Tag Archives: major

EIA expects near-term decline in natural gas production in major shale regions

August 26, 2015 Source: U.S. Energy Information Administration, , August 2015 Natural gas production across all major shale regions in EIA’s (DPR) is projected to decrease for the first time in September. Production from these seven shale regions reached a high in May at 45.6 billion cubic feet per day (Bcf/d) and is expected to […]

Major fossil fuel-producing states rely heavily on severance taxes

August 21, 2015 Source: U.S. Census Bureau, include a wellhead impact fee that was in place instead of a severance tax. Several states that produce large amounts of fossil fuels rely heavily on severance tax revenue—taxes based on the volume and/or value of oil, natural gas, coal, and other natural resources. On average, severance taxes […]

As cash flow flattens, major energy companies increase debt, sell assets

July 29, 2014 Source: U.S. Energy Information Administration, based on Evaluate Energy database Note: Annualized means each point on the graph is the sum of the previous four quarters. Thus, the first-quarter 2014 results on an annualized basis mean the data represent the sum of the four quarters ending March 31, 2014. The data above […]

Fewer wind curtailments and negative power prices seen in Texas after major grid expansion

June 24, 2014 Source: U.S. Energy Information Administration, based on the for electricity prices Curtailments of wind generation on the Texas electric grid have steadily dropped since 2011 as more than 3,500 miles of transmission lines have been built, largely as a result of the state’s (CREZ) program. Occurrences of wind-related negative real-time electricity prices […]

Not Ready to Buy or Sell Your Equipment?

Join our international network of oilfield buyers & sellers! 
We respect your privacy as well as your time and that's why we only send our newsletter no more than TWICE A MONTH.
 
ADD ME TO THE LIST
Two emails per month (maximum). No ads. No affiliate links.
close-link