In the USA, they announced problems of the “shale” industry: for a number of companies they stopped publishing credit ratings

83
In the USA, they announced problems of the “shale” industry: for a number of companies they stopped publishing credit ratings

News comes from the United States that analytical and consulting companies have stopped publishing ratings and their forecasts for a number of companies involved in shale oil production. In particular, we are talking about the termination of activities in this direction by analysts of HEA (Heikkinen Energy Advisors) and investment bank Tudor Pickering Holt & Co.

It is noted that they removed American shale companies from the rating lists, whose capitalization is below $ 300 million, and the share price does not exceed $ 1.



Analysts believe that the attempts to track the ability to fulfill their credit obligations by relatively small shale companies in connection with the large-scale crisis that engulfed this industry have lost meaning. In fact, experts make it clear that these companies themselves are no longer able to service the accumulated debt and rely solely on state support. But at the same time, no one in the USA is ready to say which oil producing companies can count on direct state support.

Experts note that for small players in the shale hydrocarbon market "lenders and investors already have no hope." Many companies are trying to solve the problems of mergers in order to attract the attention of rating agencies. But this is unlikely to solve the problem with investor confidence.

The United States believes that the crisis in the shale industry can only be overcome if oil prices rise for at least a relatively long period to at least $ 50 per barrel. At the moment, a barrel of Brent crude oil has a price slightly above $ 35.

That is why relatively small shale companies, if production continues, will operate at a loss that will only exacerbate the accumulated financial problems. For large players in the US market, the situation is somewhat better due to the possibility of diversification of activities within the framework of ongoing projects.
    Our news channels

    Subscribe and stay up to date with the latest news and the most important events of the day.

    83 comments
    Information
    Dear reader, to leave comments on the publication, you must sign in.
    1. +2
      23 May 2020
      A country that knows how to inflate the soap bubbles of world scales in its favor. And someone thinks that shale is not just another fake? It seems to me that the Americans simply enter the oil shale from Iraq, Syria, etc. into the slate column, well, they get a little bit for the view on the camera. With the volumes of oil shale declared by them and the atrocious nature-killing technologies that they use, I strongly doubt that they have not polluted half of the country, but have not polluted, and this is strange.
      1. -22
        23 May 2020
        Do not write about what you do not understand at all, otherwise it will be another stupidity.
        Slate is not some kind of fake, but a rock.
        And the technologies are not "atrocious natural-killing", but the most common.
        It was you who were not in Western Siberia and did not see lakes of poured oil right next to the wells.
        In the extraction of oil shale, the same technologies are generally used as in the case of drilling and production in conventional fields. The thing is in their application, as always.
        1. In addition, the shale field can be mothballed. And with an ordinary well, it seems to be more complicated ...
          1. NKT
            +4
            23 May 2020
            Well, it is also a well in Africa. The main difference is only in the type of rock.
        2. +16
          23 May 2020
          Quote: Beringovsky
          Do not write about what you do not understand at all, otherwise it will be another stupidity.
          Slate is not some kind of fake, but a rock.
          And the technologies are not "atrocious natural-killing", but the most common.
          It was you who were not in Western Siberia and did not see lakes of poured oil right next to the wells.
          In the extraction of oil shale, the same technologies are generally used as in the case of drilling and production in conventional fields. The thing is in their application, as always.

          No, Mr. Beringovsky! It looks like you have not been to Siberia and have not seen how oil is extracted. There are no "lakes of oil". Yes, and you don't need to go to Siberia for this, drive through Tatarstan - pumps that pump oil are right along the roads.
          Is it you or old Soviet films that have seen enough or signed up.
          1. The comment was deleted.
          2. -6
            23 May 2020
            Does not look like it.
            I Siberia from Vladik and Anadyr to Sugut, Variegan and Nyagan traveled in due time. And he worked at Yamburg.
            And in oil exploration and overhaul and maintenance. Starting from the pombard and the operator and further and higher ... hi
            The most work at the well, nowhere is closer.
            And you probably just drove past the wells? In Tatarstan.
            Well, education corresponds, of course.
            Any questions?
            1. +2
              23 May 2020
              Quote: Beringovsky

              Any questions?

