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Saudi Arabia $150 dollars a barrel!

Saudi Arabia is begging Donald Trump for help. Iran is going to continue to bomb Saudi Arabia. Iran will stop when Trump lifts the sanctions. Trump’s not going to stop. Trump wants Saudi Arabia to buy weapons from America and defend it self. Saudi Arabia can’t afford a war as they are going broke. The media is not reporting this!

Subtitle Script:

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hey guys Sean Pruitt president of

Kingdom exploration exciting times in

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the oil business I’ve never seen

anything like this and I just can’t

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believe when I’m reading in the news

they have absolutely no idea what

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they’re talking about

I explained further let’s watch this

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video clip crown prince in a televised

interview Mohammed bin Salman describes

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a dark prediction should an all-out war

break out with Iran but in that same

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interview he talks about how he prefers

a peaceful resolution with the Islamic

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Republic RT correspondent sites have

injure has the details

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the Crown Prince of Saudi Arabia sent a

dire warning to the world saying crude

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oil prices will spike to unimaginably

high numbers in case of an armed

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conflict with Iran Mohammed bin Salman

made those comments during an interview

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with CBS the region represents about

thirty percent of the world’s energy

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supplies about 20 percent of global

trade passages about 4 percent of the

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world GDP imagine all these three things

stopped this means a total collapse of

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the global economy not just Saudi Arabia

or the Middle East countries now after

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the September 14 drone attacks on tour

Aramco what he’s saying what MBS is

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saying is he’s reminded Trump in those

private meetings he says like hey if

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something if if our economy is destroyed

the global economy is gonna be going

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with it he’s trying to get Donald Trump

to send his military over to help him

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fight but Donald Trump is interested in

selling him weapons and letting him

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protect himself ok but something you

have to understand Saudi Arabia’s going

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broke they need minimum $80 oil in order

to even break even this this year the

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the according to many stock

experts in the industry they estimated

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is pre-ipo stock to be worth upwards of

two trillion dollars and ramicus stock

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he can’t even raise a hundred billion

dollars on that thing it and that’s not

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a lot of money his country’s falling

apart he’s losing money they don’t save

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money they spend money and they’re

having a hard time raising capital for

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their their IPO because they need

minimum $80 a barrel in order for them

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to break even

who’s gonna invest in something like

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that and so they’re gone broke and Trump

wants to sell them military weapons so

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they could protect themselves versus us

getting stuck in the mud spending

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trillions of dollars anyways it for

Saudi Arabia to temporarily shut down

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roughly 50% of its output or more than

5% of the world’s daily crude production

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now the following week Brent crude was

as much as 20 percent to almost 72

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dollars per barrel now that might not

seem as high at the moments especially

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since we were about 130 dollars per

barrel in April of 2011 but that’s still

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the biggest jump on record and this is

why energy experts are currently citing

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figures between 100 and 150 dollars per

barrel for the price of oil if Saudi

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Arabia and Iran who picks highest and

third highs all the producers went to

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war now currently the price of crude oil

sits at about 55 dollars per barrel now

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the reason why we’re at 55 dollars a

barrel

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bottom line we’re producing too much oil

and it’s because of the u.s. it’s

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because of shale okay but I can’t get

through it I if so many people are under

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the impression that shale is just gonna

keep coming it’s never going in shale is

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it’s it is not long-term shale decline

curve is massive and it’s only getting

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worse with each well that they’re

drilling and if we look at the seeking

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alpha calm okay a bullish storm is

brewing but

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beyond the headlines if we look here

combined with the expected increase in

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exports a forecast drop and net imports

from September to October in excess of 1

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million barrels per day

and unless domestic production increases

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to offset this forecast drop total oil

oil storage will sharply drop in October

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and likely through the rest of the year

look everyone’s looking to America to

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fill the oil that’s why oil prices

aren’t skyrocketing to 2008 levels when

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they’re 160 dollars a barrel because

everyone thinks we’re gonna fill the

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order but we can’t shale is not gonna

fix the problem and if you look here the

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the shale rig count in the last 10

months the US oil rig count declined by

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approximately a hundred and eighty rigs

in the pace of decline has accelerated

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in the most recent four weeks look the

reason why rigs are being taken off the

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market because they’re not making money

shell companies u.s. shell companies

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cannot make money at fifty something

