The sale of gas fields in the British North Sea could be a sign that bigger companies are losing interest in an area with a bit of a future, analysis finds. Read Full Article Here: https://www.upi.com/Energy-News/2017/11/21/Majors-move-out-minors-move-in-to-British-North-Sea/7131511272204/
http://money.cnn.com/2017/11/14/news/economy/us-oil-gas-shale-iea/index.html The United States is on track to pump 30 million barrels of oil and gas a day by 2025, 50% more than any other country has ever managed. The dramatic shifts envisioned by the IEA in its World Energy Outlook would transform the U.S. from an energy importer into a major player in global markets capable of producing 30 million barrels of oil and gas a day by 2025. Paris-based IEA predicts that U.S. shale oil producers will boost their output by 8 million barrels a day between 2010 and 2025…
The Texas standard has put together a great mini series about The Permian Basin in West Texas, and it’s nation leading oil adn gas production. Worth a read and listen. http://specials.texasstandard.org/untapped/