              As old man Stanislavsky said: "I don't believe!"
              I would say differently ..... But it is impossible - the moderator will be offended
              1. -10
                23 May 2020
                I don't care if you believe it or not.
                Here faith does not matter, it is not a theater. Here, knowledge and experience matter, which you obviously do not have in this matter.
                If you were, then it would not even occur to you to argue about my comment. Well, or at least not that way.
                And the amateur is immediately visible.
                Be healthy. hi
            2. +9
              23 May 2020


              I’m not getting into the technology of drilling a specific well, but their number in shale and conventional oil production is somewhat different.

              The scale of the photos is the same.
            3. +4
              23 May 2020
              It looks like you only worked on wells in Soviet times. Since then, much has changed.
              1. -6
                23 May 2020
                What exactly has changed?
                The drill string began to spin in the opposite direction?
                Have the UBT been placed upstairs? And from above to attach PRI?
                Can emissions cease to occur during well repairs? Or now they are not being repaired at all, have they become disposable?
                What has changed fundamentally in technology? You can say?
            4. +1
              24 May 2020
              I Siberia from Vladik and Anadyr to Sugut, Variegan and Nyagan traveled in due time. And he worked in Yamburg. I Siberia from Vladik and Anadyr to Sugut, Variegan and Nyagan traveled in due time. And he worked at Yamburg.


              That went straight? They don’t particularly romp there laughing I've been flying around. Show me where now LAKE OIL. I will not be lazy to tear friends in the fields, so that you are caught in a lie. In the old days yes it used to spill and light up. I’ll say more gas pipelines exploded funnels of 50 meters were. I have a photo album. Yes, and only then it was an emergency, and now the commission does not have time to fly from the center as everyone has already removed. And the digging spills were hit by a bulldozer and even managed to get out of the zone.

              You’d better explain why if, according to your technology, the returns are the same, then the shale well can be preserved, but the classic one can’t.
              1. -3
                24 May 2020
                Do you understand the expression "traveled" literally?
                Or are you a joker?
                Show me where the LAKE of oil is now.

                Did I write somewhere about today? In general, I gave this example, so that it would be clear that it is possible to damage nature with any method of extraction. And there were many accidents and oil spills in Siberia.
                You’d better explain why if, according to your technology, the returns are the same, then the shale well can be preserved, but the classic one can’t.

                Enough of amateurs for me today. Tired to impossibility.
                You can preserve everything, even .opu. The result will only be different.
                Tomorrow I will answer in detail, unless of course there is a desire. In short, the point is water cut. If you really understand at least something, then ... you will understand. Although, if they understood, then they would not ask such a question.
                Good night. Sorry if that, I personally did not want to offend you.
                1. -1
                  24 May 2020
                  Or are you a joker?

                  Emoticon do not see? People who have worked there for at least 2 years are understandable. After all, everything is on a harp or in the air. Wheels do not steer. And I still rode the water like Apostle Andrew laughing Scary for the inability to swim.
                  Did I write somewhere about today?

                  An article on the topic of the day. Why are examples of 20 years ago. And pay attention, I don’t argue ....

                  I'm not offenced. And about conservation I really wonder. Different people from the industry told me exactly the opposite things, but they are geophysicists and not exploiters.
                  1. 0
                    25 May 2020
                    Emoticon do not see? People who have worked there for at least 2 years are understandable. After all, everything is on a harp or in the air. Wheels do not steer.

                    The joke is accepted))))
                    Actually, I worked there much more, and where they fly and where they romp. And swooped and crawled "on the harp" and knocked over. Places in Siberia are very different.
                    An article on the topic of the day. Why are examples of 20 years ago. And pay attention, I don’t argue ....

                    It doesn’t matter; over the past 20 years, nothing has changed in technology. I tried to convey the idea that it was not in them, but in organization and control. Apparently it didn’t work out.
                    And about conservation I really wonder.

