Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
Further Gold Price Pressure as the USDX Is About to Rally - 23rd Oct 20
Nasdaq Retests 11,735 Support - 23rd Oct 20
America’s Political and Financial Institutions Are Broken - 23rd Oct 20
Sayonara U.S.A. - 23rd Oct 20
Economic Contractions Overshadow ASEAN-6 Recovery - 23rd Oct 20
Doji Clusters Show Clear Support Ranges for Stock Market S&P500 Index - 23rd Oct 20
Silver Market - 22nd Oct 20
Goldman Sachs Likes Silver; Trump Wants Even More Stimulus - 22nd Oct 20
Hacking Wall Street to Close the Wealth Gap - 22nd Oct 20
Natural Gas/UNG Stepping GAP Patterns Suggest Pending Upside Breakout - 22nd Oct 20 -
NVIDIA CANCELS RTX 3070 16b RTX 3080 20gb GPU's Due to GDDR6X Memory Supply Issues - 22nd Oct 20
Zafira B Leaking Water Under Car - 22nd Oct 20
The Copper/Gold Ratio Would Change the Macro - 21st Oct 20
Are We Entering Stagflation That Will Boost Gold Price - 21st Oct 20
Crude Oil Price Stalls In Resistance Zone - 21st Oct 20
High-Profile Billionaire Gives Urgent Message to Stock Investors - 21st Oct 20
What's it Like to be a Budgie - Unique in a Cage 4K VR 360 - 21st Oct 20
Auto Trading: A Beginner Guide to Automation in Forex - 21st Oct 20
Gold Price Trend Forecast into 2021, Is Intel Dying?, Can Trump Win 2020? - 20th Oct 20
Gold Asks Where Is The Inflation - 20th Oct 20
Last Chance for this FREE Online Trading Course Worth $129 value - 20th Oct 20
More Short-term Stock Market Weakness Ahead - 20th Oct 20
Dell S3220DGF 32 Inch Curved Gaming Monitor Unboxing and Stand Assembly and Range of Movement - 20th Oct 20
Best Retail POS Software In Australia - 20th Oct 20
From Recession to an Ever-Deeper One - 19th Oct 20
Wales Closes Border With England, Stranded Motorists on Severn Bridge? Covid-19 Police Road Blocks - 19th Oct 20
Commodity Bull Market Cycle Starts with Euro and Dollar Trend Changes - 19th Oct 20
Stock Market Melt-Up Triggered a Short Squeeze In The NASDAQ and a Utilities Breakout - 19th Oct 20
Silver is Like Gold on Steroids - 19th Oct 20
Countdown to Election Mediocrity: Why Gold and Silver Can Protect Your Wealth - 19th Oct 20
“Hypergrowth” Is Spilling Into the Stock Market Like Never Before - 19th Oct 20
Is Oculus Quest 2 Good Upgrade for Samsung Gear VR Users? - 19th Oct 20
Low US Dollar Risky for Gold - 17th Oct 20
US 2020 Election: Are American's ready for Trump 2nd Term Twilight Zone Presidency? - 17th Oct 20
Custom Ryzen 5950x, 5900x, 5800x , RTX 3080, 3070 64gb DDR4 Gaming PC System Build Specs - 17th Oct 20
Gold Jumps above $1,900 Again - 16th Oct 20
US Economic Recovery Is in Need of Some Rescue - 16th Oct 20
Why You Should Focus on Growth Stocks Today - 16th Oct 20
Why Now is BEST Time to Upgrade Your PC System for Years - Ryzen 5000 CPUs, Nvidia RTX 3000 GPU's - 16th Oct 20
Beware of Trump’s October (November?) Election Surprise - 15th Oct 20
Stock Market SPY Retesting Critical Resistance From Fibonacci Price Amplitude Arc - 15th Oct 20
Fed Chairman Begs Congress to Stimulate Beleaguered US Economy - 15th Oct 20
Is Gold Market Going Back Into the 1970s? - 15th Oct 20
Things you Should know before Trade Cryptos - 15th Oct 20
Gold and Silver Price Ready For Another Rally Attempt - 14th Oct 20
Do Low Interest Rates Mean Higher Stocks? Not so Fast… - 14th Oct 20
US Debt Is Going Up but Leaving GDP Behind - 14th Oct 20
Dell S3220DGF 31.5 Inch VA Gaming Monitor Amazon Prime Day Bargain Price! But WIll it Get Delivered? - 14th Oct 20
Karcher K7 Pressure Washer Amazon Prime Day Bargain 51% Discount! - 14th Oct 20
Top Strategies Day Traders Adopt - 14th Oct 20

Market Oracle FREE Newsletter

Category: Shale Oil and Gas

The analysis published under this category are as follows.

