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This interactive presentation contains the latest oil & gas production data from all 17,997 horizontal wells in the Permian (Texas & New Mexico) that started producing since 2008/2009, through September.
Visit ShaleProfile blog to explore the full interactive dashboards
Last week I planned a post on the Permian, but noticed that September data for New Mexico was still quite incomplete (100 kbo/d, or ~20% of production has not yet been reported). Unfortunately, it still is,
This interactive presentation contains the latest oil & gas production data from all 21,698 horizontal wells in the Eagle Ford region, that started producing since 2008, through September.
Visit ShaleProfile blog to explore the full interactive dashboards
Although from the above graph it appears that oil production in the Eagle Ford has moved sideways in 2018, due to the typical reporting lag in Texas, I expect to see that after revisions production from horizontal wells will
This interactive presentation contains the latest gas (and a little oil) production data, from all 8,567 horizontal wells in Pennsylvania that started producing since 2010, through October.
Visit ShaleProfile blog to explore the full interactive dashboards
New production records have been set in the 2nd half of every year since 2010, and 2018 was no different. Gas production in October from horizontal wells came in at 17.6 Bcf/d, about 20% higher than October 2017 (14.1 Bcf/d). Th
Former Chinese Communist Party leader Deng Xiaoping presented his “Cat Theory” to introduce a capitalist market economy for Mainland China. As per the theory “It doesn’t matter if a cat is black or white;as long as it catches mice,it’s a good cat.” The “Cat Theory” which he put forth was to convince policy makers for the radical shift in economic policies. “Cat Theory” is also relevant if one looks at the way China is pursuing its geo-political interests using its economic clout. There is one mo
IMPROVING ROI THROUGH TREND ANALYSIS is a hallmark of prudent financial analysts and CEO's, often leading to long, prosperous tenures. With rising sentiments surrounding the negative impacts of fossil fuels, and a reluctance of oil, gas and coal producers to recognize, let alone embrace global trends and zero emission synfuel technologies that could provide substantial market lead and much higher earnings for less cost, few if any industry CEO's today will still hold their title in 2-5 years, as
The full article is here-> https://www.daily-times.com/story/money/industries/oil-gas/2018/12/18/delaware-basin-news-reveals-public-misunderstanding-oil-industry-economics/2282224002/
"This writer has warned that world oil demand is sluggish and imprecise with only references to legacy guesswork that the developing world plus China demand will support prices long term or forever. Yet, world oil consumption has increased only 5 percent in the last 10 years.
OPEC, with Saudi Arabia
These interactive presentations contain the latest oil & gas production data from all 14,162 horizontal wells in North Dakota that started production since 2005, through October.
Visit ShaleProfile blog to explore the full interactive dashboards
Oil production in North Dakota climbed to 1,392 kbo/d in October, a month-on-month increase of more than 2%, and again a new record for the state. In the first 10 months this year 1,045 wells were brought online, which was more than in
This interactive presentation contains the latest oil & gas production data from 96,273 horizontal wells in 10 US states, through August.
Visit ShaleProfile blog to explore the full interactive dashboards
Cumulative oil and gas production from these wells reached 9.5 Gbo and 104 Tcf. Ohio and West Virginia are deselected in most dashboards, as they have a greater reporting lag.
Oil production from horizontal wells in these states grew by almost 2 million bo/d in the 2 yea
We where supposed to have a deal on Thursday with OPEC so what happened? If you found a good deal on a house, would you delay the closing? You would if you saw some problems with the deal.
Well what kinds of problems do we have with OPEC cutting productions and why wasn't it made today, after all the whole world is waiting.
For the prices to stop going into a free fall and hit my $34 target, they need to cut production, Saudi by about 2 Mill barrels and Russia by 300,000 barrels, or at
The fact that Qatar will leave next month, will be a blow for OPEC. This will weaken them in their ability to enforce production cuts from all its members. Lets also remember US is investigating OPEC for price manipulation. Russia is not part of OPEC and can refuse to cut production. Shale oil is getting more efficient, selling oil at $10 under par. In Canada its now $43 under par. Bottom line is, oil prices are in a free fall.
This interactive presentation contains the latest oil & gas production data from all 17,650 horizontal wells in the Permian (Texas & New Mexico) that started producing since 2008/2009, through August.
Visit ShaleProfile blog to explore the full interactive dashboards
Oil production in the Permian from horizontal wells has continued to rise at an astonishing pace, adding about 1 million bo/d in production capacity in the 12 months through August, to about 2.7 million bo/d (
There has been lots of rift between the Saudis and Qatar, for quite some time. Saudi Arabia is accusing Qatar of financing terrorism. The Saudis are trying to give Qatar lots of problems, and Qatar fought back, by damaging OPEC and leaving. This will be the beginning of the unraveling of OPEC as I predict more nations to leave OPEC. This will also give OPEC less control of oil prices. Therefore any production cuts from OPEC in the future could soon become meaningless.
