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News Briefs: EIA Predicts Production Decline in Eagle Ford, Bakken, Niobrara Plays
The U.S. Energy Information Administration (EIA) again forecasted oil production to fall in the Eagle Ford, Bakken and Niobrara plays in December. It’ll be the 10th straight month of…
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News Briefs: Rig Count Drops, but Permian Sees Slight Increase
While the number of active oil rigs declined for the 22nd straight week, there is some good news coming from Baker Hughes in its weekly reporting of the rig count from May 8.
The…
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News Briefs: How Will Falling Oil Prices Affect Shale Plays?
As oil prices continue to slip, the effect on U.S. shale producers remains unknown. Analysts say that an impact, if any, is going to be on a play-by-play basis.
Brent, the…
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News Briefs: Permian Basin Shoots Past Water Use Projections
According to a projection from PacWest Consulting Partners in Houston, Texas, oilfield water usage in the Permian Basin could reach 540 million barrels in 2014, which is a revision from…
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News Briefs: Bill Would Allow Export of Natural Gas to Allies
U.S. senators John Hoeven (R-N.D.), John McCain (R-Ariz.) and John Barrasso (R-Wyo.) introduced legislation on July 10 that would allow the U.S. export of natural gas to European…
