Tuesday, April 24, 2018

Exploration is in fact a scientific enterprise – as well as a business: we make predictions and then test them with the drill bit. And we aim to learn from these...

The IEA released highlights for the December Oil Market report in mid December. I have used information from the November report and assumed OPEC crude output will be 32.7...

Non-petroleum comments in this thread please. Source link

In July 2014, as the Obama administration was really beginning to work through its future plan for offshore oil and gas leasing, the industry was hopeful that the plan would include...

Some folk have asked me if this is a commentary on E&Ps operating in Kurdistan or the UK onshore or perhaps on the AIM oil & gas sector in general. Not...

Oil prices are probably already high enough to spark a rebound in shale production. The IEA says that in the third quarter of 2016, the U.S. shale industry became cash flow...

The labels in the chart above are for the “corrected (3 month)” estimate. This estimate (now preferred by Dean Fantazzini) is 35 kb/d lower than the EIA estimate for Sept 2016...

Hi GF, Merry Christmas! I SAID I was ok with Obama’s banning Arctic waters oil drilling. You say ” Our government is based on limited power and checks and balances....

Eighteen years ago, the International Energy Agency made an alarming and, by its own admission, controversial prediction. Global conventional oil output would peak well before 2020, it said, based on global...

Oil priceThe only major item of note yesterday was a narrowing of the discount of WTI to Brent, this  came partly as traders feel that the the UK pipeline reopening brings...
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