BakkenMonitor cover Bakken Monitor – October 2018 North Dakota Closes In On 1.3 Million b/d Mark

North Dakota's oil production leapt higher in July to 1.269 million b/d (+44,000 b/d m-o-m), ahead of our forecast of 1.255 million b/d (or +29,000 b/d m-o-m). Productio...

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OMS-1 Oil Market Snapshot – September 2018 Rally Continues as OPEC Stands Pat

Brent climbs to trouble $80/bbl in September, prompting Trump tweets prior to OPEC’s 23rd September meeting. OPEC and allies refuse to promise more production, seeing ...

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BakkenMonitor cover Bakken Monitor – September 2018 Earnings Season: Capex Up, Free Cash Flow Down

North Dakota's oil production retreats in June to 1.226 million b/d (-20,000 b/d m-o-m), in line with our forecast of 1.228 million b/d (or -18,000 b/d m-o-m). We see pr...

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OMS-1 Oil Market Snapshot – August 2018 Saudi Production Fall Redistributes Gains to Allies UAE and Kuwait

Brent trades around $73/bbl for most of August, balanced between concerns over supply later in the year and ongoing trade spats between the US and China. Futures are in ...

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BakkenMonitor cover Bakken Monitor – August 2018 North Dakota Rides Roughshod Over Old Record, Hitting 1.245 Million b/d

North Dakota's oil production breaks record in May at 1.245 million b/d (+20,000 b/d m-o-m), in line with our forecast of 1.241 million b/d (or +16,000 b/d m-o-m). We se...

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OMS-1 Oil Market Snapshot – July 2018 Brent corrects by 6.9%, but potential for undersupplied market remains in 2019

Brent sees 6.9% decline on 11th July, before recovering to c. $74/bbl mid-month. Money managers take profits and reduce record net long position, using announcement of r...

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Report Cover Asia-Pacific Regional Report August 2018

Our new Asia-Pacific report focuses on projects where semi-submersible rigs can be successfully utilised. This was defined for the purpose...

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BakkenMonitor cover Bakken Monitor – July 2018 All The President's Mentions – What Trump's Tweets Tell Us About Oil

North Dakota's oil production nears record in April at 1.225 million b/d (+63,000 b/d m-o-m), ahead of our forecast of 1.182 million b/d (or +20,000 b/d m-o-m). We see p...

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OMS-1 Oil Market Snapshot – June 2018 OPEC, allies, agree to be "less compliant"

Brent at $77.37/bbl on 27th June, up from $73/bbl in the wake of the OPEC and allies agreement return to 100% compliance with existing production targets in the near futu...

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BakkenMonitor cover Bakken Monitor – June 2018 EIA and Rystad forecasts compared

North Dakota's March oil production dipped to 1.162 million b/d (-12,000 b/d m-o-m), slightly below our forecast of 1.172 million b/d but in line with expectations of low...

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