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Showing posts with label oil production. Show all posts
Showing posts with label oil production. Show all posts
21 February 2014

Thinking about the Unthinkable #nlpoli

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Only a decade ago, voters turfed Roger Grimes and the Liberals from office as punishment for – among other things – signing a deal to develo...
07 March 2011

White Rose field may get GBS

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According to the Telegram, the White Rose partners are looking at using a concrete gravity base structure or GBS. The concrete well-head ...
01 December 2010

Crude supplies sufficient to meet decade’s demand

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Crude supplies available through OPEC will be sufficient to meet global demand through to the year 2020 according to international energy co...
21 November 2010

Crude at US$60 in 2011: forecast

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Now there’s a thought sure to frighten the bejeebers out of any ruling political party headed toward an election and a leadership racket, pl...
30 August 2010

Math problem: oil production, oil prices and oil royalties

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“Back of the envelope calculations”,  a recent Telegram story assured us all, “put royalties for the first three months of the [current] fi...
22 June 2010

Brazil to expand oil production

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From UPI: RIO DE JANEIRO, June 22 (UPI) -- Brazil will spend $224 billion in five years on doubling its capacity for oil production and...
24 May 2010

That’s gotta hurt, too: oil prices edition

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The provincial government’s 2010 budget – due to pass the House of Assembly by next Monday – is based, in part, on crude oil average about U...
17 April 2010

Offshore oil production remained down in February

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Oil production offshore Newfoundland and Labrador continued to trend lower in February 2010, despite continued high oil prices. Total prod...
07 April 2010

Significant Digits – oil production

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In 2009, the Canadian Association of Petroleum Producers forecast a steady decline in local oil production.  The decline is forecast to e...
05 January 2010

Oil production remains lower than forecast

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Provincial government oil production forecast remains way off track. Budget 2009 predicted oil production would total 98 million barrels i...
05 December 2009

September oil royalties 60% below budget forecast average

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High prices and better royalty rates on Hibernia didn’t offset oil production declines in September for the Newfoundland and Labrador offsho...
12 November 2009

Oil production down by almost 29% in first half of FY 2009

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Oil production in Fiscal Year 2009 (Apr 09 – Mar 10) is on track to fall below even the low-ball estimates used in the spring provincial bud...
09 October 2009

Blooms and roses

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News reports about a climb in the number of jobs across the country buried a key aspect of the story, as in this example from the Globe . ...
18 June 2009

Lack of royalty regime hampers further oil development

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Not surprisingly, some people attending the NOIA conference in St. John’s are wondering what is next on the horizon. As CBC reports , ther...
13 June 2009

Global oil round-up

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Some randomly selected articles from around the world on the current state of the oil industry. 1.  Omani oil revenues in the first four ...
07 June 2009

NL crude production forecast: 2009-2025

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From the Canadian Association of Petroleum Producers , projected total annual oil production offshore Newfoundland and Labrador.  The CAPP r...