Blogs

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 i
 

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
 

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

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

The Second Great Depression rustles under the bed ...

The index SP 500 approaches the level of 3045. At the moment this is the highest possible level. Some time on the approaches to it and after reaching the price will be   sausage in a small   range. I admit a little new high. Perhaps a bit unimportant, but there are patterns when the price immediately reaches a critical point.  All This will give bread to speculators and gut investors.  Of course, all this will affect oil quotes. WTI oil needs to reach the level of $ 78 and then collapse

sU

A/Plague

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.

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.

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

Crude OIL intraday 08.07.2019

Covered up the deal to buy in BRENT and WTI. I didn’t twitch with BRENT and closed at take profit almost at the top. In WTI I decided to play around buy-sell intraday and got a hemorrhoid on my ass. I calculated the intermediate peak incorrectly and closed the deals BUY with profit but not very nice. The SELL deal closed after a drawdown, albeit with a profit. Now I look at the south

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

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

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

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

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

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

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