The second quarter of 2024 saw slight shifts in oil and natural gas activity, but major changes are looming on the horizon, according to new data from the Dallas Federal Reserve Energy Survey. According to the latest quarterly survey of oil and natural gas operators in the Permian basin, oil and natural gas production was
Read More...The most recent Federal Reserve Bank of Dallas survey of energy executives operating in Texas, northern Louisiana, and southern New Mexico found that overall activity in the oil and natural gas sector trended up in the third quarter of the year, but cost increases remain a worry. This increase in business activity, seen in the
Read More...Similar to the previous quarter, findings from the latest Federal Reserve Bank of Dallas survey of energy executives indicate companies are experiencing rising input costs, supply chain constraints, and yet, firms are still increasing oil and natural gas production in Texas, southern New Mexico, and northern Louisiana. However, concerns about the future of oil and
Read More...Oil and natural gas companies are expanding production activity at a robust pace despite supply chain disruptions and rising costs, according to the most recent Federal Reserve Bank of Dallas survey of energy executives. This quarter’s survey revealed that despite positive top-line numbers, oil and natural gas companies have to navigate several behind-the-scenes challenges to
Read More...The shale industry alone drove 10 percent of the growth in the U.S. economy’s gross domestic product from 2010 to 2015, according to a new study by the Federal Reserve Bank of Dallas showing how oil and natural gas deliver wins for the larger economy. During the same years, crude oil production jumped from 5.5
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