BakkenMonitor cover Bakken Monitor – March 2019 Majors Make Move Into LTO As Independents Weaken; Frac Hits, Child Wells Threaten Long Term Growth

  • North Dakota's December 2018 output set a new record of 1.401 million b/d (+25,000 b/d), in line with our 1.396 million b/d (+20,000 b/d) forecast. Wells retur...

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OMS-1 Oil Market Snapshot – February 2019 Brent Fails to Close Above $67/bbl as Trump Tells OPEC: "Take It Easy"

Brent came close, but could not close above $67/bbl in February, with a sharp sell-off prompted by President Trump tweeting that OPEC should “take it easy” on 25th Fe...

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BakkenMonitor cover Bakken Monitor – February 2019 Majors Steam Ahead While Independents Trim Sails; Marathon's Monsters Best In Show

North Dakota's November output retreated to 1.376 million b/d (-16,000 b/d), in line with our 1.371 million b/d (-21,000 b/d) forecast, as poor weather hampered completio...

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OMS-1 Oil Market Snapshot – January 2019 Global Economic Worries Still Weigh As Brent Finds $60/bbl Floor

After falling $10/bbl over the Christmas period, Brent has returned to c. $60/bbl in January, in line with our expectation that the Vienna Group’s new deal has put a fl...

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BakkenMonitor cover Bakken Monitor – January 2019 Continental Pulls Away From The Pack As 2018 Draws to a Close

North Dakota's October oil production set a fresh high at 1.392 million b/d (+33,000 b/d m-o-m), below our forecast of 1.412 million b/d (+53,000 b/d). November’s outpu...

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mexico report 2 Mexico: Regional Energy Market Report Compromise from the new President could see deepwater flourish

Despite having strong geological potential, particularly in its untapped deep waters, Mexico continues to face a worsening domestic energy situation resulting from a decl...

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OMS-1 Oil Market Snapshot – December 2018 Al-Falih’s Christmas Present Gets Lukewarm Market Reception

Brent holds around $60/bbl after the Vienna Group agrees a fresh production cut deal, in line with our expectations. The new cut is 1.2 million b/d, with 800,000 b/d from...

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BakkenMonitor cover Bakken Monitor – December 2018 LTO Producers Expected to Hold Capex Firm After OPEC Meets

North Dakota's September oil production set a fresh high at 1.359 million b/d (+68,000 b/d m-o-m), ahead of our forecast of 1.332 million b/d (+41,000 b/d m-o-m). For Oc...

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OMS-1 Oil Market Snapshot – November 2018 OPEC+ "Gang of Four" Try to Fix A Hole In The Wallet

Brent tumbles to stand at $60/bbl at time of writing as stock market falls and Trump’s sanction waivers amplify fears of oversupply. Our Brent forecast averages $73.91...

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BakkenMonitor cover Bakken Monitor – November 2018 US Midterms: Coloradans Smack Back "Set-backs" For Frackers

North Dakota's oil production for August set a fresh high at 1.291 million b/d (+22,000 b/d m-o-m), ahead of our forecast of 1.278 million b/d (+9,000 b/d m-o-m). For Se...

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