Steve Brown is a petroleum engineer with over thirty years of experience with BP, Halliburton, Challenge Energy, Petrofac, Exile Resources, Setanta Energy and now The Steam Oil Production Company Ltd. At BP he led the Harding field pre-project team and was the first Andrew field operations manager. He founded Challenge Energy (now part of the SLR Group), Exile Resources (now Oando Energy Resources), Setanta Energy and The Steam Oil Production Company Ltd.
After following the weekly production statistics avidly for some months and initially being smugly pleased by the data saying exactly what I wanted to hear,…
Friends, Oilmen, Economists, I come not to bury Sieminski but to praise him. In case you don't know (I confess I didn't) Adam Sieminski is…
The EIA has just published its latest update to the Drilling Productivity Report (DPR), and soon we will get their update to the Short Term…
OPEC is the ultimate cartel, it was formed to get its members a better price for their product than the free market would allow, and…
Brazil is cleaning up its act, the national oil company, Petrobras, and its contractors are being dragged through a car wash. The country, the company…
Back in February 2015, Bob Dudley, BP's CEO, said in a Bloomberg TV interview that the fundamental supply and demand picture reminded him of 1986,…
Last week I spotted a very interesting chart that Gregor MacDonald tweeted which showed world oil production over recent years excluding the USA. The chart…
Value per barrel is a completely hopeless way of putting a price on an oil company or project; but (as with democracy and political systems)…
I wrote earlier about oil prices, or more specifically, about where oil prices might go in the medium to long term; that was $80/bbl plus…
Everyone knows it by now but the growth in domestic US oil production has been truly astonishing. Spurred on by high oil prices and easy…
The development of heavy oil in the UK goes back further than most people realize. All the way back to 1787, in fact. That was…
The recent collapse in oil prices has taken pundits and oil producers by surprise. It was only six months ago that prices were over $100/bbl…