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Big Oil’s New Strategy: smaller wells, smarter tech

7/26/2018 | Wall Street Journal— For years, big oil companies’ strategy was rooted in tapping as much oil as possible with bigger, deeper, more complex wells. But, driven by a deep slump in oil prices four years ago, an increasingly cost-conscious industry has been experimenting with new digital technologies to open up resources long thought too small or too remote to bother with.

How Abundant Energy is Fueling U.S. Growth

7/17/2018 | The New York Times— This interactive story includes facts and approachable infographics on how innovation is driving an abundance of U.S. energy resources and increasing the important role natural gas plays in Americans’ lives.

Chevron’s new chief vows to keep lid on spending

7/17/2018 | Financial Times— [Chevron’s] production in the Permian Basin at the end of last year was 200,000 barrels of oil equivalent a day. By the end of March, it had risen by a quarter, to about 250,000 boe/d. “The shale game is becoming a scale game,” Mr Wirth said.

Why The Future Of Energy Could Be U.S. Natural Gas

7/13/2018 | Seeking Alpha— Geology dictates that crude oil and natural gas go hand-in-hand.

Oil and Gas Industries Are the Lifeblood of Many Louisiana Small Businesses

7/12/2018 | Inside Sources— American business relies on energy, especially oil and gas. This is particularly evident in the Bayou State, where pipelines crisscross the southern portion like veins in a body.

US set to top oil production

7/12/2018 | AP— The U.S. is on pace to leapfrog both Saudi Arabia and Russia and reclaim the title of the world’s biggest oil producer for the first time since the 1970s.

Shale Gas Revolution Is Just Getting Started

7/6/2018 | Forbes— The shale gas revolution is turning ten years old and is apparently only just getting started. A new report by the business information provider IHS Markit traces the remarkable rise of the shale gas in the United States over the past decade and projects that natural gas production will grow by another 60% over the next 20 years.