Forbes | Robert Rapier
Since 2008, the majority of new oil production has come from the U.S.
Unbeknownst to most people, oil producers were experimenting with a marriage between two established oil drilling technologies — horizontal drilling and hydraulic fracturing. The success of this marriage would unlock oil in tight oil and shale oil deposits that had previously been too expensive to recover, and would result in one of the greatest oil booms the world had ever seen. In fact, the “fracking revolution” caused U.S. oil production to turn upward in 2009, and then rise over the next seven years at the fastest rate in U.S. history. While it is still true that OPEC still produced 42.6% of the world’s oil in 2017, the majority of new oil production since 2008 has come from the U.S.
Sanchez Energy News
- Sanchez Energy Reports First-Quarter 2019 Financial and Operating Results May 8, 2019
- Sanchez Energy Reports Fourth-Quarter and Full-Year 2018 Financial and Operating Results; Provides 2019 Outlook March 1, 2019
- Sanchez Energy Receives Notice from NYSE Regarding Additional Continued Listing Standard January 8, 2019
- Sanchez Energy Receives Notice from NYSE Regarding Continued Listing Standard December 21, 2018
- Sanchez Energy Announces Engagement of Financial Advisor to Explore Strategic Alternatives December 4, 2018
- Sanchez Energy to Pay Dividends on Series A and Series B Convertible Perpetual Preferred Stock in Common Stock November 19, 2018
- Sanchez Energy Announces Third Quarter 2018 Financial Results and Operations Update November 1, 2018
- Sanchez Energy Announces Management Changes and Board Additions October 29, 2018
- Sanchez Energy Corporation Announces Third Quarter 2018 Earnings Conference Call October 15, 2018
- Sanchez Energy Corporation Announces Participation in Barclays CEO Energy-Power Conference August 29, 2018