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Spare Capacity
Spare Capacity news and technical articles from Oil & Gas Financial Journal. Search Spare Capacity latest and archived news and articles
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Industry Briefs
… current levels, in particular due to decreased non-OPEC supply, ongoing unrest in the Middle East, and limited spare capacity . The firm also expects natural gas prices to remain low due to an increasing supply and weak growth in demand. Furthermore …
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Standard and Poors revises NGL price assumptions
… current levels, in particular due to decreased non-OPEC supply, ongoing unrest in the Middle East, and limited spare capacity . The firm said it also expects natural gas prices to remain low due to an increasing supply and weak demand growth …
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Royale looks to add oil to its portfolio with Alaska acreage
… With the ongoing development of infrastructure in the exploration friendly state of Alaska, and the availability of spare capacity in the Trans-Alaska pipeline, timing was right for this strategic move. Further details and a plan for development …
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Ernst & Young: Oil demand likely to increase; supply less certain
… IEA release will not meet that increased demand, and the market will need more supply from OPEC at a time when its spare capacity is at its lowest level in more than 20 years. Beyond the short-term, over the next three to five years, pressures …
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M&A activity in oilfield service sector off to a running start
… the major OFS providers, it can be determined that spare capacity has slowly declined since its peak in 2009. Although ..... growth in service capacity. As such, the decline in spare capacity is expected to decline throughout 2013, creating …
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Emergence of the new oil price paradigm
… the oil supply chain. A lower spare capacity diminishes the ability to absorb ..... Investment in building additional spare capacity remains constrained due to the following reasons - Investment in spare capacity may result in holding idle assets …
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Purvin & Gertz Launches Global Crude Oil Market Outlook
… incremental oil demand under a range of supply scenarios through 2020 – Under our base petroleum demand assumption; spare capacity among OPEC producers is large enough to cover potential shortfalls from expected high growth areas. Global crude slates …
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Analysis: Falling costs for upstream oil, gas facilities appear to be bottoming out
… CERA chairman. “However, uncertainty related to present low oil demand and large spare capacity continues to hinder many projects.” OPEC spare capacity has tripled in the past 12 months to 6.4 million barrels per day (mbd). The reduction …
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Ernst & Young: Quarterly O&G outlook shows a more stable environment across all sectors
… market coming into balance this year, with ample spare capacity to meet increases in demand. Prices steadily increased ..... is some improvement in refining margins. However, spare capacity remains and refiners will have to keep capacity shuttered …
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Global E&P capital expenditure: trends & determinants
… theoretical backdrop; the abundance of spare capacity indicates a supply glut, which ..... period of flux. Relationship with spare capacity , non-OPEC cashflow and other variables Spare capacity and non-OPEC cashflow were not …