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Has tight oil put ‘peak oil’ to rest? Not so fast: Fuel for Thought

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 reserve modeling of the day. Pondering the potential repercussions of Peak Oil for the f ...

OilVoice Press - OilVoice


Posted 3 years agoOpinion > Tight OilPeak OilPlatts

Risers, umbilicals and flexibles

Explaining the different types, their uses, design, installation methods and operational considerations, this four day course also covers integrity management activities to inspect and maintain equipment and efficient operations. Can't make these dates? We also offer this course online. Learn more ...

Jee Training


Houston   TX   US 21 Mar 2017


Posted 3 years agoTraining > subsea pipelinespipeline installationSpecialist Subsea Services +7

Pigging and plugging

Ideal for subsea pipeline and integrity engineers, this course will help you understand the different types of pipeline pigs and plugs and their functionality. The tutor will explain the latest theories on improving reliability and accuracy of pigging, for both cleaning and inspection purposes. Ana ...

Jee Training


Houston   TX   US 02 May 2017


Posted 3 years agoTraining > subsea piggingSpecialist Subsea ServicesSubsea +13

Crude oil prices increased in 2016, still below 2015 averages

Source: U.S. Energy Information Administration, based on Thompson Reuters Crude oil prices ended the year above $50 per barrel (b). Although the annual average West Texas Intermediate (WTI) crude oil price in 2016 was $43/b—down $5/b from 2015—the WTI price ended 2016 at $53/b, $16/b higher th ...

OilVoice Press - OilVoice


Posted 3 years agoPress > Energy Information Administration EIAoil price

Subsea systems

This four day course will help you develop your knowledge of subsea equipment, market drivers and issues affecting subsea production. Demonstrating how subsea systems are integral to subsea production, the tutor will explain in detail system configurations, spoolpieces, trees, control systems, umbil ...

Jee Training


Houston   TX   US 06 Mar 2018


Posted 3 years agoTraining > Subsea systemssubsea productionsubsea configurations +9

Rethinking the WTI/gold ratio as oil fundamentals change

Maybe it's time to scrap these oil vs. gold comparisons. It's possible the historic relationship has collapsed into a new normal, and anybody trading an arbitrage expecting a return to the old norm might have a long, long wait. We first took a year-end look at the spread between oil and gold severa ...

OilVoice Press - OilVoice


Posted 3 years agoOpinion > PlattsGoldWTI +1

2017: The Year When the World Economy Starts Coming Apart

Some people would argue that 2016 was the year that the world economy started to come apart, with the passage of Brexit and the election of Donald Trump. Whether or not the “coming apart” process started in 2016, in my opinion we are going to see many more steps in this direction in 2017. Let me ex ...

Gail Tverberg


Posted 3 years agoOpinion > Gail Tverberg

Oil Prices Running Out Of Reasons To Rally

Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production. For the better part of two months, optimism surrounding the OPEC deal has buoyed oil prices, but bullish sentiment from speculators are showing early signs of abating, rai ...

Oilprice Staff


Posted 3 years agoOpinion > oilpriceoil price

DW Monday: Obama’s Legacy

As President Obama leaves the Oval Office on Friday, he leaves a legacy of mixed fortunes for the energy industry. While many in the business have been vocal critics of the 44 th President and some of his more controversial legislations, there have been a number of positive aspects that occurred u ...

OilVoice Press - OilVoice


Posted 3 years agoOpinion > DW MondayObamaDonald Trump

The Top 5 Places To Work In U.S. Oil And Gas

Anadarko Petroleum and Chevron have emerged as the top two employers in U.S. oil and gas, according to a survey conducted by the job site Indeed. The top five for the industry was completed by Plains All American at #3, Occidental Petroleum at #4, and Noble Energy at #5. Indeed said that it ran ...

Oilprice Staff


Posted 3 years agoOpinion > oilpriceAnadarko CorporationChevron Corporation +3

ExxonMobil to Acquire Companies Doubling Permian Basin Resource to 6 Billion Barrels

Companies' assets include 250,000 acres in highly prolific Permian Basin Adds more than 3.4 billion barrels of oil equivalent, of which 75 percent is liquids Upfront acquisition cost of $5.6 billion to be paid in ExxonMobil shares Exxon Mobil Corporation (NYSE:XOM) said today it will more than ...

OilVoice Press - OilVoice


Posted 3 years agoPress > ExxonMobilPermian Basin

With low oil prices in 2016, federal revenues from energy on federal lands again declined

Source: U.S. Energy Information Administration, based on Office of Natural Resources Revenue In fiscal year (FY) 2016, the U.S. government collected almost $6 billion in revenues from royalties, rental costs, and other fees from activities related to energy production on federal and American I ...

OilVoice Press - OilVoice


Posted 3 years agoPress > Energy Information Administration EIAoil price

Sky-Futures Training Academy USA Launches Part 107 Online Tutorial Course

Sky-Futures is rolling out an online tutorial course; the new course will enable persons and organizations in the US to pass the FAA's Part 107 exam. For the past two years, Sky-Futures has established a reputation for high quality training; Sky-Futures Training Academy (SFTA) alumni include Emer ...

David Gull


Posted 3 years agoPress > trainingOil & GasOil & gas USA +6

Strategic Petroleum Reserve sales expected to start this month

Source: U.S. Energy Information Administration, based on Strategic Petroleum Reserve Note: Volumes sold under the Bipartisan Budget Act of 2015 Section 404 are estimates based on an assumption of $50 per barrel. Yesterday the U.S. Department of Energy's (DOE) Office of Fossil Energy awarded c ...

OilVoice Press - OilVoice


Posted 3 years agoPress > Energy Information Administration EIA

Crude correlations about crude oil can shed light on changes

Statistical correlations are interesting things. One of my favorite websites, and now a book, is Spurious Correlations . The site's author looks at seemingly unrelated data sets that correlate in interesting ways. For example, there is a high degree of statistical correlation between the per capita ...

OilVoice Press - OilVoice


Posted 3 years agoOpinion > PlattsCrude
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