Latest Opinions


Total U.S. Natural Gas Stocks End Refill Season at Lowest Level in 13 Years

Source: U.S. Energy Information Administration, Natural Gas Monthly and Weekly Natural Gas Storage Report Note: Data for October 31, 2018, are an interpolated value based on the Weekly Natural Gas Storage Report . Working natural gas in underground storage in the Lower 48 states as ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > EIAEnergy Information Administration EIAUnited States +5

Breaking the Mould: the Need for New Technology to Expedite and Enhance Current P&A Processes

Over the next decade, 1,400 oil and gas wells are forecast to be abandoned on the UK Continental Shelf, at a cost of around £7 billion; a huge financial burden and an equally huge opportunity for innovation. Plugging and abandonment (P&A) is one element of the decommissioning process which certain ...

David Stephenson


Posted 1 year agoOpinion > Decommissioningplugging and abandonmentDrilling +3

Asia to Dominate Global LNG Regasification Capex and Capacity Additions to 2022, says GlobalData

Asia is expected to be the major contributor to the growth of global liquefied natural gas (LNG) regasification capacity between 2018 and 2022, accounting for around 62% of the total global growth, according to GlobalData , a leading data and analytics company. The company's report: 'H2 2018 ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > AsiaLNGLiquified Natural Gas +1

Oil Price, Sound, Echo, Zenith, Faroe/Cairn, Premier, Wentworth, Enteq, and Finally…

WTI $56.25 +56c, Brent $66.12 +65c, Diff -$9.87 +9c, NG $4.84 +74c Oil Price A modest rally in crude yesterday but at one stage it was way better, a two dollar rise was eaten into and although today is better again there is little trust in the commodity at the moment. Having said that, word c ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > MalcyMalcysMalcy's +10

Rystad Energy: Middle East Driving Global Growth in Conventional Oil Output

Middle Eastern oil production is expected to grow by 2.7 million bpd by 2025, according to latest Rystad Energy analysis. The boost in conventional oil output from the Middle East is primarily driven by supply additions from Iraq with 1.5 million bpd growth, and an additional 1.2 million bpd mainly ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > Rystad EnergyMiddle EastOil +5

Rystad Energy: Outlook for the Global Drilling and Well Services Market

Driven by higher activity, the drilling and well services market is on a growing trend across all service segments. More than 72,000 wells are expected to be drilled and completed in 2019, representing a 3% growth compared to 2018. Looking back at the downturn, well completion activity was at it ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > DrillingwellRystad Energy +2

U.S. Crude Oil and Natural Gas Production Increased in 2017, With Fewer Wells

Source: U.S. Energy Information Administration, U.S. Oil and Natural Gas Wells by Production Rate Note: Annual production estimates shown here are based on data from DrillingInfo and may differ from official estimates published in EIA's Petroleum Supply Annual 2017 and Natural Gas An ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > EIAEnergy Information Administration EIAUnited States +5

Oil Price, Faroe Petroleum, Jersey Oil & Gas, and Finally…

WTI $55.69 -$4.24, Brent $65.47 -$4.65, Diff -$9.78 -41c, NG $4.10 +31c Oil Price Another bad day at the office, primarily led by the Opec monthly report which cut demand forecasts, even the much touted 100m b/d demand figure has been pushed back to 3Q 2019. The Opec meeting is 3 weeks tomorr ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > oil priceFaroe PetroleumJOG +6

2019 Game Plan for Texas Oil & Gas Firm 'Remains on Track

A Raymond James report discussed what to expect, operationally and financially, from this energy company next year. John Freeman, a Raymond James analyst, reported that Oasis Petroleum Inc. (OAS:NYSE) "delivered an in line Q3/18 despite temporary issues hampering gas production" and the c ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > Raymond JamesTexasOil +7

Oil and Gas Firm Has Success with Second Thailand Appraisal Well

This Alberta-based energy company is ready to move to well production testing. Pan Orient Energy Corp.'s (POE:TSX.V) appraisal well L53-DD2 encountered about 32 meters (32m) of net oil pay within four distinct sandstone reservoirs between the true vertical depth of 1,044 and 1,105m, the co ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > OilgasStreetwise Reports +7

Renewable Diesel is Increasingly Used to Meet California’s Low Carbon Fuel Standard

Source: U.S. Energy Information Administration, based on California Air Resources Board Renewable diesel net supply to California's fuel market has increased since the state's Low Carbon Fuel Standard (LCFS) program went into effect in 2011, reaching 100 million gallons during the second qua ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > renewablesDieselCalifornia +6

Upstream Oil and Gas M&A and Capital Raising Values Totalled $80.9bn in Q3 2018, says GlobalData

A total of 362 deals with a combined value of US$80.9bn were registered in the upstream oil and gas industry in Q3 2018, according to GlobalData , a leading data and analytics company. Of the total value, US$44.5bn was registered in mergers and acquisitions (M&A) in Q3 2018, representing a sign ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > upstreamo&gOil +4

Oil Price, President, Hurricane, Reabold/Upland/United, Providence, Velocys, and Finally…

WTI $59.93 -26c, Brent $70.12 -6c, Diff -$10.19 +20c, NG $3.79 +7c Oil Price The rally that started yesterday morning failed to take any hold and oil prices ended down on the day and today has started weak again. There is little doubt that the December 6th meeting is going to be crucial as th ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > oil pricePresident EnergyHurricane Energy +10

Oil Price, Rockhopper, Jersey Oil & Gas, Zenith Energy, and Finally…

WTI $60.19 -48c, Brent $70.18 -47c, Diff -$9.99 +1c, NG $3.72 +18c Oil Price Another poor week for oil, after what was intended to be a good start with sanctions coming into place on Monday there were more waivers than expected from the US who weren't as brutal as they had threatened to be. W ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 year agoOpinion > oil priceRockhopperRockhopper Exploration +7

Oil & Gas Firm Closes Funding for First San Andres Horizontal Well

With this transaction, the energy company ventures into new geologic territory. Amazing Energy Oil & Gas Co. (AMAZ:OTCQX) closed on a funding transaction in which Joint Venture Working Interest Partners will pay 100% of drilling and completion costs of a horizontal San Andres well. In re ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > San AndresOilgas +4
Last fetch 12/8/2019 12:44:25 PM