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Restructuring efforts by Chesapeake
Reading about the restructuring effects by Chesapeake is not a surprise at all. That’s the next step companies would take after cutting down their...- Misha Kaur Replied
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- 1,005 views
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Storage Demand Skyrockets as Saudi/Russia Ramps Supply and Demand Destruction continues
Two Questions: #1 How long will it take to fill the spare storage capacity ? #2 When capacity fills and serious competition starts how much lower...- BLA Replied
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- 962 views
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- Tom Kirkman Replied
- 585 replies
- 132,660 views
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- BLA Replied
- 192 replies
- 91,189 views
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How will interest rate cut affect shale oil?
In response to the corona virus, the feds have cut interest rates from 1.75% to 0.25%: https://www.axios.com/fed-cuts-interest-rates-zero-coronavirus-6bc5c3f0-16a4-4c18-8496-0493990a930a.html I can speak in detail about many technologies, but...- BenFranklin'sSpectacles Replied
- 2 replies
- 1,778 views
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MBS has asked the former Saudi Energy Minister Al-Falih to talk to Russia's Novak
It's widely known that the current Saudi Energy minister ABS (MBSs brother) has a very short temper and can be an antagonist. This is...- BLA Replied
- 52 replies
- 22,119 views
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Oil bankrupts will lead to production increase
Shale and Small Canadian O&G players will toss in the keys to bond holders and banks quite soon. Bond holders and banks will...- NessyOil Replied
- 7 replies
- 3,857 views
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Icahn bets on shale
Gonna be a fight between Icahn and Buffett Icahn was exiting his position but in the last week is fully back in Occidental. https://www.cnbc.com/2020/03/13/reuters-america-update-2-occidental-tries-to-head-off-investor-icahn-as-he-amasses-shares.html?&qsearchterm=icahn I read...- ErikS Replied
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- 1,785 views
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Guyana's Oil
8,000,000,000 barrels of oil discovered in Guyana... What are the consequences of a fraudulent election?- WalterP Replied
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- 1,041 views
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OPEC held dinner for U.S. oil companies at CERAWEEK Houston 2019. According to attendees OPEC THREATENED U.S. companies if didn't cooperate. Well ?
Saudi "Scorched Earth" strategy violates WTO law and U.S. antitrust law. Can't threaten Producers. Oil Producers call your Congressional contacts. Tell the Justice department to get...- opec threats
- oil price war
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- BLA Replied
- 3 replies
- 2,875 views
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Saudi Aramco intends to declare a cash dividend of $75 billion in 2020, paid quarterly. Good luck with that.
Putin is likely laughing his butt off at this news. MbS may need to rethink his grand plan of an Aramco $75 billion cash...- Tom Kirkman Replied
- 13 replies
- 3,604 views
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Why flattening the curve is so important, in CV and oil production
Flattening the curve saves lives. Not so much because less total population will catch the disease, they won't. The difference is how fast the disease...- shale
- lto production
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- Ward Smith Replied
- 1 reply
- 6,740 views
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Coronavirus vs oil production which wins?
With KSA closing parks, restaurants, malls and coffee shops how long until they start shutting down production facilities? How can they load ships, process...- wrs Replied
- 1 reply
- 1,585 views
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“The era of cheap & abundant energy is long gone. Money supply & debt have grown faster than real economy. Debt saturation is now a real risk, requiring a global scale reset.”"We are now in new era of expensive unconventional energy
“The era of cheap & abundant energy is long gone… Money supply & debt have grown faster than real economy. Debt saturation & paralysis...- Tomasz Replied
- 161 replies
- 30,251 views
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OP Paraskova Article : China's Sinopec to refuse up to 8 April Saudi tanker deliveries = 16 mm bbl. Not good for Saudi marketshare war.
