Just How Much More Efficient Are those New Wells?

One question that we keep going back to is how efficient are the new wells being drilled? This question is critical to determining the profitability of a well and what price...
Continue reading
  768 Hits

OPEC Production Freeze? Don’t Get Your Hopes Up

Since the start of August, Crude oil prices have risen about 15% on speculation that OPEC may agree to a production freeze coupled with a weakening U.S. Dollar (although they took...
Continue reading
  779 Hits

The Week In Numbers for the Week Ending 8-19-2016

Each week, we strive to provide you a bare bones summary of what happened to the price of WTI, Natural Gas, and Brent Crude. In addition, we summarize the major reports...
Continue reading
  856 Hits

Short Takes For Week Ending August 12, 2016

Hedge Fund Increase Net Long Positions Crude has rallied a bit over the last two weeks. Hedge funds increased their combined net long position in NYMEX+ICE WTI by +18 million bbl...
Continue reading
  753 Hits

Where was CAPEX Cut the Most?

In one of our recent articles, we reported that oil and gas companies have reduced planned spending through 2020 by a whopping $1 trillion USD. (See also http://www.cnbc.com/2016/06/15/global-oil-industrys-retrenchment-tops-a-staggering-1-trillion.html ).   This number...
Continue reading
  852 Hits

Ty’s Take for Week Ending August 19, 2016

This was a great week for the price of oil, marked by two major occurrences that allowed a bull rally. As of Thursday, West Texas Intermediate (WTI) had gained 11.15% over...
Continue reading
  798 Hits

OPEC Flirts With Production Freeze

Oil rallied this week based on talks of a possible production freeze by OPEC . . Saudi Energy Minister Khalid Al-Falih stated “We are, in Saudi Arabia, watching the market closely,...
Continue reading
  874 Hits

EIA and OPEC Update Their Short Term Forecasts

On August 9, 2016, the EIA updated their short-term energy outlook. The full report can be found here . Here are some highlights from the report: The EIA estimates that the...
Continue reading
  978 Hits

The Week In Numbers for the Week Ending 8-12-2016

Each week, we strive to provide you a bare bones summary of what happened to the price of WTI, Natural Gas, and Brent Crude. In addition, we summarize the major reports...
Continue reading
  767 Hits

Is The New Iranian Oil Contract Another Nail in the OPEC Coffin?

Since OPEC’s historic decision in November of 2014 to leave crude output targets unchanged for member countries, thereby causing the price of oil to slide, many commentators have discussed the future...
Continue reading
  761 Hits

Blog Categories

Request A Quote
Invalid Input
Invalid Input
Invalid Input
Invalid Input
Invalid Input