2 South America Hydrocarbon provinces U. S. Geological Survey Open-File Report D
3 Map of Central and South America Assessed provinces (red areas), province boundaries (red), and country boundaries (black). U.S.Geological Survey World Energy Assessment Team (USGS), 2000
4 Mesoamerica and Caribbean Main Oil Provinces Petroleum field location Province boundary line
5 Mexico* Country Latin America Production of Crude Oil, Natural Gas Plant Liquids, and Other Hydrocarbons, ,590 State oil Company Pemex, monopoly (Thousand Barrels per Day) Venezuela* Brazil* Argentina* Colombia* Ecuador* Trinidad&Tobago 3,080 1, PdVSA nationalized 1976 Petrobras joint YPF Privatized-sold Ecopetrol monopoly PetroEcuador open Peru Cuba Bolivia Guatemala Chile Suriname Barbados Total Latin America World Total *We will discuss these 10,456 75,461 from
6 Mexico Oil and Gas Basins Majority in the Gulf of Mexico Hydrocarbon Productive Regions, 2000 (% of total production)
7 Gulf of Mexico Basins 5301 Tampico-Misantla Basin 5302 Veracruz Basin 5304 Saline-Comalcalco Basin 5307 Campeche-Sigsbe Salt Basin 5308 Yucatan 5310 Sierra Madre de Chiapas-Peten Golden Lane
8 Mexico, Oil Exports OIL Mexico has the fourth largest proven crude oil reserves in the Western Hemisphere after Canada, Venezuela, and the United States at 12.6 billion barrels. During the first 10 months of 2002, Mexico produced about 3.6 million barrels per day (bbl/d) of oil. Mexico consumed approximately 1.9 million bbl/d of oil in 2002, resulting in net exports of roughly 1.7 million bbl/d. About 1.5 million bbl/d of these exports were bound for the United States, making Mexico the third largest foreign supplier of petroleum to the United States. Mexico ranks as the world's fourthlargest oil producer, behind the United States, Saudi Arabia, and Russia.
9 Mexico: does not export gas NATURAL GAS Mexico has proven natural gas reserves of 8.8 trillion cubic feet (Tcf), with 2000 production of about 1.33 Tcf and consumption of about 1.38 Tcf. Mexico is the Western hemisphere's sixthlargest natural gas reserves (after the United States, Venezuela, Canada, Argentina, and Bolivia. Mexico has until recently neglected natural gas exploration and development, and production has increased only modestly since 1980 (see graph). Imports of gas
10 Oil in Mexico: History In 1868, the Gulf of Mexico Exploration Company began the first industrialized drilling for oil in the state of Veracruz. They mined the oil and built refineries which produced kerosene. A law passed in 1884, gave underground development right to the owner of the land. Investors from U.S. and Great Britain bought much of the land securing their stake in Mexican oil. Two very important laws were passed in the early 1900's. The Petroleum Law (1901) allowed the granting of concessions on public lands, and the Mining Law of 1909 reaffirmed the rights of landowners to develop their subterranean assets. This legislation helped keep the Mexican oil industry in the hands of foreigners. Edward L. Doheny started the Mexican Petroleum Company. The company drilled for the next twentyfive years, and in 1916 commanded much of the Mexican oil production including the well at Cerro Azul, the largest well in the world at the time. The British had similar success stories with Mexican oil. Cerro Azul, National Geographic February, 1920
11 DeGolyer, Everette Lee ( ) He was born in a sod hut near Greensburg, Kansas, on October 9, 1886, and died a multimillionaire in Dallas, Texas, on December 14, As a 24-year-old college student, took a summer job with Mexican Eagle Oil Company and mapped the geological structure of most of the area later to be known as the famous "Golden Lane." In 1910 he selected the location for the Potrero del Llano #4 well in Veracruz, which produced about 140 million barrels over its lifetime. DeGolyer also located the discovery well of the Los Naranjos field, which has produced more than 1.24 billion barrels During his 70 years, DeGolyer was the most renowned petroleum geologist in the world. Picture taken from text by George Elliot Sweet (1978).
