2014-09-04 17:40:00
IRAQ KURDISTAN: MORE OIL
In early August, militant action in the semi-independent Iraqi region of Kurdistan forced many oil producers to suspend operations and now, some companies are resuming production.
Islamic State militants moved closer to the region's capital Arbil, causing safety and operational concerns in the first and second weeks of August, according to Reuters. President Barack Obama's announcement in August that he'd given permission for U.S. airstrikes on the region increased oil and gas producer's worry. Many companies evacuated nonessential personnel and drastically lowered oil output.
After nearly a month, companies such as ShaMaran Petroleum Cop. are resuming drilling operations in the Kurdistan region. ShaMaran will pick back up production in the Atrush block at the Chiya Khere-8 development well. Drilling operations at the well were suspended for 21 days following the regional safety issues, according to an official company statement.
Kurdistan has 12 billion barrels of oil and 22 trillion cubic feet of natural gas reserves, according to Bidness ETC, and these figures do not account for unproven oil and gas reserves in the region.
pennenergy.com
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February, 18, 12:30:00 |
OIL PRICE: ABOVE $66 |
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February, 18, 12:25:00 |
OIL DEMAND GROWTH 1.4 MBD |
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February, 18, 12:20:00 |
BRENT OIL: UNDERVALUED |
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February, 18, 12:15:00 |
U.S. OIL PRODUCTION 11.9 MBD AGAIN |
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February, 18, 12:10:00 |
BENEFIT FOR RUSSIA |
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February, 18, 12:05:00 |
LATIN AMERICA ENERGY FORUM FEBRUARY 2019 |
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Chronicle:
2019, February, 18, 12:00:00
БЫСТРАЯ СИЛА СИБИРИ
ГАЗПРОМ - Как отметил по итогам переговоров Алексей Миллер, «строительство газопровода „Сила Сибири“ идет с опережением графика, „Газпром“ начнет поставки газа в Китай раньше намеченного срока — уже с 1 декабря 2019 года».
2019, February, 18, 11:55:00
U.S. TIGHT OIL PRODUCTION 7 MBD
U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.
2019, February, 18, 11:50:00
U.S. SHALE NEED INVESTMENT
REUTERS - On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets, easing the constraints.
2019, February, 18, 11:45:00
U.S. INDUSTRIAL PRODUCTION DOWN 0.6%
U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.
