Blogs

 

Permian – update through May 2020

These interactive presentations contain the latest oil & gas production data from all 27,683 horizontal wells in the Permian (Texas & New Mexico) that started producing from 2008/2009 onward, through May. Visit ShaleProfile blog to explore the full interactive dashboard Total Production Production from horizontal wells in the Permian fell by around 0.5 million bo/d in May to 3.3 million bo/d, the largest monthly decline sinc

shaleprofile

shaleprofile

 

North Dakota – update through June 2020

These interactive presentations contain the latest oil & gas production data from all 16,046 horizontal wells in North Dakota that started production from 2005 onward, through June. Visit ShaleProfile blog to explore the full interactive dashboard Total production North Dakota oil production rose by 30 thousand bo/d in June to just shy of 0.9 million bo/d, after 2 months of steep declines. Despite the uptick in output, this was still half a million bo/d below t

shaleprofile

shaleprofile

 

Pennsylvania – update through May 2020

This interactive presentation contains the latest gas (and a little oil) production data, from all 9,661 horizontal wells in Pennsylvania that started producing from 2010 onward, through May. Visit ShaleProfile blog to explore the full interactive dashboard Total production Natural gas production in this state fell by almost 0.5 Bcf/d in May, a larger decline than is common for this month. Compared with last year, output is still up
 

Eagle Ford - update through April 2020

These interactive presentations contain the latest oil & gas production data from all 24,696 horizontal wells in the Eagle Ford region, that have started producing from 2008 onward, through April 2020. Visit ShaleProfile blog to explore the full interactive dashboard Total production Oil production in the basin fell in April to 1.25 million bo/d, a m-o-m decline of 100 thousand bo/d. This drop was similar in size as experienced
 

Permian – update through April 2020

These interactive presentations contain the latest oil & gas production data from all 27,497 horizontal wells in the Permian (Texas & New Mexico) that started producing from 2008/2009 onward, through April. Visit ShaleProfile blog to explore the full interactive dashboard Total production In April, about 3.9 million bo/d was produced from horizontal wells in the Permian (after upcoming revisions), a m-o-m decline of ~5%. Based on preliminary data for May,
 

North Dakota – update through May 2020

These interactive presentations contain the latest oil & gas production data from all 16,012 horizontal wells in North Dakota that started production from 2005 onward, through May. Visit ShaleProfile blog to explore the full interactive dashboard Total production North Dakota oil production fell by 350 thousand bo/d in May to 0.85 million bo/d, an even larger decline than we saw in the previous month (200 kbo/d). The last time t
 

WWII and coronavirus. Victory can be won only collectively

On July 1 2020 Vienna hosted a large-scale international conference titled “75 Year to European Security. From the Great Victory to the Coronavirus Crisis”. In the course of the conference, chaired by former President of Austria Heinz Fischer, prominent foreign politicians and experts shared their opinion on major historical aspects of collective European security and how they affected a collective effort to resolve present-day crises. According to  the final communique, the participants i
 

US - update through March 2020

These interactive presentations contain the latest oil & gas production data from 136,302 horizontal wells in 13 US states, through March 2020. Cumulative oil and gas production from these wells reached 14.5 billion bbl and 165 Tcf of natural gas. Visit ShaleProfile blog to explore the full interactive dashboard Total production As the graph shows, tight oil production from horizontal wells set a record last November, at 8.3 mil

Withdrawal of American troops from Germany – Berlin’s first step towards political independence from the USA

Germany has always been one of Europe’s leading countries on practically all economic performance indices. At present, according to NASDAQ, it occupies fourth place among the world’s top economies (after the USA, China and Japan) with the GDP amounting to 3,86 trillion US dollars. Thanks to its economic potential, Germany has always been attractive as a geopolitical ally and partner. Following the defeat in the Second World War in 1945 Germany was divided into two zones of occupation – t
 

Eagle Ford - update through March 2020

These interactive presentations contain the latest oil & gas production data from all 24,771 horizontal wells in the Eagle Ford region, that have started producing from 2008 onward, through March 2020. Visit ShaleProfile blog to explore the full interactive dashboard Total production March oil production hovered at around 1.34 million bo/d, the same level as since the start of the year (after upcoming revisions). As is shown by

Victors have no reason to rewrite history

On June 23, on the eve of the Victory Parade in Moscow, a presentation of a memorial plaque dedicated to the feats of heroism displayed by the employees of the Soviet military mission under the Supreme Commander of the People's Liberation Army of Yugoslavia Marshal Tito was held in the Croatian capital Zagreb. It is very symbolic that the plaque is to be installed at 16 Pavla Hatza Street, where the local Gestapo headquarters was located during the Second World War. Sadly, while some countries,
 

