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Best 2014 energy graphs from Carpe Diem

(Photo by James Ulvog)

Carpe Diem has been running a recap of the best-of graphs from 2014. Last week the focus was energy:  My Top Ten Energy Charts of the Year For 2014. 252 more words

Energy

Matador Cuts Budget, Scales Back Eagle Ford Drilling - Investors.com

Matador Resources (NYSE:MTDR) said Tuesday it will scale back its drilling program in the Eagle Ford shale formation and has pushed back its analyst day to give itself more time to evaluate the impact of low oil and gas prices.The Dallas-based exploration and production company said it is operating five drilling rigs, two in the Eagle Ford play and three in the Permian Basin.But it plans to trim operations to just three rigs in the Permian due to lower oil prices. 58 more words

Eagle Ford

ConocoPhillips cuts capital budget amid lower oil prices - Houston Business Journal

Amid falling oil prices, ConocoPhillips (NYSE: COP) said Dec. 8 its capital budget for 2015 is $13.5 billion, down about 20 percent from its 2014 budget of $16.7 billion.The Houston-based company said the decrease reflects reduced spending on major projects, several of which are nearing completion, and deferred spending on North American unconventional plays. 26 more words

Eagle Ford

Sub-$50 Oil Surfaces in North Dakota Amid Regional Discounts - Bloomberg

Oil market analysts are debating if oil will fall to $50. In North Dakota, prices are already there.Crude sold at the wellhead in the Bakken shale region in North Dakota fell to $49.69 a barrel on Nov. 116 more words

Eagle Ford

2 Of America's Important Shale Basins Are Now In The Red - Business Insider / Walter Kurtz

Although OPEC’s decision to maintain current crude production quotas was not entirely unexpected see post, the market reaction was violent. WTI crude fell by 10% over the last two days of the week.At $66 per barrel North American producers have real problems on their hands. 26 more words

Eagle Ford