                    Please.
                    In short, then. When the field is depleted and oil inflows, water is pumped (crushed) into the reservoir through specially drilled wells. Reservoir pressure rises, oil inflow to oil wells increases. But since water moves unevenly, overflows occur in the reservoir, reach oil wells and we get a mixture of water and oil. They are separated, oil goes where it is necessary and water is pumped back into the reservoir.
                    Water cut in old fields is very high.
                    The problem is that they require constant attention and competent work, because processes in the reservoirs are dynamic. You can close the valves at the top, but the processes below will not stop. As a result, during re-preservation, you can get an unpleasant situation - a lot of water and a little oil. It will take a lot of effort and money to restore oil recovery. Sometimes a lot. And not the fact that the field will recover.
                    Like that. It is concise and simple. If anything is unclear, ask.
                    1. -1
                      26 May 2020
                      If anything is unclear, ask.

                      But debit and stock in shale wells are much smaller, and more must be pumped during conservation. So the canning process will be more expensive. Is not it? Acquaintances working for amers say that they don't preserve shale at all. Just drill new ones.
          3. +10
            23 May 2020
            In the Kuban, too, swing, lakes not seen
            1. The comment was deleted.
          4. +8
            23 May 2020
            Quote: Valery Valery
            go through Tatarstan - pumps pumping oil are right along the roads.

            I have seen such people in the Krasnodar Territory - they shake themselves and no one is steaming ...
            1. -11
              23 May 2020
              Well, if you and another commentator above have seen real wells "in the Kuban and in the Krasnodar Territory", then it means so it was everywhere and always.
              I simply have nothing to object to such great specialists. I give up ...
            2. 0
              24 May 2020
              I am in the Krasnodar Territory

              And in the Krasnodar and Astrakhan and in the entire Volga.
              The European part of the Russian Federation is experiencing a renaissance in oil production.
              I have a friend, a geophysicist, who has been contemplating deposits here for 5 years, but earlier everything was along Anabar and Khatanga
              Normal such stocks are obtained.
              We recently met before quarantine while he was talking, and I wondered how it had not been discovered before, they persuaded a liter laughing
              1. +2
                24 May 2020
                Quote: bk316
                while he was talking, and I wondered how it had not been discovered before, they persuaded a liter

                I first saw "rocking chairs" in the Krasnodar Territory back in the seventies - so they have been swinging there for at least fifty years. Nowhere there is oil contamination of the soil, and moreover, some of the "rocking chairs" stood next to the personal plots.
                1. 0
                  25 May 2020
                  As a child, in the 80s I came to the Kuban, I remembered rocking in the Varenikovskaya area and on the shore of Azov between Temryuk and Kurchanskaya. Now they’ve removed the rocking chair near Varenikovskaya, I live in Temryuk, I still pump oil on the shore ..... We now go there to go to a wild beach to swim ....
          5. NKT
            +5
            23 May 2020
            There were accidental oil emissions from wells and oil leakage from oil pipelines and leakage of abandoned / abandoned wells. In Ukhta, there are still old wells in a puddle (radius of about a meter) of oxidized oil and it can be seen how it is degassed.
        3. +5
          23 May 2020
          Have you seen "lakes of spilled oil"? For a long time, more than 20 years ago, a synthetic container was placed next to it and oil was poured into it. Then the oil is pumped out and the territory is cleaned.
          1. -7
            23 May 2020
            Saw? Yes, it used to be, all the time. Anyone could confirm this. Or do you think after the release of oil collected? It was just covered in sand and leveled. I saw real lakes of oil, there was such a thing.
            Just some who did not understand the essence of my comment, apparently.
            Once again, for the dull. The technologies for drilling and producing shale and conventional oil are, by and large, not much different from each other. The whole question is whether you will do so as little as possible to harm or do not give a damn about it. From whether it is shale oil or ordinary it does not depend.
            1. +2
              23 May 2020
              in the Saratov region in Stepnoy - where they pump it, everything stank of oil and small pools of oil stand somewhere ....
              1. -2
                23 May 2020
                citizens are minusers - do you need to look for pictures ?? I went there for 2 years, from Stepnoy to Mechetny !!!
                fool fool fool
            2. +5
              23 May 2020
              Quote: Beringovsky
              Just some people don’t understand the essence of my comment,

