Latest Opinions


DW Monday: Super Pumas Grounded – Western Europe Heavy Helicopter Supply Scenarios

The fatal helicopter crash in April 2016 near Turøy, Norway, involving the H225 / EC225, has created uncertainty surrounding the future supply of Airbus's heavy aircraft. In spite of the European safety regulator's decision to lift the flight ban on the Super Puma models, the Super Pumas continue to ...

DW Monday


Posted 30 days agoOpinion > DW MondayHelicopters

Oil price, BP, I Solo Oil, And finally...

Oil price I always think that it is rather nice when the market appears to be thinking with one voice, particularly if G Sucks is on the other side. The feedback from the Opec meeting is overwhelming cynical with most so called experts writing the obituary of the whole organisation let alone thi ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceBPSolo Oil +2

Oil price, Northern Petroleum, Frontera Resources, And finally...

WTI $49.44 +$4.21, Brent $50.47 +$4.09, Diff -$1.03 -12c, NG $3.35 +4c Oil price So, the organisation got it together roughly as expected but is this an early Christmas present or trouble by Easter? As with any Opec agreement, particularly those burnished with gilt, the proof of the pudding i ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceNorthern Petroleumfrontera resources +1

Oil price, Range Resources, Aminex/Solo, And finally...

Oil price Whilst many commentators remain unconvinced, the oil price is tracking upwards and for the moment giving the deal the benefit of the doubt. A decent spin from the 1oth December non-Opec meeting should cement, at least for the time being the situation. Range Resources Range has annou ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceRange ResourcesAminex +4

Oil price, Shell, Plexus, EOG, Sundry-Faroe-Falcon-IOG- And finally...

Oil price Crude oil has drifted back in the last couple of days, production is obstinately high, reports yesterday that Opec output in November was up to 34.2m b/d and that Russia was up to 11.2m b/d. Add to that news of first Saudi Arabia and then Kuwait cutting prices to Asian customers and one ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceShellPlexus +4

Oil price, Faroe Petroleum, Jersey Oil & Gas, And finally...

WTI $45.23 -$1.85, Brent $46.38 -$1.86, Diff -$1.15 -1c, NG $3.32 n/c Oil price The day of the Opec meeting dawns and no one is quite sure of what the end of the day will bring. I guess that the market is slightly favouring a  deal of some sort without too much confidence, intransigence rules ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceFaroe PetroleumJersey Oil & Gas +1

Oil price, Victoria Oil & Gas, Hurricane Energy, Falcon Oil & Gas, And finally...

Oil price It is now officially squeaky bum time with  the Opec meeting starting on Wednesday and many potential strategies still being discussed. The non-Opec meeting scheduled for today has been suspended as the Saudis have apparently decided to ensure that the Opec house is in order before any ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceUKVictoria Oil & Gas +3

Oil price, Ithaca, Sound, SDX, Lamprell, Sundry-Egdon- And finally...

WTI $47.55 -41c, Brent $48.56 -44c, Diff -$1.01 +2c, NG $3.04 +1c Oil price The prices above are as at 0900 hrs this morning, what with Thanksgiving yesterday trade was thin. It might be today as well as we all gear up for Opec next week which might be as important a meeting as two years ago. ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceIthaca EnergySound Energy +4

Oil price, Europa/Union Jack, And finally…

WTI $47.49 +$1.80, Brent $48.90 +$2.04, Diff-$1.41 +27c, NG $2.95 +11c Oil price It's all going according to plan as world oil chiefs slowly come into line ahead of next weeks meeting.  Yesterday it was primarily the work of Iran who accepted that they would have to participate in at least ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > Europa Oil & GasUnion Jack Oiloil price

Oil price, Trinity Exploration & Production, EPI/PDF, Podcast VOG/HUR, And finally...

