Oil Industry News

30 Jun 21

Is ‘Work from Home’ a Company Perk?

Due to the chaos triggered by the Covid-19 pandemic, employers scrambled to maintain continuity by enabling employees to work from home. In many cases, employers previously uninterested in the idea of a remote workforce realized the many benefits of establishing formal work from home policies. Some of those benefits include the reduced need for sprawling […]

April 14, 2020
John Syed
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23 oil producing countries have agreed to cut 9.7 mb/d from global oil markets. Production levels from October 2018 will be used as the baseline; global oil production during that time was near all time highs at 100 mb/d; but flat when compared to March 2020’s 100 mb/d. When you factor in the recent overproduction […]

06 Apr 20

Has the Oil Industry Hit Bottom?

Everyone whose livelihood depends on the oil industry is, has one question on their mind, have the oil markets hit bottom? The answer is yes, but first let me share why that narrative is important; then I will outline why I think we have hit bottom. Once oil company executive psychology shifts from we are […]

March 7, 2019
John Syed
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“Estimates Include 46.3 Billion Barrels of Oil, 281 Trillion Cubic feet of Natural Gas, and 20 Billion Barrels of Natural Gas Liquids in Texas and New Mexico’s Wolfcamp Shale and Bone Spring Formation.” (source) The Delaware Basin straddles the New Mexico and Texas border Northeast of El Paso, TX and South of Carlsbad, NM. It […]

Category: Oil Industry News

Is ‘Work from Home’ a Company Perk?

Global Oil Producers have Agreed on Production Cuts, What Now?

Has the Oil Industry Hit Bottom?

Delaware Basin, Under the Next Great American Boom Town