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...

Many of the leading Canadian natgas/condensate producers have exciting (bullish) short term stock charts—just at a time when one fundamental natgas chart looks ominously bearish.  The Big Play for natgas in Canada is the liquids-rich Montney formation on the BC-Alberta border. It is the Eagle Ford of Canada, with very...

Canadian natural gas producers could get a 45-50% reduction in pipeline fees to move gas to central Canada from TransCanada (TRP-NYSE/TSX) on their Mainline pipeline, under a new tolling arrangement they will put to Canada's National Energy Board. If this goes ahead, it would have a huge (positive!) impact on western Canada's...

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...

Junior oil and gas company Crown Point Ventures Ltd. (CWV:TSXV) recently announced its plans to drill between 10 and 24 wells in San Jorge Basin in the next 24 months and two to four wells in the Neuquén Basin.

The Bank of New York Mellon Corp. recently told its clients that certain large depositors will be charged a new fee.

A recent ruling on the Marcellus shale could bring the legality of thousands of oil leases into question.

Recently released Q3 results indicate that Canadian natural gas producer Progress Energy Resources (PRQ:TSX) generated cash flow per share (CFPS) of C$0.22 and produced an average of 42,937 barrels of oil equivalent per day.