Energy accounted for $25 billion, or about 8% of the value of all U.S. exports to Canada in 2018, led in large part by crude oil and natural gas, according to data compiled by the Energy Information Administration (EIA).
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Articles from U.S.
BHI’s Domestic Rig Count Drops Amid Both Oil, NatGas Oil Declines
The U.S. rig count fell by five units for the week ended Friday thanks to a drop in both oil and natural gas activity, including declines in the Haynesville and Eagle Ford shales and in the Williston Basin, according to data from Baker Hughes Inc.
June 29, 2018
Chevron Saddles Up for More Permian Spending in 2018, Even as Total Capex Reduced
Chevron Corp. is ramping up its capital spending in the Permian Basin next year, while total global expenditures are set to decline for the fifth year in a row.
December 7, 2017
U.S. Rig Count ‘Inflection Point’ Possible as Permits Near Pre-Downturn Levels, Says Evercore
The domestic rig count could be nearing an inflection point as the current tally of weekly average drilling permits approaches 2014 levels, driven by higher commodity prices and “a strengthening macro outlook” for the industry, according to analysts with Evercore ISI.
October 12, 2017
Seven U.S. Oil Rigs Pack Up Shop; Texas, Louisiana Lead Declines Among States
A pullback in oil-directed drilling fueled an eight-rig decline in the U.S. rig count for the week ended Friday, according to data released by Baker Hughes Inc. (BHI).
September 15, 2017
U.S. Land Permits Already Surpassing 2016 Totals, Led by West Texas Permian Gains
U.S. land permitting year-to-date has surpassed the full-year total for 2016, led by nearly irrepressible gains in the Permian Basin of West Texas, according to an analysis.
September 12, 2017
U.S. LNG Export Trade Jumps 1,000% in 1Q, While Canadian NatGas Imports Increase 9%
Natural gas sales heated up across North America in the first three months of the year, raising volumes and prices of flows between Canada, the United States and Mexico, according to the U.S. Department of Energy (DOE).
August 11, 2017
U.S. Onshore Drilling Declines Focused in Texas; Rig Counts Steady Elsewhere
Driven by a sharp drop in natural gas drilling, five U.S. rigs packed up for the week ended Friday (Aug. 11), according to data released Friday by Baker Hughes Inc. (BHI).
August 11, 2017
Sub-$3 Prices Leave A Mark; U.S. NatGas Rigs Down 8
Driven by a sharp drop in natural gas drilling, five U.S. rigs packed up for the week ended Friday (Aug. 11), according to data released Friday by Baker Hughes Inc. (BHI).
August 11, 2017
Canada NatGas Suppliers in ‘Survival Mode’ as Lower 48 Shale Competes for Profits
Canadian natural gas producers will cut but not eliminate financial losses until late 2018 as stiff competition continues from U.S. unconventional supply sources, a private Ottawa-based business research agency predicted Monday.
March 22, 2017
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