More Good News On Long-term Outlook for Oil Prices!

            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...
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Oil Field Standardization? A Pipe Dream or Reality?

            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...
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Ty’s Take

            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...
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By the Numbers

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...
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Exxon and Chevron Expand

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...
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  1040 Hits

Prices Stabilized

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...
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  1033 Hits

Cost Savings May Be Here To Stay

Good News! Production Cost Savings May be here to stay.             One hotly debated topic is whether or not the cost savings achieved by producers during the downturn are here to...
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  960 Hits

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