Cairn Energy


All posts for Cairn Energy

Cairn Energy swings to profit after Kraken begins producing oil

The ball appears to be rolling along quite nicely in Senegal. Cairn has upgraded the size of the estimated contingent proven and probable resource base at the SNE field there to approximately 563 million barrels of oil, up from a 473 million barrel estimate back in March. The more detailed product ...

Fiona Cincotta


Posted 30 days agoOpinion > 2017 Oil industry PredictionsCairn Energy

Oil price, Victoria Oil & Gas, Trinity, Sundry-Thalassa-EnQuest/Cairn-Touchstone-UKOG- And finally…

Oil price Those strange bedfellows of the USA, Nigeria and Libya continue to combine and spook the market and their increased production is making investors wobble. The rig count showed another 11 units on last week and the CFTC data showed a huge cut of 55m barrels to 160m barrels by the ‘money m ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > Malcy's BlogVictoria Oil & GasTrinity Exploration & Production +5

Oil price, Echo Energy, Cairn/FAR, Sundry-Ophir-Faroe-Various broadcasts- And finally…

Oil price Momentum seems to be the watchword in what is a particularly lethargic market at the moment, general blaming of Opec and Non-Opec production from Nigeria, Libya and the US is deemed to cover the situation. Whilst on those organisations it seems that Opec compliance in May was 108% and No ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > Malcy's BlogEcho EnergyCairn Energy +3

Cairn secures new licences in Mexico bid round

  Cairn is pleased to announce it has secured interests in two licences in the Mexico offshore bid round. The licences (one operated and one non-operated, covering ~1,100km2) are located in the Gulf of Mexico in the shallow water Sureste basin in water depths of 100-500metres and ~50km offshore:  ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Cairn EnergyMexicoGulf Of Mexico

Oil price, Hurricane, Cairn/FAR, Sound, Tullow, Sundry-Petrofac-Cycles analysis- And finally...

Oil price Another up day yesterday as the market's eyes turned to the EIA inventory stats following the rather disappointing API numbers the night before. Whilst the draw of 1.8m barrels was short of the 2.5m whisper it was enough to keep the bears at a distance. It will be worth watching the net ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 months agoOpinion > Malcy's BlogHurricane EnergyCairn Energy +4

Oil price, Cairn/FAR, Amerisur Resources, President Energy, Range Resources, Sundry – And finally…

Oil price I am just back from a trip to West Africa, Cameroon to be exact where I was fortunate to see the Victoria Oil & Gas operation in action and to visit Bomono and the Bowleven wells now mostly, part of VOG. Much more on that in due course but it is safe to say that I was most impressed w ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > Malcy's BlogCairn EnergyFAR +3

Cairn - Senegal Appraisal & Exploration Well result

  Cairn is pleased to announce the results of the VR-1 well offshore Senegal.  Rig performance continues to be excellent and operations have been safely and successfully completed ahead of schedule and under budget following the drilling and logging operations.   Cairn's analysis and integratio ...

OilVoice Press - OilVoice


Posted 5 months agoPress > Cairn EnergySenegalVR-1

Oil price, Cairn, Sound Energy, Providence, Sundry-EOG-Aminex-Northern Petroleum- And finally...

Oil price Still not much going on, the Saudi Oil Minister said that he sees the oil market ‘improving' but then he would, wouldn't he? The market is waiting on more Chinese data today and on the subject of data the API inventory stats showed a substantial build of 11.6m barrels which should that b ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > oil priceCairn EnergySound Energy +4

Oil price, AMEC/FW, Cairn/Far, And finally…

Oil price Markets are quieter than normal, not sure why, cant see that lot at CERA week can you? The Iraqi Oil Minister said yesterday that if there was a 2H rollover of the Opec agreement, and there probably would be, then his country would participate. Elsewhere the IEA suggested that US shale p ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > Malcy's Blogoil priceAMEC +3

Cairn - Senegal Appraisal Well result

  Cairn is pleased to announce the results of the SNE-5 appraisal well offshore Senegal where operations have been safely and successfully completed ahead of schedule and under budget following drilling, logging, drill stem testing and the setting of pressure gauges.   Cairn's analysis and in ...

OilVoice Press - OilVoice


Posted 6 months agoPress > Cairn EnergySenegal

Oil price, Lamprell, Thalassa Holdings, Sundry-Genel/GKP- Providence- Cairn/Far- And finally...

Oil price Very little change last week, indeed this time last week you could have closed the book and taken the week off. The usual voices pushing either way had no ammunition although the bears had a go on Friday after the rig count numbers to no avail, with oil units up 29 to 551 one might have ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 months agoOpinion > Malcy's Blogoil priceLamprell +5

Oil price, Tullow, Cairn, Cape, Velocys, And finally...

Oil price The above prices are slightly skewed as the US was shut for MLK day, I suspect that tomorrow will rearrange the order of things. I remain sceptical about bulls and bears sticking to their view, yesterday the Saudis said that after the May meeting the quotas may not need to be rolled over ...

Malcolm Graham-Wood - Malcy's Blog


Posted 8 months agoOpinion > Malcy's BlogTullow OilCairn Energy +2