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

the wobbly crude oil price

Over the past week or so, the world crude oil price has dropped by about 10%–although it is rebounding a bit as I’m writing on Wednesday morning. 240 more words