U.S. Crude Hits a Record While Key Export Data Goes Dark
U.S. oil production hit another record in September, but the bigger story in this month’s Petroleum Supply Monthly…
bp sells minority stakes in US midstream assets for $1.5 billion
– Transaction will be completed in two phases, with about $1 billion paid upfront and…
Oil Executives Forecast 2026 Price Dip Amid Permian Basin Production Surge
Oil executives are predicting a decline in prices by 2026, driven primarily by a surge in production from…
Permian Quality Wrinkle Could Disrupt Oil Flows
Plains All American Pipeline is grappling with a crude quality scare on its Permian-to-Corpus Christi system, raising questions…
American Oil Majors Expand as Smaller Producers Retreat Amid Price Pressures
Previously, we reported that U.S. oil production has maintained its upward trajectory in the current year even as…
Shale Oil Pessimism Could Be Overdone
The press is now full of articles about the p Watford City, North Dakota, Oil production in the…
Saudi, Argentina, and China Push to Tap Giant Shale Reserves
Over the past decade, the United States has become the world’s biggest crude oil producer and the top…
The Permian’s Dirty Secret Is Bubbling Over
The Permian Basin produces over 5 million barrels of oil daily. With that, the Permian also produces a…
Enterprise sees resilience in Permian despite drop in oil prices
(Bloomberg) – Enterprise Products Partners LP, one of the largest pipeline operators in the Permian basin, sees oil…
U.S. Majors Cash In as Permian Dominance Widens the Oil Gap
Upstream oil and gas—industry-speak for the exploration and production end of the business—has always been a game of…
Negative Prices, Rising Flaring Signal Pipeline Gridlock in Permian
Previously, we reported that natural gas at the Waha hub was selling for near-zero or sub-zero prices for…
EIA Calls Peak Shale as Drilling Activity Declines
Peak shale may already be behind us. U.S. crude oil production is now forecast to slip from a…