The full article is here-> https://www.daily-times.com/story/money/industries/oil-gas/2018/11/25/analysis-trump-and-saudi-collision-oil-bingamans-return-santa-fe/2015081002/ "In an earlier column, readers overseas benefited from this writer’s forecast that crude oil prices would fall dramatically because most commodity traders got it wrong. Simply, this column’s analysis was the buying of oil assumed a shortage would result once the sanctions against Iran would be activated the first week of
This interactive presentation contains the latest oil & gas production data from all 21,540 horizontal wells in the Eagle Ford region, that started producing since 2008, through August.
Visit ShaleProfile blog to explore the full interactive dashboards
Since the low point two years ago, oil production in the Eagle Ford has kept growing. I expect that after revisions August production will eventually come in at around 1.3 million bo/d (~100 kbo/d higher than shown now).
According to a new market report published by Credence Research “Global Offshore Wind Energy Market , by foundation type (Monopile, Jacket, Tripod, Floating), by Water Depth (shallow water [up to 29m deep], transient water [30-60m deep] and deep water [60m and above]) and by Geography (North America, Europe, Asia Pacific and Rest of the World) - Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the offshore wind energy market volume is expected to reach to 49,931.6 MW by 2025
These interactive presentations contain the latest oil & gas production data, from all 9,508 horizontal wells that started production in Colorado and Wyoming since 2009/2010, through September. Since the last post, we’ve also added several other regions in these 2 states, and they are included here.
Visit ShaleProfile blog to explore the full interactive dashboards
In August a new record was set, at over 0.5 million bo/d. After revisions are in I believe September will show a
The latest market report published by Credence Research, Inc. “Global Motor Gasoline Market, By Geography- Growth, Future Prospects and Competitive Analysis, 2016 – 2024” the global Motor Gasoline market was valued at US$ 1,134.1 Bn in 2016, and is expected to each US$ 1,792.4 Bn by 2024, expanding at a CAGR of 5.9% from 2016 to 2024.
Browse the full report at https://www.credenceresearch.com/report/motor-gasoline-market
Market Insights
Global Motor Gasoline market is projected to
The latest report from Credence Research on “Oil Storage Market” market offers comprehensive understanding on market sizes and trends, competitive analysis, and market forecast from 2018 to 2026. Credence Research report helps to discover future business opportunities for stakeholders in this sector by highlighting different aspects such as potential revenues streams, market drivers, opportunities, challenges, issues, and events impacting the “Oil Storage Market” market. “Oil Storage Market” mar
The latest market report published by Credence Research, Inc. “Naphtha Market, By Product Type and By Geography- Growth, Future Prospects and Competitive Analysis, 2016 – 2030,” the global naphtha market was valued at US$ 102.6 Bn in 2016, and is expected to reach US$ 230.9 Bn by 2030, expanding at a CAGR of 5.97% from 2016 to 2030.
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Market Insights
Global naphtha market is projected to witness sign
Market Insights:
Global leak detection system market is expected to gain momentum with growing pipeline network and increasing demand for fossil fuels. Advancement in technology has facilitated the pipeline operators to remote monitoring of pipeline operations. Global pipeline network is about 3.5 million kilometers which is responsible for movement of oil & gas products across the globe. Pipelines are considered to be the safest and the most efficient mode of transportation of hydrocar
Market Insights
Increasing power demand due to growth in industrial, commercial and residential establishments fueling the demand for electricity across the globe which in turn is driving the demand for transformers subsequently increase the demand for transformer oil. Besides this, favorable government initiatives in key consuming economies such as India to completely move to electric vehicles on the road by 2030 which is expected to fuel the electricity consumption in India which is subse
The purpose of the report is to illustrate the state of the market of Base Oil, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
Browse here for full report: https://www.credenceresearch.com/report/base-oil-market
Why was the report written?
This report is the result of an extensive
Europe Offshore Wind Energy Market Is Expected To Reach 29.8 GW By 2024: Increasing Investment In Offshore Wind Energy Market Is Projected To Drive The Growth Of Europe Offshore Wind Energy
The latest market report published by Credence Research, Inc. “Europe Offshore Wind Energy Market, By Geography- Growth, Future Prospects and Competitive Analysis, 2016 - 2024,” the Europe offshore wind energy market was 13.4 GW in 2016, and is expected to reach 29.8 GW by 2024, expanding at a CAGR of 12