Commodity Trade Mantra

Posts Tagged ‘Eagle Ford Shale’

When "Rumor Becomes Reality" - This Is The Devastation Across The US Oil Patch

Trouble has been looming over the oil patch since crude prices began falling last summer, from over $100 a barrel to under $50 today. But only now are the long-feared effects of a bust starting to ripple through the complex energy ecosystem. Cutbacks aren’t yet reflected in broad data on employment, home sales or tax collections.

U.S. Shale Boom May Come To Abrupt End

I believe US oil production will fall sooner & more sharply than many analysts predict. Average well productivity has decreased by one-third. Every rig taken out of service today has more than 3 times the impact on daily production as before pad drilling became common. A good thing for oil price recovery but maybe not for future shale plays.

An Even Better Way to Play Big Oil

Big oil companies thinking conventionally, left the U.S. oil patch years ago & with each step they moved further from conventional oil production. They thought the commercial amounts of US oil were long-gone. And were wrong. Small companies with determined owners cracked the code to America’s shale plays.

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