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Without production , we can neither provide people with employment opportunities nor possess the goods and services that we are in need of.
These interactive presentations contain the latest oil & gas production data from 115,629 horizontal wells in 12 US states, through July 2019. Cumulative oil and gas production from these wells reached 11.9 billion bbl and 136 Tcf of natural gas. Ohio and West Virginia are deselected in most dashboards, as their production data is less current. Oklahoma is for now only available in our subscription services.
July oil production was again at a record level, at well over 7 million bo
The main methods used to help forecast oil prices include futures prices, fundamentals, the cost of production, the exchange rates of commodity-exporting countries, technical analysis, hotellings rule and finally todays price. This list is not exhaustive and by their nature are often used in combination with other methods and used in different ways over short and long-term forecasting periods.
Futures prices as a predictor
Futures prices are often used in the macroeconomic models built
The erratic price trajectory in oil markets in recent decades can largely be explained by demand and supply curves. Although price movements are of course determined by changes in both supply and demand, the separate impact of these two factors can be disentangled .
Also The world oil market has changed profoundly in the last few decades, but a few outdated conceptions persist. For example, a common misconception is that world oil is dominated by a handful of multinational corporations.
Wha
This interactive presentation contains the latest oil & gas production data from all 23,368 horizontal wells in the Eagle Ford region, that have started producing from 2008 onward, through July 2019.
Visit ShaleProfile blog to explore the full interactive dashboard
July oil production came in at 1.3 million bo/d, basically unchanged since the start of the year. Natural gas production was just short of 6.3 Bcf/d, the highest level in 3 years (switch product to “gas” to see this
These interactive presentations contain the latest oil & gas production data from all 23,382 horizontal wells in the Permian (Texas & New Mexico) that started producing from 2008/2009 onward, through July 2019.
Visit ShaleProfile blog to explore the full interactive dashboard
These interactive presentations contain the latest oil & gas production data from all 23,382 horizontal wells in the Permian (Texas & New Mexico) that started producing from 2008/2009 onward,
USDCAD LONG at WEEKLY DEMAND
Because income is divided among saeholders through a kind of conflict in capialist system , capital owners and workers are considered to be rival and preference is usually made in favor of the capital owners. For this reason , it is unlikely to say that capitalist system aim at the maintenance of full employment and keep wages at desired level
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.
Visit ShaleProfile blog to explore the full interactive dashboard
This interactive presentation contains the latest gas (and a little oil) production data, from all 9,180 horizontal wells in Pennsylvania that started producing from 20
Various theories have been advanced over the years as to the origin of petroleum proposing an animal, vegetable,mineral and even meteoric origin.
Today, however,most scientists believe that oil and gas originated in plant and animal matter that accumulated in fine grained sediments at the bottom of ancient seas many millions of years ago .
This theory suggests that oil originated as the remains of countless organisms that either lived in the sea or water deposited there with mud and silt fro
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 15,156 horizontal wells in North Dakota that started production from 2005 onward, through August.
Oil and gas production in North Dakota set new
Petroleum’s importance to humankind took a giant leap in the late 1800’s when it replaced coal as the primary fuel for the machines of the industrial revolution. In today's industrialized society , petroleum means power .
It provides the mechanical power to run machines and industries and also the political power that comes from being able to shut down the machines and industries of those who depend on you for their oil supply.
As long as we depend on oil to fuel the engines of the world , it will continue to play a major role in our lives, But research is ongoing in many countires to find ways to harness new sources of energy.
Perhaps on day our cars will have electricity powered engines and run on batteries that must be recharged every few hubdred kilometers . Or, perhaps the batteries will draw on the sun's energy and recharge even as we drive. Who knows what the future holds ?
One thing that is certain, however
We live in a world dependent on petrochemicals. From the cars we drive to the food on our
plates, the products and materials we derive from petrochemicals are fundamental to many
aspects of modern society. Plastics and fertilisers, the two largest groups of chemical sector
products, are indispensable in our everyday lives. Plastics is the fastest-growing group of bulk
materials in the world, and synthetic nitrogen fertilisers underpin nearly half the world’s food
production
Pakistan is the country of 208 million people. Its population is growing at the rate of nearly three percent annually. This means the country will need more and more funds and infrastructure to sustain quality life of its people in future. However, an autopsy of the state’s present economic outlook has revealed that the past and current economic policies have failed to achieve long-term objectives. Resultantly, the country is facing one of the worst economic crises in its history.
Roots
At one point, when the Pakistani government refused to send troops to Yemen requested by Saudi Arabia, it seemed that relations between the two will remain disagreeable for a long time. However, it was not true.
Pakistan and the Kingdom of Saudi Arabia’s relations, these days, have reached new heights. Recent developments need a critical review and an analysis about the opportunities and challenges that will occur in the coming time. So to understand clearly the renewed relations between
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 114,539 horizontal wells in 12 US states, through June 2019. Cumulative oil and gas production from these wells reached 11.7 billion bbl and 133.7 Tcf of
The Crimean issue was one of a kind in contemporary geopolitics. Not only another colour revolution planned, funded and coordinated by Washington but the last real attempt to mined the existence of Russia as the country it has been from 2001. What I'm going to expose in here is the public story not told by the Western MSM and the globalist outlets controlled by the White House, the State Department, the Pentagon and the reckless CIA. I count them separately as each of them can have it's own diff
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 23,149 horizontal wells in the Eagle Ford region, that have started producing from 2008 onward, through June 2019.
Oil production came in at 1.3
There has been much recent hype around the issue of Iran, but an all-out war remains unlikely. Militarily, Iran would be hard to dominate. This challenge exceeds any the US and the West have faced in many decades. Ever since the Iranian revolution in 1979, the Middle-Eastern country has been preparing for war. Iran is far more powerful than Iraq, Syria and even Saudi Arabia. The Iranian military capabilities were shown recently when Iranians shot down a $100k state-of-the-art RQ-4A Global Hawk s
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 22,877 horizontal wells in the Permian (Texas & New Mexico) that started producing from 2008/2009 onward, through June 2019.
June production
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 9,087 horizontal wells in Pennsylvania that started producing from 2010 onward, through July.
Gas production set a new record in July,
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 15,046 horizontal wells in North Dakota that started production from 2005 onward, through June.
Oil production in North Dakota further increased
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