 |
Louisiana Light • 3 days | 87.04 | +0.05 | +0.06% | ||
|
Bonny Light • 10 days | 86.00 | -0.62 | -0.72% | ||
|
Opec Basket • 3 days | 88.15 | +1.09 | +1.25% | ||
|
Mars US • 248 days | 76.40 | -1.43 | -1.84% | ||
|
Gasoline • 10 mins | 2.542 | -0.017 | -0.68% |
|
Bonny Light • 10 days | 86.00 | -0.62 | -0.72% | ||
|
Girassol • 10 days | 87.27 | -0.38 | -0.43% | ||
|
Opec Basket • 3 days | 88.15 | +1.09 | +1.25% |
|
Peace Sour • 8 hours | 75.96 | -0.72 | -0.94% | ||
|
Light Sour Blend • 8 hours | 78.41 | -0.72 | -0.91% | ||
|
Syncrude Sweet Premium • 8 hours | 83.01 | -0.72 | -0.86% | ||
|
Central Alberta • 8 hours | 76.41 | -0.72 | -0.93% |
|
Eagle Ford • 3 days | 79.64 | -0.72 | -0.90% | ||
|
Oklahoma Sweet • 5 days | 80.50 | +1.25 | +1.58% | ||
|
Kansas Common • 6 days | 73.00 | -0.75 | -1.02% | ||
|
Buena Vista • 5 days | 90.42 | +1.07 | +1.20% |
David Messler
Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and office assignments. He currently maintains an independent training and consulting practice, and writes on energy related topics.
Latest articles from David
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M&A Wave Hints at Eagle Ford Revival
How about that Eagle Ford-EF, basin? Sometimes you would think that the only place that E&P companies cared about was the Permian. It gets all…
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Is a Tipping Point Approaching for America's Most Prolific Oil Basin?
Midstream companies are benefiting from the Permian gas problem. The Permian basin has been the driver of growth in shale output for a number of…
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Why the IEA is Wrong About Peak Oil Demand
It is fairly common nowadays to see relatively near-term estimates for a point at which demand for petroleum-based fuels begins to decline. The term often…
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Could AI Spark a Boom in Natural Gas Demand?
I normally chronicle the oilfield activity taking place in the shale basins of the U.S., often spending much of my time on companies operating in…
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Is U.S. Shale Production Finally Nearing Its Peak?
Last October, I published a piece on OilPrice where I discussed the drivers for the rapid expansion of upstream E&P merger activity that was being…
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Natural Gas Producers Are Slashing Spending As Prices Stumble
“It was the best of times, it was the worst of times.” That line taken from the 1859, Dickensian novel, A Tale of Two Cities,…
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Another Mega-Merger Is Brewing in the U.S. Shale Patch
The merger and acquisition deals are coming in the shale patch, at a rate almost too fast to document. Last week news broke about Devon…
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The Logistics Play Set to Transform the Permian Basin
The oil and gas fracking industry has delivered massive growth in oil and gas output over the last decade and a half. Starting in 2008…
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E&P Companies Face Tough Year Despite Oil Patch 'Bumper Crop'
The U.S. Energy Industry has defied past norms where declines in drilling and completion activity would quickly result in lower production. Technology has turned that…
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We’re on the Verge of a Reset of Expectations in the Oil Sector
Despite a late Santa rally in the oilpatch this week, it's probably time to recognize that we are on the verge of a reset of…
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Who Will Win the Bidding War for CrownRock?
In October I published an Oilprice article detailing one of the key drivers for the relentless Merger and Acquisition (M&A), activity occurring within the Upstream…
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The Next Phase Of The U.S. Shale Revolution
Mergers in the U.S. shale patch have continued through the course of 2023 as companies jockey for assets that will fill in gaps in their…
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Small Oilfield Service Companies May Have Big Upside
The market could be ready to make a sharp turn higher in the valuations of the smaller oilfield service-OFS companies. Since May of this year…
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Shale E&Ps In High-Gear Consolidation: Big Fish Seize Top-Tier Acreage
We are in the later stages of a consolidation phase in shale-oriented E&P’s that began in late 2020 and has continued since without much let…
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The Imminent Peak In Permian Oil: What Does it Mean For Investors?
In this article, I will update the general trends now being observed with daily production out of the Permian basin. In past articles, I’ve discussed the…
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ExxonMobil Makes Major Move Into Carbon Capture With $4.9 Billion Acquisition
ExxonMobil (NYSE:XOM) made a splash in the Carbon Capture and Underground Storage-CCUS business last week with news of its $4.9 bn acquisition of Denbury Resources…
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Commodities And Consolidation: Earthstone’s Bold Asset Swap Strategy
When commodity prices fall off as they have the last eight months, companies begin to high-grade their portfolios or seek a way to lower costs.…
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U.S. Shale Production Is Set For A Rapid Decline
I have argued in several Oilprice articles, and most recently in February 2023, that the era of increasing output from shale wells did not have much…
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Why Shale Frackers Should Be In A Strong Position In 2023
Last December I published an article on Oilprice discussing why I thought land drilling contractors would start to rally after the first of the year.…
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Tellurian’s Driftwood LNG: A Solid Project Or A Pipe Dream?
Tellurian (NYSE:TELL) is one of those speculative stocks that seem to cast a spell over the "Bottom Fishing” investors of the world. It is its…
