Tags » Exploration And Production

~$70 a barrel crude (ii)

Two factors are moving the Energy sector higher.  The obvious one is the higher oil price during a normally seasonally weak time.  In addition, though, the market is actively looking for alternatives to IT.  437 more words

Current Market Thoughts

Pressure Pumping Market will reach $314.1 billion by 2024

As per the report “Pressure Pumping Market By Service Type, (Hydraulic fracturing, Cementing), By Well Type, (Horizontal, Vertical), By Resource Type, (Conventional, Unconventional), Estimation & forecast, 2016 – 2024.”  728 more words

Why don't we run out of oil reserves?

Last year, Uncle Sam read in a newspaper article that Oil and Gas reserves will last for 56.33 years. Today, he read that Oil and Gas reserves will last for 61 years. 328 more words

Proven Reserves