By Bill Powers Natural gas production in Texas in Q1 2015 declined 1.5 billion cubic feet per day (bcf/d), results from the Texas Railroad Commission (RRC) show.   That’s a 5.5% decline on the 22 bcf/d Texas produces—a full one third of all natural gas production in the USA. Conservatively, I expect...
The small cap market is on the move—finally.  Green shoots are everywhere—junior public companies are now being rewarded for achievements/milestones/improvements in their business. Since the peak in interest rates in late October, small caps have been on a fairy-tale run, with a rising tide lifting all boats.  But those companies...
v:* {behavior:url(#default#VML);} o:* {behavior:url(#default#VML);} w:* {behavior:url(#default#VML);} .shape {behavior:url(#default#VML);} Normal 0 false false false EN-CA X-NONE X-NONE ...
One of the (most profitable) things I do for subscribers is stay on top of all the new shale plays popping up all over the world. While shale oil and gas are widespread in North America, the global shale revolution is just starting — but is sure to continue for...
Can the Bakken produce one million barrels a day of oil? If so, it would join an elite group of oil fields able to produce at that rate. Only six other fields, including Saudi Arabia's famed Ghawar field, have ever topped 1 million barrels per day--they are Burgan (Kuwait), Cantarell...
  By Bill Powers Which natural gas producers will make it through this winter of low prices?  I’ll tell you one that I think will survive….but first I’ll tell you one today that probably will not. Natural gas prices on the NYMEX dipped below $2/mmBTU in December 2015 for just the second...
What’s the most important factor for the oil price in 2018? Would you believe me if I told you it was the US natural gas price? As a minimum, the US natural gas price is one of, if not the most under-appreciated factor in the price of WTI—for one simple reason: There...
In Part 1 of our story on Turkey, contributing editor Jen Alic reviewed the country's intriguing onshore and offshore oil potential. Today in Part 2, we'll look at where the Big Prize lies:  the Dadas Shale—a huge unconventional shale play—and which Canadian-listed junior producers may be best positioned in this emerging...