Producers

Oklahoma STACK break-even costs under $30/b, closing in on vaunted Permian – IHS Markit

News

Peak per-lateral foot productivity in the STACK closing in on Permian Despite the fact that the Oklahoma STACK oil and gas play is still evolving and its total potential is undetermined, evidence thus far indicates the play is delivering impressive results, leading operators to commit significant 2017 CAPEX to its development, according to new analysis […]

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Chinese policies to support medium-term thermal coal price of US$73/tonne

News

98% of seaborne thermal market expected to be cash positive According to Wood Mackenzie’s recent report China’s coal policies rescue the thermal coal market, China’s domestic benchmark thermal coal price is sustainable at RMB515/tonne in the medium term. This price level represents the balance in the break-even prices between coal mines and coal-fired power plants

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Opinion: Ensuring US offshore oil/gas production is safest in the world

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Industry’s commitment to safety standards ensures US oil/gas production will grow while keeping workers, environment safe By Barry Russell, Randall Luthi, and Nikki Martin The U.S. oil and natural gas industry is made up of a wide array of companies and individuals. From small to large exploration and production companies to geologists and engineers, the

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US shale natural gas drives ‘significant uptick’ in chemical exports

News

Higher chemical trade activity will benefit key ports, terminals and logistics providers on Texas, Louisiana Gulf Coast Despite low crude oil prices, new US shale gas-derived chemical expansions continue to move forward, and more than 100 million metric tons (MMT) of new capacity will be added in the U.S. chemical industry by 2025, according to a new

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