La production pétroliére des USA

[energy_isere]

Selon le directeur de Pioneer qui est dans le pétrole de schiste la production US devrait baisser de 20% d'ici fin 2021.

Pioneer CEO says U.S. oil output could drop 20% on shale retreat

Kevin Crowley and Alix Steel, Bloomberg News March 10, 2020

America’s oil output could drop nearly 20 per cent as shale drillers slash capital spending and reduce activity after the biggest crash in crude prices since 1991, according to one of the country’s biggest independent producers.

The U.S. may lose between 2 million and 2.5 million barrels a day by the end of 2021 if oil prices stay around current levels as companies go into “maintenance mode,” Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield said in an interview on Bloomberg TV. His forecast is similar to that of Oslo-based research firm Rystad Energy.

Most shale producers will be forced to cut as many as half of their drilling rigs by the end of this year, when current hedges expire, Sheffield said. He didn’t provide details of his own company’s plans, which he said he’ll announce in the coming days. Sheffield said he has no plans for layoffs after a major restructuring last year.

The oil-price collapse may end up wiping out enough companies and production globally that it could create a shortage of crude, leading to higher prices after 2022, Sheffield said.

“It’s going to be hard to ramp up production anywhere in the world, so we could have a two- or three-year super cycle between US$60 and US$100 oil at that point in time,” he said.

https://www.bnnbloomberg.ca/pioneer-ceo ... -1.1403215

[energy_isere]

Trump demande au dpt de l'énergie d'acheter du pétrole pour la réserve stratégique à bon compte.

US to Buy Large Quantities of Oil for Reserve

by Bloomberg|Lynn DoanFriday, March 13, 2020

US to Buy Large Quantities of Oil for Reserve
President Trump said he's instructed the Energy Department to buy crude "at a very good price."
(Bloomberg) -- President Donald Trump has directed the U.S. Energy Department to buy “large quantities” of oil for the government’s strategic petroleum reserve following this week’s crash in oil prices.

“We’re going to fill it right up to the top,” Trump said in a briefing on the coronavirus outbreak, adding that he’s instructed the Energy Department to buy crude “at a very good price.” Oil lobbyists had been pressing the Trump administration to make purchases for the reserve as U.S. shale drillers face the worst crude market collapse in a generation.

Buying oil for the reserves means “saving the American taxpayers billions of dollars” and “helping our oil industry,” Trump said. It will also, he said, bring the nation further toward its goal of achieving energy independence.

https://www.rigzone.com/news/wire/us_to ... 4-article/

[energy_isere]

Murphy Oil réduit encore ses prévisions d'investissements 2020 :

Murphy Oil to Delay Some Gulf of Mexico Wells

by Bertie Melinda Taylor|Rigzone StaffFriday, March 13, 2020

Murphy Oil Corp. has reevaluated its 2020 budget and reduced it by $500 million to $950 million. The reduction is a 35 percent revision from the midpoint of the previous budget of $1.4- to $1.5 billion.
......

The revised plan will be executed by:

- Delaying certain U.S. Gulf of Mexico projects and development wells
- Postponing spud timing of two operated exploration wells
- Releasing operated rigs and frac crews in the Eagle
- Ford Shale, with no operated activity planned for the second half of 2020
- Deferring well completions in the Tupper Montney

https://www.rigzone.com/news/murphy_oil ... 4-article/

[mobar]

Trump demande au dpt de l'énergie d'acheter du pétrole pour la réserve stratégique à bon compte.

S'il était vraiment malin, il demanderait à ses pétroliers de recharger les gisements épuisés avec le pétrole saoudien et russe!

C'est ce qu'on devrait faire dans le bassin parisien et à Parentis

[energy_isere]

Le gouvernement va donc augmenter les réserves stratégiques de 77 millions de barils.

U.S. To Buy 77 Million Barrels Of Crude For Strategic Petroleum Reserve

By Irina Slav - Mar 16, 2020

The United States will start buying crude oil for the Strategic Petroleum Reserve within the next two weeks, with plans to buy around 77 million barrels, Bloomberg reported.

