U S shale producer Centennial launches Texas land sale reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Yergin returns to these themes of where the complex, turbulent forces of energy and geopolitics are taking the world in
The New Map: Energy, Climate, and the Clash of Nations. His pithy narratives and keen observations, unfolding across more than 400 pages, are certain to become touchstones of reference, a shorthand for policymakers, diplomats, and industry players of any nation. For readers on alert for probing backstories to help interpret flashpoints of global energy events and geopolitics yesterday’s, today’s, and tomorrow’s it is hard to imagine a better guide.
Vice chairman of industry research giant IHS Markit, Yergin for decades has advised decision makers and served as a global convener for people at the highest levels of the energy business and government. Access to shifting centers of power has been a Yergin trademark as well as a principal currency for his career. He is an energy insider, a trusted witness to the many events and personalities he describes and
DeSmog
Analysis
Feb 3, 2020 @ 15:55
In mid-January, Adam Waterous, who operates the private equity firm Waterous Energy Fund, made a prediction about the crown jewel of the U.S. shale oil industry, the Permian shale play that straddles Texas and New Mexico.
“We think we are at or near peak Permian,” Waterous told Bloomberg. “The North American oil market has been grossly overcapitalized, which is not sustainable.”
Bloomberg reporter Simon Casey goes on to qualify that “[p]redicting peak Permian output for 2020 isn’t a mainstream view.” However, evidence is piling up that the U.S. shale industry may indeed be close to peaking as it runs out of the two things required to continue increasing oil production: money and what’s known as “tier one acreage.”