Chart of Week

Chart of the Week: How much do States Rely on Severance Taxes?

Chart of the Week: How much do States Rely on Severance Taxes?

$16.7 billion in 2013

Tax season is nearing a close for Americans, and earnings season is just around the corner for oil and gas companies preparing their quarterly results. E&Ps and service providers have felt the impact from the oil …

Chart of the Week: The Big Three

Chart of the Week: The Big Three

Chart of the week: U.S. remains the largest hydrocarbon producer for the third straight year

US Russia and Saudi Production 2014 EIA (Chart of the week)

 

The Energy Information Administration (EIA) released the annual statistics on the world’s three largest oil and gas hydrocarbon producers this week. The United …

April 9, 2015 - 10:24 am Chart of Week, Oil and Gas 360 Articles
Chart of the Week: Rig Counts and Commodity Prices

Chart of the Week: Rig Counts and Commodity Prices

COtW Oil Rigs and Prices

COtW Gas Rig Counts and Prices

In this week’s Oil & Gas 360®’s chart of the week, we compare the number of oil and gas rigs during the 2008 economic downturn and today’s low commodity environment. The price used for WTI is the annual average of …

Chart of the Week: When will the Crude Oil Builds Stop?

Chart of the Week: When will the Crude Oil Builds Stop?

Inventories at 88% of working capacity

Production may be slowing in the United States, but the builds to crude oil inventories are not. The Department of Energy (DOE) reported gains for the tenth straight time in its Weekly Petroleum Status …

Chart of the Week: Rig Counts by Oil Plays

Chart of the Week: Rig Counts by Oil Plays

Rig counts have fallen for 13 straight weeks heading into the latest update, scheduled for tomorrow, March 13. Rigs in gas plays have remained relatively steady, but the drop-off in oil-focused regions has been severe. In this edition of Oil …

March 12, 2015 - 6:09 pm Chart of Week, Oil and Gas 360 Articles
Chart of the Week: How much Storage Capacity do we have left?

Chart of the Week: How much Storage Capacity do we have left?

The Energy Information Administration (EIA) reported yet another monster build to crude inventories for the week ended February 27, 2015. The latest Weekly Petroleum Status Report added 10.3 million barrels to inventories that are already believed to be the highest …

March 4, 2015 - 6:11 pm Chart of Week, Oil and Gas 360 Articles
Chart of the Week: WTI/Brent Spread Widens

Chart of the Week: WTI/Brent Spread Widens

So it appears the “floor” for West Texas Intermediate prices (at the moment) is $40, as evidenced by a January Fed survey by CNBC. Prices are currently roughly $5 above the January 28 low of $44.45 – a climb …

Chart of the Week: U.S. Production vs. China Demand

Chart of the Week: U.S. Production vs. China Demand

United States crude production is expected to be at its highest since 1986, according to information compiled from Bloomberg and the Energy Information Administration. The increased domestic production has allowed the U.S. to diminish its need for imports – a …

February 6, 2015 - 6:41 pm Chart of Week, International, Oil and Gas 360 Articles
Chart of the Week: Crude Inventories Highest on Record

Chart of the Week: Crude Inventories Highest on Record

The rig count is dropping, but crude inventories continue to grow. In fact, EnerCom’s Crude Oil Cuttings inventory report is at risk of expanding the maximum range of barrels, a move we’ve never been prompted to make.

The Energy Information …

January 28, 2015 - 1:44 pm Chart of Week, Oil and Gas 360 Articles
Source: EnerCom's Crude Oil Cuttings

Chart of the Week: Crude Inventories at All-Time January High

The crude oil inventory build for the week ended January 16, 2015, was far above the predictions of any industry analyst. In fact, the build is the largest since May 31, 1996, when the Energy Information Administration reported a build …

January 22, 2015 - 3:33 pm Chart of Week, Oil and Gas 360 Articles
Source: EnerCom, Inc. Data: Bloomberg

Chart of the Week: WTI Price: Where it’s Been, Where’s it Going?

