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A Closer Look at OPEC
Taking a closer look at OPEC. All OPEC and price data below is through December. All production data is in…
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OPEC, except for Iran, Has Peaked
The OPEC Monthly Oil Market Report is out. OPEC took a hit in December, down 205,000 barrels per day. After examining the past…
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Texas Oil and Gas Production Declining
The Texas RRC Oil and Gas Production Data is out. This data is always incomplete. But we can get some…
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Bakken up in November plus STEO
The Bakken and All North Dakota oil production data is out. Bakken production was up by 5,166 barrels per day to…
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International Rig Counts Still Falling
The monthly Baker Hughes International Rig Count came out a few days ago. Baker Hughes international rig counts do not include…
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Confessions of a Doomer
I need to tell you of a very special talent I have. I have the very unusual and rare ability…
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BAKKEN – Single Well Economics
This is a guest post by Ciaran Nolan Disclaimer The opinions and views expressed in this presentation are solely those of…
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Doubting The Peak in 2015
Dennis Coyne, an editor and frequent contributor to this blog, has suggested that we are not at peak oil. He…
Featured Posts
THC, A note at bottom of Table 5-8 in MOMR has the following: * Saudi Arabia’s supply to the market…
**Saudi production** Hi DC, thank you for sharing this. I noticed that the IEA (www.iea.org/reports/oil-market-report-september-2026) has Saudi Arabia August 2026…
Rystad had a forecast of rig numbers and production in Venezuela 2 months ago, and figure 2 seems quite unreasonable,…
According to Commovision, Permian, Bakken and Eagle Ford all have 5 year cumulative and EUR stable or stagnant, while the…
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Sheng Wu, Not all areas in Venezuela will be like the Junin Block, Rystad generally does pretty good analysis, but…