OPEC, non-OPEC, oil production, Stratas Advisors

The production cut deals are expected to mitigate the global oil supply glut to a certain degree. As a result, OPEC production in 2017 is expected to drop by 600,000 bbl/d.

Petrobras, Brazil oil and gas, Carmópois

The Brazilian state-owned company is working to increase the recovery factor at the Carmópolis oil field to 32%.

Report: Marcellus, Utica Rise Again But Face Host Of Challenges

Babst Calland cites regulatory and consolidation challenges that beset operators in the Marcellus and Utica.

uae_sour_gas

The combined gas reserves in the Gulf Cooperation Council (GCC) is about 1,500 Tcf, but much of the reserve is associated gas and expensive to extract.

Survey: Canada Climate Change Policy Gives Oil Sales An Edge Globally

CAPP survey shows that global customers favor Canada oil because of country’s climate change policies.

BP Review: World Energy Consumption Wobbles For 3rd Straight Year

India and China are driving growth in energy consumption, BP report says.

india_oil_review

The move has been widely seen as a step to enhance domestic production and to reduce dependence on imports of petroleum products.

Schlumberger, artificial lift, ESP, Kazakhstan oil and gas

In a Kazakhstan field, optimized ESP selection increased run life by more than 500%, and Lift IQ service reduced downtime by another 27%.

artificial lift, EOR, Mexico, farm-out

EOR and artificial lift systems are needed to rejuvenate the Cardenas-Mora and Ogarrio fields.

oil and gas, final investment decision, Rystad Energy

The number of non-sanctioned oil and gas projects has risen from 29 in 2015 to more than 100, according to a report.

Mozambique, Eni, Coral South, FLNG, offshore

The FLNG development will be the first offshore Africa and the world’s third.

Peak oil demand will emerge through a supply gap by 2022 that will be difficult to bridge, the CEO of political risk firm Eurasia Group said.

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