Brent oil platform (The information in this blog is from “Market Watch” in Oil & Gas Journal) Crude oil futures rose on September 18 after the US Federal Reserve announced plans to continue an economic stimulus program in a move that surprised oil traders and investors. Previously, the Fed had indicated it was leaning toward […]
September 18, 2013
Read the article: Colorado Floodwaters Cover Fracking And Oil Projects: ‘We Have No Idea What Those Wells Are Leaking’. This is the beginning: Colorado flooding has not only overwhelmed roads and homes, but also the oil and gas infrastructure stationed in one of the most densely drilled areas in the U.S. Although oil companies have […]
September 18, 2013
RBN Energy has started to publish a series of articles with the head line “The Truth is Out There – Shale Production Economics – xxx”. First I had planned to discuss them when the final article was published and I will do that, but I think you should start to read the first 4 articles […]
September 16, 2013
Shale gas in Texas The USA’s energy authority, the EIA, has now updated their statistics for shale gas production up till and including June 2013. We can now see that production in, primarily, Haynesville is beginning to fall. Production in Marcellus started a little later than in Haynesville and the area still shows increasing production […]
September 16, 2013
The fact that they have now begun to produce oil from Kashagan and that we know the project costs are $48 billion gives me reason to look at a report that Goldman Sachs presented in March 2012, ”360 projects to change the world”. They have studied how much oil and gas the various projects are […]
September 14, 2013
On October 6-7 I’m invited by the World Bank to the World Routes Strategy Summit 2013, which will be part of the Routes conference in Las Vegas. The summit will be chaired by the famous BBC World Television news anchor Aaron Heslehurst. (The program for the summit can be downloaded.) This is the third time […]
September 13, 2013
(English in separate blog) Det faktum att man nu börjar producera olja från Kashagan och att vi nu vet att projektkostnaderna är 48 miljarder dollar finns det anledning att titta på en rapport som Goldman Sachs presenterade i mars 2012, ”360 projects to change the world”. Man har studerat hur mycket olja och gas som […]
September 12, 2013
Around the world news media have reported that the giant Kashagan oilfield offshore Kazakhstan will start to produce oil before October 1st. Kashagan is the world’s biggest crude discovery in the last 40 years, with estimated resources (Oil Original In Place – OOIP) of 35 billion barrels and the recoverable reserves will be 9-13 billion […]
September 11, 2013
(The image shows Eirik Wærness and Staffan Riben.) Network Oil & Gas (NOG) was formed in Sweden 12 years ago. It is a forum for training, exchange of experience and debate on issues that affect the use and significance of fossil fuels. During a year, NOG aims to organise approximately six symposia. Last Monday’s symposium […]
September 11, 2013
Bilden visar Eirik Wærness och Staffan Riben. (English will come in a separate blog) NOG, Network Oil & Gas, bildades i Sverige för 12 år sedan och nätverket är ett forum för kompetensutveckling, erfarenhetsutbyte och debatt i frågor som berör de fossila bränslenas användning och betydelse. Under året försöker man ordna ungefär sex seminarier och […]
September 11, 2013
Some time back I received an e-mail that told me that Albert A. Bartlett’s days were numbered. The note that he wrote to us after he visited his doctor was filled with the peace and happiness of a man who had understood long ago what was important in life and had lived his own life […]
September 7, 2013
I would like to thank you for visiting my blog. For me you are a very important person. I have just looked at the statistics for the blog and in January there were 5,424 of you as unique visitors that visited my blog more than 4 times during that month. During the summer month of […]
September 20, 2013
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