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Private-equity firms fueled the US shale revolution with $125 billion. Now they face a reckoning of epic proportions as the oil market melts down.
Article is behind a paywall. Excerpt below. You can bypass this Business Insider paywall by using a Private Tab with Tor, which is built...- Tom Kirkman Replied
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- 17,511 views
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Goldman Sachs says it remains bullish on oil prices in 2021
Long time members may recall my ad nauseum comments over a year ago that my "Goldilocks" oil prices for globally sustainable oil production are around $70...- Tom Kirkman Replied
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- 1,467 views
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You can read the May issue of 'Oil & Gas Middle East' for free
Bored during the lockdowns? You can now read for free an online edition of Oil & Gas Middle East. If nothing else, it offers a...- Tom Kirkman Replied
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Question on US Rig Count
Hello Gent's,......been lurker here for a while. I am new to this forum,..this is my first post,...but I'm in other forums of various interest...- aaronc Replied
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Saudi Outlook changed to Negative by Moody's as Reserves Tumble
This will increase their funding costs.- BLA Replied
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- 3,114 views
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Crane Failure While Load Testing
Watch the video. Oil work is dangerous even when not offshore. Saw a similar incident in Invergordon, Scotland in 1989. https://www.energypeople.com/news/story/breaking--offshore-vessel-due-to-start-working-in-north-sea-suffers-catastrophic-crane-collapse---video- Douglas Buckland Replied
- 1 reply
- 1,730 views
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Simple-minded delivery drones are silly
Today's article on delivery drones: https://oilprice.com/Energy/Energy-General/The-Dirty-Truth-About-Delivery-Drones.html makes is clear that electric quadcopter drones are a truly dumb idea. However, there are alternatives. Warehouse in the sky tilt...- Dan Clemmensen Replied
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- 1,281 views
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China’s self-declared districts in South China Sea illegal, says The Philippines
China continues to pursue oil & gas claims in the disputed regions of the South China Sea (which should be renamed the South Asia Sea in...- Tom Kirkman Replied
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- 1,714 views
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Oil floating storage
From a surge in share prices to a collapse of circa 20%, oil tanker stocks have taken a beating over the last few days....- Bilaal Nabi Replied
- 1 reply
- 5,645 views
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Trump told Saudis: Cut oil supply or lose U.S. military support
Trump told Saudis: Cut oil supply or lose U.S. military support https://www.yahoo.com/news/special-report-trump-told-saudis-110522123.html- ceo_energemsier Replied
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Why all eyes will be on the expiry of Brent oil futures this week
Amusingly, it seems that the New York Times copied and pasted this entire Reuters article and hid most of the Reuters article behind their NYT...- Tom Kirkman Replied
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Reuters Story of Trump Threatening Saudis is a joke.
Trump bends over backwards to please MBS and the Saudi government. He spends9 Billions of U.S. taxpayers dollars and risks U.S. troops lives defending...- trump threatens saudi
- oil bailout
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- BLA Replied
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Visualizing Oklahoma Oil & Gas Production (Through December 2019)
This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive...- shaleprofile Replied
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- 1,637 views
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U.S. Oil Producers Begin Storing Crude in Strategic Reserve
U.S. Oil Producers Begin Storing Crude in Strategic Reserve U.S. oil producers running out of space for storage amid an unprecedented slump in demand have...- ceo_energemsier Replied
- 5 replies
- 2,307 views
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Trump will announce OIL BAIL OUT PROGRAMS next week. Secretary Mnuchin says not a bail out.
Treasury Secretary says they are not bailing out the industry. BUT THEY ARE. Comes down to two programs. It is more so a bail out...- oil bailout
- trump oil
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- BLA Replied
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New Mexico watching as Texas considers limits on oil production
Laws governing oil production in New Mexico stem from the Oil and Gas Act of 1935, which, among many other things, suggests the state...- new mexico
- new mexico gop
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- Will Fine Replied
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Market got it wrong
These reporters and analysts are complete jokes. A brazen article entitled, Oil Prices Jump 28% But Analysts Warn More Carnage Still To Come . The insinuation...- DossieAUS Replied
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How can we protect independents from being bought out?
I keep reading concerns of another big buy out of the small and independents. Does anyone have any ideas or suggestions on how to prevent this?...- policy
- independents
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Crude oil going negative again when June contracts expire.
Looking for a debate. I believe crude will hit negative again maybe may 18th. June future contracts expire and nobody wants them no matter...- Realestrn Replied
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Crude oil going negative again when June contracts expire.
Looking for a debate. I believe crude will hit negative again maybe may 18th. June future contracts expire and nobody wants them no matter...- Realestrn Replied
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- 1,426 views
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Opinion: Reports of oil and gas industry's death are greatly exaggerated - - Edmonton Journal
Pushing back against the narrative. Good. Happy to see some level heads and rational reasoning has not yet died.. Fear Porn pushed by the media can...- Tom Kirkman Replied
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- BLA Replied
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How have prices at the pump been where you are at?
Prices just spiked $.30 cents where I am. I guess everyone is rearing up for that May 1st opening, huh?- HermitMunster Replied
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Railroad Commission rolls out proposed order for crude oil production cuts
Railroad Commission rolls out proposed order for crude oil production cuts https://www.houstonchronicle.com/business/energy/article/Railroad-Commission-rolls-out-proposed-order-for-15234036.php- ceo_energemsier Replied
- 1 reply
- 1,325 views
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China Crude Oil Imports 2001 - 2019 (bpd) | Top Supplying Countries
Recently, I come across a topic on crude oil consumption worldwide affected due to Covid-19 since early of 2020. As we understand, China is one...- Vincent Voon Replied
- 1 reply
- 2,408 views
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Visualizing Eagle Ford Oil & Gas Production (Through January 2020)
This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive...- shaleprofile Replied
- 0 replies
- 1,586 views
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IMO 2020 Compliance
Singapore’s MPA (Maritime and Port Authority of Singapore) has issued a statement saying in the first quarter of 2020, most ships calling at the...- Guillaume Albasini Replied
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Singapore Coastline Packed With Ships Full of Oil No One Wants
(Bloomberg) -- A narrow waterway off Singapore has become even more congested as oil-laden tankers wait out a slump in global fuel consumption that’s...- ceo_energemsier Replied
- 0 replies
- 1,500 views