The impact that the number of drilled but not yet completed wells in the U.S. onshore may have on domestic production as prices rebound is going to be big, but just how big is a bit of a mystery, Raymond James & Associates Inc. analysts said Monday.
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U.S. Oil Takes A Licking; Production Keeps on Ticking
A plethora of prognosticators is suggesting that the current oil price downturn may stymie U.S. output growth for years, but onshore production is proving even more resilient than the models, Raymond James & Associates Inc. analysts said Monday.
‘Cutthroat’ Times in Oil/Gas Patch as Rig Count Decline Slows
The pace of decline in the U.S. rig count has been slowing, and the latest figures from the Baker Hughes Inc. rig count support this. There has been plenty of pain in the U.S. onshore, and there’s more to come, according to analysts at Raymond James & Associates Inc.
‘Cutthroat’ Times in Oil/Gas Patch as Rig Count Decline Slows
The pace of decline in the U.S. rig count has been slowing, and the latest figures from the Baker Hughes Inc. rig count support this. There has been plenty of pain in the U.S. onshore, and there's more to come, according to analysts at Raymond James & Associates Inc.
Canyon Signs Midstream Agreements With Apache, XTO in Permian
Canyon Midstream Partners LLC has signed separate gathering and processing agreements with Apache Corp. and XTO Energy Inc. for midstream services on its James Lake system in the Permian Basin, the company said Thursday.
Natural Gas Price Forecasts Revised Higher
The below-normal temperatures and deep freeze across the country led two analysts on Monday to revise upward their forecasts for U.S. natural gas prices in the first quarter.
Collapse in Natural Gas Drilling No Threat to Marcellus
The rig count may be half of what it was a year ago, but Northeast dry gas output just keeps getting stronger, say analysts.
U.S. Net Oil Independence Possible by 2020, Says Raymond James
The United States is on track to become net oil independent by 2020, if production continues on its current path in the Permian and Williston basins, and in the Eagle Ford, Raymond James & Associates Inc. analysts said Monday.
Raymond James Devises Substitute for Rig Count
The move to horizontal drilling and longer laterals has made the domestic land rig count not so simple anymore, leading Raymond James & Associates Inc. last week to launch well and footage count forecasts.
Raymond James Devises Substitute for Rig Count
The move to horizontal drilling and longer laterals has made the domestic land rig count not so simple anymore, leading Raymond James & Associates Inc. on Monday to launch well and footage count forecasts.