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" ... Both the U.S. and Canada will no doubt see massive production losses in the coming months, as drilling slows and producers shut in wells due to lack of market availability. Some are estimating the production losses in the U.S. alone could approach 3 to 4 million bopd due to market factors. This coming Tuesday, the Texas Railroad Commission will hold a hearing to consider exercising its authority to limit production on a well-by-well basis within the state’s borders, a power it has not exercised since 1973. ... "
" ... Drillship Stena IceMax entered Block 10 of Cyprus’ EEZ and began drilling a couple of days ago. So far, there has been no actual response from Turkey, even though the government of Recep Tayyip Erdoğan had said that it would “react” to any kind of exploration activity in the Cypriot EEZ. ... "
" ... Exciting news to be sure, but drilling down past the headlines and excitement, there are several interesting considerations that these developments can hold for the future of digital money and transactions. Not only specific to bitcoin, these potential effects and developments have the potential to redefine how virtual currency is perceived from a business, regulatory, and consumer perspective. ... "
" ... Idled drilling rigs stand at a business park in Midland, Texas, U.S, on Thursday, April 23, 2020. ... [+] The price for the U.S. benchmark for crude oil, West Texas Intermediate, dropped below zero for the first time in history this month amid a global oil glut. Photographer: Matthew Busch/Bloomberg ... "
" ... Like fracking, horizontal drilling was invented decades ago. As its name implies, horizontal drilling involves drilling down to an oil or gas deposit and then turning the drill horizontal to the formation to access a greater fraction of the deposit. The marriage between these two techniques meant that an oil or gas well could suddenly access a far greater percentage of a reservoir. As more producers embraced these techniques, U.S. oil and gas production soared. ... "