One question everyone is asking is “So, how high does the price of oil have to be before we see recovery?” Well, I don’t know. If I knew that, I would...

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...

On Oil Prices            This week marks yet another wild ride as prices fluctuated dramatically. Concerns on the demand side, and the possibility of a U.S. recession and a global slow down,...

            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...

Recent Investment May Indicate Oil Company Confidence in REcovery             On July 5, 2016, Exxon and Chevron, along with their other partners, announced plans to expand the Tengiz oil field in...

Executives and Key Officials Agree Oil Prices Have Stabilized.             A recent wave of comments by oilfield services executives and high ranking officials seem to point to stabilization and a beginning...