Russia’s attack on Ukraine has roiled energy markets, pU.S.hing crude oil prices upward from already high levels. And no wonder, as RU.S.sia is one of the world’s top producers and exporters of crude oil and petroleum products. RU.S.sia has consistently been the second largest single-country producer of crude oil...
Bakken Shale – North Dakota/Montana
Mid-cap independent producers Oasis Petroleum and Whiting Petroleum agreed to merge in early March, creating a ‘mini-major’ operator in the Bakken Basin. In a prepared statement, the companies said, "The combined company will have a premier Williston Basin position with top tier assets across approximately...
Unless you’ve already done the smart thing and retired to the wilderness of your choice, you’ve probably heard the news that the European Union struck a deal with the United States to considerably boost its intake of American LNG.
Considerably in this case means an additional 15 billion cubic meters...
The oil and gas industry has faced significant volatility over the past few years, including the unprecedented destruction in demand from Covid-19, the rise in ESG driven investment, and increased geopolitical risk. In addition to formulating a profitable drilling strategy in such an environment, how can North American unconventional...
I have been surprised by the cavalier attitude I’ve seen about the rising price of gasoline and its impact on the average family or community in recent weeks and months, but I’ve been even more surprised by this attitude being parroted out by the media, the so-called cultural “elites,”...
Energy prices have been rising for over a year and in recent weeks, they’ve been skyrocketing both at home and abroad. The causes of this impending energy cost crisis are multitudinous, but they are all rooted in the same problem: command and control energy and fiscal policies put in...
In this issue, we are going to do a miscellany of a few short items relating to the oil and gas industry. First of all, let’s do something we don’t do very often — let’s praise the Texas Legislature for passing SB 13.
SB 13 has two major parts. A...
After more than a month of fighting, Russia’s invasion of Ukraine has devolved into a grinding war of attrition replete with indiscriminate attacks on Ukrainian civilians, cities and infrastructure. The U.S., Canada, Western European allies and others have responded with increasingly severe sanctions that have isolated Russia and decimated...
One of the most important questions you might ask yourself if you are in the oil and gas industry is what energy costs will be in the future. Nobody can say for sure how the energy market will behave, it is impossible to predict such a volatile market. But...
In the following pages, you will find a wealth of information, especially regarding the current state of events in Ukraine and its far-reaching impacts. At SHALE, we strive to provide you, our readers, with insight from our experts and relate the content to the lives of each American.
I would...
