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by Jim Colburn Leave a Comment
And they are:
”As oil production hit 1,244,629 bbl/day in May, natural gas production hit almost 2.32 billion cubic feet per day, with producing wells at 14,755 for the month — all new state records.”
However…
”There’s still a shortage of hydraulic fracturing crews, Helms said. Frack jobs take about 10 to 14 days to complete — more efficient than 2014, but needing more manpower.”
Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.
Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.
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