The Outlook for US Oil and Gas Production
In April, one of our contributors outlined that, longer-term, the outlook for U.S. production was not all gloom. The contributor highlighted that the price collapse of 2014-2017 installed a lean, mean shale-extracting machine and noted that the U.S. shale industry could emerge stronger than ever before.
This article was originally posted on April 29. Read the full article
12/ MOL Discovers Significant Reserves in Pakistan
MOL revealed in July that it had discovered “significant” gas and condensate reserves in Pakistan. The Mamikhel South-1 exploratory well, which is located in Pakistan’s TAL Block, achieved a flow rate of 6,516 barrels of oil equivalent per day during testing, the company outlined at the time.