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California refiners dreaming of heyday
US downstream sector in key state feels the pain of high costs, an environmental squeeze and the effects of broader market trends
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Crude quality issues are an often understated risk to energy security, highlighted by problems at a key US refinery
Bakken oil output may hold its ground
While oil prices will determine the trajectory of the key US shale patch, regulation and technological shifts are also likely to shape direction longer term
US, Russia and China circle the Arctic
The strategic importance of vast untapped oil and gas reserves and key shipping routes has come in from the cold
Trump creates new risk dynamic
US policies may have lasting effects in sectors such as energy, that rely on predictable rules and long-term planning
Momentum builds for Alaska LNG
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Letter from the US: Energy needs require a rethink
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Lower oil prices fuel US driving season
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Drilling activity is steadily returning to pre-pandemic levels in Texas
US Shale
Charles Waine
12 October 2021
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Private operators drive Permian recovery

Strong market conditions are encouraging private producers in Texas and New Mexico to lift drilling activity

All the signs are positive for US shale. The WTI crude benchmark has broken through the $80/bl ceiling for the first time in seven years and the rig count has more than doubled since last October. The post-Covid recovery is well and truly gaining momentum. Strong oil prices have compelled producers to work through their backlog of drilled-but-uncompleted wells, as showcased by the rapidly rising rig count. Last week, the rig count climbed to 533, its highest recorded level since early April last year when the pandemic first started to sink drilling activity.    And the Permian basin—the bulwark of Lower 48 oil production—is leading the recovery. The rig count in the basin has recently soared

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California refiners dreaming of heyday
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Mars attacks US oil industry
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Crude quality issues are an often understated risk to energy security, highlighted by problems at a key US refinery

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