To understand the current shale boom, we take a step back in time to explore the history of oil in Texas. Boomtown is a 10-episode podcast series produced in partnership with Imperative Entertainment. Read the full article here Source: Texasmonthly.com
Oil prices rose slightly Monday on hopes energy demand will benefit from the trade deal between the United States and China. Brent crude oil futures rose 16 cents to $65.37 a barrel, while West Texas Intermediate crude rose 14 cents to settle near a three-month high of $60.21 a barrel. Read the full article here Source: […]
In a state that produces more crude and more natural gas than any other, is it any wonder the sun rises and sets on the price of West Texas Intermediate? In this live conversation, we sit down with industry professionals and local officials for a conversation on the state of play in Texas’ oil and […]
The American fracking for oil and natural gas boom will continue on through the 2020s. And why not? Since fracking took off in 2008, we have more than doubled our proven oil reserves to ~65 billion barrels. Natural gas reserves have surged over 80% to ~430 trillion cubic feet. Read the full article […]
U.S. shale oil production will continue growing. Despite a decline in the number of drilling rigs in the U.S. shale patch since the start of the year, the number of spudded wells has not fallen significantly. Read the full article here Source: Oilprice.com
Dallas Cowboys owner Jerry Jones is doubling down on Louisiana’s Haynesville play. Jones, 77, said “My immediate plan is to continue to aggregate long-term reserves to have the most efficient source of natural gas.” Read the full article here Source: Bloomberg.com
Natural gas is the cleanest, most versatile, and most flexible fossil fuel. This all explains why gas today provides a rising 30 percent of the energy used in the rich OECD economies. Read the full article here Source: rigzone.com
U.S. oil producers have said they plan to slow production to reduce supplies and thus boost the costs. But experts say that oil production will stay ramped up into 2020, and will slow later next year and after. Read the full article here Source: Toledoblade.com
Shale Rail released plans to add an additional new track. The Wysox location has the capacity to transload over 80,000 tons per month of frac sand. Read the full article here Source: northamericanshalemagazine.com
Natural gas prices will go up next month under new rates. The PUC approved an overall increase of $5.3 million, or 8.5%. Read the full article here Source: bendbulletin.com
