Rystad Energy expects exports to balloon and reach 4.7mn bpd by the end of 2020 and nearly 6mn bpd by the end of 2022
shale
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Halliburton regional SVP on winning the Oilfield Services Company of the Year
Ahmed Kenawi, senior vice president, MENA region, Halliburton, speaks on the sidelines of the Middle East Energy Awards after Halliburton won the Oilfield Services Company of the Year
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US shale is not going bankrupt, Rystad Energy says
During the next seven years, the top 40 US shale oil producers are expected to spend about $100bn on debt instalments and interest unless further debt refinancing is applied
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Halliburton ranks second on the Top 30 Oilfield Services Companies of 2019
The company’s innovative approach to extracting unconventionals in the Middle East helped it win second place on our list…
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US shale to grow to 14.5mn bpd by 2030: Rystad Energy
Strong US supply will be driven, in part, by a large inventory of wells still to be developed across several prolific shale plays
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Trump: US doesn’t need Middle East oil, calls for “American energy dominance”
The president of the United States claimed that the US has already achieved energy independence and is seeking dominance in the market
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Libya NOC and Schlumberger to establish Benghazi training centre
Courses will include additional recovery methods, directional drilling and fracturing techniques as well as methods to develop shale oil reserves
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Cash flow low in US shale firms despite record production
Although US production is swelling, the vast majority of its shale companies are not cash flow positive, Rystad Energy finds
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Rotork electric actuators powered by solar panels on US gas production wells
Rotork supplied full-turn electric actuators for upstream shale gas production wells in the US
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Just 10% of shale oil companies are cash flow positive: Rystad Energy
Nine in ten US shale oil companies are burning cash, according to Rystad Energy.