12 DeGolyer UTD connection: GSI- TI -SCAS- UTD In 1932 DeGolyer moved to Dallas and initiated a number of prospecting firms among them Geophysical Service, Incorporated with John Clarence (Karch) Karcher, and Eugene B. McDermott. The GSI was a seismic contracting company, bought by the founders from DeGolyer in GSI spawned Texas Instruments (T.I.) in the early 1950 s. As T.I. expanded they were forced to import engineering talent. To produce more talent from the Dallas- Fort Worth area, they established the Graduate Research Center of the Southwest (later renamed the Southwest Center for Advanced Studies) in The SCAS become UTD in Eugene McDermott GSI Founders, Left to Right: John Erik Jonsson, Eugene McDermott, Cecil H. Green and Dr. Henry Bates Peacock
13 During the WWII DeGolyer worked with the Petroleum Administration for War. DeGolyer was director of the American Petroleum Institute for more than twenty years and a founder of the American Association of Petroleum Geologists, he served as its president in 1925 and was made an honorary member of the association in After seven years' suffering from poor health, he took his own life at his office in Dallas, on December 14, Garland Road "Rancho Encinal" was the estate of Everett DeGolyer. The sprawling Spanish Colonial Revival house, designed in 1939 housed the massive DeGolyer library, and was surrounded on its prominent hillside site overlooking White Rock Lake by formal gardens. It is now a part of the Dallas Arboretum. Hillcrest Memorial Park Dallas Texas, USA
14 Nationalization of the Oil Industry in Mexico The Mexican oil industry continued to expand through Also during this time, foreign ownership increased to the point that almost all of the productive oil land in Mexico was owned by foreigners. Article 27 of the 1917 constitution said that any oil or energy related substances found underground, belonged to the state. Foreigners could lease the underground privileges but never actually own them. At the same time, labor laws were passed demanding more benefits for the oil workers, which the oil companies refused. This began to create a larger rift between Mexican government and the foreign oil companies. In 1938, President Cardenas expropriated (nationalized) seventeen foreign oil companies. Since that time, all production, refining, and sales of Mexican oil and gas is done by the state oil company, PEMEX. President Lazaro Cardenas, announcing the expropriation of the foreign petroleum companies in Mexico on March 18, 1938.
15 Pemex The Mexican oil industry was nationalized in March 18 th, 1938 and Pemex was created in June Petroleos Mexicanos (Pemex), the state oil company, is the world's fifth largest oil company, the single most important entity in the Mexican economy, and is considered a symbol of Mexican sovereignty and independence. Unlike many other major global oil companies, Pemex retains exclusive rights to oil exploration, production and commercialization in Mexico. The government relies on Pemex for approximately 1/3 of its fiscal revenues, as an estimated 60% of the company's revenues are turned over to federal authorities.
16 Privatization of Latin American Petroleum Privatization of a wide range of state-owned companies has occurred globally as a sweeping free market economic reform. Latin American economic reforms include the privatization of a wide range of state-owned industries--from phone companies, to natural gas and electric utilities, to petroleum companies. The various countries of Latin America, however, have pursued different routes to privatization. At one extreme lies Argentina, which completely privatized its formerly-state owned petroleum company, YPF. At the other end of the spectrum lies Mexico, which has largely maintained its state-owned petroleum monopoly, Pemex, although allowing more latitude to foreign investors in Mexican petrochemicals. In general, privatization has allowed Latin American companies more freedom to pursue joint ventures with foreign companies. It has also led to a major Latin American petroleum investment and may have encouraged the acquisition of some Latin American petroleum companies by foreign firms as well as the acquisition of foreign companies by some Latin American firms. As example YPF (ex national oil company Argentina ) bought Maxus (small USA company from Dallas) and REPSOL (Spain state oil company) bought YPF. Will PEMEX be privatized? Summaryprivatization.mht
17 Bolivarian Republic of Venezuela Meaning: little Venice. Area: total: 912,050 sq km; land: 882,050 sq km water: 30,000 sq km Venezuela is the sixth largest country in South America; it has the world's highest waterfall and South America's biggest lake. Area comparative: slightly more than twice the size of California Border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km Population: 24,654,694 (July 2003 est.)
