"A global frontier outlook - benchmarking competitiveness and addressing technology challenges"
Jarand Rystad, CEO
WPC Leadership Conference
May 27, 2015
Tromsø, Norway

"Value creation from exploration at NCS despite oil price collapse?"

Jarand Rystad, CEO
Recent Advances in Exploration Technology & NCS Prospect Fair

May 20, 2015
Oslo, Norway

"How will E&P cost cutting impact the subsea vessel industry?"
Jon Fredrik Müller, Senior Project Manager
Subsea Vessels Europe Conference
April 29-30, 2015
Oslo, Norway

Oil Market Conference 2015

The Oil Market Conference 2015 is organized by Rystad Energy.
April 23, 2015
Oslo, Norway

"Recent exploration of the Barents Sea: Has it deliverd according to expectations?"

Nils-Henrik Bjurstrøm, Senior Project Manager
Hydrocarbon Habitats No.1, 2015 
April 21, 2015
Stavanger, Norway

"Oil price collapse: reasons and consequences for global supply" 
Anton Sungurov, Business Development Manager, Russia
April 20, 2015
Moscow, Russia 

"Big picture views on the Offshore sector"
Lars Eirik Nicolaisen, Partner
Houston Offshore Finance Forum
March 31, 2015

Houston, USA

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"US oil production on track to reach all time high in 2015"
Rystad Energy estimates US annual oil production (crude oil plus lease condensate) to peak at 9.7 million barrels per day by September 2015, assuming WTI stays at 55 USD/bbl on average for the year. The average production for 2015 estimated at 9.65 MMbbld could be an all-time high after its peak in 1970 with 9.64 million barrels per day as yearly average. 

"Oilfield service down 14 percent, but upswing already from 2017" (Norwegian press release)
Rystad Energy published its latest quarterly offshore market report on recent developments in the Norwegian oilfield market. While the Norwegian Petroleum Directorate (Oljedirektoratet) sees further declines until 2018, Rystad Energy estimates the market to rise again from the end of 2016. This is happening despite the fact that four field developments – Johan Castberg, Snorre 2040, Vette and Tommeliten Alpha – have been postponed and more than 100 billion kroner in investments have been moved post 2020. “The main point is that we face a couple of tough years ahead, but there is light at the end of the tunnel”, says Markus Nævestad, Senior Project Manager, who is in charge of the report.

"The oil price collapse hits the MODU Markets" 
We have now witnessed large cuts in E&P spending guiding for 2015, for both offshore developments and exploration activities. In floater demand, we have already seen the effects of these spending cuts - and we expect to see increasing effects for jack-ups. In both markets, we see a reduction in demand numbers for 2015 and 2016 compared to 2014 levels. Despite the current negative sentiment, Rystad Energy believes that we will see positive growth rates post 2017.

"Canada Oil Sands - An Update" by Olga Kerimova, Analyst, and Theodora Batoudaki, Analyst
(Published by PESGB Newsletter)
Canadian oil sands have a relatively high cost of supply compared to other sources of production and are hence more sensitive to lower oil prices. This article assesses the outlook for the Canadian oil sands, illustrated by three key drivers: production, operating costs and spending.

"Arctic Offshore Oil, Gas Outlook" by Jon Marsh Duesund, Senior Project Manager
(Published by E&P Magazine)
The Arctic is believed to hold vast oil and gas resources and is seen by many as the final big frontier within the oil and gas industry. Part of the reason for this belief is the deep sediment layers in the Arctic, which provide good conditions for source rock formation. However, the recent drop in the oil price, combined with environmental issues, has raised concerns of whether these resources will ever be produced. According to Rystad Energy’s global cost of supply curves, Arctic projects are part of the most costly supply and are more at risk of not being developed than other sources of supply.

"The Australian LNG Market" by Leslie Wei, Analyst
(Published by LNG Industry)
Australia has experienced an extraordinary surge in LNG investments over the last 5 years.  As these projects start to come online, LNG supply from Australia will increase considerably, from ~25 MPTA in 2015 to over 50 MTPA in 2017. This article will start with an overview of the global LNG trends, and then take a deep dive into the Australian market.

For the first time in Norway there will be a conference focusing entirely on the current oil market development. All speakers are leading oil market analysts and all presentations are based on recent fact-based research. The conference targets investors, oil industry top management and other oil observers that need to understand market fundamentals. The Oil Market Conference Oslo is organized by Rystad Energy.

- Cash flows, capital allocation and supply response
- Demand response, substitutes and storage
- Market balance and oil price recovery
- Panel discussion including Q&A

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.