Latest Opinions


Oil price, Faroe, SDX Energy, And finally…

Oil price Both the Saudi Oil Minister and the head of Saudi Aramco were on their hind legs at Dav-oh yesterday, the former saying that the US supply infrastructure was ‘decimated' and the latter confirming that the oil market would have re-balanced by the end of the first half. He also snuck in ...

OilVoice Press


Posted 20 hours agoOpinion > Malcy's BlogFaroe PetroleumSDX Energy

Marcellus shale sees massive resurgence in M&A activity

There was nearly eight times more invested in asset and corporate acquisitions in the Marcellus shale in 2016 than 2015, according to new analysis in Evaluate Energy's global M&A review for 2016 . Marcellus assets changed hands for a total of US$7.25 billion in 2016 – a massive increase on US$920 ...

Mark Young


Posted 21 hours agoOpinion > MarcellusShaleShale Gas +6

2016 offshore discovered liquids resources were 90% lower than in 2010

Rystad Energy concludes that the 2016 total offshore discovered liquids resources reached only slightly below 2.3 billion bbl, 90% lower than in 2010. This drop is most significant to the overall decline in discovered volumes; in fact, total global discovered volumes (oil & gas combined) are at an ...

Julia Weiss


Posted 23 hours agoOpinion > Rystad Energy

The Top 5 Places To Work In U.S. Oil And Gas

Anadarko Petroleum and Chevron have emerged as the top two employers in U.S. oil and gas, according to a survey conducted by the job site Indeed. The top five for the industry was completed by Plains All American at #3, Occidental Petroleum at #4, and Noble Energy at #5. Indeed said that it ran ...

Oilprice Staff


Posted 1 day agoOpinion > oilpriceAnadarko CorporationChevron Corporation +3

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 1 day agoOpinion > Malcy's BlogTullow OilCairn Energy +2

DW Monday: Obama’s Legacy

As President Obama leaves the Oval Office on Friday, he leaves a legacy of mixed fortunes for the energy industry. While many in the business have been vocal critics of the 44 th President and some of his more controversial legislations, there have been a number of positive aspects that occurred u ...

OilVoice Press


Posted 2 days agoOpinion > DW MondayObamaDonald Trump

African LNG: next wave potential

A string of new LNG projects in Australia, North America and Russia promise a growing surplus of LNG on international markets, making the timing of new Sub-Saharan African LNG projects difficult. Move too early and the offtake agreements will not be generous, with new projects feeding into an alr ...

OilVoice Press


Posted 2 days agoOpinion > PlattsLNGAfrica

Oil price, Trinity E&P, Andes Energia, And finally…

Oil price Another good day yesterday as news that the Saudis production was falling more than expected came out. With production now below 10m b/d they are clearly making up for any quota busters such as Iraq. Bears of the deal will clearly take it as bad news that the Saudis have to make up for o ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 days agoOpinion > Malcy's BlogTrinity Exploration & ProductionAndes Energia

The importance of using industry-specific software for reserves management

By Craig Burden & Doug MacDonald, aclaro softworks inc. Reserves management is a key part of oil and gas company operations. What used to be an annual or semi-annual process is now performed several times throughout the year, in order to give the clearest picture of a company's reserves. And yet, t ...

aclaro softworks inc. - aclaro softworks inc.


Posted 6 days agoOpinion > ReservesReserves ManagementReserves Audits

Oil Prices Running Out Of Reasons To Rally

Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production. For the better part of two months, optimism surrounding the OPEC deal has buoyed oil prices, but bullish sentiment from speculators are showing early signs of abating, rai ...

