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Big Oil becomes Big Tech. . . . Conoco CTO talks Shale Tech . . . "We're drilling more wells and spending less" . . . "Yielding 20% of oil from well" doubling from single digits is unheard of . . Shale not going bust ITS CHANGING. Size now matters
https://www.bloomberg.com/news/videos/2019-05-17/conoco-s-cto-we-are-drilling-more-wells-spending-less-video The naysayers say efficiency has plateaued. Well yes if you only look at (1) drilling cost per ft , (2) amount of sand used...- Falcon Replied
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Vietnam to use more coal, oil in 2020 to power growth: government
Hydrocarbons to the rescue, as "renewable" energy conks out as unstable yet again. Hydrocarbon energy is once again going to be used to help...- Tom Kirkman Replied
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- Dr.Masih Rezvani Replied
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OPEC's oil production cut to end?
Are U.A.E. and Kuwait negotiating to cut production by june 2018, if oil market improves?! https://www.bloomberg.com/news/articles/2017-12-11/u-a-e-kuwait-target-june-for-talks-on-halting-oil-output-cuts?utm_content=energy&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&cmpid%3D=socialflow-twitter-energy- opec
- opec production cut
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- Petar Replied
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1.1 Bpd in New Oil Supply Coming by 2025
"Over US$83.1 billion in capital expenditure will be spent over the lifetime of the top 10 onshore oil projects to produce 9.7 billion bbls...- Marina Schwarz Replied
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Hedging Haircuts and Big Basis Moves
http://www.petronerds.com/hedging-haircuts-and-big-basis-moves/ Another fantastic article by the folks over at Petronerds. You would think with the price of WTI rising operators would now be turning a...- FeetDontFailMeNow Replied
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Russia squeezing embattled Venezuela for tax-free gas
Russia squeezing embattled Venezuela for tax-free gas Russia 's state-controlled oil giant, Rosneft PJSC , is extracting concessions from crisis-ridden Venezuela to enter the offshore...- ceo_energemsier Replied
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Visualizing US Oil & Gas Production (Through August 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...- shaleprofile Replied
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Visualizing Eagle Ford Oil & Gas Production (Through January 2020)
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...- shaleprofile Replied
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Visualizing Pennsylvania Oil & Gas Production (Through March 2020)
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...- shaleprofile Replied
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- BLA Replied
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Russian oil "invasion" on Arctic and cut production
Russian expansion on Arctic, in last few years, is showing increase line. With three oil fields which has on cold Arctic, Russia is producing...- Pavel Replied
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China Wants in on Arctic Oil
China has issued a white paper calling for advancing international cooperation on the Arctic. These guys aren't wasting any time, are they? "The Chinese paper...- Marina Schwarz Replied
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Oilfield Service Firms Out to Get Revenge
Oilfield service providers are still reeling from the price collapse from 2014 but some are beginning to recover and they are out to get...- oil
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- Marina Schwarz Replied
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IEA Talks Further Growth In Oil Prices
IEA doesn’t rule out further growth in oil prices until the end of the year, said IEA Executive Director Fatih Birol. He said the...- BlackTortoise Replied
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Pemex says new refinery environmentally viable despite risks
Pemex says new refinery environmentally viable despite risks Mexican President Andres Manuel Lopez Obrador's push to build a new oil refinery involves high risks...- pemex refinery
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Shale producers Diamondback and Parsley need $30 oil to turn Fracking back on !
Parsley said it would only take two weeks to get wells back to pre cutback volume. This speaks to the shale industry resiliency . The $30...- BLA Replied
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U.S. And China Vie For Influence In This Vital Middle East Oil Hub
The Sultanate of Oman occupies a crucial geographical and geopolitical position in the oil and gas world. What China wants from Oman is to control...- Mark Sloan Replied
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Will new energy technologies power or impede global business?
Some insight as to what global planners may be looking at and acting on. I submit without opinion. Will new energy technologies power or impede...- Dan Warnick Replied
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Canadian crude Gulf Coast exports rise as Venezuelan gap is filled
Canadian crude Gulf Coast exports rise as Venezuelan gap is filled Heavy crudes have poured into the United States this spring, offsetting the loss...- ceo_energemsier Replied
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Word from DC the "Oil Diplomats" are negotiating a deal. Could culminate in Friday meeting and agreement that includes all G20 countries
I can confirm there are talks amongst the G20 Energy Ministers. From the sounds of it I'm guessing it may contain some type of price...- BLA Replied
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Oil price prediction for June contracts
Any predictions on wti prices for june contracts, are they heading towards $ 30 ?- Saif Malik Replied
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CO OIL POILITICS! Colorado regulators back 2,000-foot setback for new oil and gas drilling in “paradigm shift”
Colorado regulators back 2,000-foot setback for new oil and gas drilling in “paradigm shift” In a session Wednesday to review proposed rule changes on setbacks,...- ceo_energemsier Replied
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Visualizing US Oil & Gas Production (Through December 2020)
This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use...- shaleprofile Replied
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My pleasure and what an honour to get this rate!
Such a great feeling and honour to be rated this way by all of the members of this exciting community of oil and gas...- jose chalhoub Replied
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Why Iranian feel safe about their oil export system?
I say , as an Iranian who has seen Iranian Oil Industry once collapsed in the long war against Iraq, that when in that...- war
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Article: Billionaires Poised to Buy Shale Assets at Distressed Prices
https://www.worldoil.com/news/2019/11/14/billionaires-poised-to-buy-us-oil-and-gas-assets-at-distressed-prices- Jabbar Replied
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OPEC has cut oil output by 1.25 mbpd in June, says Petro-Logistics
LONDON (Reuters) - OPEC has cut oil output in June by 1.25 million barrels per day (bpd) from May levels as it works to...- Dheeraj Saini Replied
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The 31th Offshore Licensing Round in United Kingdom
On 10th July 2018, OGA UK invited applications for licences in the 31th Offshore Licensing Round. Applications will be accepted up to 14.00 on...- Vizion Energy Replied
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