News | RtChex

ENVERUS RECOMMENDS RTCHEX AS ALTERNATIVE RUN TICKET SYSTEM

Tuesday, it was announced that RtChex would be the recommended system for clients transitioning from the soon to be retired Enverus Run...

Number of drilled but uncompleted wells declines

Based on our latest Drilling Productivity Report (DPR), 5,957 drilled but uncompleted wells (DUCs) were in the United States in all DPR...

New Mexico’s Permian output rises – will a modest shale recovery follow?

By SHEELA TOBBEN on 8/1/2021 (Bloomberg) --New Mexico’s oil production surged to a record in May highlighting the Permian Basin’s role as...

Summer U.S. natural gas prices are the highest since 2014

In June, the U.S. natural gas spot price at the Henry Hub averaged $3.26 per million British thermal units (MMBtu), the highest price...

Natural gas prices rally as global shortages abound

(Bloomberg) --Natural gas markets around the globe are rallying as the world’s importers have come to a stark realization: there isn’t...

Bank of America projects 2022 oil prices near $100 on growing travel demand

LONDON (Bloomberg) --Oil may surge to $100 a barrel next year as travel demand rebounds, Bank of America Corp. said, the strongest call...

API: US petroleum demand continued to grow in May

US petroleum demand in May, as measured by total domestic petroleum deliveries, was 19.8 million b/d, according to the American Petroleum...

U.S. crude stockpiles slump, refining hits 18-month high

U.S. crude oil stockpiles dropped sharply last week as refineries boosted operations to their highest since January 2020, signaling a...

API: January US oil demand within 1.2% of year-ago level

US petroleum demand was 19.7 million b/d in January 2021, according to the latest monthly statistical report by API, a 5.6% increase from...

IEA: Prospect of tighter markets ahead

Oil market rebalancing remains fragile as measures to contain the spread of COVID-19 weigh heavily on near-term recovery of global oil...

U.S. oil and natural gas production to fall in 2021, then rise in 2022

In its January 2020 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that annual U.S. crude...