Sentences with phrase «oil play in»

North Dakota had the second - largest increase, 362 million barrels, representing 11 percent of the nation's net increase in 2014, mostly from the Bakken tight oil play in the Williston Basin.

The Bakken / Three Forks play in the Williston Basin retained its rank as the largest tight oil play in the United States in 2014, followed by the Eagle Ford.

Development activities focused on liquids - rich opportunities in the onshore U.S., primarily in the Permian Basin of West Texas and New Mexico, the Bakken oil play in North Dakota and Montana, and the Woodford and Caney Shales in the Ardmore and Marietta basins of Oklahoma.

What role does oil play in the recipe.

A supply curve is an ordered list of all the oil production opportunities globally, sorted by the cost of extraction or, probably better for this example, the potential free - on - board price at a global trading hub — take every oil play in the world and ask what it would cost delivered to the US Gulf Coast as a starting point.

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

Oil production from tight oil plays in the U.S. Source: Drilling Info and Labyrinth Consulting Services, Inc..

Oil plays in North Dakota, Texas, and elsewhere around the country may have reversed declining US production, but much of that oil is also ending up on rail cars bound for coastal refineries.

The Wattenberg Field is one of the top rate - of - return horizontal oil plays in the U.S. Onshore.

Not exact matches

Instead of hedging away from gas, as TransCanada and many other companies appear to be doing, it's a bet that gas will play a much bigger role in our energy future, probably at the expense of oil.

In the first decade of the century, the large integrated oil companies traded at an average discount of between 11 % and 12 % compared to their pure - play competitors, according to a study conducted at the time by Citi Investment Research and Analysis.

She may not even be quite sure yet herself, and may choose to wait on oil prices, the Paris climate summit in December and the Saudi mood to help dictate her play.

Nonetheless, these workarounds by the oil companies played a critical role in the recent conflagration, both in safely evacuating Fort McMurray residents and in enabling producers to quickly ramp up again.

The upshot: For now investors should avoid pure - play downstream companies like Marathon Petroleum (mpc), which has focused on refining, retail gas sales, and transport since being spun off from Marathon Oil (mro) in 2011.

We know about the oil, but what else is in play strategically?

This has played out satisfactorily in the procession from wood to whale oil to coal to oil and natural gas, but the concept that no real substitute is available runs counter to capitalist ideals.

Geopolitical concerns: Considerable geopolitics always plays a role in oil pricing, especially when they involve conflicts — like those in the Gulf Region, where roughly 60 percent of global oil is produced.

America might be on its way to become a net oil exporter, but there's no reason why this should get in the way of building pipelines that connect different types of oil plays to the refiners best equipped to turn their crude into the petroleum products that feed North America's economy and the world's.

«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 Wednesdoil analyst at PVM Oil Associates, said in a research note WednesdOil Associates, said in a research note Wednesday.

He had been anticipating a drop in oil prices, for example, but rather than play oil producers (which Canadian investors already hold a lot of), he decided to focus on the energy transportation sector.

«Last year, we successfully completed the transformation of our extensive Spraberry / Wolfcamp acreage position in the Permian Basin of West Texas from a vertical oil play into a horizontal oil play with a drilling inventory that will last decades,» chairman and CEO Scott D. Sheffield said in the company's 2014 annual report.

Again, oil played a role here, having dropped more than $ 40 per barrel in less than six months in early 2008.

The marriage of ASX listed Azonto Petroleum to the unlisted Calima Energy is essentially a story of money meets management experience with the marriage consummated at one of the best addresses in town, the Montney oil and gas play in Canada.

CNBC's Jackie DeAngelis reports on the role energy played in pushing the Dow to record levels, and what's next for big oil.

In what looks to be an astute corporate play that will effectively double the company's size, Calima Energy has lined up friendly takeovers of both of its joint venture partners in the Montney oil and gas Basin in CanadIn what looks to be an astute corporate play that will effectively double the company's size, Calima Energy has lined up friendly takeovers of both of its joint venture partners in the Montney oil and gas Basin in Canadin the Montney oil and gas Basin in Canadin Canada.

At least half of the June rebound is explained by the oil rebound, though the Pan Am Games in Toronto played a positive role as well.

«China does have to play the game in technology to an extent because they still import more silicon semiconductors than oil and it will take years until they can be fully self - sufficient on semiconductors.»

His rivals play off it on the campaign trail, with the NDP's Thomas Mulcair bemoaning billions in subsidies to the fossil fuel sector and Liberal Leader Justin Trudeau saying Harper «bet everything on the price of oil.»

«It's really just calling out to the company, saying it has an important role to play in lowering our dependence on oil and appealing to the brand's fans and consumers to ask them to be the company we want them to be.»

As they put more money in the smaller, pure - play companies that focused on one industry vertical, Big Oil began to trade at a discount.

It seems like the market revalued Marathon to trade in line with its peers and then credited it an additional 10 % in value to make up for the average discount between integrated oil companies and pure - play companies.

With these issues playing out in real time, the respondents to our second annual Oil & Gas Industry Survey present a mixed outlook for 2018.

Yes, OPEC and Russia are cutting back on their production, but U.S. producers more and more are playing a greater role in the world economy when it comes to oil production.

By keeping prices below the marginal cost of unconventional production (about $ 75 per barrel), OPEC hopes that expensive oil production will decline along with the fortunes of the companies engaged in these plays.

By its actions, the central bank shows it clearly understands the pressing role a devalued loonie will have to play in boosting non-energy exports, as contributions from the oil economy continue to fade in the coming years.

This means that new oil supply can come back on stream profitably — especially in US shale plays — at lower prices than before, perhaps putting a lid on further price increases.

Show your support for Canada's oil and natural Gas industry and the positive role it plays in our lives every day.

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.

The joint statement by the Institutional Investors Group on Climate Change, the Investor Network on Climate Risk, and the Investors Group on Climate Change also encourages intensive gas users and governments in oil and gas importing regions to consider playing a role in encouraging control of methane emissions.

Energy Citizens advocate for Canada's oil and natural gas industry by spreading the word about the positive role energy plays in our lives every day, and what it means to our communities.

The Company is not focused on acquisitions of properties that include Enhanced Oil Recovery («EOR») projects or properties that are located in the Gulf of Mexico, Gulf Coast, or International plays.

Many geologists are starting to raise alarm bells that the pressure in shale plays is coming off quicker than expected and shale oil wells could start turning gassy earlier and earlier.

So, oil should be poised to resume its trend and we should put $ 70 a barrel back in play during the next 30 days.

Also could consider Sibanye as a defensive play in light of middle East and Ukraine crises, always think oil and gold could be good

But depending on what plays out in the next few weeks for them, oil prices could spike well above $ 50 per barrel, according to RBC Capital Markets.

In addition to crude oil price changes, location plays an instrumental role in Maine gas priceIn addition to crude oil price changes, location plays an instrumental role in Maine gas pricein Maine gas prices.

This point has been raised by the Pembina Institute, in their report on How Albertans Could End Up Playing for Oil Site Mine Reclamation.

One of the drivers of that growth is its recently discovered Alpine High play in a little - known corner of the Basin, which Apache believes holds more than 3 billion barrels of oil.

A similar dynamic plays out in neighboring, oil - rich countries.

Looking back at the cost gap figure above, the potential revenue generated by EOR is only about $ 50 - 60 / ton, and that is in the best plays under the assumption of high oil prices.