dollars a barrel they can’t afford it

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and and see the problem is the news the

news they don’t know how to prosper in

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oil and gas they they don’t have the 25

years experience I have an only gas they

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don’t know what it means for oil prices

to be as low as they have been for as

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long as they have and so bottom line

unless we have peace in the Middle East

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which is not happening we’re gonna see

another bomb on a key oil facility it’s

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gonna increase prices of course but in

time she’ll not fix the problem where we

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have to in order to maintain the daily

output the conventional oil well that

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we’ve been drilling since the 80s it’s

like this over a 20-year period shell is

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like this in one year

it’s like that it’s a massive decline

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curve and so the only reason why shale

has been able to maintain these high

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outputs okay

the we were producing like five million

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barrels a day and now we’re producing

like 16 million all because of shale

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that’s like an extra 10 million a day is

the reason why we’re able to produce 10

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million barrels a day of shale is

because we keep drilling oil wells in

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order to maintain that output number

okay but what happens when the rigs drop

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when we can stop drilling when there’s

no money to drill you’re gonna see a

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massive decline curve much quicker than

you would in conventional oil place so

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we cannot we cannot save the world

only Saudi Arabia has the ability to

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output the numbers that we need because

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Aleutian is much better than the

military one summon also said President

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Trump should meet with Iranian president

Hassan rouhani to craft a new deal on

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Iran’s nuclear program and discuss

Iran’s influence across the Middle East

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now sure

Saudi Arabia MBS is saying yeah Donald

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Trump’s gonna go have a nice chat with

Iran how’s that work for you I mean we

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know for a fact that Iran and in in

Donald Trump is not going to probably

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not even meet Trump just keeps turning

up the heat

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and so when Trump turns up the heat on

Iran it causes Iran to attack Saudi

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Arabia Saudi Arabia is asking Trump for

help

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Trump wants to sell military weapons

Saudi Arabia is out of money it round

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and round we go guys not only that Trump

has a election to win okay let’s

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continue

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Oh then bid 500 Saudi forces while

capturing another 10,000 now Cornell

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poonam of Saudi Arabia’s claim they are

true for the rebels in the five-year war

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and now new video claims to show Yemen

releasing prisoners and what could be

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the start of a much larger prisoner swap

well we got to get up to date on the

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Yemen war and how the United States is

connected we turn to former Pentagon

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official Michael Maloof simple answer is

the United States connected the United

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States is connected only only where Iran

can be clearly shown as being a problem

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plus we we continue to provide the the

arms and what have you to Saudi Arabia

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but they’re totally ineffective against

the type of tactics that are being used

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on the battlefield today and by the

Houthis they clearly have shown and

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demonstrated a capability that they were

not anticipated to have what is the size

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of capability of the rebel army

operating in Yemen right now at the time

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well right now they’re being able to

show that they can they can project

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power within the Saudi Kingdom and the

kingdom itself the Saudi Kingdom cannot

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stop it and now that is significant even

notwithstanding all the arms and all the

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capabilities of the soldiers supposedly

with training it shows that they that

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they’re incapable accounts of these

prisoners being taken the prisoners

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themselves are very upset with their own

leadership because they’ve been they

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haven’t been repatriated in any way they

haven’t been rescued nothing has

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happened and there’s quite a sizable

number that were captured and it showed

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a pincer movement and the only way you

can get that is by having with and and

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the pincer movement took place inside

the kingdom right which means the

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Houthis got help from within the kingdom

by people who are opposed to the regime

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and that’s the question that you’re

looking around because I remember a few

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weeks ago the United States was possibly

even gearing up for some sort of

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escalation of a war with Iran over oil

fields the salaries asked us for help in

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this case they’re getting their their

army captured possibly even killed yeah

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and we’re not hearing anything about

you’re not even hearing about it

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anywhere definitely why is that is that

why are we not hearing this story then

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we heard all about the oil fields I

think I think the US

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stunned by the capability of those oh

these were this pad that had this much

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power behind me I never projected this

kind of capability before the the lady

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mentioned the fact that how come no

one’s reporting this how come nobody is

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sharing what these guys are talking

about it’s because nobody know what’s

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knows what’s really going on I mean we

we spend seven hundred billion dollars a

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year on our military Apple the richest

company in the world is worth one

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trillion we spend more money than Apple

profits on our military we’re the most

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powerful military in the world okay and

we have to use our sophisticated

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technology to really know to what’s

going on but they’re saying we didn’t

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expect the Houthis to have this much

power so it makes you ask you know okay

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so they’re getting help from within

