The start of 2019 looks arduous for producers of crude and natural gas which are both off significantly after hitting 2018 highs in October and November, respectively. WTI is down more than 35% from October levels and natural gas...
Read more..
Archive // WTI
Permian Limbo: How Low Can Prices Go?
May 9, 2018 |
Our client base is comprised of many different energy industry stakeholders spread across the globe, but over the last few months, almost every conversation is eventually related to what’s going on in West Texas, especially with both oil and...
Read more..
Read more..
Making a Case for $60 Oil Destabilizing Gas Markets
December 12, 2017 |
WTI prices have stabilized near $60 (for now) as OPEC agreed to extend cuts through 2018 and compliance with targets has been good thus far. Higher oil prices should improve cash flows for producers with liquids exposure, thereby enabling...
Read more..
Read more..
GOM But Not Forgotten: Mexico’s Gulf of Mexico Revival
August 17, 2017 |
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...
Read more..
Read more..
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...
Read more..
Read more..
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...
Read more..
Read more..
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...
Read more..
Read more..