18 Lots of Oil in northern Venezuela (and Colombia) Petroleum field location Province boundary line
19 Venezuela is as much a Caribbean country as it is a South American one. Because of its proximity to the Equator, Venezuela experiences little climatic variations. There are really only two seasons: dry and wet. The dry season lasts from December to April, the wet one from May to November. Economy - overview: Venezuela continues to be highly dependent on the petroleum sector, which accounts for roughly onethird of GDP, around 80% of export earnings, and more than half of government operating revenues. GDP - per capita: $5,500 (2002 est.) Venezuela
20 Venezuela Venezuela oil development began in Production surged and it quickly became a major oil exporter. Its rise was at least in part due to the turbulence in Mexico which led major oil companies to seek alternative investments. By 1932, Venezuela was Britain's largest single supplier of oil (followed by Iran and the United States). In 1939, Venezuela was producing 137 million barrels, making it second only to the United States in total output. The country had already become Royal Dutch/Shell's largest single source of production. The great oil hunt after World War I, led to the Los Barroso gusher in 1922 and the Venezuelan oil boom.
21 PdVSA Venezuela nationalized its oil industry in , creating Petroleos de Venezuela S.A. (PdVSA), the country's state-run oil and gas company. PdVSA is one of the world's largest oil companies, as well as Venezuela's largest business and employer. PdVSA works with foreign investors in Venezuela under the country's hydrocarbons law of November 2001, which stipulates that PdVSA hold a 51% stake in any new exploration and production agreement. The privatization of PdVSA is banned under Venezuela's 1999 constitution. Citgo, is an affiliate of PDVSA in United States The company is owned by PDV America, Inc., an indirect, wholly owned subsidiary of Petroleos de Venezuela, S.A., the national oil company of Venezuela.
22 Brazilian Oil Brazil is a new, important producer of oil (since 1980 s). Oil production has been rising steadily since the early 1990s, averaging nearly 1.6 mbl/d in The offshore Campos Basin, north of Rio de Janeiro, is the country's most prolific production area. Brazil's oil consumption for 2002 was almost 2.2 million mbl/d. Brazil's oil imports come mostly from Africa and the Middle East and, to a lesser extent, from Venezuela and Argentina. Brazil contains the second largest oil reserves in South America (after Venezuela), at 8.3 billion barrels. The country continues to strive for selfsufficiency in oil production by 2006 and has made positive steps towards reaching this goal. Petrobrás is seeking to expand its oil and natural gas operations outside of Brazil. In October 2002, The company acquired a majority stake in Argentina's Perez Companc, increasing its oil and natural gas reserves significantly.
23 Petrobrás is the state oil company, owned 51% by the Brazilian government. It was created in 1953 and given exclusive rights to explore, produce, refine, and distribute oil in Brazil. Prices for Petrobrás oil were also fixed. Most of Brazil's reserves are located offshore in deep water, requiring extensive capital investment to develop. In 1997, President Cardoso signed the Petroleum Investment Law. The law permitted joint ventures between foreign oil companies and Petrobrás. The law also opened up Brazil to drilling operations by foreign and Brazilian firms. Brazil Petrobrás
24 One of the main drivers behind opening the oil sector was to increase oil production in order to reduce dependence on oil imports and eventually achieve self-sufficiency. Petrobras is the world's 15th largest oil and natural gas company and a leader in deepwater drilling and the use of floating production systems and subsea completions. Petrobras has set many deepwater drilling records since it began exploring Brazil's continental shelf in the 1970s.
25 Exploration and Production Petrobrás is the only company to have made commercially viable discoveries in Brazil in recent years. Most of these are located in the northern Campos Basin, along the coast of Espirito Santo State.
