Latest Opinions


Reactions to Delaware Basin News Shows Misunderstanding of Petroleum Economics by Dr. Daniel Fine

News of the size of oil reserves in the Delaware Basin (New Mexico's share of the Permian) while OPEC was deciding how many barrels it will cut from the world market to lift prices caused epic confusion – and revelations of how little “authorities” and the media understand petroleum economics. The ...

Will Fine


Posted 6 months agoOpinion > OPECNon-OPECNOPEC +91

Analysis: Things are flat in the Permian, and there's a push for renewables in Santa Fe by Dr. Daniel Fine

The Permian-Delaware Basin rig count should start falling as oil operators, large and small, are flat for 2019. Spending has been sharply reduced as supply now dominates the A.I. (Artificial Intelligence) used by many commodity traders in oil.    The large or integrated oil companies have all the ...

Will Fine


Posted 5 months agoOpinion > Santa Felatest oil and gas newsNew Mexico +69

The 10 largest upstream impairments recorded in U.S. oil & gas in 2016

Impairments and write-downs in the U.S. oil and gas industry were brought right back into focus by ExxonMobil's admission in October 2016 that it might have to write-down the value of some of its E&P assets around the world. ExxonMobil, in what would be a significant change in accounting policy, ...

Mark Young


Posted 2 years agoOpinion > Evaluate EnergyUnited States2016 +2

3 Ways The Oil Industry Will Be Hit By the Iran Sanctions

Unilateral U.S. sanctions on Iran, which came into force this week, will hit the country hard, of that there can be no doubt. The sanctions affect trade in dollars, gold, steel and aluminium, and in November the restrictions will be extended to include Iran's oil trade . But what are the possible ...

Scott Johnson


Posted 11 months agoOpinion > Iraniran sanctionsSanctions +5

Will 2018 see an oil race between the U.S. and Russia?

Things are looking up in the global oil market. The market is rebalancing and oil prices are rising. Pushed up by protests in Iran, supply cuts by OPEC and Russia, and the return to full operations of the Forties pipeline system in the North Sea, oil prices posted their strongest opening to a year s ...

Scott Johnson


Posted 1 year agoOpinion > Oiloil priceOPEC +2

Gold and Oil Investments under Trump: What to Expect

Thinking hard about investing in gold or in an oil ETF ? Then the first thing to consider is the new administration in town. Trump has thrown a new level of uncertainty into the markets, so no one is really sure what to expect. Keeping up with what the Trump administration is planning will be impor ...

Lear Capital - Lear Capital


Posted 2 years agoOpinion > Price of Goldgold prices todayBuy Gold +5

Doubling down on the supply chain: How some West Texas producers are facing headwinds from increased complexity resulting in decreased cash operating costs / barrel

By Tony Planos, Vice President Oil & Gas, Maine Pointe Since 2009, we've seen US production of oil & gas double to over 10MMBPD and, according to the EIA, we're on our way to 15MMBPD by 2025. Production in Texas alone has seen volumes increase to over 5MMBPD. This has created a number of logisti ...

Tony Planos


Posted 27 days agoOpinion > West TexasMaine PointePermian Basin +14

Trump Could Fuel A Nuclear Energy Boom In 2017

By James Stafford of Oilprice.com With Trump at the helm, sentiment gives way to practicality in the energy industry. For the vast untapped potential of the nuclear energy industry and the uranium that feeds it, this could contribute to a market-disrupting revival that no longer bows to fear and ...

Oilprice Staff


Posted 2 years agoOpinion > Donald TrumpNuclear2017

Former Oil Industry Executive Urges Industry to Clean Up its Climate Plans

Bill Hafker, a former ExxonMobil executive recently discussed the oil and gas industry to US media and how it can address the issues of climate change. The oil and gas industry currently account for approximately fifty percent of global carbon emissions. Industry experts have indicated that in ord ...

Grace Kimberley


Posted 1 year agoOpinion > ExxonMobilParis Climate Agreement

OPEC cuts; shale positioned to grow with offshore continuing to be the victim

With the announced OPEC cut of 1.2 million bbl/d yesterday, Rystad Energy expects that global liquid production to remain at current levels into next year. At the same time, demand is expected to grow by around 1.3 million bbl/d. This means that the large amount of stored oil will decline considerab ...

Julia Weiss


Posted 2 years agoOpinion > OPECShaleOffshore +2

2016 review: A winning year for shale

North American shale development has been a clear winner during 2016 despite the low oil price during the year. Shale operators managed to increase efficiencies during the year, with wells producing larger volumes at lower costs. This has resulted in a very resilient shale oil production in the US, ...

Julia Weiss


Posted 2 years agoOpinion > 2016ShaleRystad Energy

Unconventional Multi-Frac Wells – Reservoir Characterisation and Optimising Flowback Operations

A customer wanted to test two different lithologies and compare the performance of both, in the gas window of the Neuquén Basin, in Argentina. For that reason, a slanted two-horizon target well was drilled, distributing 10 stages in the upper zone, and 10 stages in the lower zone. The intermediate z ...

Callum Grieves


Posted 1 year agoOpinion > ReservoirReservoir AnalysisFracking +2

SENER publishes upstream pipeline rules

Late 2016 and 2017 will be a crucial time for Mexico's energy reform to turn from a mere agenda to actions including completion of the liberalization of the upstream pipeline system. CENAGAS just held the first open season for SISTRANGAS pipelines with results coming in January 2017. CENAGAS will ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > PlattsSENERMexico +2

Mexico turns to the Jurassic era for shale oil: Fuel for Thought

Mexico's plans to develop its shale oil resources have finally taken a step forward following years of largely fruitless efforts by the state owned company Pemex. Canada's Renaissance Oil and Russia's Lukoil are joining forces to develop the Amatitlan block of the Chicontepec region. They aren't ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > PlattsMexicoShale

Dakota Access Pipeline races to start moving Bakken crude

Oil will likely flow through the Dakota Access Pipeline under Lake Oahe in North Dakota early next week. Barring any more twists or turns — and there have been plenty in the last seven months of this project — the contentious 470,000 b/d crude oil pipeline will start commercial service very soon t ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > PlattsDakota Access PipelineBakken crude
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