Jon Law·Dec 22, 2023OPEC Behavior in the World Oil MarketMuch of OPEC behavior is fundamentally driven by price targeting and market sharing.
InTravelling with ValentinebyValentin Despa·Nov 5, 2023Diesel Quality and ULSD Availability in Uruguay — A Field ReportWhile a small country in comparison with its neighbors, the port in Montevideo is for many overlanders the gateway to South America. But…
Bello Salihu·Oct 31, 2023Of Twilights, Dawns and Gas Flares -2Today’s piece is more about hopes than predictions. Pinning predictions on hopes may be an extreme case of optimism but sometimes…
Bello Salihu·Oct 31, 2023Tesla S: Here Comes the E-CarA few days ago the influential American motoring magazine, Motor Trend, chose as its Car of the Year the Tesla Model S built by Tesla…
Bello Salihu·Sep 11, 2023PIB and The NNPC — Questions That Need AnswersThis Article was first published in Nov 2012
Novi Labs·Jun 16, 2023In April, Permian tight oil production reached nearly 5.3However, with WTI down significantly, the impact on drilling activity also starts to become visible now. More on this, Permian well…
Novi Labs·Jul 22, 2021Tight oil production in the Eagle Ford was flat m-o-m in April, at 1.1 million b/d (hz. wells).The outlook is negative with only 38 horizontal rigs running. In our latest post we also show how normalized productivity has fallen in the…
Novi Labs·Jun 8, 2021The horizontal rig count in the 4 major US tight oil basins has doubled since August 2020 (from 143…In this monthly report, we will analyze the latest developments in the 4 major US tight oil basins, which includes the Permian, Williston…
Novi Labs·Jun 1, 2021Output in the Haynesville fell by 10% in February to just over 10 Bcf/d.But more rigs are drilling here than in any other basin, besides the Permian, and production has reached new heights in recent months.
Novi Labs·May 18, 2021Permian tight oil production fell in February by over 600 thousand bo/d, to the lowest level in 2.5But with renewed activity, output is bound to start rising again, despite stagnating well productivity (on a normalized basis).
