Hints and tips:
...And shale doesn’t really help with that,” said Jim Krane at Rice University’s Baker Institute. “Yes, we’re a big producer....
...Output slipped in January before returning to around 105bn cu ft/d again in early February....
...Alongside Continental Resources boss Harold Hamm, Hess transformed the state from producing fewer than 100,000 barrels of oil a day in the early 2000s to a peak of 1.5mn b/d in 2019....
...Since Biden entered office, New Mexico’s shale wells alone have added more than 700,000 b/d....
...Clayton, Dubilier & Rice has hired Gordon Riske, chief executive of KION Group, as an operating adviser to CD&R Funds....
..., a Denver-based drilling company....
...“The likes of Thai chicken curry with rice — I just want the rice. Moroccan lamb with couscous — I just want the couscous....
...Following a proxy campaign backed by activist investors D E Shaw and Elliott Management, EQT last year installed Toby Rice as chief executive and replaced most of its board....
...EP Energy, whose drilling activities are focused on Texas and Utah, had been acquired by an investor group led by Apollo in 2012 for $7.2bn....
...Last week traders and producers exported a record 3.8m b/d of US crude oil, data released on Wednesday showed....
...Since May it has raised output by roughly 700,000 b/d to 10.7m b/d, with Mr Falih promising output will keep rising next month....
...Former President Barack Obama, speaking at the Baker Institute at Rice University in Houston, claimed credit for the US shale boom....
...He argued in a recent report that of the roughly 1.8m b/d that PDVSA produced last November, 400,000-450,000 b/d were used in the domestic market at a huge loss, while about 500,000-600,000 b/d were committed...
...However, Rice was still outspending its operating cash flows on drilling and completing new wells. It does not expect to be able to cover those costs from its own cash flows until 2019....
...Franklin D Roosevelt cultivated ties with union publications; Ben Bradlee of Newsweek (and, later, The Washington Post) became a confidant of John F Kennedy....
...Eric D Tucker ValueWorks LLC, New York, NY, US...
...Saudi Arabia is “moving beyond its long-held role as a simple exporter of crude oil”, says Jim Krane, a fellow at Rice University’s Baker Institute for Public Policy....
...Last year, Carlyle committed up to $200m in Discover Exploration, a start-up that has been drilling for oil off the coast of New Zealand....
...So I decided I would not work for a firm we’d regulated or rescued and I was very careful in choosing a firm [Warburg Pincus] with a good ethical reputation.”...
...As of today, the company is only producing 50,000 b/d from these properties, he said. Shell’s experience has been echoed by others....
...In a trading update, Dragon said output increased to about 67,600 barrels of oil a day in 2012, compared with 61,500 b/d in 2011 – a result it attributed to an intensive drilling campaign....
...8.5mmbls/d this year over the past three years....
...“I’m not going to say that hauling petroleum products is total compensation for the rail volumes, because we’d like to have the coal volumes back,” Mr Smith says....
...In recent days, there has also been some speculation that Condoleezza Rice, the former secretary of state, might be a candidate for vice-president, if Mr Romney felt the need to show more strength on foreign...
...Now, fast-track approval of the new TransCanada Gulf Coast project will allow that crude to flow all the way to the Texas coast, where refineries can process 4m b/d....
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