Bakken oil production has already declined in 2015. There is compelling evidence that this decline is going to accelerate significantly in the next couple of months.
If that happens the recovery we have seen in oil prices in recent weeks is also going accelerate.
Being as the market likes the fact...
These Statistics Show A Surprising Oil Hotspot Brewing in America
Guess which American oil play will show the largest increase in production the next two years? That’s right, I said increase.
The Bakken? Permian? Niobrara?
Well, defying all expectations of analysts and investors alike, it’s likely to be the Gulf of Mexico (GOM), with production...
Could US oil production peak...NOW?
Shale oil production in the United States could potentially stop growing as early as...now.
As in March 2015.
The information came out in the EIA’s latest Drilling Productivity Report which was published on March 9, 2015.
The report predicts that US shale production in the month of April will exceed...
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...
