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March 14, 2019

Venezuelan Collapse Drives Lower OPEC Output

March 14, 2019

Overall production down 221 MBOPD By Richard Rostad, analyst, Oil & Gas 360 OPEC production fell sharply in February, with several major producers reporting declines according to OPEC’s Monthly Oil Market Report. Overall oil output dropped by 221 MBOPD in 2019, bringing total group production to 30.5 MMBOPD. This is the lowest reported output since February 2015, according to Bloomberg.

Offshore

Talos Energy Hopes to Consolidate in the Gulf

March 14, 2019

Targets range from small privates to supermajor-owned assets By Richard Rostad, analyst, Oil & Gas 360 Talos Energy (ticker: TALO) announced fourth quarter results and reserves today, showing $306.3 million in net income, or $5.66 per share. While most of this result is due to the company’s derivatives, even if these and other special charges are excluded Talos earned an

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