BakkenMonitor_November-2017 Bakken Monitor – November 2017 Returns vs Growth: A Two-Speed LTO Industry?

North Dakota's oil production increased to 1.085 million b/d (+38,000 b/d m-o-m or 4%) in August, ahead of our forecast, as legacy well decline rates flattened. We see le...

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OMS_October-2017 Oil Market Snapshot – October 2017 Brent recovers on Kurdish clashes as "OPEC-plus" deal edges towards extension

Brent has steadily recovered to ultimately breach $60/bbl in October after a sharp sell-off at the end of September from highs of $59.09/bbl. Clashes in the Kurdish reg...

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BakkenMonitor_October-2017 Bakken Monitor – October 2017 Is Hamm Right To Be Cheesed Off With EIA?

North Dakota's oil production increased to 1.047 million b/d (+15,000 b/d m-o-m or 1.5%) in July, ahead of our forecast. We forecast August production higher, reflecting...

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OMS_September-2017 Oil Market Snapshot – September 2017 OPEC Deal Bears Autumn Fruit As Production Forecasts Fall

Brent has risen to c. $58/bbl in September as IEA demand forecasts increase, while geopolitical risk threatens 500,000 b/d of Iraqi supply. Our demand forecast remains u...

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Deepwater Insights_Latin America Deepwater Insights – Latin America Inside Latin America's Deepwater Oil Industry - Where Is It Going, Who Will Benefit?

After several slow years for Latin America since the end of the global commodities super cycle, a settled oil price has spurred many countries into action in a bid to ent...

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BakkenMonitor_September-2017 Bakken Monitor – September 2017 2Q17 Results Show LTO's Back to Business As Usual - Weather Permitting

North Dakota's oil production fell to 1.032 million b/d (-8,500 b/d m-o-m) in June, in line with our forecast of 1.027 million b/d. We see July production flat. The EI...

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OMS_August-2017 Oil Market Snapshot – August 2017 Brent Becalmed, But Market Tightening Continues

Brent remains at c. $52/bbl as falling US inventories and rig counts indicate the market is tightening, though Hurricane Harvey has shut-in US refining capacity. The IEA...

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BakkenMonitor_August-2017 Bakken Monitor – August 2017 Everything's Bigger In Texas

Data on productivity improvements show Texas basin wells holding on to gains better than Bakken wells. North Dakota's oil production retreated to 1.040 million b/d (-1...

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LMS_July-2017 LNG Market Snapshot – July 2017 Australia Adrift on a Sea of LNG

The active global LNGC fleet grew to 449 vessels since January 2017 whilst the order book shrunk from  117 to 111 vessels. LNG trade is experiencing an uptick y-o-y alth...

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OMS_July-2017 Oil Market Snapshot – July 2017 Don't Ecuador Hit You On The Way Out

Falling US inventories and firm words after the OPEC/non-OPEC compliance meeting help lift prices, even as Ecuador announces it will leave the agreement. Brent has ris...

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