Searching For A Balance

People like to be in control, and certainly that’s the case with a producer group like OPEC. But it takes time to turn a proverbial battleship—or crude tanker—around. What if measures intended to balance the…

Vision 2019

In January 2018, NASA demonstrated something new, even radical: autonomous X-ray navigation using millisecond pulsars to determine the location of an object moving at thousands of miles per hour in space. The agency said this…

Haynesville Thriving On Capital Efficiency

In recent years, the Haynesville Shale has reinvented itself as new operators entered the play with significant funding from private equity. These new entrants earnestly applied new completion techniques and longer laterals, imitating practices honed…

Taking Stock

The more detailed a Permian Basin acreage map is, the more it resembles a Jackson Pollock painting rendered on a Lite-Brite. A zoom-in on the Delaware Basin finds more than a dozen E&Ps gerrymandered together,…

Walking The Walk … In The Dark

When stock markets are down sharply, a common phrase of encouragement is that “it’s darkest before the dawn.” But what if, as day dawns, the sun sheds little light on the investing landscape? What if…

The Truth About Permian Curtailment

While the Midland-to-Cushing oil price differential blew out to as high as $16 per barrel (bbl) over the summer, and still stands at about $10 in early November, it’s not why you might think. It’s…

Oil Prices Steady Despite Geopolitical Tensions

Oil prices closed almost flat on Tuesday (October 17) despite clashes in Iraq’s semi-autonomous Kurdish region and rising tensions between Iran and the US. November West Texas Intermediate crude closed a cent up, at $51.88 a barrel on…