Permian – update through March 2020

These interactive presentations contain the latest oil & gas production data from all 27,209 horizontal wells in the Permian (Texas & New Mexico) that started producing from 2008/2009 onward, through March. Visit ShaleProfile blog to explore the full interactive dashboard Total production In March, about 4.1 million bo/d was produced from horizontal wells in the Permian (after upcoming revisions). The impact of the low price
 

Pennsylvania – update through April 2020

This interactive presentation contains the latest gas (and a little oil) production data, from all 9,600 horizontal wells in Pennsylvania that started producing from 2010 onward, through April. Visit ShaleProfile blog to explore the full interactive dashboard Originally, we had a post on the Permian planned this week, but as the TRRC has not released comprehensive March & April data yet, we will postpone that one until next week (production data
 

North Dakota – update through April 2020

These interactive presentations contain the latest oil & gas production data from all 15,995 horizontal wells in North Dakota that started production from 2005 onward, through April. Visit ShaleProfile blog to explore the full interactive dashboard Total production North Dakota oil production fell by 200 thousand bo/d in April to 1.2 million bo/d, the largest m-o-m decline to date. This was of course all related to the disastrous oil price during the month (W
 

St. Petersburg University scientists create new assembler for viral genome deciphering

Researchers at St. Petersburg State University - the alma mater of Russian President Vladimir Putin - continue their battle with the coronavirus infection and are coming up with ever new tools that will help defuse not only COVID-19, but its counterparts as well. Bioinformatics experts at St. Petersburg State University’s Center for Algorithmic Biotechnology, together with their colleagues from University of California at San Diego, have unveiled the metaviralSPAdes assembler - a new collector t
 

US - update through February 2020

These interactive presentations contain the latest oil & gas production data from 135,279 horizontal wells in 13 US states, through February 2020. Cumulative oil and gas production from these wells reached 14.3 billion bbl and 162 Tcf of natural gas. Ohio is deselected in several views, as it has a larger reporting lag. Visit ShaleProfile blog to explore the full interactive dashboard   Total production Tight oil production in these states declined slightly in the f
 

Pennsylvania – update through March 2020

This interactive presentation contains the latest gas (and a little oil) production data, from all 9,565 horizontal wells in Pennsylvania that started producing from 2010 onward, through March. Visit ShaleProfile blog to explore the full interactive dashboard Total production Natural gas production fell by 1% m-o-m to 19.3 Bcf/d in March, the same level as in January. In the first quarter of this year, 144 wells started production, v
 

Solution to oil crisis.....from a layman

The oil crisis has been raging for some and the worldwide lockdown due to the coronavirus pandemic has not helped the demand side of oil production. If anything, the situation has exacerbated.  With demand so low, almost all producers are faced with one common problem of storage. The cost of which is threatening the viability of the business. I have a solution or suggestion to help stimulate demand. While there are issues of oversupply,low demand and sub economic prices in USA and
 

Iran's first oil tanker has arrived near Venezuela

Five oil tanker full of sanctioned fuel are currently making their way across the Atlantic Ocean. On the 2nd of June 2020 ,  Major Failur for the Trump administration  What scenario will happen? Trump either has to think about the bad domestic situation caused by COVID-19 Or he should be thinking about maintaining his global reputation . Is Trump willing to sacrifice his people for politics? The conditions under which Trump must spend time softening the global community to stabiliz
 

Eagle Ford - update through February 2020

These interactive presentations contain the latest oil & gas production data from all 24,411 horizontal wells in the Eagle Ford region, that have started producing from 2008 onward, through February 2020. Visit ShaleProfile blog to explore the full interactive dashboard Total production February oil production fell by 1%  m-o-m, to just over 1.3 million bo/d. Although natural gas production fell by a similar amount to 6.5 Bcf/d,
 

Russian scientist is helping his country win the “quantum race” against Google and IBM

St. Petersburg State University professor Alexey Kavokin has received the international Quantum Devices Award in recognition of his breakthrough research in the development of quantum computers. Professor Kavokin is the first Russian scientist to be awarded this honorary distinction.   Aleksey Kavokin’s scientific effort has contributed to the creation of polariton lasers that consume several times less energy compared to the conventional semiconductor lasers. And most importantly, po
 

Permian – update through February 2020

These interactive presentations contain the latest oil & gas production data from all 26,826 horizontal wells in the Permian (Texas & New Mexico) that started producing from 2008/2009 onward, through February. Visit ShaleProfile blog to explore the full interactive dashboard Total production Oil production from horizontal wells has hovered around 4 million bo/d (after upcoming revisio
 

Things that make you go: Huh. Or Agendaspotting

Huh doesn't mean "why", Huh is a quote from the last episode of the Doll House by Joss Whedon, where the character Topher Brink final "figures it out." Seeing it all come together, just seconds before he is going to die, he goes: "Huh."  There is something that should make you go: Huh.  Read this quote: Emphasis mine. Huh. Why did they write it that way? If the last week's jobless claims are 2.98 million, why say "Just under 3 million?" If you know the number, why not