Military Review

Dozens of US companies announce resumption of shale oil production

64

After testing the $ 40 mark, oil prices fell again. The fall is still small. Currently, a barrel of Brent crude is trading in the range of $ 39-39,3.


According to the head of the research department of the National Bank of Australia Lahlan Shaw, the adjustment of oil prices in the direction of their next decline is associated with the "position of Russia and Saudi Arabia." The expert says that so far it has not been possible to set up a mechanism that would clearly regulate the rules for reducing oil production. According to L. Shaw, if such a setup fails to be implemented in the near future, the reduction in oil production will continue at best until the end of June, after which countries can again begin to increase oil production.

It is noted that the supply of crude oil may increase in volume already in July. That is why the markets are reacting with a new (albeit small) reduction in oil prices.

Against this backdrop, reports from the United States are coming that as soon as the price of oil reached the mark of $ 40 per barrel, several dozen companies returned to the shale production process.

In particular, EOG Resources announced the increase in oil production, saying that the forecasts for the second half of 2020 are favorable.
Large Parsley Energy returned to the oil production process, having closed 400 (!) Of its wells since March of this year.

If the shales do not resume their production, this will cast doubt on the very possibility of paying off loans.

At the same time, US shale companies, in fact, ignore questions about how their new increase in oil production fits into the US obligations assumed under the OPEC + deal. Recall that Washington for the first time in stories stated his readiness to reduce oil production “together with other producing countries”.

Although it is well known that Washington is taking its international steps solely in its own interests, which means that as it entered into the OPEC + deal, it can also withdraw from it at any time. At the same time, anyone can be identified as the main culprit: Russia, Iran, Saudi Arabia.
64 comments
Ad

The editorial board of Voenniy Obozreniye urgently needs a proofreader. Requirements: impeccable knowledge of the Russian language, diligence, discipline. Contact: [email protected]

Information
Dear reader, to leave comments on the publication, you must to register.

I have an account? Sign in

  1. KVU-NSVD
    KVU-NSVD 4 June 2020 08: 50 New
    +4
    Some are increasing, but those who "have not debugged the mechanisms" are to blame. With prices stabilized, the Americans will be the first to screw the cut deal, which is already happening.
    1. Mitroha
      Mitroha 4 June 2020 09: 08 New
      +2
      So of course they returned, so at least some amount of daily losses will be returned, and from the budget they will throw more subsidies.
      Otherwise, only bankruptcy
    2. hydrox
      hydrox 4 June 2020 09: 09 New
      -2
      Nonsense is all this: after all, there will come a moment when Russia will not sell its oil tanker to the Yankees - what will happen when their oil expansion in the EU stops?
      And yes, this will not be an economic, but a political step by Russia, a kind of undeclared (and maybe even announced!) Sanctions, as a payback for "exclusivity" (and "superiority of wealth"!).
      1. kjhg
        kjhg 4 June 2020 10: 04 New
        +7
        Quote: hydrox
        because there will come a time when Russia will not sell its oil tanker to the Yankees - what will happen then when their oil expansion in the EU stops?
        Let's guess: omega will fall apart, the dollar will collapse, Russia will become a superpower?
        And does Russia send many oil tankers to the USA? And then after all, I remember, Zhirinovsky also threatened to collapse the dollar, having sold 150 billion dollars of gold and foreign exchange reserves of Russia. Well, this is a little fat! What to take from him? His electorate has roughly the same level of aikyu.
        Quote: hydrox
        And yes, it will not be an economic, but a political step of Russia

