Blogs

Permian - update through May 2019

This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well. These interactive presentations contain the latest oil & gas production data from all 22,473 horizontal wells in the Permian (Texas & New Mexico) that started producing from 2008/2009 onward, through May 2019. The chart above

shaleprofile

shaleprofile

Pennsylvania - update through June 2019

This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well. This interactive presentation contains the latest gas (and a little oil) production data, from all 9,023 horizontal wells in Pennsylvania that started producing from 2010 onward, through June. Oil production in North Dakota set a new

shaleprofile

shaleprofile

 

Iran Is Winning Big In The Middle East

With U.S. sanctions having successfully reduced Iranian oil exports to near-zero, one might think that the Islamic Republic would be on the brink of collapse. The reality, however, is that Iran has managed to build alliances across the Middle East that can be seen as a real coup in its geopolitical struggle against Saudi Arabia and the U.S. 

Dr.Masih Rezvani

Dr.Masih Rezvani

Latest Brexit News - Crisis Deepens In the UK

Global News: Giving Wall Street banks one of its biggest victory under the Trump administration, two US banking regulators on Tuesday approved the final version of the Volcker Rule, which banned banks from trading on their own account, even as proposed changes have been criticized for fear of new systemic risks. Concerns over impending Brexit, the political crisis in Italy and prospect of more central bank easing boosted demand for government bond, sending Treasury yields lower on Tuesday. Weigh

J

JohnSmithKalk

North Dakota - update through June 2019

This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well. These interactive presentations contain the latest oil & gas production data from all 14,948 horizontal wells in North Dakota that started production from 2005 onward, through June. Oil production in North Dakota set a new record i

shaleprofile

shaleprofile

 

The price of oil: How is it determined?

The oil price is not only relevant for insiders in the oil industry. It is important for the entire economy; politicians and central banks keep their eye on it. But how is the price of oil actually determined? Like every price, the price of oil is a result of the interplay between supply and demand. Plus, there is the economic environment which can lead to longer-term changes. An overview of the key factors: The supply There are different oil grades and countries where these are pr

Dr.Masih Rezvani

Dr.Masih Rezvani

US - update through April 2019

This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well. ----- These interactive presentations contain the latest oil & gas production data from 112,550 horizontal wells in 12 US states, through April 2019. Cumulative oil and gas production from these wells reached 11.3 billion bbl and 1

shaleprofile

shaleprofile

 

China and Hong Kongers locked in psychological battle

Who will blink first? This question is in the minds of both pro-democracy supporters in Hong Kong and Beijing. Both sides have dug in their heels while the life in the city of Hong Kong stands paralyzed. The attempt to subjugate the rival camp is underway as there is no apparent sign of any breakthrough in the ongoing logjam. Beijing and champions of freedom are not only  engaged in battle on the streets of city of Hong Kong but are also fighting each other psychologically by stretching the time

Straight Talk

Straight Talk

Smoke and Mirrors in the Strait of Hormuz

Global Energy Advisory – 7th August 2019   Smoke and Mirrors in the Strait of Hormuz Iran has seized another ship in the Persian Gulf. That makes three such seizures in a month. Iran claims the ship was smuggling fuel to Arab states, and was suggesting that the tanker was Iraqi, which Baghdad denies. Seven crew members were on board, and are now detained, according to Iranian news agencies. In all likelihood, the small vessel was, indeed, smuggling fuel, but Iran is interested presently in

Dr.Masih Rezvani

Dr.Masih Rezvani

 

Why is oil priced and traded in U.S. dollars?

