Apache’s new High Alpine discovery on the SW edges of the Permian Basin is one of the three most important inflection points in the North American energy market in the last decade.
(The other two are the rise of the oily Bakken play in North Dakota and the gassy Marcellus...
Surprise! Global Oil Demand Is Surging…..
While most of the oil market coverage has been focused on the glut of supply what has been missed is that an equally big story has emerged on the demand side of the equation.
Global oil demand is surging in response to the drop in...
If you were on the hunt for the next big horizontal oil play in the U.S., where would you be inclined to look?
Texas? That makes sense; Texas is the top oil producing state in the country.
California? That also makes sense, California has been a top oil producing state for...
Editors Note: I've been following Tom McClellan for years. He has an uncanny ability to find intriguing economic relationships--ones you would never expect--through charting. His recent article on oil was so direct, so simple I asked him to share it with you today. I've been a subscriber for a...
There’s a race going on in the oilpatch now to the bitter end—the end of the year.
And it’s not being driven by economics. It’s being driven by the REAL currency in the oilpatch:
Reputation.
The energy market is cyclical and all the veteran producers and bankers of the oilpatch know this.
Each...
As energy prices hit 6 year lows in January 2015, energy producers across North America cut their budgets, and reduced growth expectations—often to zero.
But not one Montney producer.
So far, newly-listed and highly-regarded Seven Generations Energy (VII-TSX) is standing by their 2015 spend of $1.6 billion in the very liquids rich gas...
One of the largest undeveloped shale plays in the world will get its First Big Test next month--June—the Beetaloo Basin in northern Australia.
It’s timely, it’s big, and for shareholders of Falcon Oil and Gas (FO-TSXv), it’s free. CEO Philip O’Quigley (yes he lives in Ireland) has done a novel-worthy...
Energy has been left out of the bull market so far.Yes, oil and oil stocks have recovered from the depths of the crisis, but are still down on the year. The price is firmly above zero now – which is saying something, I guess.But will we ever...