              Once a specialist, they would explain to a person that it is possible to preserve wells, that the drilling process does not always turn out to be clean, that the process of pumping oil out of a finished well can be made not dirty, that accidents and dirt can happen earlier, and now environmental standards are much stricter .... but, if someone wants to see a real DIRT, let them see how they develop shale sands in Canada !!!
              Yes, the production of shale oil by the method of fracking / hydraulic fracturing differs from the classical method of oil production, incl. and from an environmental point of view, they argue about this, at least.
              1. The comment was deleted.
              2. +2
                23 May 2020
                One might think that there is no hydraulic fracturing in classical fields. In this sense, there really is no difference. The difference in the number and length of the horizontal section of wells and in the number of fracturing stages. In shales, the yield is low, therefore, the wells are longer and the fracturing stages are longer.
                1. +7
                  23 May 2020
                  Without going into the details of fracking technology ... in classical oil production, such aggressive chemistry is not required. Those. oil is selected from rocks that are permeable and "easily" give that black oily slurry, from behind which all the boron cheese goes.
                  But, the argument is not because of technology, but because of what?
                  As always, the "enlightened elves" have everything as it should, but in our "dark Mordor" everything is bad, bad ...
                  In short, the statement has nothing to do with reality.
                  In general, it’s stupid, because everywhere it happens in different ways and you can describe all this with one definition - the predatory use of the planet’s resources. Our common home!
                  1. -3
                    24 May 2020
                    Quote: rocket757
                    ..... in classical oil production, such aggressive chemistry is not required.

                    In general, somewhere like that ... At least not in that amount. Although chemistry is used everywhere during drilling or repair, including aggressive ones.

                    Quote: rocket757

                    But, the argument is not because of technology, but because of what?

                    Actually, in this case, precisely because of them, namely, are the technologies used in the extraction of oil shale particularly harmful compared to conventional ones? The answer is no, they are not. These are generally the same technologies.

                    Quote: rocket757

                    As always, the "enlightened elves" have everything as it should, but in our "dark Mordor" everything is bad, bad ...

                    You know, a hundred years ago, one simple hard worker named Earl, who knew how to cement wells, rented an old truck, hired several workers and put together wood a box for mixing cement, began to sell its cementing services. And after ten years, having become rich, he did not rush to buy estates and yachts, but chased after new technologies, hiring engineers and opening research laboratories.
                    Now this is Haliburton, and the hard worker was Earl Parker Haliburton. What does this company mean I do not need to explain to any of the specialists.
                    And now compare with our cones of the oil business, who have squeezed the wealth created by them from the people and have corrupted the entire scientific and technical base in a quarter century. Now they are standing humble in half bow before the same Haliberton - please give your technology, your equipment. We ourselves cannot ... cry cry ...
                    Nothing? Everything is fine?
                    Do you see the difference between them and old Earl? Then yes, everything is fine and of course we will win.
                    Deafening.
                    1. +3
                      24 May 2020
                      In my reasoning there is no "hurry of patriatism" as well as "it's time to blame" because everything is fine there. Those. not about new / old technologies, not even about minor incidents, the consequences of which can be eliminated. About what will generally remain after us, descendants.
                      Common sense ... we are all in our desire to have more, we are ruining our common home! Somewhere more, somewhere less, all together rolls in that direction.
                      For me, their capitalists are the same, soul mates with ours ... they are all smeared in the same world. The sad thing is that the same outcome will come for everyone.
                      As a reminder, the Geyropeans have no way at the Groningen field, a classic mining method. In Australia, the United States, fracking debates, the gay men banned him altogether!
                      1. The comment was deleted.
                    2. 0
                      11 2020 June
                      Here we must take into account that these were the "golden times" of innovators in the oil industry. The giants Schlumberger and Baker and Hughes were also created.
                      In Soviet times, too, innovation was enough to recall the same hydraulic fracturing. But it is clear that innovators could not create their own private company and get rich.
                      And recently, there are no such innovations in the oil industry. Everything new there is based on the use of computer technology and new materials.
                      And here we have a problem so the best brains work there or for them. At Haliburton and Baker and Schlumberger. The most significant logging advancements in Baker, for example, are made by Russians. And not only in America but also in Novosibirsk where Baker has a scientific center.
                      Here it is necessary to think about it how it turns out.
              3. The comment was deleted.
        4. +4
          23 May 2020
          What lakes, dear. Oceans are there, oceans. And not oil, but hellish Soviet filth, which pollutes not nature, but the fragile minds of iksperds about everything, but against Russia)))
        5. -1
          23 May 2020
          Quote: Beringovsky
          In the extraction of oil shale, the same technologies are used in general as in the case of drilling and production in conventional fields

