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Crude production surges by highest volume in 100 years - Eagle Ford Fix

U.S. crude oil production surged last year by the largest volume in more than 100 years.

American producers pumped an additional 1.2 million barrels per day of crude oil and condensate in 2014 compared with the year before, reaching 8.7 million daily barrels, according to the U.S. 179 more words

Eagle Ford

EIA report, shale output growth coming to a standstill

According to the US Energy Information Administration’s (EIA) latest Drilling Productivity Report (DPR) published Monday, US shale oil production is projected to see a net gain of only 1,000 barrels per day (bpd). 426 more words

Gate Talk

“It would be a terrible mistake to go through life thinking that people are the sum total of what you see.” – “This is where I leave you” – by Jonathan Tropper… 188 more words

Gate Guarding

Oil Field Blues

“If we ever stopped to think about the infinite number of ways we could be undone, we’d never leave our bedrooms.” – “This is where I leave you” – by Jonathan Tropper… 200 more words

Gate Guarding

Analysts Infer Pioneer Production Down in Eagle Ford, Capex Cuts Looming | 2015-01-20 | Natural Gas Intelligence

Although it will be another three weeks before Pioneer Natural Resources Co. holds its fourth quarter earnings conference call and announces a capital budget for 2015, analysts are already reading the tea leaves from a company executive and its joint venture (JV) partner in the Eagle Ford Shale over how both 4Q2014 and 2015 will shake out. 55 more words

Eagle Ford

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

Even with lower oil prices, Texas will add more jobs in 2015

Federal Reserve Bank of Dallas Senior Economist and Research Officer, Keith Phillips, projects Texas should add 235,000 to 295,000 new jobs in 2015.

The growth represents about a 2 to 2.5 percent increase in jobs, but lower than 2014 employment growth at about 3.6 percent. 249 more words