Why is oil priced and traded in U.S. dollars? Why is oil priced and traded in U.S. dollars? Oil is priced in dollars because through Bretton Woods the dollar was pegged to gold and everything else was essentially pegged or floated to the dollar. The world was flooded with dollars after WWII which partially led to the present American consumerism, but it also enabled the world to essentially use the dollar as they would gold. Reserves soon played a role and in order to maintain stability the

Dr.Masih Rezvani

Dr.Masih Rezvani

 

World Oil Market Outlook in Year 2019

World Oil Market Outlook in Year 2019 There is no peace in the oil .  During the three months from October to December at last year, North Sea Brent oil prices fell 40%  down from $86 to $ 50, and then, in just two weeks, on the eleventh day of the New Year , move up to $61.  Such sharp fluctuations indicative of significant developments awaiting the international economy in particular in the global oil market These fluctuations first raised questions about the reasons for the oil price rise

Dr.Masih Rezvani

Dr.Masih Rezvani

Colorado & Wyoming - update through April 2019

Colorado & Wyoming - update through April 2019 This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well. --- These interactive presentations contain the latest oil & gas production data from all 10,717 horizontal wells that started production in Colorado and Wyoming from 2009/2010 onw

shaleprofile

shaleprofile

Eagle Ford – update through April 2019

Eagle Ford – update through April 2019 This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well. --- This interactive presentation contains the latest oil & gas production data from all 22,792 horizontal wells in the Eagle Ford region, that have started producing from 2008 onward, through

shaleprofile

shaleprofile

Permian – update through April 2019

Permian – update through April 2019 This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well. These interactive presentations contain the latest oil & gas production data from all 21,872 horizontal wells in the Permian (Texas & New Mexico) that started producing from 2008/2009 onward, t

shaleprofile

shaleprofile

Pennsylvania – update through May 2019

Pennsylvania – update through May 2019 This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well. This interactive presentation contains the latest gas (and a little oil) production data, from all 8,967 horizontal wells in Pennsylvania that started producing from 2010 onward, through May.

shaleprofile

shaleprofile

North Dakota – update through May 2019

These interactive presentations contain the latest oil & gas production data from all 14,814 horizontal wells in North Dakota that started production from 2005 onward, through May. Visit ShaleProfile blog to explore the full interactive dashboards Oil production in North Dakota was flat for the 2nd consecutive month, at 1.39 million bo/d, just below the record high in January (1.40 million bo/d). In May, 111 horizontal wells came online, 2 more than a year earlier.

shaleprofile

shaleprofile

US - update through March 2019

These interactive presentations contain the latest oil & gas production data from 111,702 horizontal wells in 12 US states, through March 2019. Cumulative oil and gas production from these wells reached 11.1 Gbo and 128 Tcf. Arkansas, which we’ve recently added to our data platform, is included as well. West Virginia is deselected in most dashboards, as it has a greater reporting lag for many horizontal wells. Oklahoma is for now only available in our subscription services. Visit S

shaleprofile

shaleprofile

Eagle Ford - update through March 2019

This interactive presentation contains the latest oil & gas production data from all 22,637 horizontal wells in the Eagle Ford region, that have started producing from 2008 onward, through March 2019. Visit ShaleProfile blog to explore the full interactive dashboards March oil production came in at about 1.3 million bo/d, after upcoming revisions, 5% higher than a year earlier. Natural gas production is still hovering at a level close to 6 Bcf/d (switch ‘Product’ to

shaleprofile

shaleprofile

Permian – update through March 2019

These interactive presentations contain the latest oil & gas production data from all 21,384 horizontal wells in the Permian (Texas & New Mexico) that started producing since 2008/2009, through March 2019. Visit ShaleProfile blog to explore the full interactive dashboards Oil production from horizontal wells in the Permian set another record in March, at over 3.2 million bo/d, even before upward revisions. As the blue areas indicate, in March more than 2/3rd of t

shaleprofile

shaleprofile

Marcellus (PA) – update through April 2019

This interactive presentation contains the latest gas (and a little oil) production data, from all 8,915 horizontal wells in Pennsylvania that started producing from 2010 onward, through April. Visit ShaleProfile blog to explore the full interactive dashboards With March revisions in, it has become clear that another record was set, at 18.4 Bcf/d. April natural gas production was at a similar level. New wells recover on average more than 4 Bcf of gas in the fi

shaleprofile

shaleprofile