Author Archives: Sanchez Energy Corp

U.S. oil industry set to break record, upend global trade

date January 16, 2018
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Reuters | Liz Hampton Forecasts for U.S. shale production show positive economic and political impacts as oil imports may be cut by a fifth. Surging shale production is poised to push U.S. oil output to […]

It’s a Record Year for Natural Gas

date January 12, 2018
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Houston Chronicle | David Hunn Last week, the U.S. rig count experienced the largest increase in eight months now totaling 939.   The U.S. rig count leaped 15 this week, the largest increase since May, […]

Shale Restraint Could Lift Oil to $80

date January 11, 2018
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Oil Price | Nick Cunningham According to Goldman Sachs, if the U.S. oil and gas industry reduces service costs through productivity gains and increased efficiencies, and do not drill recklessly, oil prices should continue to […]

Dallas Fed Exec: Texas to benefit more than other states from tax changes

date January 10, 2018
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San Antonio Business Journal | Sergio Chapa According to the Dallas Fed, the recent U.S. federal tax overhaul will allow Texas job growth to potentially grow by 3 percent and also contribute to a continued […]

It’s a Record Year for Natural Gas

date January 10, 2018
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Bloomberg | Liam Denning The EIA is expecting that U.S. natural gas and production growth may be the highest the U.S has ever seen in 2018.   The Energy Information Administration’s latest short-term outlook, published […]

American oil drillers’ output could top Saudi Arabia and rival Russia by 2019, U.S. forecast shows

date January 9, 2018
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CNBC | Tom DiChristopher The EIA is anticipating that U.S. oil production will average 10.8 million bpd in 2019 challenging producers Saudi Arabia and Russia. American drillers will pump enough oil in 2019 to potentially […]

Oil trades near mid-2015 highs on fewer US rigs, OPEC supply caps

date January 7, 2018
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CNBC | Staff Due to current U.S. output levels, the U.S. is expected to exceed 10 million barrels per day in 2018.   U.S. West Texas Intermediate (WTI) crude futures rose 2 cents to $61.46 […]

Oil scores best opening week in half a decade

date January 4, 2018
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Bloomberg | Meenal Vamburkar Last week, West Texas Intermediate closed at a 3-year high. Oil had its strongest opening week for any year since 2013 as refiners and exporters whittled away at crude inventories tucked […]

Oil Prices in 2018: It’s All About Texas

date December 20, 2017
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Bloomberg| Jessica Summers It is expected that Texas will be most influential in the direction of oil prices in 2018. Crude oil production out of the U.S. is expected to hit record levels next year, […]

Oil Prices Rise After API Reports Significant Draw in Crude Inventories

date December 18, 2017
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Bloomberg | Jessica Summers After a long road to recovery in 2017, the oil and gas industry’s optimism has increasingly grown throughout the year and has led to positive outlooks for 2018. Oil’s bumpy ride […]