EFRACS
Modules
Free
Press
News
TPO
Subscriptions
Login

Press

Oil and fuel shipments through the Strait of Hormuz have been suspended.

Read

Oil breaks out

Read

US Oil Drilling Activity Slows as Oil Prices Jump

Read

US Oil and Gas Industry Faces Challenges Amid Record Production

Read

Fracking Companies Turn to Global Buyers for Idle Equipment

Read

Slowing U.S. shale growth has fracking companies finding new markets abroad

Read

Slowing USA Shale Growth Has Fracking Companies Finding New Markets

Read

Slowing US Shale Growth Has Fracking Companies Finding New Markets Abroad

Read

US Oil Drilling Activity Still Going Nowhere

Read

U.S. Rig Count Holds Steady as Oil Drilling Slips and Gas Activity Climbs

Read

US Oil Drillers Add Rigs Even in Price Uncertainty

Read

US Oil Drilling Continues to Flounder

Read

All Press Releases

US Oil Rig Count Sees Largest Single Week Drop In 16 Months

The total number of total active drilling rigs in the United States fell by 4 this week, according to new data from Baker Hughes published on Friday.

Read

U.S. Oil Rig Count Sees Largest Single Week Drop In 16 Months

The total number of total active drilling rigs in the United States fell by 4 this week, according to new data from Baker Hughes published on Friday.

Read

U.S. Oil, Gas Rig Count Sees Small Gains As Crude Inches Higher

The total number of total active drilling rigs in the United States rose by 3 this week, according to new data from Baker Hughes published on Friday.

Read

U.S. Oil, Gas Rig Activity Dips In First Count Of New Year

The total number of total active drilling rigs in the United States fell by 7 this week, according to new data from Baker Hughes published on Friday.

Read

Grim global outlook to weigh on oil prices

A survey of 30 economists and analysts forecast Brent crude would average $89.37 a barrel in 2023, about 4.6 per cent lower than the $93.65 consensus in a November survey

Read

U.S. Oil Rig Count Slips Along With Crude Prices

The number of total active drilling rigs in the United States slipped again this week, according to new data from Baker Hughes published on Friday.

Read

U.S. Oil Rig Count Slips Along With Crude Prices

The number of total active drilling rigs in the United States slipped again this week, according to new data from Baker Hughes published on Friday.

Read

U.S. Oil And Gas Rig Count Falls Slightly

The number of total active drilling rigs in the United States slipped this week, according to new data from Baker Hughes published on Friday.

Read

U.S. Oil, Gas Drilling Activity Goes Nowhere

The number of total active drilling rigs in the United States stayed the same this week, according to new data from Baker Hughes published on Friday.

Read

U.S. Oil, Gas Drilling Activity Goes Nowhere

The number of total active drilling rigs in the United States stayed the same this week, according to new data from Baker Hughes published on Friday.

Read

U.S. Rig Count Sees Small Increase In Thanksgiving Week

The number of total active drilling rigs in the United States rose by 2 this week, according to new data from Baker Hughes published on Wednesday instead of Friday this week due to the Thanksgiving holiday.

Read

Why Demand Destruction Is More Worrying Than A Supply Crunch In Oil Markets

It seems that the global economy has been in a continuous state of flux this year. The headlines are repetitive to the point of being preposterous.

Read

U.S. Rig Count Sees Highest Weekly Gain Since July

The number of total active drilling rigs in the United States rose by 9 this week, according to new data from Baker Hughes published on Friday. It is the largest single-week increase since the end of July.

Read

Can Refracs Boost U.S. Shale Output?

A global oil shortage and high fuel prices has triggered calls from President Joe Biden’s administration for U.S. shale producers

Read

Can Refracs Boost U.S. Shale Output?

A global oil shortage and high fuel prices has triggered calls from President Joe Biden’s administration for U.S. shale producers to spend more of their profits to boost output.

Read

U.S. Rig Count Still 305 Below Pre-Pandemic Levels

The number of total active drilling rigs in the United States rose by 2 this week, according to new data from Baker Hughes published on Friday.

Read

Shale Refracs: Next Big Thing, or a Piece of the Big Puzzle?

Recent studies have reignited the question of whether US oil and gas companies are ignoring the opportunity to refracture large swaths of maturing assets.

Read

With frac crews and equipment tight, is smooth sailing still an option for upstream oil in 2023?

The pace of drilling and well completions activity in US oil and gas fields has slowed in late 2022 from the ramp up seen earlier in the year as premium equipment and crews to run it have become increasingly tight.

Read

Baker Hughes Shows Weak U.S. Drilling Activity

The number of total active drilling rigs in the United States fell 3 this week, according to new data from Baker Hughes published on Friday.

Read

Baker Hughes Shows Weak U.S. Drilling Activity

The number of total active drilling rigs in the United States fell 3 this week, according to new data from Baker Hughes published on Friday.

Read

Red Queen effect slows shale growth

Repeated downward revisions to EIA forecasts of US oil production have halved the expected rate of growth in the shale patch since the middle of this year.

Read

U.S. oil service firms' results to show impact of demand, inflation

Oct 18 (Reuters) - Oilfield service firms are poised to deliver the strongest third quarter results in years as demand for equipment and services has risen despite supply chain snags and higher costs from inflation, according to analyst forecasts.

Read

US' reaction to oil cuts 'overblown'

Following the strategic decision of OPEC+ to curb oil production from November to ensure market stability, the reaction from politicians in the United States seems to be blown out of proportion, analysts observed.

Read