Tag: u.s. shale

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

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 […]

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 […]

Tag: u.s. shale

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

Delaware Basin, Under the Next Great American Boom Town