Commodities

Tuesday, December 03, 2019

Why Shale Oil Not Viable at $45WTI Anymore, OPEC Can Dictate Price Again / Commodities / Shale Oil and Gas

By: Andrew_Butter

Why Shale was once Viable at $45WTI but it’s not anymore. That’s why OPEC can dictate the price again.

  • Some shale operators now say they can’t make money at $55; so they are cutting-back. But in 2017 when WTI averaged $50; output-growth was 60% higher than today. How come?
  • In 2015, five-hundred frac-spreads, bought and paid for; some from profits, many at fire-sale; were idle; so day-rates plunged; and so, helped by multi-pads and cheap sand, shale re-booted.
  • In June 2019 all those spreads were working.  But now, for shale to continue to grow, more are needed. Except at $55 operators can’t pay the pumpers the day-rates they need to buy new.
  • CAT is crying and Halliburton is stacking; holding-out for better rates. Rig count has plunged; there’s no point drilling if you can’t find a cheap frac-spread to complete.
  • Now OPEC & Co can push the price up to $75 WTI without fear of sparking a third boom. But they may make the mistake they made in 2015; trying to kill-off shale. If they do, they will fail.

Over the past year the penny that shale-oil output growth was going down, not up, finally dropped for most commentators (1-to-7). Although EIA, IEA, OPEC and Rystad Energy are all sticking with their predictions for a 900,000 bpd or so build in shale production in 2020 (8-to-10). They say the slump in growth which started in June 2018, was because of pipeline constraints in Permian (11). But those were fixed in December 2018, yet output-growth kept going down.

Read full article... Read full article...

 


Commodities

Thursday, October 25, 2018

U.S. Shale Oil Has A Glaring Problem / Commodities / Shale Oil and Gas

By: OilPrice_Com

Oil prices are down a bit, but are still close to multi-year highs. That should leave the shale industry flush with cash. However, a long list of U.S. shale companies are still struggling to turn a profit.

A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) and the Sightline Institute detail the "alarming volumes of red ink" within the shale industry.

Read full article... Read full article...

 


Commodities

Friday, February 02, 2018

Can The Shale Oil Boom Avoid These Bottlenecks? / Commodities / Shale Oil and Gas

By: OilPrice_Com

Shale companies continue to drill at a frenzied pace, adding rigs and breaking U.S. oil production levels with each passing week. Yet, the oil production is becoming increasingly geographically concentrated. Not only is the Permian basin accounting for much of the new oil production in the U.S., but a relatively small number of counties within the Permian are home to most of that action.

Read full article... Read full article...

 


Commodities

Wednesday, July 05, 2017

Few People Grasp What Geopolitical Power Shale Oil Gives To The US / Commodities / Shale Oil and Gas

By: John_Mauldin

I know no one else with George Friedman’s breadth and depth of insight into today’s world.

Right at the root of today’s major global issues, we find one little word: oil. So, I’ve asked George to bring us up to speed on the geopolitical implications of a remarkable phenomenon: the US shale oil industry.

There is good news here for the US, but big bad news for Saudi Arabia and Russia—and in fact any country with oil exports as its main source of income.

But without further ado, I’ll let George and his team enlighten you on this development themselves.

Read full article... Read full article...

 


Commodities

Tuesday, May 23, 2017

Shale Oil & Gas Production Costs Spiral Higher As Monstrous Decline Rates Eat Into Cash Flows / Commodities / Shale Oil and Gas

By: Steve_St_Angelo

If you believe the recent surge in U.S. oil production suggests that good times are here once more, think again. While the U.S. oil industry continues to increase production by adding a great deal more drilling rigs, there is serious trouble taking place in the shale patch that very few are aware. This has to do with the rapid deterioration of oil and gas economics as horrendous decline rates eat into company cash flows.

