Estimating The Impact Of Different Oil Price Scenarios On Large U.S. Independents – Forbes


Forbes
Estimating The Impact Of Different Oil Price Scenarios On Large U.S. Independents
Forbes
Crude oil prices have been extremely volatile of late. After falling sharply by more than 60% in a short period of slightly over six months, oil prices have risen by over 40% from their lows over the past few months. In hindsight, the sharp decline in
Here’s Why The US Will Beat Saudi Arabia In The Oil Price WarDaily Caller
Opinion: US oil producers are back in the money, but OPEC is notMarketWatch
Oil price: Why further falls may be on the wayCNBC
Financial Times –OilPrice.com –Market Realist
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ISIS is making the biggest threat to oil prices even worse – Business Insider


Business Insider
ISIS is making the biggest threat to oil prices even worse
Business Insider
Thick black smoke rising from the Baiji oil refinery could be seen as a dirty smudge on the horizon as far away as Baghdad after fighters from the Islamic State of Iraq and the Levant (Isil) set fire to the enormous processing plant just over 100 miles
Opec under siege as Isil threatens world’s oil lifelineTelegraph.co.uk
Saudi Arabia Rewrites The Crude Oil Game With Refining PowerLive Trading News

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Texas about to set 12-month crude oil production record – American Thinker (blog)


Business Insider
Texas about to set 12-month crude oil production record
American Thinker (blog)
Last June, AT predicted “Texas will hit a monthly production level of 3.45 million barrels per day [MMbpd] by December 2014, meaning that 2015 will set a new annualized production record for the state.” According to the U.S. Energy Information
Oil Rig Count and Inventory Are Down: Crude Oil Prices Are UpMarket Realist
Oil storage is so expensive it could derail the oil recoveryBusiness Insider
OPEC Concedes Defeat In Anti-Shale Oil War with USBreitbart News
UPI.com –Oil & Gas 360 –EagleFordTexas.com (press release)
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How Various Oil Price Scenarios Could Impact Transocean – Forbes


CNBC
How Various Oil Price Scenarios Could Impact Transocean
Forbes
The last few quarters have been tough on the offshore drilling industry, as low crude oil prices resulted in a sharp decline in deepwater and ultra-deepwater exploration and related rig contracting activity. Transocean , the largest offshore driller
Here’s Why The US Will Beat Saudi Arabia In The Oil Price WarDaily Caller
Oil price: Why further falls may be on the wayCNBC
Venezuela braces for low oil price eraFinancial Times
Market Realist –Smarter Analyst –bnn.ca
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Oil price climbs, but further drops are forecast – The Week UK


The Week UK
Oil price climbs, but further drops are forecast
The Week UK
The oil price rose by one per cent today as US inventories decreased for the fourth straight week, but that small rise won’t save it from an overall weekly drop due to the strong US dollar and ongoing concerns about the global oversupply of oil. At 10
OPEC Struggling To Keep Up The Pace In Oil Price WarOilPrice.com
How Different Oil Price Scenarios Could Impact Halliburton’s StockForbes
Goldman Sachs Cuts Oil Price Forecast, Downgrades Sector Outlook To CautiousInternational Business Times
Business Insider –Motley Fool
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Oil price jump means no North Dakota tax trigger; tax collections likely $80M … – Casper Star-Tribune Online


Casper Star-Tribune Online
Oil price jump means no North Dakota tax trigger; tax collections likely $80M
Casper Star-Tribune Online
If oil prices had averaged below $55.09 a barrel in May, it would have mark the fifth straight month that they would have lagged below the trigger price and the tax break would have gone into effect. Instead, May’s average price has been about $4.50

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EIA Reports Bizarre Increase In U.S. Oil Production – OilPrice.com


OilPrice.com
EIA Reports Bizarre Increase In U.S. Oil Production
OilPrice.com
Magically revise figures higher at the perfect time when prices are being beaten down by Goldman Sachs and others as the economy slows. And, as a reminder, this comes at the time when the US government decides that the seasonal GDP adjustment …
US Oil Production is Higher Than We ThoughtWall Street Journal (blog)

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Politicians are wayward on Shell lease; goodbye blue-green coalition – The Seattle Times


The Seattle Times
Politicians are wayward on Shell lease; goodbye blue-green coalition
The Seattle Times
“Kayaktivists” protest the Polar Pioneer, Shell’s oil rig moored at the Port’s Terminal 5, on May 16. (Ellen M. Banner/The Seattle Times). Seattle is setting “a very bad precedent” in picking teams on the Shell oil lease. Paul Stevens is a shipyard

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High-tech environmental push needed for oil sands: Tory-requested report – The Globe and Mail


The Globe and Mail
High-tech environmental push needed for oil sands: Tory-requested report
The Globe and Mail
Alberta’s oil-sands producers need to take urgent action to reduce the sector’s damaging impact on the environment by speeding the adoption of expensive and often risky emerging technologies. That’s the conclusion of a report to be released Thursday
OIL SANDS: Environmental improvement report tabledCanadian Mining Journal
Accelerating technological development is required today to address long-term Canada NewsWire (press release)
US Oil Sands Inc. Provides Operational Update and Announces First Quarter MarketWatch
Hydrocarbons Technology
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Saudi-Kuwait Oilfield Stays Shut Amid Operational Dispute – OilPrice.com


