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Prediction
Prediction news and technical articles from Oil & Gas Financial Journal. Search Prediction latest and archived news and articles
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Oil price prediction : $100 in 1Q and $150 by summer
The price of a barrel of crude oil could soar to nearly $150 a barrel by summer, according to Joe Petrowski, CEO of Gulf Oil and the Cumberland Gulf Group. Petrowski made the statement on a CNBC program on Dec. 23.
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Ten geopolitical, economic predictions for 2010
… architecture. Gregory R. Copley for the OilPrice.com believes this is a trend which will compound during 2010. Read his predictions on the decline in Western asset values, the increasing conflict in Afghanistan and the Arabian Peninsula, and forced moves …
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Prepare for another hurricane season
… normal flows in the aftermath of the hurricanes. The latest prediction for the 2009 Atlantic season, which began June 1 and runs through ..... six hurricanes, and two major hurricanes. Here are the predictions by several leading hurricane forecasters: AccuWeather predicts …
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Analyzing the oil price analysts
… months ago. If these analyst gurus were wrong before, their predictions may be equally off base today. As this is being written in ..... average $82/bbl this year. This is about the highest prediction I have read. Roach, who is also head of Morgan Stanley …
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The need for accountability
… production somewhere in the world. Since his prediction , analysts with the influential investment ..... the next few years. The bank’s predictions are supported by thin spare capacity ..... capacity. Goldman calls its superspike prediction of $105 oil “conservative …
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New Technologies are helping us meet global energy demand
… for more accurate subsurface models that can lead to better predictions of reservoir performance. The reservoir model needed by the engineer ..... reservoir simulator will be able to generate a 20- to 30-year prediction of well and field production. Click here to enlarge image …
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Weekly Update: EP Energy and Cove Energy find their suitors
… in the Kinder Morgan/El Paso deal, had the E&P division received the same premium, and short of Evaluate Energy’s prediction at the time of $8 billion. However, the Henry Hub benchmark price of gas has fallen from $3.39 per mcf to just $2 …
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JV streak continues as Chesapeake completes US$2.32B Utica Shale deal with Total
… in the short life of the emerging shale play comes at the hands of Chesapeake who, in July, made headlines with its bold prediction that its “industry-leading 1.25 million net leasehold acres in the Utica Shale play could be worth $15 - $20 billion …
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Australia's Warrego Energy responding to shift to unconventional gas
… International Energy Agency has described the next 20 years as the potential "Golden Age of Gas." In April 2011, this prediction was reinforced when the US Energy Information Administration (EIA) published an extensive report concerning the global outlook …
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KNOC to acquire Canada's Harvest Energy for US$3.9B
… the December through February winter weather in the US, according to the 2009 Winter Outlook released by NOAA's Climate Prediction Center. Warmer-than-average temperatures are favored across much of the western and central US, especially in the north …