Home » Posts tagged 'texas' (Page 6)

Tag Archives: texas

Fate of Keystone XL Pipeline Could Be Decided in a Texas Courtroom Before NAFTA Tribunal Considers TransCanada’s Suit

Fate of Keystone XL Pipeline Could Be Decided in a Texas Courtroom Before NAFTA Tribunal Considers TransCanada’s Suit Texas landowner Michael Bishop continues to challenge TransCanada’s right to build the southern route of the Keystone XL pipeline, renamed the Gulf Coast pipeline when the project was divided into segments. Meanwhile, TransCanada is suing the United States for not being granted the […]

Continue Reading →

Texas Oil and Natural Gas- June 2016

Texas Oil and Natural Gas- June 2016 Dean has shared his estimates for Texas Oil and Natural Gas output. Texas (TX) C+C output was revised lower by -10, -17, -22, -18, and -52 kb/d for Nov 2015 through March 2016 respectively. Output in April 2016 increased by 27 kb/d from the revised March 2016 estimate […]

Continue Reading →

Texas Update May 2016 and Eagle Ford Output Estimat

Texas Update May 2016 and Eagle Ford Output Estimate Dean has provided me with his latest update for Texas Oil and Natural Gas production. Texas C+C output has increased slightly over the first 3 months of 2016. Texas C+C output was 3549 kb/d in March 2016, about 39 kb/d higher than February. Texas crude output […]

Continue Reading →

Texas Oil and Gas Production March 2016

Texas Oil and Gas Production March 2016 Most of the charts that follow were produced by Dean Fantazzini and are in barrels of output per day for oil, condensate, and oil plus condensate except where noted. In my opinion Dean’s estimates for Texas output for the most recent 24 months are the best that I […]

Continue Reading →

Economic Activity Is Slowing Down Much Faster Than The Experts Anticipated

January 26, 2016

Economic Activity Is Slowing Down Much Faster Than The Experts Anticipated We have not seen global economic activity fall off this rapidly since the great recession of 2008. Manufacturing activity is imploding all over the planet, global trade is slowing down at a pace that is extremely alarming, and the Baltic Dry Index just hit another […]

Continue Reading →

Texas Economy Collapses – Dallas Fed Survey Crashes To 6-Year Lows As “D” Word Is Uttered

January 25, 2016

Texas Economy Collapses – Dallas Fed Survey Crashes To 6-Year Lows As “D” Word Is Uttered For the 13th month in a row, The Dallas Fed Manufacturing Outlook was contractionary with a stunning -34.6 print following December’s already disastrous collapse back to -20.1, post-crisis lows. With “hope” having plunged back into negative territory (-2.2) in December, January […]

Continue Reading →

Texas Oil and Gas Production Declining

January 18, 2016

Texas Oil and Gas Production Declining The Texas RRC Oil and Gas Production Data is out. This data is always incomplete. But we can get some idea of what the trend is by comparing it with previous months. This is what I have done in the charts below. If the latest months data is below the previous […]

Continue Reading →

Oil Forecast From a Reputable Firm

December 7, 2015

Oil Forecast From a Reputable Firm The below charts were derived from the data published by a very reputable oil and gas analyst and forecaster in Texas. Because the firm charges for their data forecast I am at not at liberty to disclose their name. All data through 2014 is the actual price and production […]

Continue Reading →

Texas Oil and Gas Decline in August

October 22, 2015

Texas Oil and Gas Decline in August The Texas RRC Oil and Gas Production Data with production data for August is out. The RRC data is always incomplete but if this month’s incomplete data is less than last month’s incomplete data then that’s a pretty good indicator that production this month is down. The EIA data here […]

Continue Reading →

The Dismal Thing Schlumberger CEO Just Said about US Oil

October 18, 2015

The Dismal Thing Schlumberger CEO Just Said about US Oil 2016 to be brutal. Then, dreams of “potential spike in oil prices” An engineer in the oil industry, who’d sold his house in Houston and bailed out after finding work in another state, just told me this: A young civil engineer that I am working […]

Continue Reading →

Should Texas Secede? Texans May Have Ballot Question to “Reassert Its Status As Independent Nation”

September 17, 2015

Should Texas Secede? Texans May Have Ballot Question to “Reassert Its Status As Independent Nation” The question of secession on a ballot it is a one. Secession might make a powerful statement to voice defiance government tyranny, but it could also set off sparks. Now, it appears that the biggest and most independent-minded state in […]

Continue Reading →

The Layoffs Return: Energy Giants Chevron, Saipem To Fire Over 10,000 Workers

The Layoffs Return: Energy Giants Chevron, Saipem To Fire Over 10,000 Workers In the beginning of 2015 the biggest threat to the economy as a result of the collapse in oil prices, both in the US and worldwide, was the surge in layoffs among highly-paid energy sector job. This was confirmed in April when we showed the […]

Continue Reading →

The EIA’s Questionable Numbers

The EIA’s Questionable Numbers The EIA’s, on June 30th, published its Petroleum Supply Monthly. I Think their numbers are just way too high. I compared them with the EIA’s Weekly Petroleum Status Report. The chart below shows the Results. I averaged the weekly numbers and converted them to monthly data. They were pretty close for the first […]

Continue Reading →

EIA Data Still Doesn’t Add Up

EIA Data Still Doesn’t Add Up As initially pointed out by Peakoilbarrel.com in a recent article, discrepancies between actual data for oil production in Texas vs. what the EIA claims are so stark it’s almost scary. How this can be overlooked by the mainstream media as well as by most of the broker community is even […]

Continue Reading →

Texas Oil and Gas Production for April

Texas Oil and Gas Production for April The preliminary Texas RRC Production Data is out this morning. There appears to be a considerable drop in Texas crude oil production in April. All Texas RRC data in the charts below is through April 2015 and all EIA data is through March 2015. For those new to this site, the Texas […]

Continue Reading →