Oil price It is back to Vienna who are this weekend hosting the Opec/Non-Opec meetings which the market will hope confirms their part of the recent bargain. Yesterday the market was in believing mood as Russia said it would cut, as did Azerbaijan, others may be a touch more recalcitrant. Either w ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceTrinity Exploration & ProductionEPI +3

OPEC. Lessons on the Oil Pudding

The price of Brent has gone up and we can expect an increase concerning other commodities. At sight if this agreement sticks and shale oil in the US is not increased we can really see smiles on oil producing countries including Russia. OPEC has shown in the past that it can unravel markets, bicke ...

Hilton Hannibal - Oil Political Diligence


Posted 1 month agoOpinion > OPECoil priceAbu Dhabi National Oil Company ADNOC

Changing the way drilling engineering work gets done

Technology's paradigm shift Until a decade ago, primary consumers of technology in the oil and gas industry were buddy-buddy relationships and/or central teams which drove the agenda for where dollars were invested and how innovation happened. Fast forward to today where a typical large enterpr ...

amit mehta


Posted 1 month agoOpinion > MobilizeDrillingEngineering +1

OPEC in Crisis Meeting to Limit Oil Production

An important meeting took place in Vienna on Monday as oil producers looked to try and make a rescue deal which would place limits on the production of oil in order to try and rebalance the oil market prices. OPEC, the group who are accountable for around a third of the World's oil met up with t ...

Ben Barlow


Posted 1 month agoOpinion > OPECProduction

Oil price, Sound Energy, Providence Resources, Faroe Petroleum, CEO Interview, And finally...

WTI $47.96 -7c, Brent $48.95 -17c, Diff -$0.99 -10c, NG $3.03 +4c Oil price A very Happy Thanksgiving to the many readers over the pond.... If I had written a blog yesterday the oil price piece might have said that the Opec technical committee had proposed that a 4-4.5% cut excluding Nigeria ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > oil priceSound EnergyProvidence Resources +2

Encana cuts debt by largest amount for E&P TSX companies in past year

Debt reduction has been a hot topic in past year in Canada, as companies adapted to a lower-for-longer price environment. Out of 70 domestic and international producers listed on the TSX, Q3 2016 data available in CanOils reveals that Encana Corp. (TSX:ECA) has cut debt by the largest monetary val ...

Mark Young


Posted 1 month agoOpinion > Canadae&ponshore +2

Oil price, Sound Energy, Independent Oil & Gas, David Morrison, And finally...

Oil price The fact that the prices above, being the Friday night close, are out of date by well over two dollars indicates that the meeting in Vienna on Saturday between Opec and Non-Opec countries was deemed to be a success. As I write, WTI is $54.09 and Brent is $56.77, indicating that for the ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > Malcy's Blogoil priceSound Energy +1

Upstream M&A in Canada exceeds Cdn$1.5 billion in November 2016

The value of November's announced M&A deals in the Canadian E&P sector totalled just over Cdn$1.5 billion – a sum almost identical to the equivalent total recorded in October. The full CanOils review of November upstream deal activity can be downloaded here. This month, however, it was more than j ...

Mark Young


Posted 1 month agoOpinion > upstreamCanadamergers +7

A tough year for service companies, but OPEC cuts help the shale exposed

2016 has been a tougher year for most service companies than 2015, and revenues have continued to fall as much as 27% when compared to 2015 on average. Companies exposed to onshore North American activity have seen their revenues diminish even more. While 2015 was the year that service companies ...

Julia Weiss


Posted 1 month agoOpinion > Rystad EnergyOPEC

Oil price, Shell, Petrofac, Sound Energy, And finally...

Oil price Traders told me yesterday that the market was looking to have a correction so when the EIA inventory stats came out, although initially pleasing, they found some dirt. That was in the fact that although there was a useful draw of 2.6m barrels, better than forecast and the API number it ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > Malcy's BlogShellSound Energy +1

Amerisur Resources, Pantheon Resources and Thalassa Holdings

Amerisur Resources An update from john Wardle in Colombia this morning which is a bit mixed but with no fundamental problems. The near term production target of 7,200 b/d scheduled to be reached at the end of this year has been put back by a quarter in 1Q 2017, a number of social issues have take ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > Amerisur ResourcesPantheon ResourcesThalassa Holdings +1
Last fetch 1/19/2017 8:32:46 AM