Sentences with phrase «u.s. shale plays»

Refineries in Texas are seeing a much - needed boost as pipelines begin to carry landlocked crude oil from U.S. shale plays to the Gulf Coast.

According to UBS, oil at US$ 45 «slows most U.S. shale plays,» and the Bakken, the Eagle Ford, and the Niobrara struggle below US$ 45.

A sale of Apache Canada would mark the Houston - based company's exit from the country, the latest international oil firm to sell Canadian operations in favor of concentrating on U.S. shale plays.

Then, higher oil prices could also spur more production from areas outside the hottest U.S. shale play.

Not exact matches

The U.S. can produce as much shale oil as it wants, but its Gulf Coast refineries are geared toward heavier kinds of crude that can easily process oil sand bitumen but aren't geared toward the lighter crude coming out of, say North Dakota's Bakken play.

«This year, however, (OPEC's) production curbs will increasingly have to make do with playing second fiddle to a Texas - sized wave of U.S. shale growth,» Stephen Brennock, oil analyst at PVM Oil Associates, said in a research note Wednesday.

To be sure, U.S. shale oil producers have played the part of the spoiler this year.

When asked if he was worried about U.S. shale producers ramping production and eclipsing the recent international cuts, Novak said, «Undoubtedly the joint action by many countries to achieve the balance and to reduce the output are aimed at giving stability to the market and as a result we see a great level of investment, lower volatility, prices stabilizing at a certain level, which does play out to move investment going into shale production so one needs to assess the overall supply and demand balance.»

It's no secret that you've only got three shale oil plays in the U.S. of any consequence,» Papa said.

Money's shifting toward U.S. shale oil plays, as well as a formation that straddles the Alberta-B.C.

The resurgence of U.S. shale production has played a leading role in delaying the market rebalancing.

The world's hottest shale play right now, the Permian, is boosting its oil production and contributing the most to the U.S. crude output growth.

One of those countries is Saudi Arabia, the country that has played an outsized role in collapsing the price of oil and putting many U.S. shale producers in financial jeopardy.

According to management, it can upgrade the facility to produce 1.6 million tons with modest capital investments and will play a critical role in expanding U.S. Silica's sales in the Haynesville and Marcellus / Utica shales.

Increased water use in the rapidly growing oil industry in North Dakota's Bakken oil shale region, or play, is surprisingly due not only to oil well development but also to people, according to a recent study by the U.S. Department of Energy's (DOE) Argonne National Laboratory.

U.S. oil producers, especially in shale plays across the region, are likely crossing their fingers t...

The U.S. Energy Information Administration (EIA) reports that the two plays provided 85 percent of U.S. shale gas production growth since the start of 2012, reflecting the blossoming production from shale and other tight - rock formations through safe fracking.

From the article: There is a lot of talk these days of the U.S. becoming energy independent because of the new horizontal drilling and fracking techniques, which have opened up the vast shale plays across the country.

The U.S. Energy Information Agency (EIA) reports that over 1,300 trillion cubic feet of technically recoverable shale and tight natural gas and 89 billion barrels 9 of technically recoverable shale oil resources currently exist in discovered shale and tight sandstone plays.