Julia Weiss

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Utica production declines in 4Q 2016, but early 2017 recovery seems realistic

The latest published well production data from the Ohio Department of Natural Resources (ODNR) suggests that shale gas production in Ohio contracted by 180 MMcfd in 4Q 2016, with only 58 new wells turned in line. This represents a 54% YoY decline in activity compared to 4Q 2015, with rather flat dev ...

Julia Weiss


Posted 1 day agoOpinion > ShaleUticaRystad Energy

Recent Russian oil production data confirms delayed compliance from minor producers

Russian oil output averaged 11.11 million bbl/d in February 2017, representing no further output reductions relative to the January 2017 level. Since the early December 2016, the Russian government has been reassuring the industry that the country will reach the production cut target of 300 kbbl/d ...

Julia Weiss


Posted 9 days agoOpinion > Rystad EnergyRussiaCompliance

Wood Group’s Acquisition of AMECFW will create a dominant player in a fragmented market

  Today, Wood Group announced the acquisition of Amec Foster Wheeler. This merger will create a clear market leader within the engineering and MMO-market, with a market share twice as large as its competitors. With a combined workforce of 64,000, it will rank as one of the top 15 oilfield service ...

Julia Weiss


Posted 9 days agoOpinion > Rystad EnergyWood Group

FID or no FID

When is a final investment decision (FID) not a FID? When it's an internal FID. A commentary by Readul Islam, Senior Analyst, Rystad Energy Large upstream projects are more often delivered by a group of partners rather than a single 100% owner. This spreads project risks and can also make it ...

Julia Weiss


Posted 1 month agoOpinion > Rystad EnergyFIDfinal investment decision

Projected 2017 FID in Australia & South East Asia to be 512 mmboe, 75% lower than 2016 volumes

Rystad Energy forecasts projects holding 512 mmboe of recoverable liquids and gas resources could potentially reach final investment decisions (FIDs) within Australia & South East Asia during 2017. After 2016's heavy gas binge (88%), 2017 sanctions are assessed to have a slight liquids flavor (58%) ...

Julia Weiss


Posted 1 month agoPress > Rystad EnergyAustraliaSouth east asia
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