Saudi Arabia that’s interesting but

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where is Iran getting all this power

from is it coming from China is it

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coming from Russia is it coming from

Saudi Arabia

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what I’ve been saying all along what

I’ve been saying all along is that I

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wouldn’t be surprised if Saudi Arabia

cooperated with Russia and Iran to

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create a situation to cause oil prices

to go up I’ve been saying this all along

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and all of a sudden a bomb was dropped

just two days before I said hey a bombs

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gonna drop in Saudi Arabia wouldn’t be

surprised

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two days later there’s a bomb drop the

reason why I know is because it

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they are so predictable the a’m Kippur

War

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they stopped exporting oil to us what

did that do it tripled oil prices

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Society rate was like wait a minute

we sold less oil and made much more

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money hmm interesting

so what do they do they started

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manipulating oil prices by curbing

production backing up backing off on

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production okay and so that’s actually

wrong for them to do that because it’s

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causing the American economy GDP and

every other GDP around the world to

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up because they’re having to spend more

money on oil and less money on Walmart

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and gas and so because higher gas prices

until the the so we the Houthi is much

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stronger than we realized nobody

expected for them to bring military

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weapons to Yemen and have help from

within and bomb a key oil field in Saudi

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Arabia America wasn’t expecting it Saudi

Arabia wasn’t expecting it but I would

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not be surprised if there’s a lot more

involved here than just Iran alone we

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were sure that the Iranians were the

ones that attacked the Saudi airfields

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were drunk but what the Houthis were

able to demonstrate were two things

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number one they were able to show they

had a coordination of their air there

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their drones their electronic warfare

and the ability to strike accurately on

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the on the oil fields with help from

people from within who could help target

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then right after that a Houthi spokesman

said stay tuned because next week we’re

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going to be taking over large tracts of

of territory within the kingdom bingo it

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happened they warned us it was gonna

happen and guess what they’re

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continuously saying hey we’re gonna

continue to bomb Saudi Arabia but you

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know the rest in the media what are they

saying Reston media are talking about

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you know what Adam Schiff said or or

what some random you know Joe Biden who

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cares about what Bernie has to say I

could care less I mean back when Bush

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was in office there was enough garbage

on the news enough interesting things

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where this kind of news would have been

taking up morning news nighttime news

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every bit of news but people more

interested in in in in

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stupid lgbtq pap CT groups and whatever

I mean it’s ridiculous what’s happening

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in our country but anyways this is real

news

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Saudi Arabia’s fallen apart Trump isn’t

hasn’t sent any military and yet I mean

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they sent a few troops I personally

don’t think Trump’s gonna do anything he

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has it he has an election to win I don’t

blame him and at the same time he

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doesn’t want to spend a trillion dollars

and get stuck in the mud and start an

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endless war in Saudi Arabia we’re tired

of being the world’s police we’re

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spending too much money and this is an

opportunity to sell some military

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equipment and strengthen Saudi Arabia to

start fighting their own Wars but

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anyways very exciting times people a lot

of people are saying all prices are

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gonna go back up to 100 120 150 dollar

oil but even at 50 something dollars a

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barrel we can still make money in

conventional oil place I mean that’s

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what we were doing back in the 90s back

in the early 2000

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so anyways I’m Sean Pruitt and if you

have any questions feel free to call me

0:16:05.490,0:16:16.719

any time office numbers 307 6 2 2 1 6 4

5 3 o 7 6 2 2 1 oil Thanks

0:16:22.420,0:16:24.480

you

Oil Prices! America is the New Oil King. OPEC Saudi Arabia Iran Russia are going broke!

Oil Prices are low but not for long. The Shale Game is dying & OPEC/Russia is desperate. Trump keeping oil prices low is an act of war! 90% of Saudi Arabia and OPEC GDP is 90%+. Without Oil They Will Not Survive. Russia is in a similar predicament as Oil is 60% of their GDP. America doesn’t need Saudi Oil and we flaunt it in their faces every chance we get. OPEC has been manipulation oil prices and controlling the worlds oil supply for years. For the first time they have little control and they loose market share to America. Every time Saudi OPEC cartel cuts back America fills the order taking more market share. OPEC is desperately trying to find ways to increase oil prices!

