Can Russia deliver on pledge to cut oil production?

2016年12月09日 投资美国石油俱乐部



如果您经常看到我们的信息,就考虑点击上面蓝字
投资美国石油俱乐部直接关注呦!

寻:北美地区在产油田收购。要求收购规模1亿美金以上,常规非常规皆可。有一定的在产产量,并有较大的后续开发潜力。项目方的报价需符合行业定价惯例。

Source:FuelFix

 

Russia has committed to cooperate with OPEC by cutting as much as 300,000 barrels a day from its oil output but offered no clear method for enforcement, creating uncertainty about how easily the reduction can be delivered.


sOutput cuts should be spread proportionally between Russian producers, who have said they support the move, Energy Minister Alexander Novak told reporters Thursday. Yet no oil companies have so far taken the lead on explaining how they will implement the cuts, said Chris Weafer, a partner at Macro Advisory. State-controlled Rosneft PJSC is likely to bear most of the burden, according to Renaissance Capital.


“Trying to get an agreement for a pro-rata cut amongst the Russian oil producers, even if mandated by the Kremlin, would be akin to herding cats,” Weafer said by e-mail Thursday. “All would want to wait to see what the others do first.”


The Organization of Petroleum Exporting Countries confounded skeptics on Wednesday by reaching an agreement to cut production by 1.2 million barrels a day. Russia added to the surprise by saying it too would reduce current output of 11.2 million barrels a day — a reversal for Novak who had for months expressed Russia’s preference for freezing at that level. While crude futures jumped above $50 a barrel on the news, questions remain over how the supply curbs will be implemented.


Lukoil PJSC Russia’s second largest producer, supports OPEC’s moves to stabilize global oil markets, Pavel Zhdanov, the company’s director of capital markets and mergers and acquisitions, said on conference call Wednesday. It is too early to get into details, he said.


The press services of Rosneft, Russia’s largest producer, and Lukoil declined to comment on any measures they would take to enact cuts.


Rosneft’s Burden


“Rosneft looks like the number one company that should take the biggest share of the cut,” Ildar Davletshin, an oil analyst at Renaissance Capital, said by e-mail. It controls almost 50 percent of Russian oil output and it has one of the lowest shares of so-called greenfields, or new developments, in its current production portfolio, he said.


Cuts are more likely to be achieved by dialing back drilling on older fields, allowing the natural decline rates to grow, as opposed to stopping new projects, he said.


An output reduction spread proportionately among large companies won’t result in changes to overall levels of investment in the industry, Olga Danilenko, director of oil and gas research at Prosperity Capital in Moscow, said by e-mail. Instead, they would probably shift funds to longer-term projects, she said.


Russia plans to meet with OPEC producers and nations from outside the group in the next 10 days, during which the country will likely sign a memorandum confirming the supply reductions, Novak said in a briefing Wednesday.

 

        关于我们

投资美国石油俱乐部

全球第一个专注于美国石油天然气行业投资的华人微信公众平台。美国有超过400万平方公里的土地与矿产资源属于私人所有,是世界上最适合中小资本与个人参与原油开采投资的国家。自2006年美国爆发页岩气革命以来,美国的页岩油、致密油产量剧增,目前的原油日产量排名世界第三。预计2020年美国将成为世界上最大的石油出口国。美国原油生产成本大致在20~60美金/每桶之间,每口油井寿命达10年以上,通常直接销售原油带来的现金收入是初始打井投资额的3倍到10倍。本公众号介绍美国石油与天然气开采行业的资讯与动态、分享中国投资人参与投资的机会。如果想了解更多,可以加微信平台管理员的个人微信号teresa13264021820,为您解答更多问题哦。

免责声明:我们发布的转载资讯,对文中陈述、观点保持中立,不对所包含内容的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考,并请自行承担全部责任。如有版权问题,请联系我们,我们负责版权保护。

 


收藏 已赞