GlobalData


All posts for GlobalData

Canada’s Large Price Discounts on Oil Sands Barrels to Persist Until New Pipeline Capacity is Added, Says GlobalData

Canada's existing oil pipeline and railway capacity is enough to support oil sands current exports but with little extra room for logistic constraints. Presently, there are at least three announced pipeline projects that will serve different markets and hence can support the diversification of expo ...

OilVoice Press - OilVoice


Posted 16 hours agoOpinion > CanadaOil SandsCanadian Oil Sands +3

New Mexican President Likely to Rein in, Not Reverse Energy Reform, Says GlobalData

Following the victory of Andrés Manuel López Obrador (AMLO) in Sunday's Mexican presidential election, Will Scargill, Senior Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the impact on the upstream sector: “AMLO has been a fierce critic of t ...

OilVoice Press - OilVoice


Posted 15 days agoOpinion > GlobalDataMexicoElection +2

Brazil’s 5th Pre-Salt Round Unlikely to Yield Blockbuster Bids, says GlobalData

Bids for the blocks offered in Brazil's 5 th pre-salt bid round, for which the official pre-announcement was published on Thursday, are unlikely to reach the high levels achieved in previous processes, according to  GlobalData , a leading data and analytics company. The bid round, scheduled t ...

OilVoice Press - OilVoice


Posted 18 days agoOpinion > BrazilPre-SaltGlobalData +10

US and Russia Dominate Global Capex on Planned Pipelines to 2022, Says GlobalData

The US and Russia will dominate global capital expenditure (capex) on planned major, trunk crude oil, petroleum products and natural gas pipelines during the outlook period 2018–2022, according to leading data and analytics company GlobalData. Canada, China and Nigeria will also be significant spen ...

OilVoice Press - OilVoice


Posted 19 days agoOpinion > United StatesUSRussia +5

Best Performing Wells in Permian Break-Even at as Low as US$22 per Barrel

During the last three years, companies operating in the Permian basin have drilled much longer laterals and used substantially more complex well completion design in their newer wells with the aim of reaching higher initial production (IP) rates. Well lateral lengths in the Permian have increased i ...

OilVoice Press - OilVoice


Posted 22 days agoOpinion > GlobalDatawellPermian Basin +3

OPEC Pledges to Raise Production to Satisfy 100% of Target Cuts, Says GlobalData

Following today's announcement that participants at the 174th Meeting of the OPEC Conference in Vienna have collectively agreed to increase production to 100% of targeted cuts, Joseph Gatdula, Senior Analyst for Oil & Gas at GlobalData , a leading data and analytics company offers his view on w ...

OilVoice Press - OilVoice


Posted 25 days agoOpinion > OPECProductionOil +2

Petronas-Sarawak Oil Dispute May Complicate Malaysian Regulatory Landscape, says GlobalData

The outcome of the federal court case brought by state-owned oil company Petroliam Nasional (Petronas) against the Sarawak state government's assertion of full regulatory control of Malaysia's upstream sector could complicate regulatory landscape, says leading data and analytics company GlobalDat ...

OilVoice Press - OilVoice


Posted 27 days agoOpinion > PETRONASSarawakGlobalData +4

Oil Sanctions on Venezuela No Longer Needed at Full Scale, Says GlobalData

On Monday 21 st May President Donald Trump signed a new executive order aimed at prohibiting certain oil related transactions with Venezuela. This new sanction package is, however, symbolic in comparison to the more targeted sanctions previously considered that would limit exports of Venezuelan cr ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > OilSanctionsGlobalData +2

Brazilian Presalt Continues to Deliver High Productivity Performance, Says GlobalData

Presently, ultra-deepwater Brazilian presalt prevails by delivering high productivity performance assurance to the industry expectations and to the government advantage, according to GlobalData , a leading data and analytics company. The top ten planned and announced presalt areas in Brazil wil ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > BrazilPresaltGlobalData +1

Nigerian National Petroleum Corporation Drives Sub-Saharan Africa Gas Production in 2021, says GlobalData

Sub-Saharan Africa's gas production will grow by 18 percent by 2021 to 9.1 billion cubic feet per day (bcfd). Nigerian National Petroleum Corporation will drive Sub-Saharan Africa's gas production with 34.2 percent share of all the production in 2021. Royal Dutch Shell Plc and Eni SpA follow with 1 ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > GlobalDataNigeriaNigeria National Petroleum +6

Cost Control is Key in Iraq’s New Contract Model, Says GlobalData

The winners of Iraq's latest bid round will need to keep costs low to achieve competitive returns compared to previous contracts, according to GlobalData , a leading data and analytics company. The country's first round since 2012 closed on April 26, with most major E&Ps staying away and only 6 ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > GlobalDataIraqCost Control +2

Postponements Lead to Fall in Planned Global Upstream Oil & Gas Projects to 2022, Says GlobalData

Analysis of the global upstream in March 2018 revealed that oil and gas production is expected to increase by 2.3 percent between 2018 and 2022. Globally, total production outlook is expected to increase to 60,997 million barrels of oil equivalent (mmboe) by 2022. The total production outlook in 20 ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > Oil & Gaso&gGlobalData +4

Over $9.9bn in Capex Will be Spent by Qatar-Focused Operators on Gas Projects to 2021, Says GlobalData

Over $9.9bn in capital expenditure (capex) will be spent by Qatar-focused operators on gas projects between 2018 and 2021 to ensure that country's production will remain around 18.1 billion cubic feet per day (bcfd) in 2021, according to GlobalData , a leading data and analytics company. Qatar ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > QATARgasGlobalData +3

Over $180bn Will be Spent on 88 Upcoming Oil and Gas Fields in Africa to 2025, Says GlobalData

Over $180bn will be spent on 88 upcoming oil and gas fields between 2018 and 2025. Capital expenditure (capex) into Africa's conventional oil, heavy oil and unconventional oil projects will add up to $88bn, $2bn and $3bn respectively over the eight-year period, according to GlobalData , a leadin ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > GlobalDataOilgas +4

Over $142bn Will be Spent on 97 Upcoming Oil and Gas Fields in North America to 2025, Says GlobalData

Over $142bn will be spent on 97 upcoming oil and gas fields between 2018 and 2025. Capital expenditure (capex) into North America's conventional oil and gas projects will add up to $91bn and $2.9bn, respectively over the eight-year period, with $82.6bn of capex contributing from the offshore fields ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > North AmericaOilgas +6