Oil short-selling triples since the start of 2020
Hedge funds are bracing for more trouble in the oil market, even after crude rebounded for a second week on hopes the coronavirus outbreak’s threat to economic growth is waning. Source
Oil falls sharply alongside other commodities as uncertainty grows
Renewed fears that the coronavirus will harm global growth rocked commodity markets again on Monday, with oil and metals prices tumbling while gold soared toward $1,700 an ounce amid a flight to haven assets. Source
Fracking: A Decade Of It In Four Charts
About a decade ago, the united states ranked third in worldwide oil production. At that time, they only trailed behind Russia and Saudi Arabia. Fast-forward to today, the Us leads the world in both natural gas and oil output. The USA has more than doubled the amount...
The State Of Frac Sand In The Oil And Gas Industry
In the modern 2020 capital discipline environment, how will service providers and E&Ps operate? Together with Rystad Energy, Shale experts Thomas Jacob and Ryan Hassler discussed the 2020 outlook and what one should be expecting in terms of capital expenditure...
Frac Sand News From The Web
Oil and Gas May Be a Far Bigger Climate Threat Than We Knew
Emissions from human activity like the burning of fossil fuels may have been sharply underestimated.Credit…Gabriella Demczuk for The New York TimesOil and gas production may be responsible for a far larger share of the soaring levels of methane, a powerful greenhouse gas, in the earth’s atmosphere than previously thought, new research has found.The findings, published…
Kalnin Ventures expands presence in Barnett Shale
Kalnin Ventures LLC has announced that an affiliate of its investment vehicle BKV Oil & Gas Capital Partners, L.P. (BKV), has entered into a Purchase and Sale Agreement to acquire Devon Energy Corp.’s (NYSE: DVN) (Devon) assets in the Barnett Shale. The expected closing date is in 2020, subject…
Texas Railroad Commission Announces New Surface Mining Director – an old friend!
<p>It was nice to see that the Texas Railroad Commission has hired Brent Elliott as the new Director of the agency’s Surface Mining & Reclamation Division. During his time at the University of Texas Bureau of Economic Geology, Brent was been a longtime attendees and frequent speaker at our frac sand events (and we hope…
Mobile-Mini Mine Opportunities – Petroleum Connection
February 12, 2020 Over the past few weeks we have received several inquiries regarding mobile or mini frac sand mine opportunities. From land deals to equipment design to procurement, there is a lot of interest in this new concept. If you are involved or interested and would like to touch base on, please shoot me…
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