          this is something new belay
          1. NKT
            +4
            23 May 2020
            He said it right. Hydraulic fracturing is just one of the methods for increasing oil recovery. Shales have a low permeability, which is why it is used there. It is also used in traditional reservoirs to increase gas / oil production.

            PS I drew a picture and made signatures - an amateur.
        6. +1
          23 May 2020
          I was in Western Siberia at oil fields. I did not see the lakes.
        7. -9
          23 May 2020
          If your comment is not capricious-urapatriotic, expect a bunch of minuses.
          I subscribe to oil fields. Even the technology of deep horizontal drilling is absent in the Russian Federation, and our entire production-processing system is several decades behind.
          1. 0
            24 May 2020
            Where I have been, there is no need for horizontal drilling. Although the car with the coiled tubing stood. No application found. so this can not be considered a minus.
            our entire mining and processing system is several decades behind.

            Let's say. And what in 2000 on planet Earth scooped oil from puddles?
      2. +4
        23 May 2020
        ear and then secretly take her to Texas, and then transported to Europe with China.
        At the moment, one of the most delusional theses that I have heard.
      3. The comment was deleted.
      4. -2
        23 May 2020
        Quote: evgen1221
        And someone thinks that shale is not just another fake?
        Another fake? Same as coronavirus, right? Does life teach you anything, I wonder?
    2. +2
      23 May 2020
      The problem is individual companies, not the industry as a whole.
      1. +12
        23 May 2020
        Quote: knn54
        The problem is individual companies, not the industry as a whole.

        Shale companies with a capitalization of less than $ 300 million in the United States account for almost 45% of the US shale market. They have outstanding loans for $ 80 billion in only 4 states, including Texas.
      2. +2
        23 May 2020
        How to know, how to know? Somewhere there was information that off the coast of the United States there are now up to 40 oil tankers in the volume of what the United States has been buying for 7 months, which you will agree is not in favor of the industry. what
    3. +1
      23 May 2020
      aha "self-regulating market" in the form of a bunch of Jews robbing Saudaravia, Iraq and Libya; Well, yes, of course, that's just how this "market" regulates itself like the current of the Saud from the Houthis will receive a pendel, and from this very "market" suddenly the urine in the head will seethe and prices immediately go down, but how a certain eltsin will come to power, hurray for democracy "prices this" market "immediately at the behest of pike raises up to 100esses
    4. 0
      23 May 2020
      these companies themselves are no longer able to service the accumulated debt and rely solely on state support. But at the same time, no one in the USA is ready to say which oil producing companies can count on direct state support.
      Many companies are trying to solve the problems of mergers to attract attention
      While small companies are being poured, no one will give anything, because by and large, they only care about words, when large ones begin to pour in - they start giving, but it is often too late. This is almost the law of capitalism.
      1. -4
        23 May 2020
        Quote: KVU-NSVD
        these companies themselves are no longer able to service the accumulated debt and rely solely on state support. But at the same time, no one in the USA is ready to say which oil producing companies can count on direct state support.
        Many companies are trying to solve the problems of mergers to attract attention
        While small companies are being poured, no one will give anything, because by and large, they only care about words, when large ones begin to pour in - they start giving, but it is often too late. This is almost the law of capitalism.
        What to do with it?
        Quote: Volodin
        Shale companies with a capitalization of less than $ 300 million in the United States - this is almost 45% of the American shale market. They have outstanding loans for $ 80 billion in only 4 states, including Texas.
        1. +1
          23 May 2020
          Quote: your1970
          What to do with it?

