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Tags (3) : Shale oil
Smart production techniques squeeze the last drops out of older oil wells
10/03/2016
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Markets
In a market that has been glutted for the last one year, U.S. shale producers have found ways to maximize and optimize the production of oil wells. The U.S. shale oil industry is going through an interesting phase, older well which should normally gush out their contents before petering out are not...
chocking
,
crude oil
,
flattening production curve
,
fracking
,
lifting
,
LOCc1
,
oil market
,
Shale oil
Brent Crude holds the line at $40 a barrel
08/03/2016
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Markets
Although investors and traders are looking at $50 a barrel, towards the end of 2016, U.S. shale oil producers have warned that they will come back if oil prices hit $40 a barrel. Weak Chinese trading data has yet again caused oil prices to slide with Brent crude, the only exception, still holding...
brent crude
,
crude oil
,
LOCc1
,
oil
,
oil futures
,
oil market
,
Shale oil
Improved efficiency in U.S. shale operations likely to affect OPEC’s oil strategy
01/03/2016
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Management
One thing is for sure, the glut in the oil market will take longer to resolve. For U.S. shale oil producers $40 is going to be the new $70. A couple of months back, shale oil companies in the U.S. had said they found it unprofitable to drill below prices of $60 a barrel. Now however some oil...
crude oversupply
,
oil efficiency
,
OPEC
,
Shale oil
,
shale oil efficiency
,
US crude CLc1
,
US shale oil