Video Script:

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you guys Sean Pruett here happy Friday

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today’s casual Friday I don’t dress up

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nice on Fridays um a lot of people are

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wanting wondering what’s what the hell’s

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going on in the oil markets well Iran

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has been trying to suck us into a battle

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and it hasn’t worked for them

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Iran dropped bombs in saudi arabia and

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Saudi Arabia Russia Iran OPEC they were

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all hoping oil prices went up to 100

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something dollars a barrel now the

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reason why I know this I mean history

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repeats itself you follow the money okay

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I mean they don’t produce oil just to

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produce oil they’re doing it for the

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money they they love money more than

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anything okay

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OPEC loves money more than anything it’s

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where they get their power control and

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without it they’re nothing okay right

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now Saudi Arabia’s economy

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isn’t it cannot last much longer with

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these current oil prices I’m not gonna

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sit here and explain all the details to

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you but all the money that they have

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made by becoming the richest oil country

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in the world it is drying up faster than

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you can believe in order for them to

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break even this year oil prices need to

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be $80 a barrel that means they’re

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losing money right now

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not not only are they losing money

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they’re also losing market share right

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now and so they’re seeing their oil

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power

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dissipating 90% of their GDP is oil Iran

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same thing

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OPEC same thing Russia 60% of their GDP

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GDP is also what do you think they’re

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gonna do you think they’re gonna sit

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back now here’s here’s something you