          Most likely nothing, a little help with taxes for excuses, who survives, he survives, the rest go broke. Prices are stabilizing and their segment, where large companies will profitably take, where large is not interesting, a new small thing will appear.
      2. 0
        23 May 2020
        The bankruptcy institution is well developed there - this is constantly being done in the West and this is normal and even necessary in a market economy (and this crisis in the oil market is a prime example of why). The market is still volatile. This is with us if the company goes bankrupt director sits on the validol around the clock. It just goes through bankruptcy. The stock market there is the most powerful, and investors buy property, debts are repaid or written off. And enterprises continue to work most often, although of course a change of ownership occurs, bankruptcy due to the inability to pay the loans taken, for expansion and investment usually does not lead to a shutdown of the enterprise, the enterprise stops when its current activities are unprofitable. Plus, most hedging companies have other risk insurance.
    5. -4
      23 May 2020
      Expected. With such a drop in demand, prices had to be held immediately, reducing production ... But the law of capitalism - "You die today, I will die tomorrow" ... and anti-cartel laws ... Another six months of such orgy, and prices will return to 60- 70 ... another thing is that now this swing will be so - back and forth! With a step of 2-3 years.
    6. +1
      23 May 2020
      Here's your grandmother, and "St. George's Day"
    7. +1
      23 May 2020
      Now "vsepropalschiki" will run in and will prove in bulk that the article is custom-made, "putinvsyoslil", the USA has won again, the Saudis are issuing an ultimatum! laughing

      PS If necessary, where-
      in the background, ruble bills of various denominations will be discovered. All for victory! wink
    8. 0
      23 May 2020
      basta karapuziki, economic supercycle is ending, life will never be the same laughing
    9. +2
      23 May 2020
      Lakes are not lakes, but there is enough oil spilled ...
      1. 0
        24 May 2020
        I remember how, while working for an American company, we discussed an emergency at a construction site - 15 ml of spilled oil from a tractor :)
    10. +1
      23 May 2020
      Oh my god ... How far I am from the USA ... And their problems with the shale industry ...
      For some reason, the purchases of the cable industry were strained yesterday ...
    11. GMM
      -4
      23 May 2020
      If the problems of the US “shale” industry, in the form of stopping the publication of credit ratings of a number of companies, somehow affect the early appearance of the Armat tank in our troops, then certainly the news is positive.
      And if the above does not in any way accelerate the pace of construction by our USC of frigates of the 22350 series, then let this shale American oil burn with fire ....
      1. -1
        23 May 2020
        Quote: mmg
        let this shale American oil burn with fire ...
        -this would be a good option for our defense industry, and for the budget ...
        1. GMM
          -5
          23 May 2020
          Since physically we cannot set fire to their shale oil that has not been extracted yet, the only option left is to crush them with sanctions to break them like a hot-water bottle, lower them to the bottom ...
          Any suggestions how?
          1. -1
            23 May 2020
            Quote: mmg
            Any suggestions how?
            it was yours feel proposal
            Quote: mmg
            let this shale American oil burn with fire
            1. GMM
              -2
              23 May 2020
              Let’s then, I’ll write in sportloto, and you will Santa Claus ...
              So they say and so, you need to redirect money from US shale oil to the needs of the Russian defense industry
          2. 0
            23 May 2020
            Quote: mmg
            crush them with sanctions to tear them like a tuzik heating pad, lower to the bottom ...
            Any suggestions how?

            It’s easy, they’ve already done it - they banned the extraction of hard-to-extract oil, shelf and shale.
            In response, in the 14th year they banned us from selling equipment for the extraction of such oil.
            And we in the 20th to them to produce such equipment, and to extract oil to them.
    12. -3
      23 May 2020
      The problem is not so much in the industry (not in the price of oil, or rather in futures contracts), but in the prohibitive lending of it. It's time to live a real life.
    13. -4
      23 May 2020
      "Before death you can't breathe" (c) wassatI’ll say more, it’s VERY difficult. In any case, the price comes first. For example, even with a minus we will not only pump, but also increase production.



