BOE Report
JUNE 18, 2025
While its base case is that Brent declines to around $60/bbl in Q4 assuming no supply disruptions, Goldman said the $10/bbl premium appears justified in [Read more]
Oil & Gas 360º
MARCH 19, 2025
While we reduced our Brent forecast range by $5/bbl to $65-80, we expect oil prices to edge up in coming months, and think that market pricing of volatility and of the upside risk from potentially lower sanctioned supply remains too low, Goldman Sachs analysts wrote in a Tuesday note carried by Reuters.
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Oilfield Technology
JUNE 27, 2025
This has caused regulating agencies to cut back on permitted disposal volumes in Seismic Response Areas (SRA) and in some cases to shut down permitted disposal entirely. It was costing up to US$10/bbl to ship PW to out of state SWDs because Pennsylvania had only nine permitted SWDs. This was driven by two factors.
Iraq Business News: Oil & Gas
MARCH 18, 2025
Results summary ($ million unless stated) 2024 2023 Average Brent oil price ($/bbl) 81 82 Average realised price per barrel 35 47 Production (bopd, working interest) 19,650 12,410 Revenue 74.7 Tawke production currently realises only around $35/bbl, which is well below relevant reference benchmark oil prices. EBITDAX1 1.1 EBITDAX1 1.1
Rig Skills
MAY 25, 2020
DP -Drill pipe HWDP – Heavy weight drill pipe DC – Drill collar BOP – Blow out preventer TDS – Top drive system WOB -Weight on bit ROP – Rate of penetration GPM – Gallon per minutes SPP – stand pipe pressure VFD Variable frequency drive SCR -Silicon controlled rectifier AC -Alternating current DC – direct (..)
OilPro
MARCH 16, 2020
So w hat to do when your client says “but I really want a Canadian-style, non-field erected, engineered, shop-built 2,500 Bbl tank”? In this case it was a little bit easier. API 650 Guideline 2,500 Bbl tanks and then truck them to site. Our Kuwaiti client wanted us to build 32 Oz.
Oil & Gas 360º
MARCH 10, 2025
Financial Summary The combined company’s production forecast at closing is 370,000 boe/d (63% liquids) and based on commodity prices of US$70 /bbl WTI and C$2.00 /GJ AECO, the forecast annualized funds flow is $3.8 After annual capital investments of $2.6 billion 4 , free funds flow is forecast at $1.2 billion 1.
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