Is the energy sector under-reporting oil demand? Some recent research suggests that's possible—potentially by a lot—as in 1.2 million barrels of oil per day (bopd).
For oil bulls, that's not enough right now to sway oil prices. But it could mean the market is tighter than everyone thinks.
And that wouldn’t...
There is a multi-billion dollar problem in the oil patch just looking for a solution—get oil to flow better along the horizontal leg of a well.
A small Canadian company called Raise Production Inc. (RPC-TSXv; GLKFF-PINK) thinks it may have the answer.
They have developed a way to place many small...
Zeke Zeringue is a man with a plan. But the new CEO of Calgary based GasFrac (GFS-TSX) says shareholders need to understand it’s a long-term plan.
Zeringue took over as CEO of GasFrac in October 2011, 14 months after it went public on the Toronto Stock Exchange.
GasFrac is unique in...
by +Keith Schaefer
There’s always a bull market in energy—you just have to know which sub-sector to buy.
So where do my subscribers and I make money right now? You might be surprised by the answer...but first some context...
In Q3 2103, oil producers in North America were the place to be, as...
So much thought and energy is put into getting oil and gas out of the ground, that it can be easy for a lay person to forget about the infrastructure needed to transport these resources to places where they can be sold.
It’s clear from comments on Q2 conference calls in the last week that North American producers ARE getting more efficient—lowering costs—in producing tight oil, or shale oil. And they don’t think they’ve hit their limits yet.
The high tech reason for these improvements? Simple sand. It is stunning to me...
US energy stocks outperformed Canadian ones last year—but in the last few months, E&P equities in the Great White North have soared. Why? The low Canadian dollar has a lot to do with it, adding an extra 6-10% to the Canadian oil price—which of course is ALL profit.
The second...
The rapid increase in horizontal drilling and the shale revolution in the energy sector is re-defining the need and demand for North American energy services companies.
This has created a work backlog that has the entire industry – drillers, fracking companies, fluid specialists, water services - stretched to the limit,...
