Archive | May, 2015

Eagle Ford sees first drilling activity increase in 6 months

It’s a mixed bag of economic indicators for the Eagle Ford Shale where one report says crude oil production is down and another says new drilling activity is up for the first time in six months. The U.S. Energy Information Administration (EIA) released a report on Wednesday that stated oil production in the Eagle Ford […]

Read more

Where Oilfields Are Still Booming

The international rig count is only down about 10% year-over-year while the North America (NAM) rig count is down about 50% over the same period. While the international oilfields tend to be less cyclical than the NAM rig count (learn why here), the wide difference is due in part to the fact that some country […]

Read more

Free Admission At OTC – The Conference Gives Back To Hurting Industry

With the industry facing the toughest times it has seen in years, OTC is taking notice and extending a free invitation to those experiencing hardships as a result of the downturn. Just as it hosted a “speed networking” event for college students when the price of oil was flying high, so too is it now […]

Read more