Remove 2019 Remove Energy Remove Oil
article thumbnail

Energy Market Assessment: Restoring upward mobility of the masses will have a profitable oil & gas drilling boom

Oil & Gas 360º

(Oil & Gas 360) – Switching Back To An Employer-Driven Economy (From Ruler-Driven) Restoring Upward Mobility Of The Masses Will Have A Profitable Oil & Gas Drilling Boom. Energy Information Administration data) U.S. The drop resulted from the number of rigs drilling for oil dropping from 680 to 180.

Oil 130
article thumbnail

Global Energy Perspective 2019

McKinsey

The Global Energy Perspective Reference Case provides our view on how the energy transition will unfold.

Energy 111
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront.

E&P 130
article thumbnail

Daily Energy Report

Daily Energy Report

Chart of the Day EOA: Global Oil Inventories Are Near the Bottom of the 5-Year Range Subscribe now Summary Global COMMERCIAL oil inventories have declined significantly in recent weeks, nearing the bottom of the 5-year range as shown in Figure (1). The chart shows trends from 2019 to 2023 (5-year range), and for 2023 and 2024.

Energy 52
article thumbnail

IFS in Energy: A Year in Review

IFS: Oil & Gas

As we stand back and reflect on 2019, I am immensely proud of what the IFS team has achieved in. The post IFS in Energy: A Year in Review appeared first on IFS Blog.

Energy 52
article thumbnail

The world has a major crude oil problem; expect conflict ahead

Energy Central

In fact, world crude oil production has been falling behind needed levels since 2019. Media outlets tend to make it sound as if all our economic problems are temporary problems, related to Russia’s invasion of Ukraine.

article thumbnail

U.S. Oil And Gas Production Again on a Record Pace

Energy Central

oil production with an average daily production of 12.93 million bpd set in 2019. However, current data from the Energy Information Administration (EIA) shows that average daily production thus far in 2024 is 13.12 Last year marked a record for U.S. million barrels per day (BPD). million bpd — 7.1%

Oil 40