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N.America

N.America
2016, April, 12, 20:15:00

U.S. SHALE PRESSURE

The squeeze puts further pressure on the shale industry to sell assets, cut jobs and drilling and shrink capital spending. It also raises the risk that more companies will tip into bankruptcy.

N.America
2016, April, 10, 13:45:00

U.S. RIGS DOWN 7

U.S. Rig Count is down 7 rigs from last week to 443, with oil rigs down 8 to 354, and gas rigs up 1 to 89. Canadian Rig Count is down 8 rigs from last week to 41, with oil rigs down 3 to 8, and gas rigs down 5 to 33.

N.America
2016, April, 8, 21:15:00

POORLY CONCEIVED U.S.

Poorly conceived policies could restrict development of abundant domestic natural gas resources and deny the US energy security, economic, and geopolitical opportunities.

N.America
2016, April, 8, 21:10:00

U.S. GOOD PRICE - 2

Oil at $35 a barrel is neither too high nor too low but just right to make shares of U.S. explorers worth buying, according to Goldman Sachs Group Inc.

N.America
2016, April, 8, 21:05:00

U.S. GOOD PRICE

The cumulative effect suggests that for U.S. growth over the next three years, there's no difference between oil at $30 or $70 per barrel. How the trade balance responds to swings in crude will dictate which path is more desirable.

N.America
2016, April, 8, 20:45:00

HALLIBURTON & BAKER HUGHES CONTEST

Halliburton Company (NYSE:HAL) and Baker Hughes Incorporated (NYSE:BHI) today announced that the companies intend to vigorously contest the U.S. Department of Justice's (DOJ) effort to block their pending merger. The companies believe that the DOJ has reached the wrong conclusion in its assessment of the transaction and that its action is counterproductive, especially in the context of the challenges the U.S. and global energy industry are currently experiencing.

N.America
2016, April, 5, 18:30:00

U.S. DEFICIT UP 13.1%

Year-to-date, the goods and services deficit increased $10.8 billion, or 13.1 percent, from the same period in 2015. Exports decreased $20.5 billion or 5.5 percent. Imports decreased $9.7 billion or 2.1 percent.

N.America
2016, April, 5, 18:25:00

MEXICO'S RESERVES DOWN 21%

Mexico's proven oil and gas reserves dropped 21.3 percent in 2015, the oil regulator said on Thursday, as the state-run oil company, Pemex, cut back on investment because of plunging crude prices.

N.America
2016, April, 3, 15:45:00

U.S. RIGS DOWN 14

U.S. Rig Count is down 14 rigs from last week to 450, with oil rigs down 10 to 362, and gas rigs down 4 to 88. Canadian Rig Count is down 6 rigs from last week to 49, with oil rigs unchanged at 11, and gas rigs down 6 to 38.

N.America
2016, March, 31, 19:10:00

U.S. DECLINE COSTS

The drilling cost per foot, based on total depth, and the completion cost per foot, based on lateral length, are both projected to maintain these lower cost trends through 2018. Sustained lower upstream costs may affect near-term oil and natural gas markets, and ultimately, the prices of these fuels.

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