The price of West Texas Intermediate (WTI) crude has taken the oil and gas industry for a wild ride since June. From north of $105, so far we’ve rocketed down the first hill of the rollercoaster and we’re still screaming …

January 15, 2015 - 6:03 pm Chart of Week, Commodity Pricing, Oil and Gas 360 Articles
Chart of the Week: Oil Price Required to Balance State Budgets

Chart of the Week: Oil Price Required to Balance State Budgets

At 30.05 MMBOPD, OPEC member countries are today realizing approximately $1.453 billion less (using a WTI price) in gross revenue per day than they did six months ago.  Since Saudi Arabia announced its decision back on November 27, 2014, to …

January 9, 2015 - 3:10 pm Chart of Week, Oil and Gas 360 Articles
Gas Prices in 2014

Chart of the Week: 2014 Measured by Gasoline Prices

Listed below are gas prices for the Denver, Houston and New York metropolitan areas for 2014. All have dropped roughly $1.00 on a year-over-year basis, with prices in Denver and Houston dropping by roughly 33% compared to last December and …

December 30, 2014 - 6:47 pm Chart of Week, Commodity Pricing, Oil and Gas 360 Articles
Chart of the Week: Natural Gas Pricing Forecast

Chart of the Week: Natural Gas Pricing Forecast

Oil  Gas 360 Chart of the Week EnerCom Natural Gas Pricing ForecastAs indicated by EnerCom’s Natural Gas Roundup inventory report, gas levels fell in line with five year averages for the first time in nearly a full calendar year in the report issued on December 12, 2014. Storage levels were as …

December 22, 2014 - 6:56 pm Analytics, Chart of Week, Oil and Gas 360 Articles
Chart of the Week – Well Cost Sensitivity

Chart of the Week – Well Cost Sensitivity

EnerCom’s Analytics Team ran an analysis of well costs for various basins. The “Current Well Costs” bar shown in the chart represents an average of actual 2014 well costs for a group of E&P companies operating in each basin. The …

December 12, 2014 - 6:55 pm Chart of Week
U.S. Debt Surpasses $18 T

U.S. Debt Surpasses $18 T

Real Time View of the Growing Number of Congress-Authorized U.S. Dollars that Future Generations Will Have to Repay

Back in January of 2014, Global Economic Analysis charted the trend line for the U.S. national debt. The debt surpassed $18 trillion …

December 3, 2014 - 1:30 pm Chart of Week
Chart of the Week – Imports of all Oil from Canada to the U.S.

Chart of the Week – Imports of all Oil from Canada to the U.S.

chart

Based on the Energy Information Agency’s database, imports of all grades of oil from Canada have climbed by 27% in the last five years.

Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no …

November 21, 2014 - 11:21 am Chart of Week, Oil and Gas 360 Articles
Chart of the Week: Eagle Ford Leading the Charge in Oil Production

Chart of the Week: Eagle Ford Leading the Charge in Oil Production

The Energy Information Administration (EIA) released its monthly Drilling Productivity Report today, complete with production projections through year-end 2014.

In review, the rig count of the four major oil basins (Bakken, Eagle Ford, Niobrara and Permian) increased by 113 from …

Days required to process permit to drill - Federal vs State

Chart of the Week – Federal vs. State Permitting Times

Oil & Gas 360®’s chart of the week points to the differences in the average number of days to acquire a permit to drill on federal lands vs. various states. The Feds require 45 times longer to issue a permit …

November 6, 2014 - 3:09 pm Analytics, Chart of Week, Oil and Gas 360 Articles, Regulatory
Oil & Gas 360 Graph of the Week: Colorado Senatorial Campaign Contributions

OAG360® Graph of the Week: Which Business Sectors Wrote Checks to Colorado’s Senate Candidates?

In Colorado, incumbent Democrat Senator Mark Udall and his Republican challenger, Congressman Cory Gardner, are running a close race for U.S. senator.  Oil & Gas 360® created a graph showing how the two candidates’ campaign contributions compared by business sector.…

Graph of the Week – Cost of Living in the Oil Patch

Graph of the Week – Cost of Living in the Oil Patch

What Does $3,500 a Month Rent Get You in the Oil Patch?

chart-cost-of-living-by-resource-basin

If you know anyone looking for an oilfield job, they might pick their basin by looking at how much the monthly rent for a home, apartment or condo …

October 21, 2014 - 8:08 pm Chart of Week, Oil and Gas 360 Articles
Coal is Back?

Coal is Back?

EIA - Electricity Generation

Surprise: The EIA predicts more coal will be used to generate electricity this year than in 2013. But they believe coal’s downtrend will resume in 2015. In 2013, 39.1% of U.S. power was generated by burning coal. In 2014 that …

October 16, 2014 - 1:01 pm Chart of Week