As of January 2016, an estimated $380 billion of projects in our industry have been cancelled since 2014, according to analysts at Wood MacKenize. An estimated 68 projects were scraped...

            This week we had three good reports on the long-term outlook for oil prices. EIA Issues New Market Outlook On Tuesday, the EIA issued its Monthly report. Important notes include...

            For a long time, many people have discussed and debated the issue of oilfield part standardization as a method of overall cost reduction for drilling. So much, in fact, that...

            This week is primarily about the demand side of the equation, coupled with some production concerns. Brexit continues to weigh on investors’ minds as concerns over a global economic slow...

Each week, we strive to provide you a bare bones summary of what happened to the price of WTI, Natural Gas, and Brent Crude. In addition, we summarize the major reports...