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BP's 2018 Profit Doubles To Five-Year High As Output Soars
BP joined its competitors in posting a strong 2018 performance, with a doubling of profits driven by strong growth in oil and gas output...- pinto Replied
- 6 replies
- 3,380 views
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Energy Lobbyist Appointed Secretary of Interior
Trump picks ex-oil lobbyist David Bernhardt for Interior secretary BY TIMOTHY CAMA AND MIRANDA GREEN - 02/04/19 03:21 PM EST I think this is a great choice....- oil
- exploration
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- ronwagn Replied
- 0 replies
- 1,222 views
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Visualizing Eagle Ford oil & gas production (through October)
Eagle Ford - update through October 2018 This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in...- shaleprofile Replied
- 0 replies
- 1,099 views
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U.S. Oil & Gas can go to hell. Kamala Harris Backs Massive Government Expansion Into Energy & Healthcare
Oil & Gas can go to hell, according to the new camp of U.S. Socialist politicians. American Socialist Energy, AKA Green New Deal, coming soon to...- Tom Kirkman Replied
- 25 replies
- 11,886 views
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Eni Expands in the Middle East
Interesting overview of what Italy's oil company has been doing lately, which sort of goes against the grain. Some are moving into Africa, Eni's...- Marina Schwarz Replied
- 0 replies
- 4,591 views
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America Is Producing the Wrong Kind of Oil
This is a good article regarding the Venezuelan oil production fallout. Molecule Mismatches America Is Producing the Wrong Kind of Oil Geopolitics impact America's oil prices far...- Microbio-glutonist Replied
- 0 replies
- 1,215 views
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U.S. Blocks Venezuela Oil Deals Using Its Financial System
Venezuela’s state oil company and its customers will be blocked from using the U.S. financial system by late April, as the Trump administration ratchets...- BlackTortoise Replied
- 1 reply
- 1,468 views
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Are New Oil Technologies Oversold B.S.
I have been told by old timers that all the oil has already been found, the latest technology is nothing new, we should do...- technology
- oil
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- ronwagn Replied
- 6 replies
- 4,023 views
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- Marina Schwarz Replied
- 0 replies
- 2,155 views
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PetroChina To Drop PDVSA As Partner In Refinery Project
According to Reuters agency, PetroChina Co plans to drop Petroleos de Venezuela SA (PDVSA) as a partner in a planned $10 billion oil refinery...- petrochina
- pdvsa
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- ThunderBlade Replied
- 10 replies
- 4,762 views
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Reuters Poll: Brent Expected to Average $67 in 2019
The latest Reuters poll apparently tries to put a negative spin on positive news. Weird. My personal view is U.S. Shale Oil production should start...- Tom Kirkman Replied
- 0 replies
- 1,313 views
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Shell Sticking With Spending Discipline As 2018 Profits Soar
Royal Dutch Shell said to would stick to spending discipline this year after 2018 profits jumped by more than a third to $21.4 billion,...- Pavel Replied
- 1 reply
- 1,555 views
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Fishing Tools and Service Cost Analysis
Hi All, Can anyone please give me a fair idea of how much fishing tools and services cost per well? Kindly provide sources to calculate the...- Lokesh Kumar Replied
- 0 replies
- 1,041 views
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Mexico is starting to look like Venezuela... U.S. next?
Mexico is starting to look like Venezuela Mexico is in the midst of a crisis again. And no, it doesn’t have anything to do with the...- Tom Kirkman Replied
- 2 replies
- 1,800 views
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U.S. is biggest importer of Venezuelan oil. What now?
The U.S. will impose sanctions on Venezuela oil production and the EU is stopping Maduro from acquiring his gold stash. Will the Majors go back...- JoMack Replied
- 5 replies
- 4,777 views
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So how big are these terminal decline rates actually?
