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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OMS-1 Oil Market Snapshot – October 2018 Saudi Bloc Covers Iran Losses, For Now

With sanctions set to begin in November, the market is currently finely balanced between supply and demand, so how much Iranian oil is exported will remain important. Sup...

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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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