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About this blog

I started this blog to express what I sense about the highs and lows of the oil realm, while cautiously analysing historical data, taking into account the geo-political development at the time of recording them.

I got into this field, having been a passive observer of fluctuations of crude oil prices and their global consequences for years.

Then, when on the day of Great Oil Crash in April, 2020, I made a decision to make my own blog, with the motto, ‘analysing data that really matters’.

Having come from an academic background in mathematics and physics, I analyse data using my own tools, created with JavaScript and Python, taking my decision on board while making decisions.

My website where I analyse data that really matters

Entries in this blog

 

ExxonMobil’s offshore Guyana win streak continues with Pinktail discovery

“These discoveries are part of an extensive well program in the Stabroek Block utilizing six drillships to test play extensions and new concepts, evaluate existing discoveries and complete development wells for the Liza Phase 2 and Payara projects,” said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil. View the full article

hemanthaa@mail.com

hemanthaa@mail.com

 

Shale’s fiscal discipline means missing out on rising oil prices

More focused than ever on keeping spending in check, shale operators haven’t been drilling new wells fast enough to keep up with output declines in older ones. So, next month, their combined production will edge lower by 47,000 barrels a day to about 7.46 million, according to the U.S. Energy Information Administration. View the full article

hemanthaa@mail.com

hemanthaa@mail.com

 

Saudi Aramco looks to raise billions with more asset sales

The state-controlled firm created a new team to review its assets last year, soon after the coronavirus pandemic triggered a plunge in energy prices and strained its balance sheet. Aramco raised $12.4 billion by selling leasing rights over oil pipelines to a U.S.-led group of investors in April. View the full article

hemanthaa@mail.com

hemanthaa@mail.com

 

U.S. LNG to meet Europe’s energy needs in short- and long-term

As global natural gas markets continue to tighten and Europe braces for a challenging winter, the American Petroleum Institute and the International Association of Oil and Gas Producers released a new analysis of Europe’s natural gas market and highlighted the immense potential of U.S. LNG to help Europe strengthen its energy security. View the full article

hemanthaa@mail.com

hemanthaa@mail.com

 

Digitalization and Decarbonization: Embracing the Future of Offshore Oil & Gas

Offshore operators across the globe continue to push ahead with their Energy Transition strategies, seeking new, innovative ways to improve sustainability while simultaneously reducing costs and increasing efficiency. At Siemens Energy, we are seeing first-hand a willingness from customers to embrace new technologies and rethink traditional ways of working on a truly unprecedented scale. View the full article

hemanthaa@mail.com

hemanthaa@mail.com