Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2014-09-25 20:55:00

EIA: OIL $150/BARREL

EIA: OIL  $150/BARREL

Crude oil would cost at least $150 a barrel due to supply disruptions in the Middle East and North Africa were it not for rising production in North Dakota and Texas, U.S. Energy Information Administration (EIA) chief Adam Sieminski said in an interview on Wednesday.

Oil output from the oil-rich Bakken, Permian and Eagle Ford shale formations in those two states, as well as other smaller formations around the nation, has spiked in the past decade to more than 4 million barrels per day.

That new oil has helped the United States weather supply disruptions from Libya, Iraq and other one-time major oil producers in which political and military turmoil has sharply depressed production, Sieminski said ahead of the North Dakota Petroleum Council's annual meeting.

"If we did not have the growth in North Dakota, in the Eagle Ford and the Permian, oil could be $150 (per barrel)," Sieminski said. "There is a long list of countries with petroleum outages that add up to about 3 million barrels per day."

Sieminski was appointed EIA administrator by President Barack Obama in 2012. His visit to the petroleum council's annual meeting, his first time in North Dakota, comes as Hess Corp and other major oil producers invest billions in the state to extract and process crude and natural gas from the Bakken shale formation.

Alongside the energy companies, commercial and residential investors have plowed billions into new apartments, grocery stores and other projects around the western part of the state, fueling economic growth and creating jobs.

While some have questioned whether North Dakota's oil boom will continue or peter out, as similar oil booms did in the 1950s and 1980s, Sieminski said he expects production to continue and could eventually hit 2 million barrels per day.

North Dakota's oil production was 1.1 million barrels per day in July, according to data released earlier this month by state regulators.

"Our current modeling shows production in the Bakken continuing to climb, and then peak off," Sieminski said. "But the technology still seems to be in the early stages. Modeling changes in technology seems to be the hardest thing to do."

reuters.com

Tags: OIL, PRICE, EIA, U.S., GAS, LIBYA, IRAQ

Chronicle:

EIA: OIL  $150/BARREL
2018, August, 17, 11:30:00

U.S. INDUSTRIAL PRODUCTION UP 0.1%

U.S. FRB - Industrial production edged up 0.1 percent in July after rising at an average pace of 0.5 percent over the previous five months. Manufacturing production increased 0.3 percent, the output of utilities moved down 0.5 percent, and, after posting five consecutive months of growth, the index for mining declined 0.3 percent. At 108.0 percent of its 2012 average, total industrial production was 4.2 percent higher in July than it was a year earlier. Capacity utilization for the industrial sector was unchanged in July at 78.1 percent, a rate that is 1.7 percentage points below its long-run (1972–2017) average.

EIA: OIL  $150/BARREL
2018, August, 17, 11:25:00

NORWAY'S PETROLEUM PRODUCTION: 1.911 MBD

NPD - Preliminary production figures for July 2018 show an average daily production of 1 911 000 barrels of oil, NGL and condensate, which is an increase of 64 000 barrels per day compared to June.

EIA: OIL  $150/BARREL
2018, August, 17, 11:20:00

GAZPROM NEFT NET PROFIT UP TO 49.6%

GAZPROM NEFT - For the first six months of 2018 Gazprom Neft achieved revenue** growth of 24.4% year-on-year, at one trillion, 137.7 billion rubles (RUB1,137,700,000,000). The Company achieved a 49.8% year-on-year increase in adjusted EBITDA, to RUB368.2 billion. This performance reflected positive market conditions for oil and oil products, production growth at the Company’s new projects, and effective management initiatives. Net profit attributable to Gazprom Neft PJSC shareholders grew 49.6% year on year, to RUB166.4 billion. Growth in the Company’s operating cash flow, as well as the completion of key infrastructure investments at new upstream projects, delivered positive free cash flow of RUB47.5 billion for 1H 2018.

EIA: OIL  $150/BARREL
2018, August, 15, 11:10:00

OIL PRICE: NEAR $72

REUTERS - Front-month Brent crude oil futures LCOc1 were at $72.34 per barrel at 0648 GMT, down by 12 cents, or 0.2 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 23 cents, or 0.3 percent, at $66.81 per barrel.

All Publications »