Significantly higher than expected terminal decline rates are seen in the Niobrara, 25 to 35%, resulting in a much faster drop in production. A...- shaleprofile Replied
- 0 replies
- 1,273 views
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How Venezuela Oil Blockade Could Spark Tanker Piracy In Caribbean
President Trump's newest sanctions attempting to curb some $11 billion of crude exports from Venezuelan state-oil company PDVSA to the United States this year has many...- AdrianC Replied
- 1 reply
- 1,514 views
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Hamsters on the U.S. Shale Oil Hamster Wheel of Debt are Running Faster to Get Less Production
My version of "treadmill" is "hamster wheel of debt". More accurate visual image, in my opinion. As WTI slows down overproducing, the rest of the...- Tom Kirkman Replied
- 20 replies
- 10,956 views
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Saudi Arabia - Last Man Standing
Saudi Arabia says it will be the last man standing when the world finally weans itself off oil. And it doesn't expect that to happen...- AdrianC Replied
- 7 replies
- 5,483 views
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Terminal Decline Rates averaging 25-30% in Niobrara - update through October 2018
Niobrara (CO & WY) - update through October 2018 This article contains still images from the interactive dashboards available in the original blog post. To follow the...- shaleprofile Replied
- 0 replies
- 1,340 views
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U.S. Shale and Fracking
This was an interesting article. However, I was not able to completely understand it. Help me out: https://oilprice.com/Energy/Energy-General/Trouble-In-Paradise-For-US-Frackers.html @William Edwards, @Tom Kirkman, @ATK, @Dan Warnick.- Osama Replied
- 2 replies
- 5,783 views
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New Tech Boosts Discoveries in Alaska
New technology boosts Alaska oil resources: Fuel for Thought And it's cutting costs so the discoveries are as cheap as those in the shale patch....- Marina Schwarz Replied
- 0 replies
- 1,018 views
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Humor: Saudi Aramco ready to "prepare for what we hope will be a speedy process to prepare for the IPO."
Saudi Energy Minister Khalid Al-Falih seems to be brushing up on his stand-up one liner jokes. Not The Onion: Saudis to keep Aramco’s hold on...- Tom Kirkman Replied
- 0 replies
- 1,246 views
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Islamic Development Bank to Loan Oil and LNG to Pakistan
This seems ... unusual. Islamic Development Bank to loan oil to Pakistan Pakistan has entered into an arrangement to borrow billions of dollars worth of oil The...- Tom Kirkman Replied
- 0 replies
- 971 views
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Russian Message: Oil Price War With U.S. Would Be Too Costly
According to Reuters agency, Russia should not unleash an oil price war against the United States but rather stick with output cuts even at...- ThunderBlade Replied
- 15 replies
- 5,683 views
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EIA most important number.
Like most of you I anticipate the EIA's Summary of Weekly petroleum data each Wednesday @ at 10:30 ET. The news media reports increases/decreases...- Doyle Johnson Replied
- 0 replies
- 1,255 views
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Aramco to Build Hydrogen Fuel Cell Station in Saudi A
Saudi Arabia plans first hydrogen fuel cell vehicle fueling station I know you have to start somewhere but is there a point to just one...- Marina Schwarz Replied
- 0 replies
- 1,444 views
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Oil CEO says prices are more likely to hit $90 than $40 during 2019
I don't have too much to add to this article. Unless you are new here, you have probably already seen my ad nauseum comments last...- Tom Kirkman Replied
- 1 reply
- 1,326 views
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Davos: Oil Is 'Under siege', Future Is Uncertain
When the global oil industry held its biggest annual gathering this week in the Swiss town of Davos, it invited banking bosses and fund...- ThunderBlade Replied
- 1 reply
- 1,720 views
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Middle East Remains Biggest Risk for Oil: Total CEO
Total’s CEO names his top risk for oil markets – and it’s not what you think Setting aside the clickbait headline, I think the Middle East...- middle east
- oil
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- Marina Schwarz Replied
- 2 replies
- 2,615 views