1. Falling Gas Prices Give Iran Dose of Realism

    ....93mn cfd) for 2014-15. Managing Director of Pars Oil and Gas Company (POGC) Ali Akbar Shabanpour said in June that output had risen to 431mn m³/d (15.2bn cfd, 157 bcm/year) and that it is planned to hit 526mn m³/d (191 bcm/y) by the end of the current Iranian year (March 2017). Averaging June ou...

    Volume: 59
    Issue: 37
    Published at Fri, 16 Sep 2016
  2. US Drilling: A ‘Double-Dip’ Recession?

    ...ices that have in recent weeks been languishing in the low-to-mid $40s/B for US marker WTI, way down on a June average of $60/B. >  The number of rigs in Iraq rebounded somewhat in August to 48 after collapsing to just 44 a month earlier, well below the recent high of 96 in June 2014. In addition to...

    Volume: 58
    Issue: 37
    Published at Fri, 11 Sep 2015
  3. Iran, Pakistan Go Ahead With Pipeline Despite Finance Problems

    ...kistan (IP) gas pipeline. The 8.7 bcm/y capacity project, which is an extension of Iran’s IGAT-8 pipeline, was 75% completed by early June 2012, (MEES, 11 June). Completion on the Iranian side is expected by the 2Q or 3Q of 2014, and is linked to a 750mn cfd sales and purchase agreement the two sides fi...

    Volume: 55
    Issue: 37
    Published at Fri, 07 Sep 2012