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Can we depend on a “Call on OPEC”, or has OPEC peaked?
Steve Kopits, in his recent presentation at Columbia University, ridiculed the IEA’s often used term a “Call on OPEC“. That is, the IEA looks at…
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Update: OPEC January MOMR with December Production Data
The OPEC January Monthly Oil Market Report is out with crude only production data through December 2012. Total OPEC crude only was 29,223,000 barrels per…
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Rig Report for the Week Ending June 5 The dropping rig count that started in early April 2025 when 450…
Ovi, Great job, thank you. Permian DUC count is about 1.72 months of supply at the most recent month’s completion…
Sheng Wu, Probably because those formations are more difficult to frac and the results of wells that have been drilled…
why they dont drill in Upper and Lower Bakken shale to make “shale oil real shale oil”? https://oilprice.com/Energy/Crude-Oil/North-Dakota-Chases-A-Second-Bakken-Boom-Through-Enhanced-Recovery.html
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Frac Spread Report for the Week Ending June 5 The frac spread count dropped by 2 to 190. From one…