Energy News | Consilience Energy Advisory Group

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 2015. In many […]

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 act as […]

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 counterparties with […]