26 Feb Swing Low, Sweet US Shale

Posted at 15:47h in Liz Out Loud

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I have tried really hard over the last few months not to be the old bore saying to the young traders: “Call this a price slump? Now 1986, there was a price slump.” But there are some intriguing facets to the current oil price kaleidoscope...

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26 Feb A Game of “Pass the Parcel” with Assets

Posted at 15:46h in Liz Out Loud

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At the individual field level, the timing of the oil price collapse has in many cases compounded its overall impact. Prices started to fall at the beginning of 4Q 2014 just as joint venture partners all around the world got together to agree budgets for...

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26 Feb When Shutting-In Production is Not an Option

Posted at 15:46h in Liz Out Loud

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I have read several glib remarks about current low prices signalling the final demise of the North Sea. I can quite easily see a dip in production as start-ups are put back and maintenance work overs are deferred, but the cost of abandonment will always...

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26 Feb Ditching the Hedging

Posted at 15:46h in Liz Out Loud

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It is difficult to say how well hedged or otherwise was the oil industry as we headed into this low price cycle. The first quarter’s results will prove informative. But some companies who planned to hedge found they could not do so because the trusted...

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