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Improving upstream forecasts
… substantially, leading to a deferral and missed forecasts of production and cash flow. As can be imagined ..... rushes into the analysis of a problem. Forecasts developed under these conditions tend to be ..... typical engineering approach in developing forecasts is to consider several project elements …
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Part 5: Long-term oil price trends, forecasts , and conclusions - Control & influences on world oil price
… curve approach to medium-term oil price forecasts is also not without problems in times ..... the medium-term risks of getting the forecasts wrong. Many buyers and sellers of upstream ..... reduce oil price transaction risks. Some forecasts apply a combined approach: the forward …
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Goldman forecasts $141 oil this year; others say $200 oil possible
… output and top OPEC exporters Saudi Arabia and Iran trimmed production, a Reuters report recently showed. Despite these forecasts , there are some industry executives who believe oil will fall below the $100 per barrel mark. A survey conducted by KPMG …
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Canada’s NEB approves Deep Panuke Pipeline; forecasts deliverability decline
The National Energy Board has approved an application by EnCana Corp. to build a 176–kilometer long underwater pipeline off the coast of Nova Scotia.
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Deepwater expenditure to reach nearly $25 billion annually by 2012
A new study published by analysts Douglas-Westwood, The World Deepwater Market Report 2008-2012, forecasts that nearly $25 billion will be spent annually in deepwater capital expenditure by 2012. Speaking at the Deep Offshore Technology …
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KPMG survey: oil executives see need for renewables
Looking ahead to the year 2030, the Energy Information Administration forecasts that oil, coal, and natural gas will comprise 80% of the US energy supply. That is about the same percentage that fossil fuels …
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Depleting crude oil reserves drive natural gas industry
… natural gas is still anticipated to emerge as a promising commodity over the coming years. GBI Research provides business intelligence reports, offering actionable data and forecasts based on the insights of key industry leaders.
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Oil and gas financing outlook for 2012
… have the greatest impact on US power generation capacity in the coming decade. For its part, the US Department of Energy forecasts that the use of coal to generate electricity will drop 2% this year to the lowest level since 1992, while gas-fired consumption …
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Investors file lawsuit against CARBO Ceramics
… 24, 2012, analysts at Dahlman Rose & Co. revised their ceramic supply-and-demand model to reflect lower 2012 demand forecasts based on “cyclicality in the gassy Haynesville” shale play. Dahlman Rose analysts added, “We expect global ceramic …
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IHS completes 3 strategic acquisitions
… replacement options for obsolete parts or components that are in short supply, as well as access parametric data, life-cycle forecasts , and material data to choose the right components for their design. IHS President and COO Scott Key said: “The acquisition …