In 2013, Mexico initiated steps to reform the state-run oil and gas monopoly to allow foreign entities to explore for resources. Last month, two separate discoveries in the Mexican Gulf of Mexico (‘GOM’) were announced with a combined estimated...
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Archive // WTI
U.S. E&Ps Flying Blind: Lack of 2018 Oil Hedging Leaves Production Vulnerable
August 15, 2017 |
As U.S. oil production growth appears to be heavily weighted to the back half of 2017, how much cash producers can secure for those barrels will be a major factor in whether lofty production targets can be maintained into...
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Service Margins Poised to Rebound
August 2, 2017 |
Last year BTU wrote an article about the cyclical pattern of service cost margins and the correlation with WTI pricing. As crude prices fell throughout 2015, both Halliburton (NYSE: HAL) and Schlumberger (NYSE: SLB) showed margins dropping from averages...
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Sub $40 Crude. What Does that Mean for Natural Gas?
June 30, 2017 |
It’s hard to find someone not calling for oil to break $40 these days. Just yesterday, BTU Analytics delivered a free webinar covering effects to the natural gas market should such an event occur. Main topics covered included: How will...
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E&P Positioning Report: New Pipelines to Disrupt Supply Stack
August 23, 2016 |
Finding and drilling the best rock is only half the battle in the E&P business. Moving product from wellhead to demand market and the costs associated with that transportation dictate whether your shale play is a market changer or...
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Oil Volatility Ahead?
July 6, 2016 |
Oil volatility continues to give the market fits and starts. Over the last four weeks, the market has seen a number of bullish and bearish pricing signals. On the bullish side, mother nature and unrest challenged global oil production...
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Are Oil Prices High Enough to Balance Natural Gas Markets?
April 19, 2016 |
While prompt month pricing for oil has rallied 60% and natural gas has followed suit up nearly 20%, upstream investment continues to decline as producers work to mend balance sheets. As production declines and pipeline delays reduce the impact...
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