        Well, of course, the omega immediately begs for forgiveness. How else? They will not have any leverage for an answer. You should at least send a letter to the president with your thoughts on how to bring America to its knees. And then after all, SUCH ideas disappear in vain fellow
        1. The leader of the Redskins
          The leader of the Redskins 4 June 2020 11: 04 New
          +4
          So the production of shale oil in America, even here, at VO, was "buried" several times, and even from irons and stoves - constantly!)))
          1. Artyom Volgin
            Artyom Volgin 4 June 2020 22: 03 New
            +2
            Americans will not give up shale oil and shale gas, never.
          2. hydrox
            hydrox 7 June 2020 21: 01 New
            0
            Who is to blame that for the majority it doesn’t reach the point that this is a cyclical process and depends only on the current (trending!) Oil price! laughing
            And to bury - is a synonym to "bankrupt" the earner - is that also not going to come ?? sad
          3. Petr7
            Petr7 7 June 2020 21: 11 New
            +1
            "bury" the Economy on a site dedicated to Weapons - yes, you are clearly a Joker
            But seriously, THERE WAS NOT A SINGLE article really telling about the work of the Economy and revealing NUES. There was a lot of emotions, but NOBODY gave real numbers - it is NOT FAVORABLE, people will start to THINK, and the creators of the site do not need this (I somehow decided to see who it belongs to (it was before 2014) - Russia that moment was NOT there. Ukraine was. Belarus was. but not Russia!)
            1. hydrox
              hydrox 7 June 2020 21: 29 New
              0
              Yes, not a joker :: a weapon without an economy is FICTION!
              And a country without an economy is also FICTION!
              And if Russia does not conduct a wave of socio-economic reforms in the coming months, it will also become FICCIA.
              1. Petr7
                Petr7 7 June 2020 22: 21 New
                0
                and who says that Russia does not make reforms? But let Navalny do it "socio-economic". Others are more important now
        2. Interlocutor
          Interlocutor 4 June 2020 12: 31 New
          -1
          And does Russia send many oil tankers to the USA?

          600 tons of heavy oil last week.
          And yes. do not forget, as soon as the tanker is poured with oil, the oil immediately magically becomes the oil of the buyer ... hi
          By the way .... The same thing happens to gas wink wink wink
          1. kjhg
            kjhg 4 June 2020 12: 38 New
            +5
            Are you kidding or serious? belay 600 tons is 30 fuel trucks or 10 railways tanks! They are not enough to provide for a week even a dozen gas stations! At such a pace, one tanker in the port will be filled for half a year.
            1. Interlocutor
              Interlocutor 4 June 2020 12: 42 New
              0
              Are you kidding or serious? belay 600 tons - this is 30 fuel trucks or 10 railways tanks! They are not enough to provide for a week even a dozen gas stations!

              YES what for them to fill our oil. They are sick))))). Heavy oil is coming into the industry. )) Plastic and other tinsel .... We, Iran, Venezuela. Cuba does not count. The rest produce light. And here it’s difficult, but for that. They bought the same 600 earlier in the quarter, but here in a week.
              1. kjhg
                kjhg 4 June 2020 12: 51 New
                +1
                Quote: Interlocutor
                Heavy oil is coming into the industry. )) Plastic and other tinsel ...

                Even so.
                Quote: Interlocutor
                They bought the same 600 earlier in the quarter, but here in a week.

                I tell you again it will take 100 years to fill an average marine tanker with a displacement of 000 tons at such a pace! And if it will be a large displacement tanker 450 tons? belay
                1. Interlocutor
                  Interlocutor 4 June 2020 12: 56 New
                  -5
                  I don’t care about the tanker. The main purchase. Do not confuse.
                2. Interlocutor
                  Interlocutor 4 June 2020 13: 02 New
                  +2
                  I’m telling you once again that it will take 100 years to fill up the average marine tanker with a displacement of 000 tons! And if it will be a large tanker with a displacement of 3,5 tons?


                  Sorry. hi
                  In the first half of May, American companies bought five million barrels of Urals - a volume comparable to the total export of oil from Russia to the United States since the beginning of the year.
            2. forpost
              forpost 4 June 2020 13: 47 New
              -1
              For the first quarter, 56 million barrels https://tass.ru/ekonomika/8601863
              1. hydrox
                hydrox 4 June 2020 19: 26 New
                +1
                Thank you for the awareness that delivers the truth to the illiterate: there above this kjhg (Dmitry) jumps out of his clothes, protecting the unfortunate Yankees from Urals oil. laughing
            3. Petr7
              Petr7 7 June 2020 21: 17 New
              -1
              Correctly said earlier, "heavy" oil is precisely "industrial", but besides, it is also a "solar oil" for auto transporters. and any heavy equipment, including military.
              And precisely for this reason, the USA, in no way, can refuse Russian oil, as well as Russian rocket engines - there is NO replacement
        3. hydrox
          hydrox 4 June 2020 19: 17 New
          -1
          Guessing further: this is a good fun for people at VO, especially from sources for which the economy is unattainable, like the periodic table
      2. Petr7
        Petr7 7 June 2020 20: 58 New
        0
        because the moment will come when Russia will not sell its oil tanker to the Yankees

