Energy Market Commentary // Economics

Shale EOR – Changing the Game?

June 11, 2019 |
After a decade of shale development, could the next era of extraction from shale be set to ramp up? EOG began secondary recovery pilot programs in the Eagle Ford all the way back in 2012. Those pilot programs expanded...
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How Low Can Waha Natural Gas Prices Go?

April 4, 2019 |
Waha natural gas cash prices traded as low as a negative…yes negative…$6.60/MMBtu on April 3 and averaged for the day nearly $3.75/MMBtu below zero. Permian producers are paying for the right to produce oil, avoid flaring, and potentially not...
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Uinta Basin Economics: Horizontal or Bust?

March 26, 2019 |
Last June, BTU Analytics examined the outlook of horizontal drilling in the Uinta Basin. As oil prices recovered, total annual drilling activity increased in the Uinta Basin. As drilling increased, producers shifted towards horizontal activity rather than vertical. Despite...
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Alpine High Expectations Move Low(er)

March 6, 2019 |
Last week, the market was caught off-guard when Apache (NYSE:APA) lowered the outlook for volume growth in the company’s Permian rich gas play, the Alpine High.  Apache traded off just 1% following the disclosure, while Altus Midstream (NASDAQ: ALTM),...
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DJ Basin Challenges Impacting Drilling Decisions

February 8, 2019 |
The DJ Basin continues to face both regulatory and midstream challenges. In November, Colorado voters rejected a ballot initiative to increase well setbacks. Now, a lawsuit arguing Colorado’s forced pooling statute is unconstitutional further mires the outlook for development in...
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