Tag Archives: Shale

Perspective In The Permian

Posted on January 16, 2019 by macromon

For a bit of perspective, the entire state of California, which recently beat out the United Kingdom as the fifth biggest economy in the world, has around 10 active drilling rigs. The Permian Basin alone has nearly 500. Exxon Mobil … Continue reading →

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COTD: U.S. Shale Breakeven Oil Prices

Posted on July 17, 2017 by macromon

(COTD = Chart of the Day)                   Source:  World Bank-Global Monthly

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Has Opec’s strategy slowed US shale output? – FT

Posted on September 21, 2015 by macromon

The price rout has led the leading energy forecasters to cut expectations for non-Opec crude output and increase their demand estimates for Opec oil. The FT’s Neil Hume and Anjli Raval discuss the outlook for oil production and the price … Continue reading →

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Shale Plays

Posted on August 9, 2014 by macromon

Great article and graphic in Monday’s Investor’s Business Daily about the country’s shale plays and how Texas is becoming a top oil producing region. Oil coaxed from the rapidly developing Eagle Ford and Permian Basin production areas recently lifted the … Continue reading →

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