Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    FOCUS REPORT: U.S. Shale Gale under Threat from Oil Price Plunge
    FOCUS REPORT: U.S. Shale Gale under Threat from Oil Price Plunge
    FOCUS REPORT: U.S. Shale Gale under Threat from Oil Price Plunge
    Ebook34 pages17 minutes

    FOCUS REPORT: U.S. Shale Gale under Threat from Oil Price Plunge

    By Shale Gas International

    2/5

    ()

    Read preview

    About this ebook

    This is a 26-page report which looks into the business of U.S. shale exploration companies. It analyses the available data on profitability of North American shale plays in the difficult climate created by the sharp decrease in oil prices in the last six months.

    The report also examines the impact of the planned LNG exports, set to commence when the first terminal – Cheniere’s Sabine Pass – comes online later in 2015, are likely to have on the U.S. shale revolution.

    Browse market data tables and graphs through 26 pages of in-depth analysis of the American shale industry.

    LanguageEnglish
    PublisherShale Gas International
    Release dateFeb 28, 2015
    ISBN9781310816635
    FOCUS REPORT: U.S. Shale Gale under Threat from Oil Price Plunge
    Author

    Shale Gas International

    ABOUT SHALE GAS INTERNATIONAL: Shale Gas International is a one-stop-shop for all things shale. Based in London, and with an international appeal, Shale Gas International website, newsletter, and focus reports, provide the oil and gas professionals with timely information about this fast-paced industry.

    Related to FOCUS REPORT

    Related ebooks

    Industries For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Luring Foreign Direct Investment

      Apr 8, 2019

      Luring Foreign Direct Investment
      4 min read

    • Article

      Carbon Capture Convolution

      Dec 1, 2022

      Carbon Capture Convolution
      3 min read

    • Article

      Energy Stocks Come Roaring Back

      Nov 24, 2021

      It's no secret that much of Wall Street is adopting a green-is-good investing mentality to combat climate change. But that doesn't mean less environmentally friendly, old-style oil and gas stocks can't speed ahead from time to time. That's just what

      4 min read

    • Article

      Why Are Gas Prices Still Going Up?

      May 5, 2022

      Drivers in 2022 face an increasingly painful experience every time they fill up their gas tanks. National-average regular unleaded gas prices sit at $4.23 per gallon as of this writing – up 2% from $4.13 just a week ago, up 29% from $3.28 at the star

      3 min read

    • Article

      3 Red-Hot Refining Stocks for Surging Gas Prices

      Mar 10, 2022

      If you've recently filled up your tank, you may have noticed that your wallet feels a bit lighter. That's because gasoline prices have surged to a decade-plus high of $4.25 per gallon according to AAA amid a host of factors, the largest of which incl

      1 min read

    • Article

      What the Russia Oil Ban Means for Stocks

      Mar 8, 2022

      Crude oil prices continued their relentless rise higher Tuesday after the U.S. announced a Russian oil ban. But market strategists are urging investors not to overreact to the latest inflationary shock. Recession talk is premature, for one thing. The

      3 min read

    • Article

      Don't Give Up on Energy Stocks

      Mar 6, 2020

      Value hunters, who buy what other investors shun, are facing a tough decision these days. Although the rest of the market has been surging, energy stocks have collapsed. Is oil over? Or is this an incredible buying opportunity, like technology shares

      5 min read

    • Article

      Oil War in The Pipeline

      Apr 16, 2020

      The author is an associate researcher with the Institute of World Economic Studies at the China Institutes of Contemporary International Relations The 13-member Organization of the Petroleum Exporting Countries (OPEC), led by Saudi Arabia, agreed wit

      5 min read

    • Article

      The Return Of Oil (almost Like In The Return Of The Jedi)

      May 15, 2020

      we’re going to kick right off with the hotspot sector of the moment: energy. Like most commodities, energy is a very cyclical business. It runs from boom to bust over medium-term periods of time. In other words, these boom-and-bust cycles tend to las

      8 min read

    • Article

      How To Invest In Natural Gas

      Sep 8, 2022

      How To Invest In Natural Gas
      6 min read

    • Article

      Surging Global Oil Prices Offer 'Significant Promise' For Asia's Green Energy Growth - But Challenges Remain

      Jun 6, 2023

      Saudi Arabia's decision to cut oil production by 1 million barrels a day from next month is expected to hit the fuel's largest consumer Asia, but that move could also be the catalyst for renewable energy development in the region, analysts said. The

      3 min read

    • Article

      Oil Shakes Off Opec+ Rise

      Jun 10, 2022

      Oil Shakes Off Opec+ Rise
      2 min read

    Related categories

    Reviews for FOCUS REPORT

    2/5

    1 rating0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      FOCUS REPORT - Shale Gas International

      Global hydrocarbon producers have embarked on a price war that has sentBrent crude oil prices tumbling to lows near $45/barrelas Saudi Arabia keeps flooding the market. The key OPEC producer decided not to cut its quota below 30 million barrels per day to maintain itsmarket position –a desperate effort to undermine the economics of shale oil and gas production in the United States.

      Saudi Arabia’s oil minister stated openly that irrespective of price levels (be it $40, $30 or $20 per barrel), they would not reduce output, and that prices may never go back up to $100. The kingdom is foregoing billions of dollars in revenue as it focusses on market share with the notion that a sustained period of low prices will shake out some high cost producers.

      OPEC’s decision to not intervene and Saudi Arabia’s stubbornness, if one may call it that, has taught the market a lesson: Neither the Kingdom, nor the group, should be taken for granted, analysts at Energy Aspects commented.

      The first casualty of low oil prices has been WBH Energy , a private company that drills for shale gas and liquidsin Texas. Citing debt between $10 million and $50 million, WBH had to file for bankruptcy protection after a key lender refused to advance more money. Analysts anticipatefurther company breakdowns, suggesting there are too many ugly balance sheets and smaller drillers are not positioned for this downturn.

      A rush to tap shale resources has prompted many

      Enjoying the preview?
      Page 1 of 1