Shale

Capital for closely held drillers shrinking, Wil VanLoh warns Oilfield services providers have signaled smaller market Energy transition technologies receiving double the investment compared to oil and gas is becoming a major problem for the shale sector and for global supply-demand balances, said Quantum Capital Group Chief Executive Officer Wil VanLoh who manages $25 billion. Public shale …

Lacking Shale Investment a Huge Obstacle, Major Investor Says Read More »

Bloomberg US oil prices are more than high enough to make drilling new wells profitable but some shale bosses say they’re hesitant because of political and regulatory “uncertainty” that won’t be settled until the November election, according to the Federal Reserve Bank of Dallas. “Until the next administration is decided, we’re in a state of flux when …

Shale CEOs Bemoan U.S. Political ‘Uncertainty,’ Read More »

U.S. oil output from top shale-producing regions will rise in April to the highest level in four months, the U.S. Energy Information Administration (EIA) said in its monthly Drilling Productivity Report on Monday. Production from the top basins will climb by more than 9,000 barrels per day (bpd) to 9.77 million bpd, the strongest output …

U.S. Oil Output From Top Shale Regions to Rise in April, EIA Says Read More »

U.S. producers blew through forecasts last year, adding the equivalent of another Venezuela to global supplies. As reliably as warm weather returns to West Texas in late February, US shale executives are out on the road this earnings season pledging they’ll keep production growth modest during the next 12 months. The past 12 months offer reason for …

Shale Executives Pledge Not to Grow (Too Much) Read More »