Ví dụ về việc sử dụng Drilling activity trong Tiếng anh và bản dịch của chúng sang Tiếng việt
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Crude oil production rose to another record, while drilling activity picked up again.”.
With drilling activity still high, most analysts expect U.S. oil production to rise further in 2019.
However, recent data suggesting a slowdown in US shale production and drilling activity may provide some support.
With drilling activity still high, most analysts expect U.S. oil production to rise further this year.
While output C-OUT-T-EIA remains around the record of 11 million barrels per day(bpd),recent subdued U.S. drilling activity points towards a slowdown.
Investors said that US drilling activity was a major factor affecting oil prices in this session.
Forward U.S. oil prices for 2018 have climbed back above US$50 per barrel,a level that should be high enough to stabilize drilling activity over the next two months.
The slowdown in drilling activity suggests that at the current price below the $50, the US supply may have reached its peak.
Eberhart said penalties from China would be bad for Canary andother oil companies that rely on increased drilling activity to grow.
In addition, after a few weeks of contraction, drilling activity in the U.S. has gone into growth again- this is another signal of production growth.
US growth in 2017 beat all expectations as the shale industry bounced back, profiting from cost cuts,(and)stepped up drilling activity,” the IEA said.
But drilling activity in the Permian basin, the largest USA oil patch, has begun showing signs of a slowdown due to limited pipeline takeaway capacity.
Several producers, however, have said they expect to reduce drilling activity in 2019 after U.S. crude prices fell 25 percent last year, the first annual decline since 2015.
Traders said markets in Asia began cautiously after the weekend strikes, while oil markets alsocame under pressure from a rise in U.S. oil drilling activity.
Several producers have said they expect to reduce drilling activity in 2019 after US crude prices fell 25 per cent last year, the first annual decline since 2015.
Maintaining global supply might be very challenging,” the bank said, although it added that“the U.S. is doing its bit to increase production,with data showing drilling activity is continuing to rise.”.
Projected 2015 oil prices remain high enough to support some development drilling activity in the Bakken, Eagle Ford, Niobrara, and Permian basin, albeit at lower levels than previously forecast.”.
The increase comes from relentless supply growth in the latter stages of last year, particularly from OPEC countries that pumped at record levels, and from the US shale oil plays,where drilling activity began picking up 10 months ago.
For example, Hanoi, facing apparent Chinese pressure,once again decided to cancel the oil drilling activity of the Spanish energy firm Repsol in disputed waters for the second time in a year.
While there is no consistent series for drilling activity before 1948, we think it likely that to find a lower level of activity would require going back to the 1860s, the early part of the Pennsylvania oil boom,” Hornsell said in a research note today.
However analysts at WTRG say there is little chance of any downside risk to prices as there wouldneed to be a 50 percent increase in drilling activity and a reversal of many of the social projects Chavez set up.
Traders said the price falls on Monday andFriday were a result of increasing oil drilling activity in the United States, which indicated that producers can operate profitably around current levels.
Shale producers are drilling at the highest rate in 18 months but have left a record number of wells unfinished in the largest oilfield in the country-a sign that output may not rise as swiftly as drilling activity would indicate.
Traders said the price falls onTuesday were an indication that increasing oil drilling activity in the United States was still a concern even as crude prices closed higher on Monday because of a weaker dollar.
But the company sees a more balanced market ahead as sanctions waivers are not renewed, the United States and China resolve their trade differences,and lower drilling activity in the second half of 2018 impacts production growth.
But Schlumberger, the largest oilfield services company in the world,said this week that it expects drilling activity to slow down significantly in the fourth quarter, with sales for its services in North America expected to drop by 15 percent, compared to the prior quarter.
Low gas prices are a boon to consumers who pay less to heat homes and businesses, but are painful for energy companies- like EQT Corp, the nation's biggest gas producer-forced to cut costs and reduce drilling activity to the lowest level in years.
But undermining these efforts has been rising production in the United States,where increased drilling activity especially by shale oil producers has lifted overall output to 8.98 million bpd, up 6.5 percent since mid-2016 and to its highest level since April last year.
Essentially, the sanctions endorse that“in light of Turkey's continued andnew illegal drilling activities, the EU decides to suspend negotiations on the Comprehensive Air Transport Agreement and agrees not to hold further meetings of the high-level dialogues for the time being.”.