This latest SHALE Play gives an update on all oil and gas developments that are taking place in shale plates across America during November and December of 2022.
Bakken Shale – North Dakota/Montana
Oasis Petroleum and Whiting Petroleum have completed their merger to form “Chord Energy Corporation.” The completed merger creates...
Readers may have noticed a big media uproar last week over a pronouncement from the U.N.'s International Energy Agency (IEA) that "Electric vehicles (EVs) are expected to displace 2.5 million bpd of oil demand by 2030."
This was hailed in much of the news media as some sort of huge...
Russian oil minister Alexander Novak warned Tuesday that global oil prices could hit $300 per barrel in the event of an import ban. Novak went onto suggest that Russia could shut down the Nord Stream 1 pipeline, which supplies much of Europe’s natural gas needs, in retaliation for a...
Bakken Shale - North Dakota/Montana Due to ongoing booming production from the nation’s second-largest oil producing basin, Energy Transfer announced it was expanding the capacity in its Dakota Access Pipeline system to 570,000 bpd. The company said it had moved more than 500,000 bpd during the fourth quarter of...
Ryan Zinke, former U.S. Secretary of the Interior, has joined Cressman Tubular of Dallas, TX, in an advisory role. After his tenure as both commander in Navy SEAL Team Six and member of the president’s cabinet, Secretary Zinke looks to make his mark on the U.S. steel industry. In...
Monday's announcement by Qatar that it is leaving OPEC does not spell the end of that organization, or really do it much harm, despite some of the fright pieces coming from the energy-related news media today.
Qatar has not really been a major player within OPEC, a reality that has...
Denver/Julesberg (DJ) Basin - Colorado Production levels of both oil and gas in this key shale basin are also setting records in recent months. Bernadette Johnson, Vice President for Market Intelligence at DrillingInfo told an audience in Littleton, Colorado in June: “Since December, we have seen oil grow by...
As Joe Biden and the world’s elites make plans to hop on their private jets and fly over to Glasgow on Halloween to attend the UN’s COP26 climate summit, Biden’s plans to go green are falling apart. Oil prices are through the roof, gas prices are through the roof,...
After a brief respite during the peak of summer driving season, gasoline prices are about to go up again thanks to the rising price for crude oil.
Fallout from the Russia/Ukraine crisis is dropping like so many bombs on big oil companies that had entered into various deals with Russian oil companies since the fall of the Soviet Union 1990. That fallout promises to create collateral damage of its own in the weeks and months to...