0:01:56.430,0:02:03.920

guys have to understand they have been

0:01:58.820,0:02:03.920

manipulating oil prices for a long time

0:02:04.280,0:02:09.710

that’s the only way they know to

0:02:06.260,0:02:12.650

increase oil prices they control supply

0:02:09.710,0:02:14.600

and demand and they control oil prices

0:02:12.650,0:02:17.780

for the first time because of Donald

0:02:14.600,0:02:20.810

Trump they cannot control oil prices

0:02:17.780,0:02:24.620

we’re taking over market share and we’re

0:02:20.810,0:02:28.250

keeping oil prices low why it is to keep

0:02:24.620,0:02:30.620

the money out of the wrong hands every

0:02:28.250,0:02:34.670

single war that broke out in the Middle

0:02:30.620,0:02:38.290

East was funded by oil and oil alone

0:02:34.670,0:02:42.620

now I was reading an article today

0:02:38.290,0:02:46.130

Goldman Sachs sees opportunity right now

0:02:42.620,0:02:49.010

in the shell crisis shale oil here in

0:02:46.130,0:02:52.100

the US we went from producing 6 million

0:02:49.010,0:02:54.310

barrels a day to producing 15 million ok

0:02:52.100,0:02:57.530

that’s it’s almost an extra 10 million

0:02:54.310,0:03:00.470

barrels of oil a day because of shell

0:02:57.530,0:03:02.750

alone problem with shale is the it’s

0:03:00.470,0:03:05.390

very expensive because you need fracking

0:03:02.750,0:03:09.530

technology in order extract it and then

0:03:05.390,0:03:11.150

on top of that you need and on top of

0:03:09.530,0:03:13.220

that the decline curve is much higher

0:03:11.150,0:03:16.580

because if you’re going to manipulate

0:03:13.220,0:03:18.890

oil to get it out of a shale that was

0:03:16.580,0:03:20.900

never intended to extract oil it will

0:03:18.890,0:03:24.290

return back to what the original

0:03:20.900,0:03:26.180

porosity was over time so you frack the

0:03:24.290,0:03:28.190

hell out of it and then you produce as

0:03:26.180,0:03:30.950

much oil as you can but all of a sudden

0:03:28.190,0:03:34.030

it drops down to those low numbers again

0:03:30.950,0:03:37.190

so the decline curve is massive versus a

0:03:34.030,0:03:39.110

conventional oil well that is

0:03:37.190,0:03:41.780

sustainable it could produce like that

0:03:39.110,0:03:43.370

for 20 30 years but shale it might

0:03:41.780,0:03:45.200

produce for 2 or 3 years and then it

0:03:43.370,0:03:48.590

goes back to what she originally

0:03:45.200,0:03:50.209

intended which is nothing and so they

0:03:48.590,0:03:52.549

could either spend another 5 million and

0:03:50.209,0:03:54.170

go back and recompete the well or they

0:03:52.549,0:03:58.489

just let it sit there and dribble out

0:03:54.170,0:04:01.310

and so a lot of these shell companies I

0:03:58.489,0:04:03.560

was reading here the mountain of debt

0:04:01.310,0:04:06.140

looms just over horizon according the

0:04:03.560,0:04:08.090

Wall Street Journal between july 2019 in

0:04:06.140,0:04:10.070

the end of the year roughly nine billion

0:04:08.090,0:04:14.120

in debt was set to mature however

0:04:10.070,0:04:17.269

between 2020 and 2022 a whopping 137

0:04:14.120,0:04:19.519

billion in shale debt matures the

0:04:17.269,0:04:22.070

fracking industry does not have a viable

0:04:19.519,0:04:24.500

business model according to analysis at

0:04:22.070,0:04:28.669

the institute for energy economics and

0:04:24.500,0:04:30.560

financial analysis and so what what

0:04:28.669,0:04:33.380

they’re saying is they they don’t have a

0:04:30.560,0:04:35.000

viable business model the viable the

0:04:33.380,0:04:37.789

business model that they have in shale

0:04:35.000,0:04:40.100

is in order to maintain the output it

0:04:37.789,0:04:42.440

just keep drilling Shale wells well you

0:04:40.100,0:04:45.530

can’t take the profits from producing

0:04:42.440,0:04:47.800

Shale wells and put it into brand-new

0:04:45.530,0:04:51.910

Shale wells because

0:04:47.800,0:04:51.910

there’s not enough profitability

0:04:52.090,0:04:58.060

for everyone well that you drill in

0:04:54.550,0:05:00.940

order to maintain that peak number you

0:04:58.060,0:05:02.470

have to have three or four wells I’ve

0:05:00.940,0:05:04.600

been pumping for the last two years

0:05:02.470,0:05:06.100

because the decline curve is massive so

0:05:04.600,0:05:09.760

