Majors move out, minors move in to British North Sea

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:

America’s oil and gas output could soar 25% by 2025 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…

Untapped: The New West Texas

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.

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