"State of the union – hvordan overleve det neste halvannet året før markedet antas å snu igjen?" Audun Martinsen, Senior Analyst Oljebransjens Innkjøpskonferanse 2015 September 30, 2015 Stavanger, Norway
"Are lower oil prices the norm?" Lars Eirik Nicolaisen, Partner Americas Offshore Support Journal Conference September 22, 2015 Houston, United States
Rystad Energy User Meeting 2015 September 15-16, 2015 London, United Kingdom
"Energibehov og oljepris i det globale bildet - og hvordan dette påvirker aktivitetsnivået på norsk sokkel" Tore Guldbrandsøy, SVP & Head of Stavanger Office NPF - Den 28. Kristiansandskonferansen innen boring og brønn September 14, 2015 Kristiansand, Norway
Rystad Energy Information Session during SPE Offshore Europe "North Sea losing its relevance only short term" September 8, 2015, 3.30pm-5pm Aberdeen, United Kingdom For sign up, contact Julia Weiss
"Global energy supply and demand" Jon Fredrik Müller, Senior Project Manager Offshore Construction, Heavy Lift & Pipelay Conference September 3, 2015 Amsterdam, Netherlands Products Webinar
Rystad Energy product overview on E&P, OFS, Shale and NCS products Date: August 18, 2015 Time: 5:00pm CEST
Floater market facing challenging times, retirements to reach historical high
Comparing Canadian oil sands, shale and offshore cost curves
LAST BUT NOT LEAST Did you know we have a contributor page (RYST) on the Bloomberg terminal?
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"The oil and gas industry is cutting investments by 180 BUSD in 2015, Canada oil sands and LNG is most suffering" by Per Magnus Nysveen, Senior Partner & Head of Analysis and Readul Islam, Senior Analyst The current glut of oil supply and collapse in oil prices* are direct consequences of overinvestments by the oil and gas industry in 2013 and first half of 2014. The peak of oil and gas upstream investments was reached in 2013 when oil and gas companies invested as much as 900 billion USD in exploration, drilling, field development and field maintenance. This led to an increase of global supply of oil products from 90 million barrels per day in 2013 to the current output of 94 million barrels per day. As the growth of oil demand is gradually coming down thanks to more efficient consumption and maturing economies, most of this new oil is being stuck in storage tanks. Read more
Rystad Energy on CNBC Africa The world's biggest oil majors have announced significant job cuts on the back of a lower oil price and poor results. Per Magnus Nysveen, Senior Partner & Head of Analysis, speaks to CNBC Africa for how investors should be reacting. For link to interview, click here
"The return of Iran to the western oil markets" by Per Magnus Nysveen, Senior Partner & Head of Analysis Depending on the speed and depth of reversing the sanctions, we expect Iran will recover 400-500 kbbld of its potential overcapacity of 700 kbbld within two years. This additional oil will primarily come from the old giant oilfields Agha Jari, Awhaz Asmari, Gachsaran and Marun. The quality of the added oil is moderately heavy and sour with about 32 degrees API density and 2% sulphur content. Read more
"Stronger resilience to lower oil prices in Canadian offshore than shale" by Sona Mlada, Analyst The decreased commodity prices hit the Canadian upstream business hard, which is effecting future contributions from shale, oil sands and offshore projects. The following elaborates on the influence of the oil prices on the Canadian shale and offshore activities, comparing the cost curves for these two important supply sources. Read more
"Cost deflation and the effect on 2015 breakeven prices" by Per Magnus Nysveen, Senior Partner & Head of Analysis, and Leslie Wei, Analyst (Published by Oil & Gas Financial Journal) As the oil price remains low exiting the first half of 2015, operators are emphasizing the lower unit costs, or cost deflation, expected for the year. Lower costs are the combined effect of two reduction categories: efficiency gains (structural) and lower service costs (cyclical). Both points are important when estimating 2015 breakeven prices.Read more
"Round one tender – the impact on Mexico’s production" by Olga Kerimova, Analyst, and Theodora Batoudaki, Analyst (Published by PESGB Newsletter) Mexico’s production is in decline phase. The government of Mexico and the largest contributor to the country’s production, Pemex, are actively trying to reverse this trend by awarding 169 oil blocks to foreign operators. This article assesses the outlook for the Mexico E&P industry, illustrated by three key drivers: production, exploration success and spending. Read more
"The brent forward curve is too low" by Bjørnar Tonhaugen, VP Oil & Gas Markets The global oil market is tightening slowly from a peak supply and demand imbalance in Q2 2015, according to Rystad Energy’s latest research. The June Global Oil Market Trends Report sees insufficient oil demand growth to prevent further counter-seasonal stock building in Q3 and Q4 2015. Read more
Our latest product: Global Oil Markets Trends Report (OMTReport) Rystad Energy’s monthly market view for oil price direction & forward curve development, explaining market fundamentals, global S&D history and outlook, cost of supply curves, and regional variations based on Rystad’s bottom-up approach to data. Detailed analyses over the course of an annual subscription would include: short term trends & medium term outlook, market moving events, & expectations for the shape of the forward curve. For more information contact Bjørnar Tonhaugen, VP Oil & Gas Markets
Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy advisory and research products for E&P and oil service companies, investors and governments. We are headquartered in Oslo, Norway, with additional research teams in India. Further presence has been established in the UK (London), USA (New York & Houston), Russia (Moscow), for Africa as well as South East Asia.