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Which shale oil company survives after the price crush?
This is my simple question. Now some shale oil companies are already facing probability of bankruptcy.Which company survives even after the crisis? How about Continental...- Osamu Replied
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- 902 views
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Gasoline prices haven't dropped much
In my small town, gasoline is $1.63. In the nearby big city, I would guess I could find it for $1.55. This doesn't seem...- BillKidd Replied
- 15 replies
- 4,747 views
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This is a Shale Problem
The current situation we are going through is without doubt a localised issue, sure we have seen the price of crude for both benchmarks...- James Regan Replied
- 0 replies
- 1,704 views
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Beijing harasses Petronas and Shell off Malaysia
China causing trouble again. What a shock, I know. The Covid-19 panic-o-rama is providing a perfect cover for all sorts of political shenanigans. "Never let...- Tom Kirkman Replied
- 2 replies
- 1,523 views
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Oil companies and
Did this group for Spread the general knowledge as we bigger we are better! I, for example, bought APA when it was 4.3 and NBL...- יאן דיגילוב Replied
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- 1,397 views
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Saudis Begin Curbing Oil Output Ahead of OPEC+ Start Date
Saudis Begin Curbing Oil Output Ahead of OPEC+ Start Date Bloomberg) -- Saudi Aramco began reducing oil production earlier this week ahead of the May...- ceo_energemsier Replied
- 0 replies
- 1,177 views
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Bank of China Clients Said to Have $1 Billion Losses on WTI Futures Bet
Something's spoopy here. Anyone care to comment further on this? Bank of China Clients Said to Have $1 Billion Losses on Oil Bet (Bloomberg) -- Bank...- Tom Kirkman Replied
- 0 replies
- 1,085 views
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Video shows dozens of oil tankers off L.A. coast with nowhere to go
Oil, oil everywhere, but not a job to spare. Currently there is a temporary halt to all immigration into the U.S. Perhaps a temporary halt to overseas...- Tom Kirkman Replied
- 27 replies
- 12,463 views
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2,500 oil and gas workers in Texas lose their jobs in 10-day span
And it's going to get worse, before it gets better. And ... when global economies eventually recover, when the global oil glut eventually dissipates, and...- Tom Kirkman Replied
- 29 replies
- 13,063 views
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The 20 Minutes That Broke the U.S. Oil Market
Presented without my usual long-winded comments. The 20 Minutes That Broke the U.S. Oil Market (Bloomberg) It was evident from the very beginning on April 20...- Tom Kirkman Replied
- 1 reply
- 1,558 views
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Will You Watch This Free Documentary About The CCP
https://www.theepochtimes.com/the-ccp-method_3319578.html Will you watch this free documentary about the Chinese Communist Party?- ronwagn Replied
- 3 replies
- 3,480 views
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U.S. Oil And Gas Industry Enduring Devastating Job Losses On Supply Glut, Low Crude Prices
Looks like huge hits in the US oilpatch already; job losses in March are now over 51,000. https://www.ibtimes.com/us-oil-gas-industry-enduring-devastating-job-losses-supply-glut-low-crude-prices-2963933 And the hits just keep coming.- Jan van Eck Replied
- 4 replies
- 1,584 views
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Are EV manufacturers scared
If oil were to remain low priced long-term, is this a major worry for EV companies? What if it stays at $30? $40? Will...- BillKidd Replied
- 1 reply
- 24,964 views
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crude storage capacity
The EIA recently began providing weekly storage capacity reports: https://www.eia.gov/petroleum/supply/weekly/wcrudeoilstorage.xlsx According to this report the US is only at 60% of capacity not including SPR. Adding...- Jay McKinsey Replied
- 8 replies
- 4,781 views
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What U.S. states are doing for their oil industries: Reuters Factbox
For info. Details in the link. Unlike the OPEC cartel, the U.S. federal government will not mandate country-wide production cuts. Factbox: What U.S. states are...- Tom Kirkman Replied
- 0 replies
- 823 views
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Shales Death Blow?
We have been discussing this on OP for the past two years, and a common phrase was the the LTO sector was "an unhealthy...- James Regan Replied
- 68 replies
- 22,324 views
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The Next Big Thing
Interesting article, being a deepwater advocate I am bias this has been fairly obvious, we should have mixed the two up but we put...- James Regan Replied
- 3 replies
- 4,634 views
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Saudi Aramco Considers $10 Billion Pipeline Stake Sale
Fire Sale, coming soon to autocratic oil regimes. Gotta pay those 15,000 or so super important and hugely productive princes to keep them from revolting. Hey MbS,...- Tom Kirkman Replied
- 0 replies
- 1,047 views
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iran oil sanctions
Iran oil used for political motives
I hope that with the boycott of Iranian oil, it will be able to prevent its access to the nuclear bomb.- Hossein Alaei Replied
- 0 replies
- 2,821 views
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When the world's storage for oil will be full
I'm looking for information as till when the world's oil storage will be full, every country has different capacity but roughly would given an...- Sam Turnbull Replied
- 0 replies
- 1,196 views
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russia oil production
Russian oil strategy - very good report made by OIES
Quote Russia and Saudi Arabia have approved a production cut of 2.5 mb/d each from an agreed level of 11mb/d. However, there is some uncertainty...- Tomasz Replied
- 8 replies
- 4,819 views
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Headline: ... Largest Ever Drop In Fracking Activity
The article headline reads, U.S. Shale Braces For Largest Ever Drop In Fracking Activity. And yet Halliburton stock is up 17% over five days, up...- Bob_W Replied
- 15 replies
- 4,269 views
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Why Trump Is Right to Re-Open the Economy
Sims – Get America Moving Again: Why Trump Is Right to Re-Open the Economy 2,712- ronwagn Replied
- 539 replies
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Texas RailRoad Commission three member board to vote on 20% production cut May 5th
TRRC head Ryan Sitton wanted to take a vote today . The other two commissioners want to wait till May 5th. So May 5th...- BLA Replied
- 8 replies
- 3,730 views
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Good OP Article on Work at Home vs Long Term demand
The OilPrice author, MICHAEL KERN, can only speculate because we're in the beginning phase of the COVID economy, as Angela Merkel explained in Germany today,...- BradleyPNW Replied
- 3 replies
- 1,387 views
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Norway’s Equinor Slashes Dividends: Will Other Big Oil Companies Do Likewise?
Is this a trick question? No really, is this a trick question? News these days just keeps getting weirder. What Is a Dividend? A dividend is the distribution...- Tom Kirkman Replied
- 0 replies
- 1,228 views
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Saudi imports/refining
I don't believe that the Saudis should be allowed to import and refine their on oil in the United States while attempting to bankrupt...- T. Adams Replied
- 5 replies
- 2,948 views
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Visualizing Permian 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
- 0 replies
- 2,108 views
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Lifting The Oil Price Is Easy. Block The Persian Gulf - - - Forbes
Now seems a good a time as any for U.S. to pull out of the Middle East and let the oil dictatorships eat each...- Tom Kirkman Replied
- 1 reply
- 1,208 views
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Trump negotiates with U.S. oil companies to allow 24mm bbls storage in SPR. TRUMP does this while allowing Mohammed bin Salman's KSA to DUMP 40mm bbls on U. S. Market ? Makes no sense.
How can the U.S. oil industry let him get away with this ?- BLA Replied
- 1 reply
- 1,614 views