Blogs

 

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

Fayetteville (AR) – update through March 2019

These interactive presentations contain the latest oil & gas production data from all 5,773 horizontal wells in Arkansas that started production from 2006 onward, through March. Visit ShaleProfile blog to explore the full interactive dashboards While we were waiting for some revision data for Pennsylvania, we finished adding Arkansas to our ShaleProfile data platform, which this post is all about. Relative to the other states we cover, not much shale oil & gas

shaleprofile

shaleprofile

North Dakota – update through April 2019

These interactive presentations contain the latest oil & gas production data from all 14,703 horizontal wells in North Dakota that started production from 2005 onward, through April. Visit ShaleProfile blog to explore the full interactive dashboards Oil production in North Dakota stayed flat in April m-o-m, at 1.39 million bo/d, just below the record high in January (1.4 million bo/d). Natural gas production continued to trend upward and reached 2.9 Bcf/d. Following slo

shaleprofile

shaleprofile

US - update through February 2019

These interactive presentations contain the latest oil & gas production data from 103,883 horizontal wells in 11 US states, through February 2019. Cumulative oil and gas production from these wells reached 10.8 Gbo and 116 Tcf. 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 ShaleProfile blog to explore the full interactive dashboards A tho

shaleprofile

shaleprofile

Eagle Ford - update through February 2019

This interactive presentation contains the latest oil & gas production data from all 22,421 horizontal wells in the Eagle Ford region, that have started producing since 2008, through February 2019. Visit ShaleProfile blog to explore the full interactive dashboards February oil production came in at 1,22 million bo/d, the same rate of production as a year earlier. After revisions, it will be a little higher but still below the level at the end of last year. As is visible

shaleprofile

shaleprofile

Permian – update through February 2019

These interactive presentations contain the latest oil & gas production data from all 20,349 horizontal wells in the Permian (Texas & New Mexico) that started producing since 2008/2009, through February 2019. Visit ShaleProfile blog to explore the full interactive dashboards The breakneck growth in Permian production during the past 2 years appears to have taken a breather, at least temporarily. I expect that after revisions, production in February will come in 5-10

shaleprofile

shaleprofile

 

investor

the press seems to be just a bunch of parrots that do not do their due dilagence ....just go to the texas railroad commision......which collect the royalties and taxes and you can see the  correct production numbers .....always  3 to 400 thousand  per day less than what is reported in the press .....wow .....are we up here getting hoodwinked ......

BM

boone pickens

Marcellus (PA) – update through March 2019

This interactive presentation contains the latest gas (and a little oil) production data, from all 8,853 horizontal wells in Pennsylvania that started producing since 2010, through March 2019. Visit ShaleProfile blog to explore the full interactive dashboards Gas production in Pennsylvania dropped by a small amount in March, but remained close to January’s record output, at 18.2 Bcf/d. In the first quarter of this year, 147 wells started production, almost unchanged from a

shaleprofile

shaleprofile

North Dakota – update through March 2019

These interactive presentations contain the latest oil & gas production data from all 14,597 horizontal wells in North Dakota that started production since 2005, through March. Visit ShaleProfile blog to explore the full interactive dashboards Oil production in North Dakota rose by 4% in March m-o-m to 1.39 million bo/d, just below the record high in January (1.4 million bo/d). Natural gas production was even up by 6.5%, reaching 2.8 Bcf/d, a new all-time high. As is

shaleprofile

shaleprofile

US - update through January 2019

These interactive presentations contain the latest oil & gas production data from 102,269 horizontal wells in 11 US states, through January 2019. Cumulative oil and gas production from these wells reached 10.6 Gbo and 113 Tcf. Ohio and West Virginia are deselected in most dashboards, as they have a greater reporting lag. Oklahoma is for now only available in our subscription services. Visit ShaleProfile blog to explore the full interactive dashboards January production fro

shaleprofile

shaleprofile

Contaminated oil in Druzhba pipeline to cost Russia estimated $435 million

Moscow, Russia, May 13, 2019. As the situation with the quality of oil transported from Russia to Europe via the Druzhba oil pipeline is gradually improved, financial issues have come to the fore. Or, more precisely, the amount this accident will cost Russia has become of great concern. On May 11, 2019, President of Belarus A. Lukashenko reported that Belarus had lost an enormous amount of money; in particular, it had not received any profit, currency earnings, or transit. A. Lukashen

Aleksei Afonin

Aleksei Afonin

Permian – update through January 2019

These interactive presentations contain the latest oil & gas production data from all 20,021 horizontal wells in the Permian (Texas & New Mexico) that started producing since 2008/2009, through January 2019. Visit ShaleProfile blog to explore the full interactive dashboards The chart above shows the massive growth in Permian production, as well as the underlying decline. Preliminary oil production for January came in at 3.1 million bo/d, which after revisions will be c

shaleprofile

shaleprofile

Haynesville - update through January 2019

This interactive presentation contains the latest gas production data from 5,059 horizontal wells in the Haynesville, that have started producing since 2009/2010, through January 2019. The post on the Permian has been delayed to later this week. Visit ShaleProfile blog to explore the full interactive dashboards Gas production in the Haynesville rose by more than 2 Bcf/d in 2018 to well over 8 Bcf/d, which was the strongest growth since 2012, breaking the previous record set 6

shaleprofile

shaleprofile