http://www.worldoil.com WorldOil Biden won’t ban fracing – he’ll outlaw most U.S. drilling instead https://www.worldoil.com/news/2020/9/15/biden-won-t-ban-fracing-he-ll-outlaw-most-us-drilling-instead In a local Philadelphia TV interview, Democratic nominee Joe Biden told reporters “I will not ban fracing.” He failed to mention that his climate plan’s ban on drilling on federal property would go much further than a simple frac ban. In a post-Schlumberger world, how will the new frac services landscape change the way shale explorers operate? https://www.worldoil.com/news/2020/9/4/in-a-post-schlumberger-world-how-will-the-new-frac-services-landscape-change-the-way-shale-explorers-operate Between Halliburton and Liberty Oilfield Services, hydraulic fracturing's two major players have fundamentally different field capabilities and technology ambitions. World Oil editors discuss how the differing strategies these two companies offer will change how operators will approach future shale project developments. API polling in Pennsylvania, Ohio shows strong oil and gas industry support https://www.worldoil.com/news/2020/8/20/api-polling-in-pennsylvania-ohio-shows-strong-oil-and-gas-industry-support With the first of two party conventions underway this week, API Pennsylvania released new polling conducted by Morning Consult showing voters value American energy security and affordability and believe it is important for the U.S. not to rely on foreign energy sources. Canceled Atlantic Coast pipeline threatens Marcellus shale’s future https://www.worldoil.com/news/2020/7/10/canceled-atlantic-coast-pipeline-threatens-marcellus-shale-s-future The Appalachia region, home to the Marcellus shale faces pipeline bottlenecks in the years to come, a problem only made worse by the decision by Dominion Energy and Duke Energy to abandon plans to construct what would have been a major conduit to fast-growing markets that lie to the south. Chesapeake joins more than 200 other bankrupt U.S. shale producers https://www.worldoil.com/news/2020/6/29/chesapeake-joins-more-than-200-other-bankrupt-us-shale-producers More than 200 North American oil and gas producers, owing over $130 billion in debt, have filed for bankruptcy since the beginning of 2015, according to a May report from law firm Haynes and Boone. This year alone, at least 20 have gone under after oil prices plunged amid the Covid-19 pandemic. EIA data suggests official U.S. oil stockpile figures are too high https://www.worldoil.com/news/2020/6/4/eia-data-suggests-official-us-oil-stockpile-figures-are-too-high Various government data sets including stockpiles, production, imports and exports are signaling that current official figures on at least some supplies are excessive. While it’s unclear where exactly the discrepancy lies, the difference could signal a more bullish outlook for crude prices. Precision Drilling CEO sees shale’s recovery a year away, at best https://www.worldoil.com/news/2020/5/28/precision-drilling-ceo-sees-shale-s-recovery-a-year-away-at-best Even if the economy continues to recover and a second wave of the pandemic is less damaging than the first, U.S. shale drillers may still take at least a year before moving rigs back into the field, according to the leader of an oilfield-services company. Swift production declines may keep shale operators on oil rebound’s sidelines https://www.worldoil.com/news/2020/5/22/swift-production-declines-may-keep-shale-operators-on-oil-rebound-s-sidelines Less than 20% of this year’s expected drop in overall U.S. crude output will come from shuttering existing wells, according to IHS Markit. Rather, the vast majority of the supply drop will be the direct result of canceled drilling projects. Daily Brief podcast: A look ahead at the coming week in oil and gas, May 25-29 https://www.worldoil.com/news/2020/5/22/daily-brief-podcast-a-look-ahead-at-the-coming-week-in-oil-and-gas-may-25-29 Key trends for the coming week, including how industry groups' response to low oil prices differ dramatically in the U.S. versus other producing nations, China's big plans for its economy, and investment analysts turning their backs on key sectors of the industry. Distressed oil drillers find major analysts dropping stock guidance https://www.worldoil.com/news/2020/5/22/distressed-oil-drillers-find-major-analysts-dropping-stock-guidance The smallest shale oil drillers have endured their fair share of pain in this spring’s energy collapse and, with ailing stock prices, analysts are finding it even tougher to cover the group.