27 Campos Basin 80 % of Brazilian oil production is from this Basin
28 Production Offshore Marlim Field (Campos Basin)
29 Offshore Drilling: a dangerous task The world's largest oil rig, located 78 miles off the coast of Brazil, was victimized in 2001 by three mysterious explosions that left up to 10 people dead and one critically burned. The sinking of the 40-story rig had the potential to dump at least 400,000 gallons of crude and diesel oil into the sea. Time Magazine March 2001 : The World's Largest Oil Rig Sinks (Brazil) -
30 Argentina is the fourth-largest oil producer in Latin America. Argentina's oil sector is completely privatized. Repsol- YPF, Argentina's largest oil company, was formed in 1999 when Spanish oil company Repsol bought Argentina's formerly state-held YPF. Although exploration and production activity in Argentina are completely open to the private sector, Repsol-YPF retains a position of dominance Argentina Oil
31 Argentina Sedimentary Basins Most oil in Argentina is produced from onshore wells, especially Neuquina Basin
32 Colombia is Latin America's fifth leading oil producer. After several years of declining production (due in large part to progressive depletion of older fields and rebel attacks on pipelines), oil output is beginning to rise as recent finds begin to come into production. In Colombia, the state owns all hydrocarbon reserves. Control is exercised in the oil and gas sectors through state-run hydrocarbons companies Empresa Colombiana de Petróleos (Ecopetrol) and Empresa Colombiana de Gas (Ecogás). Colombia
33 Area - slightly smaller than Nevada Climate: tropical along coast, becoming cooler inland at higher elevations; tropical in Amazonian jungle lowlands Terrain: coastal plain (costa), inter- Andean central highlands (sierra), and flat to rolling eastern jungle (oriente) Elevation extremes: lowest point: Pacific Ocean 0 m highest point: Chimborazo 6,267 m Natural resources: petroleum, fish, timber, hydropower. Only 5.7% Of land is arable. Population:13,710,234 (July 2003 est.) Ecuador has substantial oil resources and rich agricultural areas. Because the country exports primary products such as oil, bananas, and shrimp, fluctuations in world market prices can have a substantial domestic impact. GDP - per capita:purchasing power parity - $3,100 (2002 est.) Ecuador
34 Ecuador Ecuador is the sixth largest producer of oil in Latin America. Oil exports are Ecuador s main source of income. Oil exports in 2000 were about 44% of total exports. Crude oil production estimates for the first 10 months of 2001 was 415,000 barrels per day (b/d). In 2000, the country s oil consumption was approximately 149,000 b/d. In that same year, Ecuador exported an estimated 276,000 b/d. PetroEcuador, the state-owned oil company in Ecuador, is trying to attract foreign investment in the country's largest oil fields, and to boost its production from 230,000 b/d today (more than 50% of national production), to 600,000 b/d by In December 2000, Ecuador's Constitutional Tribunal rejected a government reform plan which would have allowed private companies to take operational control of PetroEcuador's top five oil fields. Is the tide going back towards nationalization?
35 Major natural gas pipelines in South America Natural gas is an important resource but development of a regional distribution network is critical. Can the nations of Latin America work together to make this happen? For example, Bolivia will not sell gas to Chile because of the 19 th century war.
I. The Objectives of the Reform. The bill being submitted by the Federal Executive for the consideration of the Congress of the Union, proposes that Constitutional Article 27 return to state what President
Country Report: Venezuela and Petróleos de Venezuela S.A. (PDVSA) Carlos A. Molina, Associate Professor at IESA Business School Associate Professor at IESA Business School in Venezuela since 2005, Carlos
1 of 5 12/13/2015 12:06 PM Back to previous page document 1 of 1 LATIN AMERICA: Oil prices complicate outlook OxResearch Daily Brief Service. (Jan 21, 2015). Find a copy http://sfxhosted.exlibrisgroup.com/nps?url_ver=z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:book&
Newell Dennison Institute of the Americas XXII Annual La Jolla Energy Conference May 20 22, 2013 La Jolla, California, U.S.A. 2 COUNTRY PROFILE Capital: Languages: Georgetown English (Official) Amerindian
THE WORLD OIL MARKET Mohan G. Francis With the Bush administration busily moving military forces to the Gulf region, the sense of an impending war has begun to make an impact on the world petroleum markets.