The move--which follows President Trump’s announcement last week that the government will buy “large amounts” of crude--aims to replenish the SPR by taking advantage of low oil prices while providing some much needed support for the local oil industry. The industry suffered a substantial blow by the latest oil price crash, especially in the shale patch.

According to Trump, the purchases would save “the American taxpayer billions.”


According to Bloomberg calculations based on the Friday closing price of West Texas Intermediate, if the government buys 77 million barrels of crude, it will pay $2.4 billion for it.

The Strategic Petroleum Reserve has a capacity to hold 713.5 million barrels of crude. Currently, it holds some 635 million. Three years ago, some legislators suggested it might be time to stop hoarding oil in the SPR given the fast increase in domestic oil production and falling exports. However, the dominant opinion remains that the SPR is necessary and the latest move by Washington has just revealed a secondary purpose to it: providing some relief for troubled shale producers. Whether this relief will be enough, however, remains questionable.

https://oilprice.com/Latest-Energy-News ... serve.html

[tita]

En gros, un mois de l'augmentation de production par l'Arabie Saoudite. Les prix du pétrole ne vont pas bouger des masses, mais au moins ils ne vont pas tomber plus bas normalement.

Quand à l'idée de mobar de remplir les gisements épuisés... Une éructation de plus de sa vaste ignorance. Un réservoir de pétrole n'est absolument pas un belle cavité étanche, sinon on serait capable de récupérer 100% du pétrole qui est contenu. Du coup, on serait capable de récupérer que 30%-50% du pétrole qu'on y enfouirait.

C'est dommage qu'on n'ait perdu philippe sur ce forum, mais j'imagine qu'il en avait marre de discuter avec des murs.

[mobar]

Tu crois que l'Arabie Saoudite va augmenter sa production?
N'importe quoi!
Si la demande baisse de quelques millions de barils par jour, comme certains le prédisent, ils vont faire comme les autres fermer les robinets!
Quand les stocks seront pleins à dégueuler, que les tankers pleins feront des ronds dans l'eau au large des ports pétroliers et que la demande mondiale se sera stabilisée à 80 millions de baril, tous les producteurs feront la même chose, ils attendrons la fin de l'épisode!

Les gisements de pétroles sont des stocks qui ont défié des millions d'années, quand tu pompes dans un gisement en fin de vie, tu peux très bien le recharger, c'est d'ailleurs ce qui est fait avec certaines techniques d'EOR sur dess gisements de pétroles lourds. On injecte des solvants pour extraire ce qui ne veut plus remonter
A Lacq, on a injecté des déchets dangereux liquides dans le gisement pour les confiner, peut être pas top comme solution mais ça démontre que les gisement sont étanches

Un gisement de pétrole est une éponge rocheuse dans laquelle des pores se vident et peuvent aussi se remplir

Parles des trucs que tu connais!
http://www.searchanddiscovery.com/pdfz/ ... n.pdf.html

[tita]

Tu crois que l'Arabie Saoudite va augmenter sa production?
N'importe quoi!
Si la demande baisse de quelques millions de barils par jour, comme certains le prédisent, ils vont faire comme les autres fermer les robinets!
Quand les stocks seront pleins à dégueuler, que les tankers pleins feront des ronds dans l'eau au large des ports pétroliers et que la demande mondiale se sera stabilisée à 80 millions de baril, tous les producteurs feront la même chose, ils attendrons la fin de l'épisode!

Les gisements de pétroles sont des stocks qui ont défié des millions d'années, quand tu pompes dans un gisement en fin de vie, tu peux très bien le recharger, c'est d'ailleurs ce qui est fait avec certaines techniques d'EOR sur dess gisements de pétroles lourds. On injecte des solvants pour extraire ce qui ne veut plus remonter
A Lacq, on a injecté des déchets dangereux liquides dans le gisement pour les confiner, peut être pas top comme solution mais ça démontre que les gisement sont étanches

Un gisement de pétrole est une éponge rocheuse dans laquelle des pores se vident et peuvent aussi se remplir

Parles des trucs que tu connais!
http://www.searchanddiscovery.com/pdfz/ ... n.pdf.html

Aucun rapport entre cette technique d'EOR et l'idée d'utiliser un gisement comme stockage de pétrole extrait dans un autre gisement.

