 |
Louisiana Light • 3 days | 87.12 | +0.03 | +0.03% | ||
|
Bonny Light • 19 hours | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% | ||
|
Mars US • 173 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 55 mins | 2.735 | +0.001 | +0.03% |
|
Bonny Light • 19 hours | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 19 hours | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 3 days | 86.51 | -1.01 | -1.15% |
|
Peace Sour • 18 hours | 76.56 | +1.46 | +1.94% | ||
|
Light Sour Blend • 18 hours | 79.61 | +1.46 | +1.87% | ||
|
Syncrude Sweet Premium • 18 hours | 86.56 | +1.46 | +1.72% | ||
|
Central Alberta • 18 hours | 76.96 | +1.46 | +1.93% |
|
Eagle Ford • 3 days | 79.33 | -0.29 | -0.36% | ||
|
Oklahoma Sweet • 6 days | 79.75 | +0.50 | +0.63% | ||
|
Kansas Common • 2 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 3 days | 87.02 | -0.29 | -0.33% |
Rune Likvern
Holds an MSc from Norwegian University of Science and Technology (NTNU), 1980, Marine Technology.
20 years of experiences from several international oil companies, primarily Statoil inclusive management and encompassing major process components, site supervision, field developments, area studies, exploration economics, value chain analyses, technical and commercial responsibilities for natural gas logistics related to Troll Gas Sales Agreements (TGSA)
Latest articles from Rune
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Is The Bakken Profitable At $50 Oil?
In the first part of this post I present an update on the profitability for Light Tight Oil (LTO) extraction in the Bakken (ND) as…
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Oil Prices To Stay Low If Global Credit Impulse Turns Negative
For some time I have explored the relations in developments for total debt [private and public], interest rates, Gross Domestic Product (GDP) energy consumption and…
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Norwegian Oil Plays Struggling After Oil Price Collapse
Norwegian crude oil extraction peaked in 2001 at 3.12 Million barrels per day (Mb/d) and in 2016 it was 1.62 Mb/d, growing from 1.57 Mb/d…
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Where Are Oil Prices Heading?
In this post I present developments in world crude oil (including condensates) supplies since January 2007 and up until June 2016. I then take a…
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The Bakken: The Top 10 Wells
In this post I present some of the methods I have used to get estimates based on actual NDIC data on the Estimated Ultimate Recovery…
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Why Global Debt Growth May Extend The Oil Glut
In this post I present some selected parameters I monitor which may help understand near term (2-3 years) oil price movements and levels. It has…
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Oil Price Rebound Might Come Too Late For These Bakken Producers
After years of following developments in extraction of light tight oil (LTO) in the Bakken, the oil price, studying actual well production data from the…
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Shrinking Norwegian Natural Gas Production Puts Europe In Dire Situation
In this post I present actual Norwegian natural gas production, status on reserves, the development in discoveries and what this results for Norwegian Petroleum Directorate…
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US Shale: How Smoke And Mirrors Could Cost Investors Millions
In this post I present what I found from applying R/P (Reserves divided by [annual] Production) ratios for Light Tight Oil (LTO) for 3 big…
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Are The Bakken’s Sweet Spots Past Their Prime?
This post is an update on total Light Tight Oil (LTO) extraction from Bakken in North Dakota based upon actual data as of October 2014…
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Global Debt Growth Kept Oil Prices High And Delayed The Bakken “Red Queen”
The saying is that hindsight (always) provides 20/20 vision. In this post I present a retrospective look at my prediction from 2012 published on The…
