Tag Archives: following

Oilfield costs fall following decline in oil prices

June 18, 2015 Source: U.S. Energy Information Administration, based on United States Bureau of Labor Statistics, As oil prices declined—falling more than 50% from June 2014 to January 2015, before increasing slightly in spring 2015—energy production companies focused efforts on increasing operating efficiencies. While are good indicators of the expansion or contraction of the oil […]

Natural gas prices drop following strong production growth

January 28, 2015 Source: U.S. Energy Information Administration, Following a short-lived price increase in November, natural gas prices have dropped to their lowest levels since September 2012, reflecting strong domestic production and inventory builds. The 2013-14 winter’s sustained cold weather and and almost one trillion cubic feet (Tcf) lower than five-year (2009-13) average levels. Prices […]

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