Goldman Sachs predicts average oil prices of $76 per barrel in 2025 due to sufficient global spare capacity. The forecast sees limited upside potential due to high spare capacity and potential trade tariffs. Despite undisrupted […]
“Joe Biden is not on the ballot,” Vice President Kamala Harris has taken to telling voters on the campaign trail in recent weeks. During her interview with Fox News’s Bret Baier last week, Harris went […]
Daily Standup Top Stories Electrifying Everything Means Higher Energy Costs For Consumers. These DOE Numbers Prove It (Again) October 20, 2024 Stu Turley ENB Pub Note: Robert Bryce has been on the ENB podcast and the […]
Exxon to auction operated and non-operated wells in Bakken shale Assets on sale spread across 49,000 net acres in North Dakota Assets sale could fetch over $500 million, says sources NEW YORK, Oct 15 (Reuters) […]
Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity. Baker Hughes initiated the […]
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 1 […]
Swiss-based offshore drilling giant Transocean has secured a one-year contract with an undisclosed operator in the US Gulf of Mexico for its ultra-deepwater drillship Deepwater Conqueror. The New York-listed operator of 34 floaters said the […]
The U.S. shale patch recorded $12 billion worth of mergers in the quarter ended Sept. 30, the lowest total in six quarters, Enverus Intelligence Research has revealed. Andrew Dittmar, principal analyst at Enervus, has noted that […]
Daily Standup Top Stories Oil Prices Tumble as Demand Concerns Take Center Stage October 15, 2024 Mariel Alumit Oil prices fell early on Tuesday morning as fears faded of Israel striking Iranian oil facilities and traders […]
WoodMackenzie: Investments in oil and gas among the 23 biggest producers in the world are set to climb by over 60% by next year. Consolidation may be the new way of expanding asset bases because […]
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