Wednesday, January 29, 2025
U.S. Oilpatch Productivity Multiple Climbs Above 3.0 - Oil & Gas 360

Effective Rig Count Approaches 3,000

U.S. shale plays are expected to produce 7.34 MMBOPD and 69.76 Bcf/d this July, a new record for overall output: EIA EnerCom has released the latest Effective Rig Count, examining the state of drilling activity in major shale basins. The EERC reached 2,919 in May, rising for the seventh month in a row. An Effective Rig Count of 2,919 means

Present Day Middle Eastern Game of Thrones – Part One

“The Middle East shapes energy politics, energy crises, and it has a huge impact on geopolitics” – Helen El Mallakh Ahead of the upcoming 174th OPEC meeting in Vienna, Austria, (scheduled for Friday, June 22, and immediately followed by the fourth OPEC/non-OPEC ministerial meeting Saturday), Helen El Mallakh, director of the International Research Center for Energy and Economic Development (ICEED)