The price of WTI crude oil was down 2.5 percent to $58.46 per barrel on Friday after Baker Hughes A GE Co BHGE released its…
Tag: Oilfield
Is the Saudi-OPEC Alliance at a Tipping Point?
The Organization of the Petroleum Exporting Countries (OPEC) struggled when oil fell back into the $40s in December and January. The organization is committed to…
Team Liberty is drinking fracking fluid?
Team Liberty is drinking frac fluid? Yip, to illustrate that frac fluid is not health risks from fracking but lack of access to affordable energy…
Oil Stocks hit hard – No Good Deed Unpunished
U.S. shale drillers are cutting back on spending to deliver returns for shareholders, but investors are still selling off the stocks. The title of a…
The Anti Fracking Bill Gets Preliminary Approval From The Colorado Senate
The Colorado Senate has given preliminary approval to a bill that will dramatically change how the state regulates oil and gas. It faces another vote…
Exxon Mobil and Chevron Plan on Texas size Scale in the Permian Basin
Exxon Mobil and Chevron said they would boost their growth in the Permian basin substantially. Big oil is getting even bigger in shale, and that…
Anti Colorado Frac Senate Bill 181 was introduced Friday by Majority Leader Steve Fenberg, D-Boulder
Colorado Senate Bill 181 was introduced Friday by Majority Leader Steve Fenberg, D-Boulder, and co-sponsored in the House by Speaker KC Becker, D-Boulder. It will…
The Frack sand Glut Means 19% Drop in Prices
West Texas sand used in the hydraulic fracturing process will drop 19 percent this year to about $30 a ton compared to 2018, according to…
13.2 million barrels a day by 2020
The U.S. Energy Information Administration lifted its forecasts for U.S. crude production for this year and next and cut its 2020 forecasts for U.S. and…
BLM rakes in a record-breaking $1 billion from O&G lease sales
Acting Secretary of the Interior David Bernhardt today announced that Interior Bureau of Land Management (BLM) state offices generated $1.1 billion from oil and gas…
India is looking to expedite discovery efforts to establish the country’s shale oil and gas
India is looking to expedite discovery efforts to establish the country’s shale oil and gas potential and has asked companies to submit a plan, two…
Officials concerned by sharp increase in oil train traffic from Canada
Safety officials concerned by sharp increase in oil train traffic from Canada. Oil imports by rail from Canada have hit a historic high, meaning more…
Increase in the number of drilling rigs
WTI oil continued to cautiously rise in price after the publication of the weekly report by Baker Hughes, despite the fact that it signaled an…
Watford City business WatMineralTracker helps North Dakota mineral owners audit their royalties
WatMineralTracker talks about its tech start-up. Watford City business helps North Dakota mineral owners audit their royalties Are You Being Paid Enough? If you depend…