        Venezuela is also nearby. and there is the same heavy oil as Russian .. - because it was precisely because of this that the United States took up arms against it
    3. knn54
      knn54 4 June 2020 09: 51 New
      +1
      Initially, the Yankees took Mexico to the company.
      And the second point, the United States took obligations, but, for example, Texas did not.
      So no wonder.
    4. Civil
      Civil 4 June 2020 11: 45 New
      -4
      Scoundrels! They want to take away our hard-earned dollars for our mother oil!
    5. antivirus
      antivirus 4 June 2020 12: 41 New
      -3
      more interested - and I have already asked the question many times: what does HE have to do with oil and gas? - founders of gas companies? in one basket with Echo of Moscow?
      "the boss is all gone ... gas is getting cheaper, Trump is bringing troops to the fields ...".
      Not a single report on the military towns and the life of the military - the rejection of "their own" officialdom is good, but the combined editorial office with the Gazovy Vestnik magazine - how?
  2. svp67
    svp67 4 June 2020 08: 55 New
    +5
    Against this backdrop, reports from the United States are coming that as soon as the price of oil reached the mark of $ 40 per barrel, several dozen companies returned to the shale production process.
    The main thing is that this oil does not go abroad to the United States and still the United States remains strongly dependent on "normal", but "heavy" oil ... which they have to buy
  3. rocket757
    rocket757 4 June 2020 08: 59 New
    +1
    Economists, it seems, began to include ... but it was not very immediate. The consequences are still there and they will decrease so far and nowhere.
  4. Lord of the Sith
    Lord of the Sith 4 June 2020 09: 05 New
    -5
    adjustment of oil prices in the direction of their next decline is associated with the “position of Russia and Saudi Arabia”


    Here are the real players in the oil market. Moreover, judging by the latest news, the Saudis lost ground.
    This is a real, well-deserved victory for Russia))
    1. Crowe
      Crowe 4 June 2020 09: 38 New
      11
      Victory? Shale mining in the United States did not die, no matter how they tried - victory, why ... Sechin - glory! Let the glorious victory in the oil war over the damned imperialists live for centuries! We lost twice the money, but that’s nothing, if only the shale have died in America ... But they have not, have not died ...
      1. donavi49
        donavi49 4 June 2020 09: 52 New
        17
        In order for shale oil companies to die, it is necessary to keep oil below the profitability threshold for about 3 years, it is better to significantly lower it - 15-20 dollars. Then people will be retrained (they will go to sellers in Wallmart, pizza delivery men, etc.), the equipment will be sold, and all kinds of permits will be canceled.

        However, after 3 years, if the price jumps to 50+. That new shale will begin to form. Gather equipment, people, old intelligence data, permits, and new oil from new companies will already go for the year.

        Such short periods (less than six months) is a return to production in 1-2 months at favorable prices.
      2. Vladimir_6
        Vladimir_6 4 June 2020 11: 01 New
        +5
        Quote: Crowe
        Victory? Shale mining in the United States did not die, no matter how they tried - victory, why ... Sechin - glory! Let the glorious victory in the oil war over the damned imperialists live for centuries! We lost twice the money, but that’s nothing, if only the shale have died in America ... But they have not, have not died ...

        So Putin and Trump have agreed.
        From Trump's interview with Fox Radio:
        “Well, he (Putin) helped us with the oil industry, which is good for him too, and we raised it and now we can save millions of jobs in Texas, North Dakota and other places in Oklahoma. Now production is stable there. They ( oil prices. - Ed.) went down to zero, it would cost five million jobs. But in general, it's not a question of what he did. It is a matter of common sense, "Trump said.
        Speaking about the events at the G7 summit, Trump stressed: "Half of the meetings are dedicated to Russia, if he was there, it would be much easier to find a solution."
        "We are sitting there and wasting time, because in order to finish the case, someone has to call Putin on various issues. So I say: he needs to be in the hall," the US president added.
        http://alternatio.org/events/all/item/81029-hvatit-obryvat-telefon-tramp-dohodchivo-obyyasnil-pochemu-bez-putina-nelzya-na-vstreche-g7
      3. Lord of the Sith
        Lord of the Sith 4 June 2020 12: 48 New
        -4
        Do you know what Russia specifically sought? I personally see that Russia reliably clicked the hegemon and the Saudis on the nose. But was there a question in eliminating the shale industry? In my opinion, no.
        1. Morrrow
          Morrrow 6 June 2020 08: 05 New
          +1
          It stood. All propagandists spoke about this.
          1. Petr7
            Petr7 7 June 2020 21: 41 New
            +1
            from what the propagondons said, it does not mean that it was! And Trump and Putin are not only Politicians, but also the most important Economists of the Planet, and one and the other for the Strong State (naturally in their understanding, but with the concept related to partners / opponents)
            The most remarkable. It `s that. that Britain wasn’t even taken sideways - and the queen is the Richest Woman on the planet!
      4. Artyom Volgin
        Artyom Volgin 4 June 2020 22: 11 New
        +2
        Quote: Crowe
        And here they are, not dead ...