it becomes on line strong and then it

0:05:06.100,0:05:11.290

declines uh there there there there’s no

0:05:09.760,0:05:14.200

clear objective

0:05:11.290,0:05:17.350

it’s just drill like crazy and hope we

0:05:14.200,0:05:20.080

find a new technology or a new discovery

0:05:17.350,0:05:22.740

to help us with this shale problem but

0:05:20.080,0:05:26.270

they never intended

0:05:22.740,0:05:29.740

on shell

0:05:26.270,0:05:32.930

taking over they never intended for

0:05:29.740,0:05:36.440

shale to replace conventional oil wells

0:05:32.930,0:05:38.300

shale was just hey

0:05:36.440,0:05:41.140

there’s no other place to really develop

0:05:38.300,0:05:45.230

right now let’s give the shell game a

0:05:41.140,0:05:49.160

whirl and then it exploded with no plans

0:05:45.230,0:05:53.450

of it ever even considering replacing

0:05:49.160,0:05:58.760

oil see so we’re in for a massive

0:05:53.450,0:06:02.990

decline there there the hens have come

0:05:58.760,0:06:05.570

home to roost are the Roosters whatever

0:06:02.990,0:06:08.960

that saying is sorry I guess you know

0:06:05.570,0:06:12.669

the the debt is escalating in the shell

0:06:08.960,0:06:15.159

game and the longer oil prices are low

0:06:12.669,0:06:17.550

the more shell companies are going to go

0:06:15.159,0:06:17.550

out of business

0:06:20.030,0:06:24.949

Goldman Sachs says the current down

0:06:22.229,0:06:27.509

market represents a buying opportunity

0:06:24.949,0:06:29.849

through August of this year more than

0:06:27.509,0:06:32.129

190 shell companies have declared

0:06:29.849,0:06:34.949

bankruptcy since 2015

0:06:32.129,0:06:36.090

according to haynes and boone LLP so

0:06:34.949,0:06:38.610

bottom line here guys

0:06:36.090,0:06:40.199

oil prices have been low for a long time

0:06:38.610,0:06:43.169

shell companies are going out of

0:06:40.199,0:06:46.530

business developing shell wells is

0:06:43.169,0:06:49.740

declining massively the decline curve

0:06:46.530,0:06:53.340

the daily output of oil is declining

0:06:49.740,0:06:56.189

quickly as well so our output is

0:06:53.340,0:06:58.050

dropping tremendously and so right now

0:06:56.189,0:07:01.520

it’s cheap to buy leases is cheaper to

0:06:58.050,0:07:05.270

drill so you get in now

0:07:01.520,0:07:08.090

and as the as as oil the decline curve

0:07:05.270,0:07:11.840

increases as less wells are being

0:07:08.090,0:07:15.440

drilled oil output is going to drop

0:07:11.840,0:07:19.160

tremendously and of course when supply

0:07:15.440,0:07:22.370

goes down and demand goes up what do you

0:07:19.160,0:07:24.860

have and so oil prices are going to go

0:07:22.370,0:07:26.900

up with that okay that’s number one

0:07:24.860,0:07:29.569

okay shell is a flash in the pan that’s

0:07:26.900,0:07:31.039

not gonna last and Goldman Sachs is

0:07:29.569,0:07:32.539

saying it’s a buying opportunity that’s

0:07:31.039,0:07:35.479

number one number two

0:07:32.539,0:07:37.820

Saudi Arabia is gonna do whatever it

0:07:35.479,0:07:40.009

takes to increase oil prices they’re

0:07:37.820,0:07:41.330

sitting on one of the the largest pre

0:07:40.009,0:07:45.380

IPOs in the world

0:07:41.330,0:07:47.000

Saudi Aramco as a stock that is were and

0:07:45.380,0:07:51.020

they just put a small percentage of

0:07:47.000,0:07:53.030

their oil holdings onto the stock

0:07:51.020,0:07:56.030

exchange and it could be worth upwards

0:07:53.030,0:07:58.490

of two trillion dollars they are having

0:07:56.030,0:08:00.889

a hell of a time raising money for that

0:07:58.490,0:08:03.229

thing it should have been easy but the

0:08:00.889,0:08:09.590

problem is oil prices are low there are

0:08:03.229,0:08:11.479

countries unstable and oil it in in in

0:08:09.590,0:08:13.340

there they’re they’re not even profiting

0:08:11.479,0:08:14.930

right now so nobody in the right minds

0:08:13.340,0:08:16.639

really gonna dump a bunch of money in

0:08:14.930,0:08:18.710

this sink so Saudi Arabia is gonna do

0:08:16.639,0:08:20.330

whatever it takes to increase oil prices

0:08:18.710,0:08:23.479

whatever it takes

0:08:20.330,0:08:26.719

they only know to manipulate oil prices

0:08:23.479,0:08:30.919

they only know to manipulate they only

0:08:26.719,0:08:34.010

know to manipulate supply demand and in

0:08:30.919,0:08:36.979

