Tuesday, May 5, 2026

Oil Jumps as Surprise U.S. Supply Drop Dispels Shale Boom Fears

From Bloomberg Oil surged to the highest in two weeks as American supplies unexpectedly shrank and exports surged, dispelling fears that a new shale boom will leave the country awash in crude. Futures advanced 1.8 percent in New York after a government report showed U.S. crude stockpiles slid 1.62 million barrels last week, the largest draw in five weeks. That

RS Energy Hardcore-No More Guessing

Type curves are not the only important metric in oil and gas evaluation EnerCom Dallas Attendees heard RS Energy’s Oma Wilkie describe the company’s views on the oil and gas industry, based on RS Energy’s Hardcore reports. According to RS Energy, one mistake often observed in the industry is an overfocus on type curves. While the productivity of each well

Weekly Gas Storage: Draws Continue

The EIA released its weekly Natural Gas Storage Report today, outlining how national natural gas stocks have changed in the last week. In total, the EIA reports natural gas stocks fell by 124 Bcf last week, dropping from 1,884 Bcf to 1,760 Bcf. This is 25.7% below the 2,369 Bcf that was in storage at this point last year, and