U.S. shale drillers will be eager to boost production as oil prices near $100 per barrel, but a looming frac sand shortage may stop them. Combined with rising labor costs, a potential trucker shortage, and […]
ConocoPhillips is supplying a Bitcoin mining project with natural gas from the Bakken shale of North Dakota in a first for a major U.S. producer. The gas supplied to the pilot project, owned and managed […]
Oil drillers set to increase U.S. production in the coming years face considerable headwinds from labor shortages in America’s most prolific shale patch, according to industry consultants Evercore ISI. The Permian Basin straddling Texas and […]
With crude prices at their highest levels in years, U.S. oil drillers are trying to boost output fast, but their efforts have been hit by a shortage of sand to use for fracking operations. Crude […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), February 2022 In our February 2022 Short-Term Energy Outlook (STEO), we forecast that crude oil prices will remain high enough to drive U.S. crude oil production […]
February 16, 2022 Some things are just funny. Like catching an Amazon porch pirate in the act, or seeing the high school bully broken down on the side of the road. What is even funnier […]
What is going to drive the 2022 energy markets? Well, Dane tells us. There are vast amounts of data that Enverus evaluates before making market predictions. If you need to make a decision in the […]
Baker Hughes rig count released Friday shows the United States has added 22 rigs since last week, bringing its total count to 635. This shows an increase of 238 rigs from last year, and brings […]
ConocoPhillips, one of North America’s largest energy explorers, is considering a sale of operations worth more than $1 billion in the Permian Basin, according to people with knowledge of the matter. The company is working […]
Consumer prices jumped 7.5% compared to last January, with necessities – electricity, gasoline, used cars, many food items – up at astonishing levels. Rents have increased by the highest percentage in 10 years – and […]
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