the past they cut back on production but

0:08:34.010,0:08:38.930

now when they cut back on production oil

0:08:36.979,0:08:42.709

prices remain the same because we are

0:08:38.930,0:08:45.410

filling those orders that they normally

0:08:42.709,0:08:48.230

would be filling and so we’re we’re

0:08:45.410,0:08:51.010

taking market share the u.s. is taken

0:08:48.230,0:08:53.149

over we’re taking market share and

0:08:51.010,0:08:55.670

there’s nothing they could do about it

0:08:53.149,0:08:57.980

so the only option though the only other

0:08:55.670,0:09:02.029

option is dropping bombs on key oil

0:08:57.980,0:09:04.040

fields Russia Saudi Arabia OPEC Iran

0:09:02.029,0:09:07.270

they all know this that’s why Iran keeps

0:09:04.040,0:09:12.780

trying to draw us into a war

0:09:07.270,0:09:12.780

if America made a deal with Saudi Arabia

0:09:13.930,0:09:18.940

a deal that made our currency the most

0:09:17.680,0:09:20.410

powerful currency in the world that’s

0:09:18.940,0:09:22.800

called the petro dollar we made a deal

0:09:20.410,0:09:25.679

with Saudi Arabia

0:09:22.800,0:09:30.059

that if they would sell their oil in our

0:09:25.679,0:09:32.009

currency we will protect their assets so

0:09:30.059,0:09:34.710

we worked closely with Saudi Arabia to

0:09:32.009,0:09:37.380

protect their oil wells

0:09:34.710,0:09:40.740

and they sold our oil in US currency in

0:09:37.380,0:09:44.250

that currency every time Russia Saudi

0:09:40.740,0:09:46.410

Arabia every China India would buy a

0:09:44.250,0:09:49.050

barrel of oil they had to do it in US

0:09:46.410,0:09:50.280

currency making our currency the most

0:09:49.050,0:09:52.710

powerful currents in the world we have

0:09:50.280,0:09:56.749

central banking systems in every country

0:09:52.710,0:09:59.730

except for North Korea and Cuba

0:09:56.749,0:10:01.860

ninety-five percent of the transactions

0:09:59.730,0:10:03.299

are done in our currency so that made

0:10:01.860,0:10:06.809

our currency the most powerful currency

0:10:03.299,0:10:09.059

in the world now now we don’t need Saudi

0:10:06.809,0:10:11.189

Arabia more because our currency is

0:10:09.059,0:10:13.439

already powerful nobody’s going to use

0:10:11.189,0:10:18.540

any other currency to replace us I mean

0:10:13.439,0:10:20.429

at least for now and we produce more oil

0:10:18.540,0:10:22.670

than Saudi Arabia we produce more oil

0:10:20.429,0:10:25.199

than Russia we don’t need them anymore

0:10:22.670,0:10:28.410

these guys are falling apart their

0:10:25.199,0:10:30.689

economy was based upon SOT upon the

0:10:28.410,0:10:34.019

relationship with America now we cut

0:10:30.689,0:10:35.610

them off now we are still allies but we

0:10:34.019,0:10:37.319

haven’t even sent in military aid to go

0:10:35.610,0:10:39.569

out against Iran they were expecting it

0:10:37.319,0:10:41.870

didn’t happen and so Russia is sitting

0:10:39.569,0:10:44.399

there like hmm

0:10:41.870,0:10:46.380

America is pulling out and they’re not

0:10:44.399,0:10:49.740

even really doing anything iran’s

0:10:46.380,0:10:52.170

thinking in bullshit the bushes would

0:10:49.740,0:10:53.520

have sent tanks in by now so here’s my

0:10:52.170,0:10:56.550

point

0:10:53.520,0:10:58.680

if there are some dirty politicians in

0:10:56.550,0:11:01.530

America that did a deal with Saudi

0:10:58.680,0:11:04.170

Arabia in

0:11:01.530,0:11:06.270

wrote things in the law to protect that

0:11:04.170,0:11:09.560

relationship making Saudi Arabia one of

0:11:06.270,0:11:09.560

the richest countries in the world

0:11:09.970,0:11:13.319

funding terrorism

0:11:14.480,0:11:22.010

hi how much more would Iran not make a

0:11:20.360,0:11:26.750

deal with somebody like Saudi Arabia

0:11:22.010,0:11:31.750

Russia somebody to try to draw America

0:11:26.750,0:11:35.839

into a war to make Saudi Arabia Russia

0:11:31.750,0:11:37.970

Kuwait Iran every country in the Middle

0:11:35.839,0:11:43.339

East richer because all they do is make

0:11:37.970,0:11:46.220

money from oil 8% of our GDP is oil 90%

0:11:43.339,0:11:47.329

of their GDP is oil you guys not see the

0:11:46.220,0:11:51.610

big picture here

0:11:47.329,0:11:51.610

oil is king – these guys

0:11:52.030,0:11:55.110

without it

0:11:55.220,0:12:01.800

