Research Central

On the Nature and Character of the Widespread Oil Production Shortfalls Reported by the Wall Street Journal

On the Nature and Character of the Widespread Oil Production Shortfalls Reported by the Wall Street Journal

By Scott Lapierre, Petrophysicist/Reservoir Characterization Director/founder Shale Specialists LLC –Edited for Oil and Gas 360 Introduction On January 2, 2019, the Wall Street Journal (WSJ) published Fracking’s Secret Problem—Oil Wells Aren’t Producing as Much as Forecast[1] ; the first in a series of articles[2,3,4] critical of the Great American Oil Shale Revolution. The authors employed a third-party energy consulting firm to re-forecast “16,000 wells operated by 29 of the biggest producers in oil basins in Texas and North Dakota”, and then compared the updated forecasts to original corporate projections originally published to justify drilling campaigns and lure in investors. The WSJ authors claim that “two-thirds of projections made by the fracking companies between 2014 and 2017 in America’s four hottest drilling regions appear to have been overly optimistic”[1]. The authors further singled out Pioneer Natural Resources (PXD) and Parsley Energy (PE) as the WSJ’s newly generated projections pointed to 25%[Read More…]

Can You Make Money With Penny Stocks? 4 To Know This Week

Can You Make Money With Penny Stocks? 4 To Know This Week

Can You Make Money With Penny Stocks? 4 To Know This Week

January 6, 2020 - 5:17 pm Press Releases, Research Central
Best Penny Stocks To Watch Right Now? 1 Up 250% Already This Year

Best Penny Stocks To Watch Right Now? 1 Up 250% Already This Year

Best Penny Stocks To Watch Right Now? 1 Up 250% Already This Year

January 3, 2020 - 10:18 am Commodity Pricing, Press Releases, Research Central

Johnson Rice & Company’s Daily Note – 11.7.2018

November 20, 2018 - 2:24 pm Research Central