shale
Posted inDRILLING & PRODUCTION
US shale producers remain disciplined with production and capital guidance despite high oil prices
Throughout the pandemic, US shale producers have behaved rather conservatively with respect to production levels and have not reacted too quickly to the increase in oil price
Posted inExploration & Production
‘Live’ DUC well inventory fell to lowest since 2013 as the US continues to frack more than it drills
The total number of horizontal DUCs in the Permian, Eagle Ford, Bakken, Niobrara and Anadarko regions combined fell to 4,510 wells by the end of June
Posted inExploration & Production
What the renewables sector can learn from the shale bust
Booming shale supply growth saturated markets and made it difficult to achieve sustained profitability, and the similarities in renewables are striking
Posted inExploration & Production
High prices tempt US shale but tapping OPEC+ inaction would take months
While US shale could try to take advantage of the OPEC+ deadlock, its monthly output is not expected to match the record achieved in 2019
Posted inExploration & Production
High prices tempt US shale but tapping OPEC+ inaction would take months
While US shale could try to take advantage of the OPEC+ deadlock, its monthly output is not expected to match the record achieved in 2019
Posted inDRILLING & PRODUCTION
The future for Chinese shale gas
Production has surprised to the upside, but a Chinese shale revolution seems a distant prospect
Posted inDRILLING & PRODUCTION
Permian oil output set to grow in Q2: Rystad Energy
With fracking at a 12-month high and flaring at the lowest level since 2017, Permian output is set for a boost
Posted inDRILLING & PRODUCTION
Growth of US shale industry to hinge on capital budget discipline
The majority of operators have stated that they are planning to operate within free cash flow to fund their future capital expenditures