The Future of Energy in Louisiana! March 2014 1! GNO, Inc. Overview! GNO, Inc. is the economic development organization serving the ten parishes of Southeast Louisiana.! Logo! Business Development! Business
Global Oil and Gas Capital Expenditure Outlook 21: GlobalData s new report Global Oil and Gas Capital Expenditure Outlook 21: National Oil Companies (NOCs) to Drive Investment provides in-depth analysis
U.S. Energy Outlook May 21, 214 New York, NY By Adam Sieminski, EIA Administrator U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov The U.S. has experienced a rapid increase
MEXICAN ENERGY REFORMS JOHNS HOPKINS UNIVERSITY School of Advanced International Studies Dr. Francisco Barnés de Castro Comisión Reguladora de Energía Abril 29, 2014 1. Brief history of the energy industry
Date Issue Brief # I S S U E B R I E F Falling Oil Prices and US Economic Activity: Implications for the Future Stephen P.A. Brown December 2014 Issue Brief 14-06 Resources for the Future Resources for
Mexico s Energy Reforms: Opportunities Amidst Challenges August 20, 2015 Presented by: Ricardo Garcia-Moreno Partner Houston AGENDA The Need for Energy Reform General Framework Round Zero and Round One
Environmental Science Week7 - Geology Module 3: Geology, Earth and the Lithosphere 27. The Seven Continents: The continents are the major land masses of the earth. According to tradition most people speak
Texas: An Energy and Economic Analysis Posted on 9/30/2013 Texas leads the nation in oil and natural gas reserves and production. In just over 2 years, Texas has doubled its oil production with large quantities
Colombia in the world Proexport around the world Process of attracting Foreign Direct Investment Proexport offers detailed and professional assistance for investors that find interesting business opportunities
Ben H. Welmaker, Jr. Attorney at law Ben H. Welmaker, Jr. PC Tel: 832 566 0600 4848 Pin Oak Park #1009 Houston, Texas 77081-2285 firstname.lastname@example.org PRACTICE DESCRIPTION Ben H. Welmaker, Jr. practices
Produced for the OFFICE OF NATIONAL DRUG CONTROL POLICY Cocaine Smuggling in 2010 Cocaine Flow toward the United States The amount of cocaine departing South America decreased in 2010 for a third straight
Consejo Mundial de Energía Foro Biregional de América del Norte y de América Latina y el Caribe JUNIO DE 2006 Disclaimer Safe harbor statement under the Private Securities Litigation Reform Act of 1995:
Colombia: a country with energy diversity Ministerio de Relaciones Exteriores República de Colombia As reflected in President Juan Manuel Santos National Development Plan, Colombia's energy industry, in
Shale Gas: Its Not Just in North America Anymore John Veil 410-212-0950 email@example.com www.veilenvironmental.com GWPC Annual Forum Atlanta, GA September 25-28, 2011 Topics for Discussion Importance
Andrews Kurth in Latin America and the Caribbean With experience in leading projects and counseling clients in virtually every Latin American country and the Caribbean region, Andrews Kurth lawyers are
You may be interested. PIRINC has prepared the enclosed report, Energy Supply Risks: Perspectives in Light of Venezuelan Developments Until very recently, all discussion of energy supply risks has been
THE LOCAL PRIVATE SECTOR IN THE VENEZUELAN OIL INDUSTRY Antonio J. Vincentelli July 17, 2003 GOODS AND SERVICES FOR THE OIL INDUSTRY GEOPHYSICS DRILLING AND WELL SERVICES ENGINEERING AND PROFESSIONAL SERVICES
Oil and Gas Exploration and Production (E&P) in Colombia - Market Analysis, Competitive Landscape and Forecasts to 2020 Reference Code: GDGE0067MAR Publication Date: October 2012 Colombia has Witnessed
LNG Poised to Significantly Increase its Share of Global Gas Market David Wood February 2004 Petroleum Review p.38-39 For the past few years LNG has experienced high levels of activity and investment in
Newsletter Portuguese Economy and Energy Sector Q2, 2012 Economic News on Portugal The country has become a diversified and increasingly service-based economy since joining the European Community (EU).
