Saturday, November 1, 2025

Shale Revolution Slowing Some, but Still Breaking Records: EIA

2018 oil growth of 1.58 MMBOPD is all-time high The shale revolution will propel U.S. energy to unprecedented heights in the next two years, according to the EIA’s most recent Short-Term Energy Outlook (STEO). This month’s STEO is the first to include forecasts for 2020, giving the EIA’s view on U.S. oil and gas prospects over the next two years.

Bellatrix Plans Stable Production in 2019

CapEx funded by operating cash flow Bellatrix Exploration (stock ticker: BXE) announced fourth quarter production and 2019 plans, offering an example of how a micro-cap producer deals with the current oil and gas environment in Alberta. Bellatrix produced about 35.1 MBOEPD in Q4, giving the company an overall 2018 output of 35.6 MBOEPD. This surpasses expectations, as the company’s 2018

The Merger That Made the Largest Gas Producer in The U.S. Is Failing

From The Wall Street Journal When EQT Corp.  agreed to buy Rice Energy Inc. for $6.7 billion a little over a year ago to create the country’s largest natural-gas producer, it promised that the combined company would be able to make more by spending less. Those promises have so far fallen flat, and what many cheered as one of the first deals

Moving Oil by Rail - Oil & Gas 360

Canada’s Oil Cuts Offer Lifeline to Producers but Create New Problems

From Reuters The Canadian province of Alberta’s OPEC-style decision to force production cuts is benefiting oil companies with higher prices, but it is also pushing capital elsewhere and threatens to undermine booming crude-by-rail shipments. After Alberta cut 325,000 barrels per day (bpd) starting this month, the discount on Canadian heavy oil compared to benchmark U.S. crude oil shrank to less