Sunday, July 23, 2017

This one is for my good friend and helper HB. I hope he’s only taking a vacation or rest break, and will continue to post here. Not hearing a whole lot...

Earlier this year I was preparing a Finding Petroleum event on the Middle East (it eventually happened on May 16th) with Kurdistan a strong theme, some context being provided by Gulf...

Oil priceThe EIA inventory stats followed the API numbers and reported a healthy draw of 7.6m barrels as predicted here but not by the goons on the Street who had crayoned...

In about three weeks, a mammoth ship will arrive at the Browse Basin, some 475km off the coast of Broome in Western Australia. It will anchor there to 16 mooring chains,...

A Guest Post by George Kaplan Part I Discoveries and Reserves The following are a few charts and observations concerning the US Gulf of Mexico production, with data mostly taken from BOEM for...

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Oil priceWith the US market shut for Independence Day the oil market was extremely quiet, nothing to report.Sound EnergyIt's never a dull moment at SOU as today they report excellent news...

The rally in oil prices over the past two weeks came to a halt on Wednesday on news that OPEC is actually exporting more oil than previously thought. A month ago,...

Shale gas is not a revolution. It's just another play with a somewhat higher cost structure but larger resource base than conventional gas.The marginal cost of shale gas production is $4/mmBtu...

Dean Fantazzini has provided me with updates to Texas Oil and Natural Gas estimates, the data shifted about a year ago so I use the most recent 13 months of Texas...
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