        And do not die. They put too much into it.
  5. Mountain shooter
    Mountain shooter 4 June 2020 09: 06 New
    +3
    .If shale workers do not resume their production, this will cast doubt on the very possibility of paying off loans.

    This is the key phrase. Or pretend that you have production, and you are "on top" ... And you will be refinanced the loan that you serve by paying interest ... or bankruptcy.
  6. Pvi1206
    Pvi1206 4 June 2020 09: 17 New
    +2
    my assumption came true, for which I was minusted earlier ...
  7. pereselenec
    pereselenec 4 June 2020 09: 19 New
    +2
    Dozens of US companies announce resumption of shale oil production

    But after all, it was recently written here that a bunker multi-outlet destroyed the shale sector in the USA?
    1. smaug78
      smaug78 4 June 2020 09: 29 New
      +3
      They didn’t write, but propagated cheers ...
    2. forpost
      forpost 4 June 2020 13: 49 New
      0
      where to read?
      1. pereselenec
        pereselenec 5 June 2020 12: 21 New
        -1
        Quote: forpost
        where to read?



        https://topwar.ru/168852-koloss-na-slancevyh-nogah-neftedobyvajuschaja-otrasl-ssha-rushitsja.html
        https://topwar.ru/155042-slancevyj-puzyr-v-ssha-na-grani-grandioznogo-buma.html
        1. forpost
          forpost 5 June 2020 13: 21 New
          -1
          The articles set forth only a statement of the current state of affairs, but where about the fact that - "" bunker multi-port has destroyed the shale sector in the United States? "" ???
          1. Morrrow
            Morrrow 6 June 2020 08: 06 New
            -1
            Everywhere, in all the media
            1. forpost
              forpost 6 June 2020 15: 47 New
              0
              In all the media this has not happened
    3. Artyom Volgin
      Artyom Volgin 4 June 2020 22: 07 New
      +1
      He will not be able to destroy this sector, since none of the US financial tycoons will allow him to do this.
      1. Petr7
        Petr7 7 June 2020 21: 48 New
        0
        My friend, yes, how to do it - nafig - it’s elementary, just give the oil a price of $ 30 and below and they themselves will destroy everything else with squeals. what is cool! For shale, a price of 40-50 per barrel of oil is needed. otherwise it is FAILURE, and for the Russian, the minimum price for Profit is 20 bucks for the same barrel
  8. V1er
    V1er 4 June 2020 09: 23 New
    +3
    Now they will increase production, the price of oil will again fall to 20-30 bucks, and again they will begin to yell how hard it is to live, what needs to be agreed.
    1. Alexey RA
      Alexey RA 4 June 2020 09: 31 New
      +3
      Quote: V1er
      Now they will increase production, the price of oil will again fall to 20-30 bucks, and again they will begin to yell how hard it is to live, what needs to be agreed.

