Oil price, Kosmos, PetroTal, Echo, Premier. And finally…

Oil fell hard, previous Saudi action to offset lower Asian demand as well as lower domestic demand as two major refineries remain closed hit the market. Kosmos has sold a package of assets to Shell and PetroTal hope to get the Bretana field up and running 'imminently'. Echo Energy has splashed out, albeit on the strap, on 4 gas compressors previously leased as well as bring back some shut-in production. Finally, in case you missed it in the late blog yesterday I rerun the link to my interview with Premier Oil CEO Tony Durrant.

2020-09-09T10:19:45+01:009 September 2020|Categories: Daily Blog|Tags: , , , |0 Comments

Oil price, Coro, Kosmos, Cairn, Reabold, AOW – And finally…

I catch up on the oil price which in my absence has risen by three dollars and looks quite healthy just now. Kosmos have another monster find off Mauritania whilst Cairn have another delay in India arbitration and a duster in Mexico. Reabold have an admin delay with regard the the Rathlin swap and I get into the TV studio with James Menzies of Coro Energy.

2019-10-28T16:32:07+00:0028 October 2019|Categories: Daily Blog|Tags: , , , |2 Comments

Oil price, Cairn, Petro Matad, Cluff, Providence/Lansdowne, Kosmos – And finally…

Oil has drifted this morning as the further worries about trade talks bring jitters to the market. But lower rig count and a sub 30m b/d number from Opec keeps things tight. Cairn have had a dry hole in the Norwegian Sea and Petro Matad are suffering after having to suspend the Heron-1 well after title dispute with the provincial govt. Cluff announce that Shell have started 3D seismic on Pensacola and Providence and Lansdowne extend yet again the Chinese backstop date. Kosmos have 2Q figs which were good and have an exciting 2nd half of drilling ahead of them.

Go to Top