The Price Of Oil: Looking Ahead Without All The Noise
The one given in this industry is that the analyst community is consistently wrong about where the price of oil is going in the near to mid-term. Just as $100 oil was a sentiment driven price that...
View ArticleWhat Can We Expect From a Saudi Aramco IPO?
Muhammad bin Salmon, the Kingdom of Saudi Arabia’s (KSA) Deputy Crown Prince, has publicly stated his personal support for selling shares to the public in Saudi Aramco. Saudi Aramco Not likely To...
View ArticleWhy Texas Needs LNG – Guest Post by Ron Kirk
The shale gas revolution has allowed the State of Texas – and our nation – to achieve a level of unprecedented energy independence. With the expansion of liquefied natural gas (LNG) exports – an...
View ArticleIran Oil: Post-Sanctions Opportunities and Challenges
Iran, a country boasting the fourth largest oil and the second largest gas reserves in the world, has currently become one of the most prominent news topics – for example today’s election news...
View ArticleChina Demand Growth Prospects and Predictions
Despite concerns about the apparent slowdown in the growth rate of the Chinese economy, China’s crude oil imports rose to a record level in February 2016. The surprising increase countered predictions...
View ArticleIndian Energy Demand Driven by Emerging Middle Class
Amrita Sen and Anupama Sen with the Oxford Institute for Energy Studies have published an insightful paper entitled “India’s Oil Demand: On the Verge of ‘Take-Off’”. The authors argue that India could...
View ArticleLogistical and Physical Storage Constraints Have Outsize Effect On Crude Oil...
The price of crude oil currently drifts between the Scylla of uncertain physical supply demand balance and the Charybdis of speculative financial derivative products. Macroeconomic investors in...
View ArticleThe Future of South American LNG and Gas Infrastructure
Recently, we were able to analyze the 2016 status report from The International Group of Liquefied Natural Gas Importers (GIIGNL) regarding the advances of the industry of Liquified Natural Gas (LNG)...
View ArticleDistillate Market Volatility May Spark Oil and Gas Engine
U.S. distillate inventory, which includes diesel fuel, dropped unexpectedly in April, causing an oil price rally. Will future months see additional surprises? US Distillate Consumption Declined In 2015...
View ArticleOil Supply Disruptions and The Price Of Oil
Global crude oil supply has suffered significant disruption in recent weeks from sabotage in Nigeria, fires in Canada, and political failure in Venezuela, supporting a rise in prices to nearly $50 a...
View ArticleProduction Forecasting, Predictive Analytics, and Today’s Oilfield
Harnessing the power of Big Data is without a doubt the biggest driver of business success today. For different companies and in different industries the incentives and motivations are as varied as...
View ArticleIndia Undertakes Major Hydrocarbon Policy Initiatives to Attract Investment
India, the world’s third largest oil consumer, imports about 82% of its crude oil requirements, and meets just 18% of its demand through local sources. The Indian Government has introduced several new...
View ArticleNorth West Europe Enjoys Summer Drilling Upturn
The North West Europe region saw a bumper summer of exploration and appraisal drilling in 2017, with activity back up to a comparable level as prior to the oil price crash at the end of 2014 (see chart...
View ArticleIndia, Current Geophysical & Geological Surveys
Alphageo steaming ahead on National Seismic Programme 2D surveys with 16 crews Independent contractor Alphageo India Ltd is deploying no fewer than 16 seismic crews on separate surveys within the...
View ArticleZarara’s Planned Exploration Wells
Kenya – Pate 2 – L4 – Operator Zarara plans to start drilling in January 2018 Zarara Oil & Gas is expected to spud the Pate 2 appraisal well in January 2018. The environmental licences for the...
View ArticleWhy Oil and Gas Software Providers Need To Raise Their Game!
Whether mapping potential reservoirs, reviewing completions or nearby well production performance, or sourcing the latest rig and permit information, oil & gas software – for all its recent...
View ArticleThe Philippines – Paving the way forward in the South China Sea
China and the Philippines are reportedly on the cusp of reaching an historic agreement that is expected to re-open the hotly disputed and prospective South China Sea region for oil and gas exploration....
View ArticleEquatorial Guinea thinks big on LNG
On 8 May 2018, Noble Energy signed a Heads of Agreement (HoA) with the Equatoguinean Government, to supply gas to the Punta Europa LNG plant and the Alba Plant LPG facility, both located on Bioko...
View ArticleMay 2018 Bid Rounds & Fiscal Terms
During Q2 2018, 28 bid rounds were identified as ongoing offering over 725,000 square kilometres of E&P acreage worldwide. To date, during the quarter 17 bid rounds in 6 countries have opened and 7...
View ArticleBasins 2 Watch: Campos Basin Offshore Brazil – A Maturing Basin With A Lot of...
The Campos Basin in offshore Brazil has been explored and produced since the 1980s, making it a relatively mature basin with a known working hydrocarbon system. Primarily Petrobras has been the...
View Article