APACHE AT A GLANCE Apache s asset portfolio reaches from the United States where its operations are focused on the Gulf Coast and the Gulf of Mexico, the Anadarko Basin and the Permian Basin to Canada,
OIL AND US FOREIGN POLICY David S. Painter Department of History Edmund A. Walsh School of Foreign Service Georgetown University HISTORY AS A WAY OF LEARNING Importance of Studying the Past: Context for
Testimony for Texas Senate Committee on Natural Resources Subcommittee Studying Impacts of Mexico s Energy Reforms on Texas September 19, 2014 ALFREDO RAMOS Houston and Mexico City Offices 713.276.5298
CRUDE OIL INTRODUCTION Crude oil holds prominence as input to the global growth engine since it is the most important source of energy accounting for more than two fifth of the global energy consumption.
Ronda Colombia 2012 Content 1. Colombia Indicators / targets 2. Potential 3. Colombia Round 2012 2 Colombia has strong fundamentals on which to build prosperity Source: Ministry of Mines and Energy - Colombia
Week 1 1. What US city has the largest population? 2. Where is Aachen? 3. What is the capitol of Florida? 4. What is the longest mountain range in Spain? 5. What countries border Equador? Week 2 1. What
Mexico s Economy AP Comparative Government and Politics Income per Capita: $7,130 USD. GDP: 1.134 Trilion USD (Purchase Power Parity) Largest in Latin America 12 th largest of the World 8 th Largest exporter
Peter Abt Mr. Abt is a Managing Director in Black & Veatch s Management Consulting Division. He leads the division s Oil & Gas Strategy practice and holds primary responsibility for client management and
Oil & Gas Capital Expenditure Outlook 2013 GDGE0020TR / Published January 2013 Global Oil and Gas Capital Expenditure is Expected to Increase to US$XX Billion in 2013 The global oil and gas capital expenditure
COSTA RICA: LINKING TRADE AND INVESTMENT FOR INCLUSIVE GROWTH AND DEVELOPMENT GETTING TO KNOW COSTA RICA o A small country of 51,100 km2 o With 4.7 million inhabitants o Strategically located in the middle
SOUTH CONTENTS What s in This Book 2 Section 1: 3 Section 2: Political Divisions of 1 Section 3: Physical Features of 41 Section 4: Valuable Resources of 67 Section : n Culture 89 Section 6: Assessment
Case Study From 1 Chile is a leader of the privatization movement in South America. In 1986, to meet the growing demand for energy, Chile began restructuring of the state-owned power sector. Before selling
EIA s U.S. Crude Oil Import Tracking Tool: Selected Sample Applications November 2014 Independent Statistics & Analysis www.eia.gov U.S. Department of Energy Washington, DC 20585 This report was prepared
Introduction The way of life that we Americans take for granted every day depends upon a stable and abundant supply of affordable energy. Energy shortages can quickly affect our everyday lives and harm
Environmental Science 101 Energy Fall 2012 1 Lecture Outline: 7. NON-RENEWABLE ENERGY RESOURCES A. Energy Sources and Uses in USA B. Current Consumption, Uses and Costs 1. Consumption 2. Energy Costs C.