Si on doit commencer à stocker du pétrole en vaste quantité, on va, à mon humble avis, faire comme pour le SPR américain, càd aménager des grottes pour y déverser de vastes quantités de pétrole.

De toute façon, il faudrait poser la question à un géologue spécialiste pour en avoir le coeur net. Je n'en suis pas un.

[mobar]

Stocker du pétrole léger dans des gisements de pétrole lourd en fin de vie, c'est tout à fait possible

Je ne dis pas que c'est intéressant de le faire à grande échelle, mais pour absorber une production excédentaire en cas d'arrêt brutal de la consommation, c'est probablement une solution a tester

Comme actuellement, les Saoudiens ont continue à extraire plein pot, alors que la baisse de conso était engagée en Chine et en Europe, on va se retrouver inévitablement avec des volumes excédentaires qui vont encombrer les tankers et les stocks et rendre inopérants tous les tampons

On ne doit pas être bien loin de la saturation!
D'ailleurs le WTI est déja sous la barre des 30$ et le Brent en passe de le rejoindre
https://www.oil-price.net/

[energy_isere]

200 000 emplois risquent de disparaître dans le secteur pétrolier US.

U.S. Oil Industry Could End Up Losing More Than 200,000 Jobs.
By Irina Slav - Mar 19, 2020, 4
.......

https://oilprice.com/Energy/Energy-Gene ... -Jobs.html

[mobar]

Entreposées dans un complexe de quatre sites souterrains le long des côtes du golfe du Texas et de la Louisiane, dans le sud du pays, les réserves américaines s'élèvent actuellement à 635 millions de barils. Mais elles ont une capacité totale de stockage de 727 millions de barils, elle peut donc en contenir 77 millions de plus..

https://prixdubaril.com/news-petrole/68 ... es-de.html

Si l'excédent de production actuel est bien de 11 millions de barils, la quantité qui peut être absorbée par les réserves stratégiques américaines représente une semaine d'excédent de production

Quand ce sera plein va falloir trouver autre chose pour stocker le brut qui sortira des gisements

Ou ... fermer les robinets?

[mobar]

Comme actuellement, les Saoudiens ont continue à extraire plein pot, alors que la baisse de conso était engagée en Chine et en Europe, on va se retrouver inévitablement avec des volumes excédentaires qui vont encombrer les tankers et les stocks et rendre inopérants tous les tampons

On ne doit pas être bien loin de la saturation!
D'ailleurs le WTI est déja sous la barre des 30$ et le Brent en passe de le rejoindre

https://www.theguardian.com/business/20 ... rage-space

Oil price may fall to $10 a barrel as world runs out of storage space

Facilities thought to be 75% full with Saudi Arabia due to ramp up output as demand falters amid coronavirus shutdowns
The world may soon run out of space to store its extra oil as Saudi Arabia prepares to increase its fossil fuel production even as global demand for energy continues to fall due to the Covid-19 pandemic.

Oil storage levels across the world’s storage facilities have climbed to about three-quarters full on average since the January shutdown of major refineries in China’s industrial heartlands to stem the outbreak of the coronavirus.

The oil industry is expected to keep filling oil storage with crude in the weeks and months ahead as the pandemic’s economic contagion spreads through the rest of the world, cutting demand for natural resources including oil.

Canada may be days away from running out of storage for its domestic oil production, according to analysts at energy consultancy Rystad Energy, and the rest of the world may follow suit in a few months.
Advertisement

The analysts expect that oil-rich regions in Western Canada will need to rein in production by about 400,000 barrels of oil a day by the end of the month.

[energy_isere]

Some American Oil Selling at Under $10 a Barrel

by Bloomberg|Sheela Tobben|Monday, March 30, 2020

Oil is selling for less than $10 across key North American hubs as the global demand shock from coronavirus leaves crude with nowhere to go.

