Posts Tagged: Offshore oil


The Master Resource Report 2013-11-22 The Canadian Problem The Canadian oil producers are trying to find a way to close the huge gap between what they get paid for their oil and the global price of this critical commodity. According to an article in the Financial Times the gap between Western Canadian Select and comparable… Read more »


The Master Resource Report 2013-08-30 The Master Resource Report will be taking a two week vacation. The report will not be published September 6th or 13th. The price of oil From the Financial Times: “The oil markets have begun to price in the risk of military action,” said Michael Wittner, head of global oil research… Read more »


The Master Resource Report 2013-01-04 Five year anniversary of $100 a barrel oil Five years ago this week on Wednesday, January 2, 2008 oil traded at $100 for the first time. The price had climbed from a low of $50 a barrel in 2007. This helped to begin taking the wind out of an over… Read more »


The Master Resource Report 2012-10-19 Gulf of Mexico drilling heats up Activity in the Gulf of Mexico is picking up. Bloomberg reported that “the Obama administration has issued this year the most deep-water oil-drilling permits for the Gulf of Mexico since 2007 as high crude prices revive exploration slowed by the 2010 BP Plc spill.”… Read more »


The Master Resource Report  2012-02-10 Shale Oil recovery factor On February 9th Mark Papa, Chairman and CEO of EOG Resources gave a presentation at the Credit Suisse Energy Summit 2012. The presentation’s audio and slides are available on the investor relations page of EOG Resources. There were several key points made during the presentation concerning… Read more »