Nigeria: A market for the Danish offshore industry? Seminar Peter Blach, Offshore Center Danmark Tuesday, March 11th 2008 at Offshore Center Danmark 1 The Nigerian Oil Industry Nigerian Oil Industry: Introduction
OMICS Group cordially invites participants from all over the world to attend International Conference and Expo on Oil and Gas, scheduled during November, 16-18, 2015 at Dubai, UAE mainly focused on the
Energy Challenges for the NATion and north carolina NOIA s mission is to secure reliable access to the nation s valuable offshore energy resources in order that they may be developed, produced and supplied
Africa Meeting Summary Tanzania as an Emerging Energy Producer Hon. Sospeter Muhongo Minister for Energy and Minerals, United Republic of Tanzania Chair: Thomas Cargill Associate Head and Research Fellow,
Page 1 E&P in Brief A Wintershall Fact Sheet Wintershall in Argentina Annual production in Argentina approx. 25 million barrels of oil equivalent April 2016 Tel. +49 561 301-3301 Fax +49 561 301-1321 firstname.lastname@example.org
SENATE RESOLUTION No. STATE OF NEW JERSEY th LEGISLATURE INTRODUCED JULY, 00 Sponsored by: Senator SEAN T. KEAN District (Monmouth) Senator ANDREW R. CIESLA District 0 (Monmouth and Ocean) Co-Sponsored
March 2015 MEGATRENDS IN THE OIL AND GAS INDUSTRY Cautionary Statement The following presentation includes forward-looking statements. These statements relate to future events, such as anticipated revenues,
OIL EXPLOITATION AND HEALTH IN THE AMAZON BASIN OF ECUADOR a Miguel San Sebastián 1,2 (email@example.com) Anna-Karin Hurtig 1,2 (firstname.lastname@example.org) 1. Umeå International School
IMPACT OF SHALE TECHNOLOGY ON HOUSTON REAL ESTATE Prepared for: Modern Green Development Co., Ltd. and Canadian Community Service Association June 21, 2013 Mining, Finance and Real Estate Forum Vancouver,
Petrobras in : Valuation of the Agbami Oil Field April 21, 2010 Prepared by: Nikita Agarwal Jacob Anjilivelil Mahesh Damodaran Jesse Schwarz Supervised by: Professor Campbell Harvey 1 Agenda Brief overview
February 29, 2016 Price Forecast Commentary Sproule s short-term outlook for oil and gas prices is based on information obtained from various sources, including government agencies, industry publications,
Natural Gas: Winter 2012-13 Abundance! and Some Confusion NASEO Winter Fuels Outlook Washington, D.C. October 10, 2012 Bruce B. Henning Vice President, Energy Regulatory and Market Analysis BHenning@icfi.com
INTERIM REPORT 2011 TM CLONTARF PLC Persian Gold Interim plc Interim Statement for the period ended 30 June 2011 successfully listed on AIM in April 2011. It was formed by a merger of Hydrocarbon Exploration
Koep & Partners Introduction Key legislation and regulatory structure Once largely ignored by international oil and gas companies, has in recent times been called one of the last frontiers of oil and gas
CHALLENGES AND OPPORTUNITIES FOR FOREIGN INVESTORS IN U.S. SHALE GAS DEVELOPMENT International Law Section Program Scott Schwind Thompson & Knight LLP 333 Clay Street, Suite 3300 Houston, Texas 77002 (713)
U.S. Trade Overview, 213 Stephanie Han & Natalie Soroka Trade and Economic Analysis Industry and Analysis Department of Commerce International Trade Administration October 214 Trade: A Vital Part of the
August 2014 The Economic Benefits of Oil and Natural Gas Production: An Analysis of Effects on the United States and Major Energy Producing States THE PERRYMAN GROUP 510 N. Valley Mills Dr. Suite 300 Waco,
» Introducing Spectra Energy Builds a Business CEO Fowler on Challenges Ahead By Martin Rosenberg Natural gas once again looms as an important fuel for electricity generation, given a spate of cancellations
For Columbia University New York, NY By Adam Sieminski U.S. Energy Information Administration U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov Key results from (AEO215)
The Economic Benefits of Increasing U.S. Access to Offshore Oil and Natural Gas Resources in the Pacific November 2014 Prepared for: American Petroleum Institute (API) National Ocean Industries Association
The Oil and Gas Industry in Scotland and its regional benefits Lessons learned from Scotland Genera Colombia, February 2016 Nicola Sartini, Senior Vice President, SDI Americas Content of today Who we are