Oilprice Staff


Posted 6 days agoOpinion > oilpriceoil price

Oil price, SDX Energy, Ithaca, Faroe, Premier, Ophir, Wressle, And finally…

Oil price There are going to be a lot of weeks like this so get used to it! The Grand Old Duke of York would be proud of the ups and downs of the oil market mainly on the whim or rumour whirling around. Yesterday the good news was provided by the Saudis and the Russians who said that they were alr ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 days agoOpinion > Malcy's BlogSDX EnergyIthaca Energy +3

Oil price, Tullow, Sundry-Wood Group-President- And finally…

Oil price Another down day as one might expect, this process is going to take some time and it wouldnt be normal if a combination of greedy hedgies and short term ambulance chasers didnt knock the market some days. The last couple of days have been all about Iraq and the extent to which they are c ...

Malcolm Graham-Wood - Malcy's Blog


Posted 7 days agoOpinion > Malcy's BlogTullowWood Group +1

2017: The Year When the World Economy Starts Coming Apart

Some people would argue that 2016 was the year that the world economy started to come apart, with the passage of Brexit and the election of Donald Trump. Whether or not the “coming apart” process started in 2016, in my opinion we are going to see many more steps in this direction in 2017. Let me ex ...

Gail Tverberg


Posted 8 days agoOpinion > Gail Tverberg

68% of Canadian oil & gas companies will spend more in 2017

Following more than a year of cost cutting and spending reductions, early 2017 guidance in the Canadian oil and gas sector suggests that we will see a rebound in activity over the next twelve months. A far more stable oil price, as well as the past 18-months of adapting to a lower-for-longer prici ...

Mark Young


Posted 8 days agoOpinion > Production GuidanceCAPEXCanada +9

DW Monday: Baku to the Future

As we moved into the festive period last month, BP-operated AIOC and SOCAR were busy signing a letter of intent on the future development of Azerbaijan's Azeri-Chirag-Gunashli (ACG) project. The giant offshore development, known as the ‘Contract of the Century', began production in 1997 and peake ...

DW Monday


Posted 8 days agoOpinion > DW MondayAzerbaijanAzeri-Chirag-Gunashli

Despite OPEC Production Cut, Another Year Of Low Oil Prices Is Likely

An OPEC production cut offers oil producers hope for higher prices in 2017. But there is a dark cloud hanging over that expectation. Global storage inventories must be substantially reduced before higher oil prices can be sustained. Some of U.S. tight oil has nowhere to go but into storage because ...

Art Berman - The Petroleum Truth Report


Posted 8 days agoOpinion > Art BermanOPEC

Oil price, Amerisur, Petrofac, Sundry-Plexus-Genel-Aminex-Sound Energy-Chariot-Trinity- And finally…

Oil price The oil price was steady enough last week, a pretty good performance under all circumstances. It battled with a strong dollar probably likely to be made stronger, as the NFP numbers were low field but wage growth indicated some heat in the US economy that will likely be treated by rate r ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 days agoOpinion > Malcy's BlogAmerisur ResourcesPetrofac +5

Seismic is King?

“Seismic is King!” ... ... but are there any Princes? Seismic technology has dominated geoscience, and thus the Exploration and Exploitation businesses, throughout my career in oil & gas. And within it there continues to be remarkable innovation, led by companies such as PGS. Nevertheless the “all ...

David Bamford


Posted 9 days agoOpinion > Technology

Tillerson to face further Russia scrutiny this week

Note: Article originally written by Paul Harris, Glacier Media, and posted with permission. Former ExxonMobil CEO Rex Tillerson's track record in Russia will come under further scrutiny this week. Tillerson, who is Donald Trump's nominee for Secretary of State, will begin confirmation hearings w ...

Mark Young


Posted 9 days agoOpinion > tillersonExxonMobilRussia +7

Fixing Brent

Brent Market Discussion Note  9th January 2017  Contents The Problems with Brent. 3 Propping Up the Status Quo. 4 Kicking Away the Crutches- the Consilience Proposed Brent Methodology. 5 An Important Principle. 6 Quality Adjustment: the Current Problems. 6 Compensation for Quality Variations ...

Liz Bossley


Posted 9 days agoOpinion > BrentbenchmarkPlatts +2
Last fetch 1/19/2017 8:32:29 AM