Read full article... Read full article...

 


Commodities

Wednesday, February 22, 2017

CONTINENTAL RESOURCES: Example Of What Is Horribly Wrong With The U.S. Shale Oil Industry / Commodities / Shale Oil and Gas

By: Steve_St_Angelo

According to Continental Resources website, it labels itself as America’s oil champion.  To be a champion, one is supposed to be winner.  Unfortunately for Continental, it’s taking a serious beating and is a perfect example of what is horribly wrong with the U.S. Shale Oil Industry.

During the beginning of the U.S. shale energy revolution, the industry stated it would make the United States energy independent.  The mainstream media picked up this positive theme and ran with it.  Americans who wanted to believe in this “Growth forever” notion, had no problem going further into debt to buy as much crap as they could to fill their homes and additional rental storage units.

Read full article... Read full article...

 


Commodities

Thursday, December 22, 2016

U.S. Shale Oil Cash Flow Is Now Neutral / Commodities / Shale Oil and Gas

By: OilPrice_Com

Oil prices are probably already high enough to spark a rebound in shale production.

The IEA says that in the third quarter of 2016, the U.S. shale industry became cash flow neutral for the first time ever. That isn’t a typo. For years, the drilling boom was done with a lot of debt, and the revenues earned from steadily higher levels of output were not enough to cover the cost of drilling, even when oil prices traded above $100 per barrel in the go-go drilling days between 2011 and 2014. Even when U.S. oil production hit a peak at 9.7 million barrels per day in the second quarter of 2015, the industry did not break even. Indeed, shale companies were coming off of one of their worst quarters in terms of cash flow in recent history.

Read full article... Read full article...

 


Commodities

Tuesday, December 13, 2016

U.S. Oil Shale Faces A Reality Check / Commodities / Shale Oil and Gas

By: OilPrice_Com

The collapse of oil prices has forced the U.S. shale industry to slash production costs. In order to improve the “breakeven” costs for the average shale well, the industry has deployed three general strategies: improving techniques and technology, such as drilling longer laterals or using more frac sand; focusing drilling on the sweet spots; and demanding lower prices from oilfield service companies. All three of those strategies led to a decline in the breakeven price for a shale wells.

Read full article... Read full article...

 


Commodities

Wednesday, December 09, 2015

The Science Behind Shale Oil Investments that Pay Off Big Time / Commodities / Shale Oil and Gas

By: The_Energy_Report

As Matt Badiali, geologist and editor of the Stansberry Resource Report, explains, it has only been in the last few decades have we learned to release the potential of the massive oil and gas reservoirs in the U.S. Now we are learning how to tell if a shale project will be profitable. In this Energy Report article, he shares three names he is watching closely.

Read full article... Read full article...

 


Commodities

Saturday, October 24, 2015

Day Of Reckoning For U.S. Shale Oil Will Have To Wait / Commodities / Shale Oil and Gas

By: OilPrice_Com

October has been billed as a pivotal month in which indebted shale companies would see their credit lines cut, precipitating a faster consolidation in the industry that would sow the seeds of a rebound.

Read full article... Read full article...

 


Commodities

Thursday, September 17, 2015

The Shale Oil Delusion: Why The Party's Over For U.S. Tight Oil / Commodities / Shale Oil and Gas

By: OilPrice_Com

The party is over for tight oil.

Despite brash statements by U.S. producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies.

Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues.

Read full article... Read full article...

 


Commodities

Friday, August 21, 2015

The Oil Bubble...Which Just Bust...Was Caused by Derivatives: That’s why Shale Oil is finished / Commodities / Shale Oil and Gas

By: Andrew_Butter

There are plenty of reasons put-forward for why oil prices more than halved over the past year. But no one’s talking about a bubble that bust; seems like the world is wallowing in denial. Likely because if indeed it was a bubble (that just bust), it’s going to be a LONG TIME before anyone sees $100 again, and just about everybody has exposure to that scenario.

”I Blame it on the Saudi’s...BOMB THEM” says Donald Trump, well actually he didn’t say that; but that’s the sort of stupid remark you’d expect from a Republican Party Presidential front-runner.

Read full article... Read full article...