    14. -1
      23 May 2020
      The more these companies are bent, the better!)
    15. +1
      23 May 2020
      The cost of shale oil production fell to $ 28 per barrel.
      The Americans will survive the fall, and again increase production.
      Technology, equipment does not disappear.
      Wells now have some owners, then there will be others, not critical.
      1. +2
        23 May 2020
        Quote: Courier
        Technology, equipment does not disappear.
        Wells now have some owners, then there will be others, not critical.
        -that is, when our industry changed its owners in the 90s, it was - "Ah-ah-ah !!! horror !! Khan of industry !!"?
        and the American -
        Quote: Courier
        not critical.
        ??? !!!
        Are you serious?
        in general, the exact same raiders there (like ours !!) will tear to pieces, will also profit from resales, take away equipment and technologies, and staff will scatter around the country ...
        Ordinary capitalism, nothing new ...
        However, the CASH don't mind a bit
    16. -1
      23 May 2020
      Quote: Courier
      The cost of shale oil production fell to $ 28 per barrel.
      The Americans will survive the fall, and again increase production.
      Technology, equipment does not disappear.
      Wells now have some owners, then there will be others, not critical.

      The criminal fraudulent groups of banksters and usurers that have taken over the world stock exchanges are trying with their last bit of strength to hold on to oil and resource prices to support their inflated consumption and collapsing industrial production. In this struggle for the remnants of the former fat chunks of colonial taxes, the West has led the world to a shortage of oil and resources. Squeezing out the last drops of oil from an already "dry cat", stock traders risk seeing in their terminals the same destructive pattern of "dead cat jump" ... laughing
      1. 0
        23 May 2020
        The oil shortage is so huge that they don’t know where to put it. Oil is already stored in tankers, which they only need to carry.
      2. +2
        23 May 2020
        Quote: Gennady Fomkin
        The West has led the world to a shortage of oil and resources
        Um, what? Gena, how did you manage to write from a parallel universe to us? Perhaps, since you have a shortage of oil there, you’ll be buying the same amount of our surplus? And then we have nowhere to store it ... lol
        1. +1
          23 May 2020
          . The West has led the world to a shortage of oil and resources

          You didn’t confuse anything? Oil in the market is generally an oversupply, not a shortage
          1. 0
            24 May 2020
            Are you this to me? What for?
            1. -1
              24 May 2020
              no it's
              Gennady Fomkin (Gennady Fomkin)

              there is a quote
              hi
              1. 0
                24 May 2020
                The question is removed. hi
      3. The comment was deleted.
    17. 0
      23 May 2020
      Well, that's the market and decided. Oh, the Saudis are notorious for dumping amers into slippers on **** and ... lol
      I wonder where the representatives of the star-striped fanclub are sitting there, who have been rubbing us in the last couple of years about the "mighty shale miracle" that the United States will squeeze from Russia all of its share of the oil market ...
    18. 0
      23 May 2020
      Even if we subsidize shale, these losses are more than offset by the profit from the difference in the price of ordinary oil. But this circus simply must end soon ... Or Russia will end it with a sharp decline in exports. It will still raise more tomorrow at the higher price. That would be "SWAN".
    19. 0
      23 May 2020
      Quote: Ded_Mazay
      Quote: Gennady Fomkin
      The West has led the world to a shortage of oil and resources
      Um, what? Gena, how did you manage to write from a parallel universe to us? Perhaps, since you have a shortage of oil there, you’ll be buying the same amount of our surplus? And then we have nowhere to store it ... lol