Arab News
Saudi-Kuwait Oilfield Stays Shut Amid Operational Dispute
OilPrice.com
Ali al-Omair, Kuwait’s oil minister, during an official visit to the Qatari capital of Doha on May 13, announced the shutdown of the onshore al-Wafra field, which is situated in the Saudi-Kuwait Neutral Zone between the two countries. He said work had
Chevron says output from joint oil field remains shutArab News

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Lynden Oilfield Services joins Lynden family of companies to serve Alaska's … – PR Newswire (press release)

Lynden Oilfield Services joins Lynden family of companies to serve Alaska’s
PR Newswire (press release)
SEATTLE, May 28, 2015 /PRNewswire/ — Lynden companies have provided support to Alaska oil and gas customers for decades. A new Lynden business, Lynden Oilfield Services (LOIL), was created specifically to serve customers on the North Slope of …

Oil price: Why further falls may be on the way – CNBC


CNBC
Oil price: Why further falls may be on the way
CNBC
Those hoping for a bit of oil price stability after the past few months’ volatility may be disappointed. Next week’s Organisation of Petroleum Exporting Countries (OPEC) meeting is widely expected to be another case of the cartel sitting on its hands
Here’s Why The US Will Beat Saudi Arabia In The Oil Price WarDaily Caller
The Economist explainsThe Economist (blog)
Venezuela braces for low oil price eraFinancial Times
Business Insider –OilPrice.com
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Oil-price drop has put Alberta's economy into 'tailspin,' Conference Board of … – Edmonton Journal


Edmonton Journal
Oilprice drop has put Alberta’s economy into ‘tailspin,’ Conference Board of
Edmonton Journal
EDMONTON – Alberta will see a recession this year but the impacts won’t be as severe as in 2008-09, the Conference Board of Canada reported Thursday. The province’s economy is expected to contract by 0.7 per cent in 2015 but will rebound slightly in …
Alberta can’t avoid a recession this year, says conference boardCalgary Herald

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Crude Oil Price Slips on Lower Imports, More Refinery Output – 24/7 Wall St.


Reuters
Crude Oil Price Slips on Lower Imports, More Refinery Output
24/7 Wall St.
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning, a day later than usual due to the Memorial Day holiday. U.S. commercial crude inventories decreased by 2.8 million barrels last week
Oil Price Rises Ahead of US Supply DataWall Street Journal
Oil ends higher as US inventories drop for fourth weekReuters
Crude Oil Price Falls Amid Ample US Supply, Output GainTransport Topics Online
Business Insider –MarketWatch –Market Realist
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Texas Oil Industry Largely Unaffected By Flooding – Manufacturing.net


Manufacturing.net
Texas Oil Industry Largely Unaffected By Flooding
Manufacturing.net
Flood waters overrun the banks of the bayou in downtown Houston on May 26, 2015. (AP Photo/Pat Sullivan) Severe flooding shut down some oil wells and a Houston-area terminal but spared most of Texas‘ massive oil industry. According to a Bloomberg …
Texas oil patches brace for more rains, possible floodsMarcellus.com (press release)
Texas Floods Affect Some Oil Wells, Refineries Mostly UnaffectedOilPrice.com
Texas floods: More storms brewingWDIV Detroit
Triple Pundit (registration) (blog)
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Video: Serious injuries reported after tornado hits Texas drilling rig – kfor.com


kfor.com
Video: Serious injuries reported after tornado hits Texas drilling rig
kfor.com
Video: Serious injuries reported after tornado hits Texas drilling rig. Posted 9:15 pm, May 27, 2015, by NBC News, Updated at 11:11pm, May 27, 2015. Facebook · Twitter · Pinterest · LinkedIn · Reddit · Email. The Canadian, Texas tornado just before it
At least three injured after tornado hits Texas gas drilling rigReuters
3 injured in Hemphill County tornado; 4 tornadoes reported in areaAmarillo.com
3 people seriously injured in Canadian tornadoConnectAmarillo.com powered by KVII

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Oil spill in Texas floodwaters are being investigated – kfor.com


kfor.com
Oil spill in Texas floodwaters are being investigated
kfor.com
COOKE COUNTY, Tex. — An oil spill near Gainesville, Tex. is being investigated by the Texas Railroad Commission. The man who allegedly took video of the spill says he was just there to check out the flooding along Hickory Creek on Sunday. “Did a
Video brings attention to Cooke County Oil SpillKXII-TV

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Oil Crash and Rain Drive Texas Manufacturing Downward – Breitbart News


Breitbart News
Oil Crash and Rain Drive Texas Manufacturing Downward
Breitbart News
Despite rebounding oil prices, manufacturing in Texas in on a downward slide. A report from the Dallas Fed stated that manufacturing fell further than expected, reaching the lowest level since June 2009. Heavy rains and flooding are also impacting
Crude’s slump still taking a toll on TexasHouston Chronicle (subscription)
Dallas Fed: Texas manufacturers slumped to Great Recession-level output in MayFuelFix (blog)
Texas economic outlook darkensUPI.com
San Antonio Express-News (subscription) –CNBC
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Court approves key permit for ConocoPhillips oil field – Alaska Dispatch News


Alaska Dispatch News
Court approves key permit for ConocoPhillips oil field
Alaska Dispatch News
A ConocoPhillips project expected to yield its first drops of oil in December cleared a hurdle Tuesday, when the U.S. District Court of Alaska approved a key permit for the project. The permit was issued four years ago by the U.S. Army Corps of
CD-5 upheld, production to begin in DecemberAlaskajournal.com

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