Oil price, VOG, i3, Arrow, Empyrean. And finally…

Oil is unchanged today after a big fall last week, both sides are finely balanced at the moment. IOG still have teething troubles at Blythe, VOG has lost a big part of the arbitration, i3 have record production and better than expected reserves and Arrow have spudded in Columbia. Meanwhile 6 years on Empyrean is about to spud...

2022-04-04T12:58:04+01:004 April 2022|Categories: Daily Blog|Tags: , , , , |0 Comments

Oil price, Exxon, Scirocco, VOG, Longboat, Far, Eco Atlantic.

Oil stays obediently at $90 as the Opec+ meeting convenes. Scirocco has the put and the call with Tanzania situation improving and the EAG side also looking good, both could be the future. VOG is really beginning to do well with plenty of upside. Longboat has announced that the Ginny and Hermine prospects where dry and the battle for Far seems to have settled at about A60c. Finally good news vicariously for Eco Atlantic as CGX find oil in Guyana.

Blog from Houston, Oil price, Kistos, VOG, Far, Coro.

The trading range for oil seems to be pretty tight, there is little doubt that stocks will continue to fall and that 1Q 2022 will be the battleground. Yesterday Kistos had more good news and today VOG provide an exceptional update. Far have spudded a very interesting exploration well in The Gambia and Coro has a binding JV agreement in Vietnam.

2021-11-16T17:15:31+00:0016 November 2021|Categories: Daily Blog|Tags: , , , |2 Comments