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Oil Growth
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US Posted a Second Consecutive Year of Record Oil Production Growth
Jun 23, 2014The US posted a second consecutive year of record oil production growth in 2013 with its surging shale industry balancing out supply disruptions to underpin an unprecedented period of stable global oil prices, BP said Monday. US output ...
Tags: oil production, oil supply
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South Texas' Giant Eagle Ford Shale Was The Best Asset for Big US Upstream Operator EOG
Feb 27, 2014South Texas' giant Eagle Ford Shale was the best asset for big US upstream operator EOG Resources in 2013 and will again drive oil growth this year, the company's CEO said Tuesday. Last year Houston-based EOG focused on improving well ...
Tags: Eagle Ford, Oil Growth
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EOG Resources Is Projecting Its Natural Gas Liquids Production Will Rise 14% This Year
Aug 12, 2013EOG Resources is reaping such high volumes of liquids from key US resource plays that it has raised its 2013 year-over-year production growth target for oil and condensate to 35% from 28%, its executive chairman said Wednesday. At the ...
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The US Saw Its Biggest Ever Yearly Rise in Oil Production Last Year
Jun 14, 2013The US saw its biggest ever yearly rise in oil production last year as its booming shale oil industry continues to transform the global oil market, BP said Wednesday. At the same time, global proven oil reserves continue to grow and are ...
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Some Predictions of Surging Global Production of Light,Tight Oil May Be Overblown
May 16, 2013Some predictions of surging global production of light, tight oil from unconventional source rocks may be overblown, with a of number of environmental and political question marks still hanging over the industry, delegates at a London oil ...
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