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Breaking News:

OPEC Production Falls To Three Decade Low

Rystad Energy

Contributor since: 14 Feb 2018

Rystad Energy

Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy consulting and research products.

Rystad Energy’s headquarters are located in Oslo, Norway. Further presence has been established in London, New York, Houston, Stavanger, Moscow, Rio de Janeiro, Singapore, Bangalore, Tokyo and Dubai.

Latest articles from Rystad Energy

  • There’s Tremendous Room For Growth In Offshore Oil & Gas

    Published 07 May 2019 | viewed 39,155 times

    The Offshore Technology Conference (OTC) in Houston, Texas celebrates its 50th birthday this week, begging the question – what will the next 50 years hold…

  • Saudi Arabia Will Cap The Oil Price Rally

    Published 25 April 2019 | viewed 36,500 times

    The US said on Monday that it won’t extend the sanctions waivers for eight countries importing crude oil from Iran. The move could remove around…

  • Iraqi Oil Industry Takes A Critical Turn

    Published 24 April 2019 | viewed 25,339 times

    For the world’s fourth-largest crude producer, natural gas is about to take pole position. Rystad Energy forecasts that gas developments in Iraq will overtake oil…

  • Oil & Gas Discoveries On The Rise As Oil Majors Dive In

    Published 08 April 2019 | viewed 33,736 times

    Oil and gas exploration is off to a flying start in 2019, with majors taking a bigger bite of the conventional resources discovered in the…

  • Why Oil Markets Need New OPEC+ Cuts

    Published 04 April 2019 | viewed 18,921 times

    As oil prices approach $70 a barrel, Rystad Energy expects that a short-lived price rally through the first half of 2020 will then lose momentum…

  • Oil & Gas Cash Flow Hits All-Time High

    Published 02 April 2019 | viewed 33,494 times

    The world’s publicly listed oil and gas companies are bringing in cash at the best rate ever witnessed even though oil prices have only partially…

  • Oilfield Services Might Not Fully Recover Till 2025

    Published 19 March 2019 | viewed 14,864 times

    The global oilfield service sector’s recovery from the deepest trough it has ever encountered is not going to happen overnight. Not until 2025, 11 years…

  • Oil Majors See Shale As A Bridge To Renewables

    Published 12 March 2019 | viewed 8,087 times

    Oil majors are readying themselves for the energy transition by investing in shale and waiting for renewable technology to be economical, according to Rystad Energy.…

  • U.S. Will Soon Export More Oil, Liquids Than Saudi Arabia

    Published 07 March 2019 | viewed 34,762 times

    In a pivotal geopolitical shift, the United States will soon export more oil and liquids than Saudi Arabia. This remarkable turnaround is made possible by…

  • Rystad Sees Rapid Rise In Subsea Tree Installations

    Published 04 March 2019 | viewed 11,576 times

    A rapid rise in subsea tree installations is projected for the global offshore industry in the coming years, as operators are poised to boost expenditure…

  • An Underestimated Niche In Oil & Gas

    Published 21 February 2019 | viewed 22,735 times

    Several hundred offshore oil and gas wells could cease production by 2021 in the face of today’s bearish oil market. As a consequence, so-called decommissioning…

  • The 30 Most Exciting Wildcat Plays Of 2019

    Published 19 February 2019 | viewed 14,499 times

    After years of budget cuts, oil and gas companies are finally stepping up their exploration game. Several wildcat wells planned for 2019 have the potential…

  • Venezuela’s Oil Production Could Fall Below 700,000 Bpd Next Year

    Published 11 February 2019 | viewed 20,284 times

    Venezuela’s oil industry has been in a tailspin in recent years, with the country’s crude oil production falling from 2.4 million barrels per day (bpd)…

  • 5 Things To Watch In Natural Gas

    Published 05 February 2019 | viewed 17,904 times

    A new report from Rystad Energy identifies five vital themes that will shape global gas markets in 2019. Significant LNG production growth, the rise of…

  • ExxonMobil Leads In Exploration Successes In 2018

    Published 01 February 2019 | viewed 13,841 times

    Driven by its significant investment in Guyana, ExxonMobil is leader of the pack among the top oil and gas explorers of 2018, according to Rystad…

  • U.S. Set To Pump More Oil Than Russia And Saudis Combined

    Published 24 January 2019 | viewed 29,593 times

    In a major shift, the United States is set to produce more oil and liquids than Russia and Saudi Arabia combined by 2025. In Rystad…

  • Global Gas Production Reaches Highest Growth In A Decade

    Published 18 January 2019 | viewed 6,965 times

    The industry achieved a net production increase of 164 billion cubic metres (bcm), which represents the highest production growth since 2010, according to research by…

  • Offshore Spending To Overtake Shale In 2019

    Published 16 January 2019 | viewed 14,824 times

    Rystad Energy forecasts offshore spending will outgrow spending on onshore shale activities this year. Service companies exposed to the offshore subsea market and the maintenance,…

  • Haynesville Shale About To Break All-Time Gas Output Record

    Published 11 January 2019 | viewed 18,922 times

    Gas production in the state of Louisiana in the southern U.S. will soon reach record heights thanks to an outstanding resurgence of the Haynesville shale…

  • Has U.S. Fracking Activity Peaked Already?

    Published 07 January 2019 | viewed 18,827 times

    Shale drilling activity in the US likely dropped to 44 jobs per day in November 2018, Rystad Energy’s analysis of preliminary data suggests. We conclude…

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