      Agree? Yes, the United States will immediately start screaming that it is necessary to impose sanctions on all non-American oil producers - so that they reduce production and provide the American oil industry with profit (ideally, it is generally forbidden for non-Americans to extract oil and trade it).
      How to play well in a market economy, holding on hand a club of government agencies. smile
      1. Petr7
        Petr7 7 June 2020 21: 52 New
        0
        small clarification. The USA produces ONLY LIGHT oil and the UAE is the closest competitor. There is no heavy oil in the USA, and that's why they buy it from us.
  9. smaug78
    smaug78 4 June 2020 09: 28 New
    +3
    Washington takes its international steps solely in its own interests
    well done, what to say. But does Russia think about others or all the same about itself?
  10. rotmistr60
    rotmistr60 4 June 2020 10: 38 New
    0
    Dozens of US companies announce resumption of shale oil production
    For a long time? Interestingly, did those who had already managed to declare bankrupt also stirred somehow? The price will fall and again in a circle. Moreover, the author correctly noted
    anyone can be identified as the main culprit: Russia, Iran, Saudi Arabia.
  11. Nitarius
    Nitarius 4 June 2020 11: 38 New
    0
    It's simple .. Companies started to Ignore Trump's Order and Obligations ... taken by the USA! they look more like Anarchy today .. everyone does not care!
    1. atalef
      atalef 5 June 2020 01: 20 New
      0
      Quote: Nitarius
      It's simple .. Companies started to Ignore Trump's Order and Obligations ... taken by the USA! they look more like Anarchy today .. everyone does not care!

      and in the US, the government cannot tell private traders.
      There are too strict antitrust laws.
    2. Morrrow
      Morrrow 6 June 2020 08: 07 New
      0
      And where can you read about Trump's obligations?
  12. Operator
    Operator 4 June 2020 12: 08 New
    -2
    These are dying convulsions - now Russia and KSA will also increase production "a little" and the few American companies that are lucky with the cost of shale oil (~ $ 40 per barrel) will again be forced to crawl under the bench.
  13. 123456789
    123456789 4 June 2020 12: 30 New
    -1
    Quote: Lord of the Sith
    This is a real, well-deserved victory for Russia))

    The fruits of which, as after the Second World War, will be used by the USA
  14. 123456789
    123456789 4 June 2020 12: 52 New
    0
    Quote: donavi49
    In order for shale oil companies to die, it is necessary to keep oil below the profitability threshold for about 3 years, it is better to significantly lower it - 15-20 dollars.

    And after three years, either donkey or padish. Already have technology for $ 16
  15. Mavrikiy
    Mavrikiy 4 June 2020 14: 19 New
    -1
    Dozens of US companies announce resumption of shale oil production
    Yes, they won't die? Looks like a fountain with "living water" beats in the USA angry
  16. NF68
    NF68 4 June 2020 17: 48 New
    -1
    Rumors that shale oil production in the United States will "die" are untrue. At least for now.
  17. Sergey Medvedev
    Sergey Medvedev 4 June 2020 18: 47 New
    0
    The volume of oil is not announced. How much was the decrease, how much is now increasing. It’s hard to say something.
  18. Negruz
    Negruz 5 June 2020 00: 59 New
    +1
    Information from oil and gas professionals, and not from topvar lovers:
    "Oil production in the United States for the week from May 23 to May 29 decreased by another 200 thousand barrels per day, as follows from the materials of the Energy Information Administration (EIA) of the Ministry of Energy of the country ... Earlier, the EIA predicted that shale oil production in the largest oil and gas producing regions of the United States in June, compared with May, will decrease by 2,5%, or by 197 thousand barrels per day.
    The largest decline in production is expected in the Permian basin - by 87 thousand to 4,29 million barrels per day. Production at Anadarko, according to EIA, will be reduced by 28 thousand to 434 thousand barrels per day. "
    1. Morrrow
      Morrrow 6 June 2020 08: 08 New
      0
      And how much is the production now?
  19. Morrrow
    Morrrow 6 June 2020 08: 01 New
    0
    At the same time, US shale companies, in fact, ignore questions about how their new increase in oil production fits into the US obligations assumed under the OPEC + deal. Recall that for the first time in history, Washington announced its readiness to reduce oil production “along with other producing countries”
    Or you can have a document signed by Washington.
  20. Petr7
    Petr7 7 June 2020 20: 56 New
    0
    but it is interesting how they were able to "open" the wells when they were closed at the pace of "the station leaves", something is wrong here
  21. Negruz
    Negruz 9 June 2020 03: 09 New
    0
    Well, the news is practically "for now" ...
    Link to the baker ...
    Above left is the number of active rigs in the USA, top right is a week ago ....
    In general, amateur newsmen should not meddle in the field of professionals
    https://m.ru.investing.com/economic-calendar/baker-hughes-u.s.-rig-count-1652