Production in Bakken Formation Expected to Drop by 170 Thousand boe Per Day in 2020
Following the expected cuts in capital expenditure (capex) for shale operators in the Bakken due to demand shock from the coronavirus (COVID-19) and supply shock...
Exploration & Production
Maka Central Discovery Needs at Least 210 Million boe Recoverable Resources to be Economical
The Maka Central discovery has the potential to bring more than US$50m in revenue per year to the Surinamese Government, if it sees similar success...
Oil Exporters Increase Production While Demand Declines
by Alex Mills
Sometimes it is difficult to understand the actions of world leaders. A perfect example is the recent decision by Russia to not agree with a...
Autonomous Technology Can Mitigate the Business Impact of the Coronavirus
by Ariel Avitan
The coronavirus has exposed the soft underbelly of critical infrastructure and industrial sites worldwide – workforce availability. As more and more companies implement business continuity...
Saudi Oil Price War Unlikely to Have Quick End
Following the news that Saudi Arabia is responding to Russia’s refusal to a new oil production cut agreement by cutting oil prices and boosting supply,...
US Shale Supply Badly Hit by Price War and Forced to Become More Resilient
Following the WTI price fall to around US$30 per barrel due to an oil price war between Saudi Arabia and Russia; Adrian Lara, Oil and...
NEPA Reform Can Create Equality and Opportunity for Black America, Say Black Leaders
Commonsense NEPA Reform… is Key to a More Productive America that Helps All of Its Citizens Washington, D.C. – Calling it “regulatory reform that enhances...
Reflections from NAPE Summit 2020: Interviews with LongPoint Minerals, Quorum Software and Opportune
There were a lot of companies at NAPE Summit, and as my 1st visit to the conference, I could say that it’s indeed where the...
Macondo Tragedy: Lessons Learned at the Edge of Technological Envelope in Deepwater GoM
Just before 10:00 pm on the night of April 20, 2010, the Macondo well blew high pressure oil, gas and mud through the derrick of...
Why Is An E&P Recovery Slow to Materialize?
The U.S. economy is booming, but why is the E&P industry lagging? While the rest of the U.S. economy is enjoying one of its longest...