2019
2018
2017
2016
2015
Past releases
Tenth District Energy Activity Decreased Moderately
By Chad WilkersonTenth District Energy Activity Expands Slightly
By Chad WilkersonTenth District Energy Activity Flat, Outlook Higher
By Chad WilkersonFirst quarter energy survey results revealed Tenth District energy activity was flat, but the outlook for future activity rose moderately. Firms reported that oil prices needed to be on average $52 per barrel for drilling to be profitable, down slightly from six months ago and below both current and expected prices.
Tenth District Energy Activity Declines Moderately
By Chad WilkersonFourth quarter energy survey results revealed Tenth District energy activity declined moderately. The future activity outlook also turned negative. Firms reported that oil prices needed to be on average $63 per barrel for a substantial increase in drilling to occur, while they anticipate oil will rise to only the mid-to high-$50s this year.
Tenth District Energy Activity Accelerates
By Chad WilkersonTenth District Energy Activity Expanded Solidly
By Chad WilkersonSecond quarter energy survey results revealed Tenth District energy activity expanded solidly. The future activity outlook remained strong. Firms reported that the oil price needed to be an average of $69 per barrel for a substantial increase in drilling to occur. This was up sizably from a year ago.
Tenth District Energy Activity Accelerated Moderately
By Chad WilkersonFirst quarter energy survey results revealed Tenth District energy activity accelerated moderately. The future activity outlook remained positive but somewhat cautious. Firms said that oil and natural gas prices needed to be on average $52 per barrel and $2.92 per million Btu, respectively to be profitable in the areas where they are active. At the time of the survey, anticipated steel and aluminum tariffs were expected to have low to medium impacts on drilling costs.