QUARTERLY FOCUS: NATURAL GAS EXPORTS TO MEXICO The United States has been a net importer of natural gas since 1958. Nevertheless, the United States historically has exported small volumes of natural gas
Mexican Oil & Gas industry Investment opportunities post reform Eagle Ford Consortium Meeting January 29th 2014 Texas A&M International University Student Center Ballroom Laredo, Texas Antonio Juárez January
UPSTREAM OIL AND GAS INDUSTRY IN KENYA INTRODUCTION What is Upstream Oil and Gas? The petroleum industry is broadly divided into three segments namely: upstream (exploration and production), mid-stream
1. TRENDS IN INTERNATIONAL MIGRATION This chapter provides a brief overview of global and regional patterns and trends in international migration since 199. It also describes selected characteristics of
Eldad Weiss Founder and Chairman Collecting and Analyzing Big Data for O&G Exploration and Production Applications October 15, 2013 G&G Technology Seminar About Paradigm 700+ 26 700+ 29 7 15,000+ 15+ 200M+
The Global Chemical Industry: US, China and Global Status and Opportunities, 2015 August 28, 2005 American Chemical Society Martha Gilchrist Moore Moore Economics email@example.com Opportunities
Obtaining Finance in Latin America and the Caribbean 1 World Bank Group latin America and the Caribbean Series Note No. REV. 8/14 Basic Definitions Countries surveyed in and how they are grouped for analysis:
1 of 11 3/29/2011 10:41 AM Venezuela Last Updated: March 2011 Venezuela contains some of the largest oil and natural gas reserves in the world. It consistently ranks as one of the top suppliers of U.S.
CBRE CLARION SECURITIES MASTER LIMITED PARTNERSHIPS: GLOBALIZATION OF ENERGY MARKETS LEADING TO SECULAR GROWTH MAY 2014 201 King of Prussia Road, Suite 600 Radnor, PA 19087 USA T. 610.995.2500 www.cbreclarion.com
UBS conference 18 June 2014 1 Compliance statements Disclaimer This presentation contains forward looking statements that are subject to risk factors associated with oil, gas, geothermal and related businesses.
Crude Oil and LNG Exports Yale Alumni in Energy Conference April 2015 Claudia Duncan Crude Oil Export Policy - History 1920: Mineral Leasing Act Endows federal government with authority to manage exploration
WHY SHOULD FINANCIAL PLANNERS CONSIDER DIRECT OIL & GAS INVESTMENT PROGRAMS FOR THEIR CLIENTS? BY Martin J. Cohen, Cfp tm And Steven King, President Petroinvest Llc Should asset allocation in direct participation
Issue Brief March 2008 Center for Economic and Policy Research 1611 Connecticut Ave, NW Suite 400 Washington, DC 20009 tel: 202-293-5380 fax:: 202-588-1356 www.cepr.net The Economic Impact of a U.S. Slowdown
For over 20 years, Baker & O'Brien consultants have acted as "Technical Advisor" on major energy projects. In this role, we often perform a technical and economic due diligence analysis of the project.
Assessment of Undiscovered Technically Recoverable Oil and Gas Resources of the Nation s Outer Continental Shelf, 211(Includes 214 Update) Using a play based assessment methodology, the Bureau of Ocean
Energy, Environment, & Sustainability August 2014 The Possible Loss of Venezuelan Heavy Crude Oil Imports Underscores the Strategic Importance of the Keystone XL Pipeline By Jorge R. Piñon Recent press
Recent Oil-Market Developments: Causes and Implications Statement of Professor Robert J. Weiner Professor of International Business, Public Policy & Public Administration, and International Affairs, George
Oil & Gas Industry Recent Developments By Dr. Hilmar R. Zeissig Houston International Business Corp. For RIAS BERLIN COMMISSION U.S. Energy Program in Texas Houston, Texas, April 27, 2015 Typical Downstream
Peru, Argentina, and Brazil: Economic Factors PERU Grade 6 Economic Overview: Peru's economy reflects its varied geography - an arid coastal region, the Andes further inland, and tropical lands bordering
Credit Suisse Mexico Investment Ideas Conference May 2015 Information Regarding Forward-Looking Statements This presentation contain statements that are not historical fact and constitute forward-looking
National Security and Fuel Economy How Dependence on Oil Impacts National Security WELCOME Brigadier General Steve Cheney CEO of the American Security Project ASP is organized around the belief that honest