      Are you one of these schemers? laughing Here, on V.O. such liberomarazotnye slogans do not roll!
    20. 0
      23 May 2020
      Deutsche Bank has calculated the current breakeven prices for shale fields at $ 46,54 a barrel for Bakken in North Dakota and Montana and roughly $ 40 a barrel for Permian. Situation in the North. Dakota is like a train wreck, ”said Kent, vice president of Resource Energy. It is a relatively small producer with some of the highest production costs in the United States due to transportation costs, lack of storage and distance to refineries and consumption centers. The Resource Energy team realized they would need to consider closing the remaining 20% ​​of production still operating in the Bakken shale region, Kent said. North. Dakota, second only to Texas in oil production among the American states, has received the biggest blow. Since March 1, production has dropped by at least 400 barrels per day, nearly a third of about 000 million barrels per day. Regulated by the Department of Minerals. resources North. Dakota (DMR), which works with the state's 1,4 largest operators, is facing further unprecedented cuts. By April 20, about 21 percent of production at Dakota's largest mining company Continental Resources (CLR.N) in the state had been halted. CLR.N produced an average of approximately 95 barrels of oil per day in the fourth quarter of 188 from 000 wells. Oasis Petroleum (OAS.O) halted all drilling in Bakken with production of about 2019 boe / d at the end of the year. Shale pioneer John Hess plans to halt drilling on five of the six rigs in the Bakken by the end of May and personally informed Senator North. Dakota Kevin Kremer. "He was very harsh and serious," the senator told Reuters. Production stopped at 1540 out of 80 wells in the state.
    21. 0
      23 May 2020
      I try to understand what is happening, but I don’t understand anything. I suspect that no one understands anything. Everything is at a loss, but everyone interprets events in their favor. Even in chaos there is a certain order if the chaos is healthy. But today there is some kind of sick chaos in the world.
      1. +1
        24 May 2020
        Quote: Gennady Fomkin
        I’m trying to understand what is happening, but I don’t understand anything.

        In such a situation, the main thing is not to panic and not to make hasty decisions under the influence of emotions. That's why all analysts are doing this, trying to reassure owners of capital, because if they panic, then the collapse of the global economy will be guaranteed.
        As for the inhabitants, i.e. to everyone who writes on this forum, including myself, they don’t solve anything in this game in a big way, but can only observe what is happening and choose the version that is closer to their heart.
        Even without any in-depth research, you can understand that we will not live better in the next year or two, but gradually everything will resolve, and then again everything will work as it should. I think that now we should be less concerned about oil prices and problems with the coronavirus, but how the confrontation between China and the United States will end and determine how quickly we will get out of the crisis, or fall below what we now consider the bottom.
    22. +1
      23 May 2020
      In the US, the problem is not shale oil and its producers, problems in the financial sector. Shale people consume too much money and created a new bubble in the credit market. That's what Trump is afraid of,
      that shale will drag out finances, and a weakening dollar will lead to the collapse of the country as a whole
    23. 0
      23 May 2020
      Finally, good news from the fields of a price war. This is a major victory for Russia. The main thing is not to reduce the onslaught and not to reckon with temporary losses: when the rebound begins in plus after the pandemic, prices will rise, and the market will be ours.
    24. -3
      24 May 2020
      The main thing is to drive into the "back yard" of Russia on bombers, and the economy is bullshit.

    "Right Sector" (banned in Russia), "Ukrainian Insurgent Army" (UPA) (banned in Russia), ISIS (banned in Russia), "Jabhat Fatah al-Sham" formerly "Jabhat al-Nusra" (banned in Russia) , Taliban (banned in Russia), Al-Qaeda (banned in Russia), Anti-Corruption Foundation (banned in Russia), Navalny Headquarters (banned in Russia), Facebook (banned in Russia), Instagram (banned in Russia), Meta (banned in Russia), Misanthropic Division (banned in Russia), Azov (banned in Russia), Muslim Brotherhood (banned in Russia), Aum Shinrikyo (banned in Russia), AUE (banned in Russia), UNA-UNSO (banned in Russia), Mejlis of the Crimean Tatar People (banned in Russia), Legion “Freedom of Russia” (armed formation, recognized as terrorist in the Russian Federation and banned)

    “Non-profit organizations, unregistered public associations or individuals performing the functions of a foreign agent,” as well as media outlets performing the functions of a foreign agent: “Medusa”; "Voice of America"; "Realities"; "Present time"; "Radio Freedom"; Ponomarev; Savitskaya; Markelov; Kamalyagin; Apakhonchich; Makarevich; Dud; Gordon; Zhdanov; Medvedev; Fedorov; "Owl"; "Alliance of Doctors"; "RKK" "Levada Center"; "Memorial"; "Voice"; "Person and law"; "Rain"; "Mediazone"; "Deutsche Welle"; QMS "Caucasian Knot"; "Insider"; "New Newspaper"