Items Tagged with 'output'

ARTICLES

2Q Results Looming as E&Ps Search For Bottom

A backlog of drilled but uncompleted wells, a lack of manpower, cannibalized oilfield equipment and persistently stagnant commodity prices are expected to weigh on second quarter results for the oil and gas industry as investors await word of a recovery. Read More

Shale Natural Gas to Account for 20% Share of Total Global Gas Output by 2035, Says BP

Shale natural gas, ramrodded by U.S. producers, should amount to about 75% of domestic gas output and nearly 20% of total global gas production by 2035, compared to 10% of global share in 2014, a stronger forecast than BP plc's economics team previously projected. And it could get even better, chief economist Spencer Dale said Wednesday. Read More