EOG Resources

Oil Prices Continue To Rise With Demand

Infrastructure and technology developed in China for transporting LNG by highway trucks may soon enter North American markets in the near future, Shell representatives have outlined at the Southwest Research Institute. “Simply, for Shell, an expected doubling in energy demand in the next 50 years poses “an incredible challenge,” and natural gas “is going to… Keep reading →

Oil Drops To $96 A Barrel As Energy Prices Decline 1.4 Percent In April

  EOG is bullish about oil this year, but less optimistic about North American natural gas prices, said Board Chairman and former Chief Executive and Mark Papa, speaking during the company’s second-quarter 2013 earnings call. “We consider 2013 to be another in a long string of disappointing years,” said Papa. “We expect gas supply to continue… Keep reading →

Mining sand, clay and other industrial minerals for use by industrial concerns was a solid business for over 100 years, but the explosion of unconventional drilling that has helped boost US petroleum output to levels not seen in decades opened a new and lucrative market.

US Silica is a 112-year old company that got its start supplying sand to Pennsylvania’s glass industry, but around 2008 the firm began to supply proppants to companies that were hydraulic fracturing wells in order to tap liquid and gas hydrocarbons trapped in low-porosity geologic structures like shale. Keep reading →