Art Berman

artberman

Company

The Petroleum Truth Report


Website

http://www.artberman.com/


Bio

Arthur E. Berman is a geological consultant with thirty-seven years of experience in petroleum exploration and production. He currently is consulting for several E&P companies and capital groups in the energy sector. He frequently gives keynote addresses for investment conferences, boards of directors and professional societies. He is often interviewed about energy topics on television, radio, and national print and web publications including CNBC, CNN, CBC, BNN, OilPrice.com, Bloomberg, Platt’s, Financial Times, and New York Times.He is a Director of ASPO-USA (Association for the Study of Peak Oil & Gas USA). He was a Managing Director and frequent contributor at The Oil Drum, and is an associate editor of the AAPG (American Association of Petroleum Geologists) Bulletin. He was past Editor of the Houston Geological Society Bulletin (2004-2005) and past Vice-President of the Society (2008-2009).He has published more than 100 articles on geology, technology, and the petroleum industry during the past 5 years. Publication topics include petroleum exploration, oil and gas price trends and cycles, petroleum play evaluation, sequence stratigraphy, coastal subsidence, earthquakes, tsunamis, and petroleum geopolitics. He has published more than 20 articles and reports on shale gas plays including the Barnett, Haynesville, Fayetteville, Marcellus, Bakken and Eagle Ford shales.During the past four years, he has made more than 50 presentations to energy sector boards of directors and executive committees, financial analyst conferences, oil & gas association meetings, and engineering and geological society meetings. He worked 20 years from Amoco Corporation (now BP p.l.c.) and has been an independent consulting geologist for 17 years.He has an M.S. (Geology) from the Colorado School of Mines and a B.A. (History) from Amherst College.


User Tags
No tags selected yet.

More items from artberman


Strong Natural Gas Prices And Tight Supply In 2017

A year ago, most analysts were bearish about natural gas prices.    I wrote that natural gas prices might double and they did. Today, most analysts are again bearish about gas prices and again, I think that they are probably wrong at least for 2017. The mainstream narrative  is that new pipeline ...

Art Berman - The Petroleum Truth Report


Posted 9 days agoOpinion > Art BermanThe Petroleum Truth Reportnatural gas

Oil Prices Plunge To Where They Should Be

WTI oil prices plunged to almost $45 per barrel yesterday (Figure 1). That was a downward adjustment to where prices should be based supply, demand and inventory fundamentals. Figure 1. Oil Prices Are Testing a $45 Floor. Source: EIA, CBOE, Bloomberg and Labyrinth Consulting Services, Inc. Ana ...

Art Berman - The Petroleum Truth Report


Posted 17 days agoOpinion > Art BermanThe Petroleum Truth Reportoil price

OPEC Production Cuts and The Long Road To Market Balance

Global oil inventories are falling because of OPEC and non-OPEC production cuts but the road to market balance will be long. Production cuts have removed approximately 1.8 million barrels per day (mmb/d) of liquids from the world market since November 2016 (Figure 1). Figure 1. OPEC-NOPEC Have ...

Art Berman - The Petroleum Truth Report


Posted 1 month agoOpinion > The Petroleum Truth ReportArt BermanOPEC

Low Break-Even Prices Are For Everyone–Not Just Shale Companies

Shale companies have pushed break-even oil prices below $40 per barrel—but so have major oil companies. Analysts commonly portray cost reduction as something unique to the tight oil companies. Data from annual reports filed with the U.S. SEC (Securities and Exchange Commission) suggests otherwise. ...

Art Berman - The Petroleum Truth Report


Posted 1 month agoOpinion > Art BermanThe Petroleum Truth ReportShale +1

Shale Cost Reductions Are 10% Technology and 90% Industry Bust

I am tired of hearing about the unbelievable impact of technology on collapsing U.S. shale production costs. The truth is that these claims are  unbelievable. The savings are real but only about 10% is from advances in technology. About 90% is because the oil industry is in a depression and oil fi ...

Art Berman - The Petroleum Truth Report


Posted 2 months agoOpinion > Art BermanThe Petroleum Truth ReportShale +1
All posts from artberman