The coronavirus pandemic has hit demand so hard that as benchmark futures plunge to lowest in 18 years, oil is backing up throughout the distribution system, raising the prospect that producers will need to shut in wells. Some of the hardest-hit areas have been those thousands of miles from export terminals, which would provide the possibility of escape, either to foreign markets or onto tankers as floating storage.

Refiners across the U.S., including PBF Energy Inc., Valero Energy Corp. and Phillips 66, are slowing fuel production as restrictions on travel and work has reduced gasoline and jet fuel demand to a trickle. North Atlantic Refining Ltd will be idling its 130,000-barrel-a-day refinery in Newfoundland, Canada, for two to five months due to the outbreak.

The market is groaning under the weight of this oversupply so much so that U.S. midstream operators such as Plains All American Pipelines have asked their suppliers to reduce oil production because storage capacity is reaching its limits.

Bakken crude in Guernsey, Wyoming, sank to a record-low $3.18 a barrel Monday, according to data compiled by Bloomberg, while Western Canadian Select in Hardisty, Alberta, was worth just $4.18. Even oil in West Texas is as cheap as it’s ever been. West Texas Intermediate in Midland was $10.68, just above its all-time low from 1998. And it’s lower-quality counterpart, West Texas Sour, slid to a record $7.18, the lowest in data going back to 1988.

West Texas Intermediate Light, also known as WTL, traded at around $7.50 a barrel below the WTI Midland benchmark on Monday, traders said, the equivalent of about $3 a barrel outright. Including transportation costs from the wellhead, that would mean the very light crude is worth near-zero, if not negative, when it comes out of the ground.

Even oil that makes it to a dock isn’t immune from the price plunge, as refineries around the world slow down. U.S. oil for export from Corpus Christi -- the end point of several new Permian pipelines and a major exporting hub -- traded at $15 a barrel below July Brent, according to traders.

https://www.rigzone.com/news/wire/some_ ... 5-article/

[energy_isere]

Texas Oil Drillers Prepare To Halt Production

By Irina Slav - Mar 31, 2020,

Texas oil companies may soon cut back production, both because of a looming lack of available storage space and because wells are becoming uneconomical at $20 per barrel WTI.

Many regional grades are trading lower than that--approaching negative territory.

“Large-scale production interruptions appear inevitable and imminent,” according to Pioneer Natural Resources and Parsley Energy executives, who wrote to the Texas Railroad Commission asking the industry body to order a production cut, Reuters reports.

One commissioner, Ryan Sitton, already suggested cuts, possibly in partnership with OPEC, earlier this month, before the crisis really hit. Now, the cuts, with or without OPEC, seem inevitable, and the industry is eager to start cutting, calling on the regulator to effect the cuts beginning in May.

“We think it’s important to save this industry,” Reuters quoted Pioneer’s chief executive Scott Sheffield as saying, adding that he had suggested a production cut of as much as 20 percent, but excluding the smallest producers in the state.

There is a catch, however. According to Sitton, Texas will not resort to production cuts unless Saudi Arabia and Russia agree to the cut, too.

“I’m not advocating we do anything on our own,” the commissioner told Reuters. “If it is the right thing to keep some stability in the world, we can do it.”

Saudi Arabia and Russia don’t seem too enthusiastic about cuts, however. Saudi Arabia just yesterday announced plans to boost its oil exports to 10.6 million bpd in April and more than 10.8 million in May.

Meanwhile, pipeline operators in Texas are asking producers to stop pumping oil because storage space is filling up. The storage problem is becoming critical on a global scale. According to the chief analyst of data analytics firm Kayrros, if storage continues to fill up, oil prices could fall close to zero. This zero space available could happen in months, if not weeks.

https://oilprice.com/Energy/Crude-Oil/T ... ction.html

[mobar]

Les stocks US seraient ils proches de la saturation?
D’après certains experts, ils seraient actuellement à 85% et à 100% fin avril ... si le stockage continu au rythme actuel