OIL Oilfield Services May Not Recover Until 2020Oil & Gas 360, June 19, 2020 Global demand for oilfield services (OFS) is set for a massive 25% yearly drop in 2020. The well servicing sector will be the first to recover, while long-lead segments will pick up much later Global demand for oilfield services (OFS), measured in the total value of … read more
OIL Hilcorp Alaska offers over $178,000 for Cook Inlet oil and gas leases GAS A Quest for BalanceOle R. Hvalbye, Oil & Gas 360, June 18, 2020 In light of current sanctioned projects, US LNG supply is forecast to reach as much as 146 billion m3 (108 million t) of export capacity by 2026. This represents one of the largest … read more
OIL From Standstill, America’s Oil Frackers Plot A Slow, Careful ReturnDan Eberhart, Forbes, June 11, 2020 Concerns are mounting that U.S. shale drillers, by returning to action too soon, could again play a spoiler role in global oil markets and derail the nascent price recovery. On the surface, these concerns appear valid, but look deeper and you’ll see that there’s … read more
