U.S. Tight Oil Output Could Rise By One Million-2.5 Million Bbls A Day By 2017
By Pat Roche
Production from three major tight-oil areas in the United States could grow by between one million and 2.5 million bbls a day in the next few years, a conference heard Monday.
Venezuela, Mexico Could Once Again Compete Against Canada In Heavy Oil Market
By Elsie Ross
Canadian heavy oil, which in recent years has increased its share of the United States Gulf of Mexico market at the expense of Venezuela and Mexico, could face increasing competition from those two countries, an oil conference heard Monday.
Suncor Expansions To Add 100,000 Bbls Per Day
By Lynda Harrison
Suncor Energy Inc. says it is investing in a series of low-capital, high-return debottlenecking and expansion projects expected to add 100,000 bbls per day of oilsands production over the next four years
As Shale Booms, U.S. Crude Exports Jump To 13-Year High
(Reuters) -- U.S. crude oil exports doubled in February to a 13-year high of 124,000 bbls per day, government data showed on Monday, as shipments of surplus shale crude to Canada gathered pace.
U.S. Report Boosts Oil, Gas Estimates For Bakken, Three Forks
(Reuters) -- Two energy-rich formations in Montana, North Dakota and South Dakota have much more crude oil and natural gas within reach of drilling operations than previously thought, according to a government study released on Tuesday.