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Proppant demand outlook for Bakken, Permian

November 6, 2017 Latest News 0

US and Canadian shale operators have adjusted completion designs and increased proppant volumes to maximize well productivity. McKinsey Energy Insights (MEI) expects this trend will continue at $50/bbl oil, particularly in the Permian basin.The post Pr…

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Chevron reports 3Q earnings jump, but lower US output

November 6, 2017 Latest News 0

Chevron Corp. recorded third-quarter earnings of $2 billion, up from $1.3 billion in third-quarter 2016, even as its net US upstream production posted a year-over-year decline.The post Chevron reports 3Q earnings jump, but lower US output appeared fir…