 


Commodities

Wednesday, June 17, 2015

The Dark Side Of The Shale Oil Bust / Commodities / Shale Oil and Gas

By: OilPrice_Com

The fallout of the collapse in oil prices has a lot of side effects apart from the decline of rig counts and oil flows.

Oil production in North Dakota has exploded over the last five years, from negligible levels before 2010 to well over a million barrels per day, making North Dakota the second largest oil producing state in the country.

Read full article... Read full article...

 


Commodities

Wednesday, April 01, 2015

Can Argentina Capitalize On Its Vast Shale Oil Reserves? / Commodities / Shale Oil and Gas

By: OilPrice_Com

Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. Still, with a resource potential both vast and untapped, the nation has never been far from energy investors' minds. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere.

Read full article... Read full article...

 


Commodities

Thursday, March 19, 2015

How Many Shale Oil Plays Make Money At $37 Per Barrel? / Commodities / Shale Oil and Gas

By: James_Quinn

I’m tossing you a softball. Now think carefully. The choices are:

A. Zero

B. Zero

C. Zero

D. Zero

Read full article... Read full article...

 


Commodities

Thursday, September 04, 2014

George Soros Signals Argentina’s Shale Oil and Gas is Biggest Place to Be / Commodities / Shale Oil and Gas

By: OilPrice_Com

One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize —and a big boost for both supermajors and smaller players making big waves in the heart of new discovery areas.

George Soros has doubled his stake in YPF SA, the state-owned oil company in Argentina, which sits atop some of the world’s largest shale oil and gas resources, and is about to get even larger following a new discovery over the last couple of weeks of a second key shale play. 

Read full article... Read full article...

 


Commodities

Tuesday, March 11, 2014

Shale, the Last Oil and Gas Train / Commodities / Shale Oil and Gas

By: OilPrice_Com

How much faith can we put in our ability to decipher all the numbers out there telling us the US is closing in on its cornering of the global oil market? There's another side to the story of the relentless US shale boom, one that says that some of the numbers are misunderstood, while others are simply preposterous. The truth of the matter is that the industry has to make such a big deal out of shale because it's all that's left. There are some good things happening behind the fairy tale numbers, though--it's just a matter of deciphering them from a sober perspective.

Read full article... Read full article...

 


Commodities

Friday, December 13, 2013

Has Shale Oil Broken OPEC's Grip? Oil Stocks Powerhouses of the Future / Commodities / Shale Oil and Gas

By: The_Energy_Report

The Shale Age is the age of the nimble junior, and exploration has revealed oil and gas resources that could forever alter the global production profile. Peter Dupont, oil and gas analyst for Edison Investment Research, tells The Energy Report how companies in North and South America, Australia, Africa and the U.K. are upending the oil and gas order and creating a whole new energy investment landscape.

The Energy Report: The price of Brent is holding steady above $100/barrel ($100/bbl) while West Texas Intermediate's (WTI) price is slipping back into the $90s. How are these prices and the spread between them affecting exploration and production of oil and gas?

Read full article... Read full article...

 


Commodities

Wednesday, September 18, 2013

The Shale Gas Fantasy and Profit When the Bubble Bursts / Commodities / Shale Oil and Gas

By: The_Energy_Report

The numbers don't lie—but politicians and industry bigwigs do. While pundits still wax poetic about an era of American energy independence, Bill Powers, author of the book "Cold, Hungry and in the Dark: Exploding the Natural Gas Supply Myth," sees productivity plummeting in almost every major shale play. In this interview with The Energy Report, Powers tells us to forget about LNG exports and a manufacturing boom and get positioned for a bust. How? Invest in energy equities. Powers names his favorites for maximum returns when the bubble bursts.

Read full article... Read full article...

 


Commodities

Tuesday, January 29, 2013

Betting on Mediterranean Oil and Gas Shale / Commodities / Shale Oil and Gas

By: OilPrice_Com

The Mediterranean has joined the shale game, but as most of Europe's Mediterranean countries drag their feet, all eyes are on Israel, Turkey, and Algeria.

For Israel, it will be a slow road without the majors.

For Algeria, it's full speed ahead, in theory--but the foreign interest is just dabbling for now due to a lack of shale infrastructure.

Read full article... Read full article...