Flock of Seagulls: Iran

By Paul Sankey Published on February 17, 2022 at 8:52 AM

Strategy Session tonight, Doomberg. New guest date to-be-confirmed, Florian Thaler CEO of oil analytics company Oilx. We spoke to him yesterday on the subject of… The potential impact of Iran on oil markets in 2022. It is very different from 2015. In this note we briefly explain why. Iraq production falls 160kb/d in January – covered in this note. Accusations of cross-border shelling in Eastern Ukraine. No further comment in the note, but you can […]

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I just dropped in…

By Paul Sankey Published on February 11, 2022 at 10:50 AM

Hi I am just checking in to assure you I survived the Houston NAPE conference, landmen and all, but am still on the road, headed to New Orleans. This week has been discombobulated – my initial flight on Tuesday was cancelled by United, I rushed to Newark, made the 2pm, just made dinner in Houston, made the NAPE conference yesterday, made dinner with a Nebraska CEO, went to the after party rave and here I […]

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Afternoon $PUMP

By Paul Sankey Published on December 22, 2021 at 3:58 PM

One of the great conundrums of oil is decline rate One of the unconsidered factors is oil field SERVICE decline rates of 20% per annum Oil field inflation is colliding with US E&P capital discipline US production growth next year over/under is just +500kb/d with downside We spoke to ProPetro $PUMP and others around our recent trip to Midland, the core of the Permian. Adding US production volumes over 2022 is going to be a […]

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