Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and office assignments. He currently maintains an independent training and consulting practice, and writes on energy related topics.
There is a fairly blithe assumption in government circles that shale production can be raised at will. That assumption is about to be put to…
Executing a plan some eight years in the making, Russia invaded Ukraine at the end of February 2022. So savage, and indiscriminate was this attack…
The Biden administration has made no secret of their disdain for traditional energy sources that derive from petroleum sources, favoring instead, so-called “green energy” alternatives.…
Events occur in the energy market almost too fast to properly catalog these days. The torrent of information is cacophonous as one dire prediction for…
Offshore wind farms are proliferating around the world in pursuit of the shift to clean energy. Viewed almost as perpetual motion machines, virtually every country…
Recently, ExxonMobil, (NYSE:XOM), and Chevron, (NYSE:CVX) announced their intention to sharply ramp up production in their shale output by about 25% this year. The companies…
The signs are emerging that the era of cheap and widely available energy is drawing to a close. Around the world, people are discovering that…
The decline of the oilfield service sector (OFS) due to reduced activity in the past few years have required companies participating in this space to…
WTI and Brent proved how closely tied oil prices are to perceptions about the economic recovery over the last couple of weeks. For a time…
There is a case that can be made that the present day liquidity profile and reduced capital investment in upstream sources for new supplies of…
For years, the Kingdom of Saudi Arabia’s economy has suffered from low oil prices. Since 2014 when it increased supplies to try and break American…
Let’s imagine that a few years ago in early 2014 that Vladimir Putin had tossed a coin in a wishing well and asked for a…
The Euro majors have been shrinking their legacy high carbon portfolios to transition their product mix to meet the lower carbon climate goals of the…
There is a buzz in the gas market, the likes of which has not been seen for a number of years. In the space of…
In search of higher prices, shale oil producers have reined in upstream capex over the last couple of years. Before 2019 they were focused on…
The oil market has come through some tough sledding the last 6-8 weeks as doubts about the commitment of OPEC+ to the newly agreed output…
A new era in deepwater drilling is about to begin. With the sanctioning of the Anchor project super-major operator, Chevron, NYSE: CVX) signaled that it…
The lack of growth in shale production, currently inching higher but primarily from DUC- Drilled but Uncompleted wells, has been largely attributed to capital discipline.…
The recent OPEC+ meeting ended with an agreement that would gradually increase the cartel’s monthly production until in late 2022 all of the 9.7 mm…
At mid-year 2021 we find that we are in an unsettled state with respect to crude supplies. Of the three largest contributors to global supply,…