Opinion & Commentary

 

Opinion & Commentary

OilVoice is proud to present some of the best content our industry has to offer.

Make sure you sign up to our Daily Newsletter so you never miss an article.


Latest Opinion & Commentary

Tech Talk - Changes in global supply and demand
At the beginning of the month I pointed out that there are three components to the coming Energy Mess. The first of these is the steady increase in global demand for oil and its products, the second is the decline in production from existing wells and fields, and the third is the shrinking pool of p...
» Written by David Summers on Monday, July 28, 2014
What ails the North Sea?
There is a need to act before the North Sea ‘fails’ economically Despite continuing high oil prices, the mature UKCS and NOCS producing provinces continue to be challenged by poor economic returns, and companies are clearly hesitating over investing there. In part this is due to expone...
» Written by David Bamford on Monday, July 28, 2014
Why doesn't the 'long emergency' feel like an emergency?
In 2006 when James Howard Kunstler published his breakthrough book The Long Emergency, the next two years seemed to vindicate his warning that the oil age was coming to an end with perilous consequences. Oil soared to $147 a barrel in mid-2008. A few analysts suggested that it was headed for $200; ...
» Written by Kurt Cobb on Monday, July 28, 2014
Oil and cash flow: the Kurds' conundrum
Some ten days ago, the Kurdistan Regional Government (KRG) were reported to have sent Peshmerga units into the Bai Hassan and Kirkuk oil fields - formerly under the control of the North Oil Company (NOC) - and both of which are in areas of disputed territory. The KRG subsequently told NOC's wor...
» Written by Anthony Franks OBE on Friday, July 25, 2014
Marginal field development in the UKCS using innovative low cost solutions
Forty years ago the United Kingdom Continental Shelf (UKCS) boasted a small number of very large oilfields discovered by major operators. Now, as a mature offshore basin, the average discovery size has shrunk to a fraction of what it once was with small and medium independent companies dominating th...
» Written by Chidozie Ewuzie & James Fox on Friday, July 25, 2014
Oil price, Nabors, Tullow, Chariot and finally...
Oil price The WTI price above is a bit spurious as the expiry now means that September WTI is trading at $102.01 and the differential is not quite as low as it seems from the above. With confirmed documentation as mentioned yesterday, that non-professional investors have taken another 25% off the ...
» Written by Malcolm Graham-Wood on Wednesday, July 23, 2014
The debt double standard for Canadian vs American energy producers
The 49th parallel isn’t just a border between Canada and the United States. It also represents an important line for the amount of debt investors are willing to tolerate in their energy producers. Investors and CEOs have both learned the hard way. Canadian producers with more than 2X debt t...
» Written by Keith Schaefer on Tuesday, July 22, 2014
Oil price, Halliburton, Chariot, Sundry and finally...
Oil price Oil prices were resilient yesterday but WTI got the better of Brent and you can see that the differential is down to just over three bucks. This is partly because the inventory stats tonight are expected to show another draw and partly as the contract expires today leaving the existing co...
» Written by Malcolm Graham-Wood on Tuesday, July 22, 2014
Oil price, Salamander, Caza, Wressle, Sundry, and finally...
Oil price Interestingly the oil price hasn't held the higher levels that both crudes jumped to immediately after the Ukraine air disaster on Friday. This morning's prices are lower than the close by about 75 cents for WTI and 6 cents for Brent ahead of WTI expiry tomorrow. This reflects the...
» Written by Malcolm Graham-Wood on Monday, July 21, 2014
Tech Talk - and things continue to get worse
It is difficult to see any positive interpretation of the changes and conflicts that are increasingly filling the headlines of the press. Fluctuating optimism over the return to credible export production from Libya, to take but one example, is no sooner reported when the news comes of increased fig...
» Written by David Summers on Monday, July 21, 2014
Are oil and gas companies capable?
Investors, at least those in the UK, are deeply disillusioned with the oil & gas sector, not because they think the oil price is going to drop any time soon, nor because they prefer more fashionable stocks, but because they are mightily disappointed with PERFORMANCE! In some cases, this leads to ver...
» Written by David Bamford on Monday, July 21, 2014
How will independence affect the oil and gas industry in the North Sea?
With Scottish referendum fast approaching, how will independence affect the Oil and Gas industry in the North Sea? It's a question many of the companies based in Scotland have been thinking or even asking the Scottish Government. In one hand it might be seen as step forward moving away from cons...
» Written by Matthew Foster on Friday, July 18, 2014
Oil path signals wrong way for world energy
Energy Worlds Apart Recent publication of this year's BP Statistical Review of World Energy illustrates several mega trends in world oil and for energy in general. The Review provides time-series charts where the key change decade of 2003-2013 is covered. These underline how the primacy of oil ...
» Written by Andrew McKillop on Friday, July 18, 2014
The rise of Saudi TexKota
I am fascinated by this report by Dr. Mark Perry of the American Enterprise Institute, and not solely because he quotes from a piece that appeared in this space last year (see Item #4). That piece deals with my belief that, although virtually all the attention related to America’s ongoing Sha...
» Written by David Blackmon on Thursday, July 17, 2014
Ethanol vs. Natgas-the Summer 2014 Duel
How do you invest in the weather? When it comes to weather, what’s bad for natural gas is good for ethanol. These two commodities are almost exactly opposite trades each summer. Hot weather–especially on the populated east coast–makes for lots of air conditioning demand in North Am...
» Written by Keith Schefer on Wednesday, July 16, 2014
Oil price, Shell and finally...
Oil price A short blog this morning, there is virtually nothing going on company wise which is a good thing as I am off to the smoke to see three companies, plenty to report back on in the next few days. For those of you and there are many who are waiting for an update on Faroe, I have been playing...
» Written by Malcolm Graham-Wood on Wednesday, July 16, 2014
Would breaking the 'Glass Closet' have been good for BP?
One of the greatest unrecognized contributors to the blight of deforestation must be the unchecked ego that drives so many chief executives to write memoirs. Rarely do the CEOs write these books themselves, of course, and even more rarely do they really have anything to say. John Browne is an excep...
» Written by Loren Steffy on Tuesday, July 15, 2014
Oil price, Bowleven/Petrofac, Falcon Oil & Gas, Sound Oil and finally...
Oil price I have to admit that when I heard the reports of further fighting in Libya, with rebels attempting to seize the airport, that the oil price might just have a bounce, albeit a dead cat one, but it is not to be. Last nights close which a very modest rise on the day has been lost already and...
» Written by Malcolm Graham-Wood on Tuesday, July 15, 2014
Will earthquake findings shake up the oil industry's response?
A new study has found a link between earthquakes in Oklahoma and underground wells used to dispose of wastewater from hydraulic fracturing. The study, released in the journal Science, doesn’t draw a direct connection between the quakes and fracking itself, and it found only a possible link be...
» Written by Loren Steffy on Tuesday, July 15, 2014

Older -->

Join 70,000 other oil and gas professionals

Network with others, build your profile, and receive the latest oil and gas news in your inbox. It's free!

Your details are never shared or sold. We hate spam too.

Key Supporters


 

» More Jobs       » Upload a free Job       » Upload your CV

More Europe Jobs

More Global Jobs

OilVoice Magazine
Oil Echo
Oil Earth

Opinions & Commentary

Are oil and gas companies capable?

by David Bamford

Read More »