In the dynamic world of energy production, the United States continues to defy expectations. Despite a stagnant rig count, U.S. crude oil output has reached unprecedented heights, showcasing remarkable efficiency gains and technological advancements in the industry. This trend highlights how operators are squeezing more production from fewer rigs, a testament to improved drilling techniques […]
Continue ReadingDaily Standup Top Stories The Current State of Critical Minerals in the US Market October 12, 2025 Clark Savage In an era defined by the push toward clean energy, electrification, and advanced technologies, critical minerals have emerged as the backbone of modern manufacturing and national security. These essential resources—ranging from lithium for batteries to […] China and […]
Continue ReadingThe energy sector is facing headwinds as crude oil prices continue their downward spiral, influenced by factors such as U.S. President Donald Trump\’s tariff threats on China, a ceasefire in Gaza, and forecasts of global oversupply. As of October 11, 2025, West Texas Intermediate (WTI) crude oil is trading at $58.90 per barrel, marking a […]
Continue ReadingIn a move that could reshape its portfolio and bolster its financial position, Canadian oil producer Baytex Energy Corp. is reportedly exploring the sale of its U.S. Eagle Ford shale assets for up to $3 billion. The news, first reported by Bloomberg on October 9, 2025, sent Baytex shares up about 4% in trading, reflecting […]
Continue ReadingThe U.S. Energy Information Administration (EIA) has updated its Short-Term Energy Outlook (STEO), forecasting that U.S. crude oil production will average 13.5 million barrels per day (b/d) in both 2025 and 2026. This projection comes on the heels of a record-breaking July 2025, when U.S. crude oil output hit an all-time high of 13.6 million […]
Continue ReadingWeekly Daily Standup Top Stories Dallas Fed Survey Reveals Unrest in America’s Shale Patch September 27, 2025 Clark Savage ENB Pub Note: This article is from David Blackmon’s Substack, and we recommend subscribing. This brings up a huge discrepancy between “Drill Baby Drill” and what is actually happening in the oil and gas industry […] U.S. Shale […]
Continue ReadingDaily Standup Top Stories Why Advertisers Are Returning to Big Oil Despite Net-Zero Pledges September 27, 2025 Clark Savage ENB Pub Note: This is an excellent article from Irina Slav on Oilprice.com. While the title says advertisers are returning to big oil, I would add investors to the list. I have written several articles […] Chinese Lithium […]
Continue ReadingThe narrative around U.S. shale oil and gas has been buzzing with talk of peaks and plateaus, especially amid fluctuating prices and budget constraints. Yet, a closer look at production trends, technological strides, and emerging demand drivers reveals a resilient industry far from exhaustion. While some industry voices suggest that shale oil output may have […]
Continue ReadingThe U.S. rig count continues its downward trend, reflecting a cautious approach by drillers amid fluctuating oil prices, economic uncertainties, and a focus on capital discipline rather than aggressive expansion. According to the latest data from Baker Hughes, the total number of active drilling rigs in the United States dropped by one to 538 for […]
Continue ReadingI have always loved the Monty Python skits, and my favorite is Monty Python and the Holly Grail. The line \”I\’m not dead yet\” is still applicable to the United States shale and dare say \”Peak Oil Demand\”. There is a huge question of how much technology and U.S. grit can overcome the lower rig […]
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