China teapots report very large discounts on Russia's Urals crude oil. It's also delivered via much less expensive Eastern Siberian Asia Pacific pipeline compared...- BLA Replied
- 1 reply
- 1,179 views
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Citi Oil Analyst on Supply - Demand shock
He is one of the best https://www.bloomberg.com/news/videos/2020-03-12/citi-oil-veteran-says-20s-likely-on-unique-demand-supply-shock-video- BLA Replied
- 0 replies
- 1,303 views
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What will Oil Industry look like a year from now ?
Going to be tough times for the industry. We know this. What about after the virus is a memory ? What will U.S. shale industry ...- BLA Replied
- 0 replies
- 939 views
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Low Energy Price Crossfeed
From time to time someone complains about the input costs for things like offshore wind turbines, square-mile-sized solar farms, etc. GE's 12Mw turbine has...- Meredith Poor Replied
- 6 replies
- 6,125 views
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Bi-anual review of shale bank debt/bonds in April. I believe the banks and bondholders will not be so tolerant this time around.
This is beyond whatever Saudis or Russia are doing. It's about the virus demand destruction. Some will try to reorganize, try to sell, etc. Bottom line...- BLA Replied
- 3 replies
- 1,373 views
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Visualizing North Dakota 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
- 1,282 views
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Saudis did not discount to spite Russia. April contract price $58.50. Friday spot price $45.27. Difference - $13.13 drop. Buyers commit March 10th for April delivery.
There are millions of barrels floating offshore China in Asia without a home. Saudis had no option. Do you think Saudis clients were going to...- BLA Replied
- 44 replies
- 11,885 views
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Saudi Arabia to hike oil output above 10 mln bpd in April after OPEC+ deal collapse
How low will the price of oil drop? State oil giant Aramco will boost its crude output after the current OPEC+ cut deal expires at the...- output hike
- opec+
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- Hotone Replied
- 34 replies
- 13,629 views
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'Green New Deal' extremist panic-mongering to collapse as low oil & gas & LNG prices crash
Magical "Green" unicorn farts can't compete against $30 or $20 oil. Expect oil & gas & LNG to regain market share globally, as low prices...- Tom Kirkman Replied
- 13 replies
- 3,548 views
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When to Add?
15, 20, 25, 28? Vote. This isn't a penny stock. It can't go to zero. (Or can it?) At this point I'm seriously thinking of becoming a...- Zhong Lu Replied
- 15 replies
- 2,524 views
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What's the end affect of virus on China. Banking crisis ?
It has been known that China's banking system had extraordinary level of outstanding credit/debt. The standard retort was thay they had large cash reserves China...- BLA Replied
- 5 replies
- 1,898 views
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Russian/Saudi agreement would do little at this point. Too late. Just have to tough it out
The virus created the demand destruction. Saudis just added to the chaos. MBS taking a "scorched earth" strategy. You can be assured the Royal Family has...- BLA Replied
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- 1,196 views
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Willing to Bet Several Large Funds Being Liquidated Right Now
Hence the continued selling. Ugh. But buyers appearing to step up at 30. If you got caught selling the wrong options, you're just dead. Most...- Zhong Lu Replied
- 14 replies
- 9,528 views
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We still don't know how long the virus last. Unknown. I don't think either Russia or Saudis thought we would drop 20%
Look for World government's to apply huge economic packages to support economies . U.S. will focus on targeted Fiscal support as opposed to monetary support. ...- BLA Replied
- 0 replies
- 921 views
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Bloomberg article poses that Putin's ultimate rath of "No more Cuts" for OPEC+ is targeted at the U.S.
The thought is Putin is pissed at the U.S. for (1) U.S. not cutting production (2) Sanctioned companies thwarting the Russian completion of Nordstream2...- BLA Replied
- 24 replies
- 11,097 views
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Irreversible Damage.
https://www.globaltimes.cn/content/1181121.shtml https://web.archive.org/web/20200304173405/https://www.globaltimes.cn/content/1181121.shtml Autopsies show severe damage to COVID-19 patients' lungs and immune system, according to a doctor in Wuhan reached by the Global Times, who called...- Zhong Lu Replied
- 0 replies
- 1,659 views