top oil states are showing early signs of a slowdown as a result of the plunge in crude prices. In Houston, Texas, the first oil industry layoffs […]