they’re going to start

0:11:58.639,0:12:06.029

America’s starving the very thing that

0:12:01.800,0:12:07.270

funds all of the terror in the Middle

0:12:06.029,0:12:09.580

East

0:12:07.270,0:12:12.670

everything you take oil away from Russia

0:12:09.580,0:12:14.649

where they have 40% of our GDP I mean

0:12:12.670,0:12:18.430

they’re already already faltering as it

0:12:14.649,0:12:19.510

is you take away Saudi Arabia’s oil 90%

0:12:18.430,0:12:23.529

of their GDP is gone

0:12:19.510,0:12:25.029

if we keep oil prices as low as they are

0:12:23.529,0:12:27.220

they’re not profiting right now but if

0:12:25.029,0:12:34.060

we keeping them as low as they are right

0:12:27.220,0:12:36.790

now Russia Saudi Arabia Iran Kuwait all

0:12:34.060,0:12:41.830

of those countries overseas are gonna

0:12:36.790,0:12:44.170

fall in so my point is is that something

0:12:41.830,0:12:44.410

is gonna happen Russia’s not gonna allow

0:12:44.170,0:12:46.029

it

0:12:44.410,0:12:47.830

Saudi Arabia’s and not going to allow

0:12:46.029,0:12:51.220

this Iran is not gonna allow this

0:12:47.830,0:12:54.550

they’re gonna do something hastily

0:12:51.220,0:12:58.260

because it’s either oh hey let’s let our

0:12:54.550,0:12:59.580

country fall or

0:12:58.260,0:13:03.640

we could do something about it and

0:12:59.580,0:13:07.240

they’ve always manipulated oil prices

0:13:03.640,0:13:12.850

they have always done something to

0:13:07.240,0:13:16.200

viciously increase oil prices so shale

0:13:12.850,0:13:20.060

is is falling apart

0:13:16.200,0:13:25.540

which is gonna cause a higher demand

0:13:20.060,0:13:28.240

less oil higher demand and so

0:13:25.540,0:13:30.579

and in in in saudi-arabia stock a lot of

0:13:28.240,0:13:31.510

their country to go into default and

0:13:30.579,0:13:33.760

lose everything

0:13:31.510,0:13:35.649

so I don’t know what’s gonna happen in

0:13:33.760,0:13:37.959

the short-term but I’m telling you right

0:13:35.649,0:13:40.180

now now is the time to get involved with

0:13:37.959,0:13:43.690

oil oil prices are low Lesa Lesa

0:13:40.180,0:13:46.089

acquisitions are low drilling right now

0:13:43.690,0:13:49.750

is the activity is dropping tremendously

0:13:46.089,0:13:51.699

and so it’s causing people to be more

0:13:49.750,0:13:53.320

willing to work with you and drill at

0:13:51.699,0:13:55.029

cheaper rates so everything is much

0:13:53.320,0:13:57.399

cheaper right now good time to get

0:13:55.029,0:13:59.260

involved in oil and gas and on top of

0:13:57.399,0:14:03.250

that we know oil prices are gonna go up

0:13:59.260,0:14:04.630

and if you don’t believe the demand for

0:14:03.250,0:14:07.180

oil is going to increase and then you’re

0:14:04.630,0:14:10.449

believing the left side if you’re a

0:14:07.180,0:14:12.519

liberal and or you’re a Democrat I’ve no

0:14:10.449,0:14:13.839

offense but a lot of the things that

0:14:12.519,0:14:17.430

you’re hearing in the news and I think

0:14:13.839,0:14:20.649

most Democrats would agree most of it is

0:14:17.430,0:14:24.100

garbage and in it’s it’s not even

0:14:20.649,0:14:26.440

remotely true people are saying the

0:14:24.100,0:14:27.699

economy is falling apart our economy is

0:14:26.440,0:14:30.190

as strong as it’s ever been

0:14:27.699,0:14:32.620

our workforce is strong it’s ever been

0:14:30.190,0:14:34.269

and so CNN could get on there and say

0:14:32.620,0:14:39.959

certain things but it’s not even true

0:14:34.269,0:14:39.959

I’ve been following oil since

0:14:40.920,0:14:48.190

over the last 25 years since 94 and one

0:14:46.330,0:14:51.010

thing I’ve learned about the news is

0:14:48.190,0:14:53.620

that they don’t know what they’re

0:14:51.010,0:14:56.350

talking about you really need to follow

0:14:53.620,0:14:57.790

the experts there there’s there’s some

0:14:56.350,0:14:59.020

really intelligent guys out there that

0:14:57.790,0:15:03.280

really know what they’re talking about

0:14:59.020,0:15:05.350

but at the end of the day oil is the

0:15:03.280,0:15:09.040

most important commodity in the world

0:15:05.350,0:15:11.290

it’s what fuels all of our vehicles it’s

0:15:09.040,0:15:15.670

what gives energy to our homes

0:15:11.290,0:15:17.200

it’s what fuels wars without it we would

0:15:15.670,0:15:22.890

be dead in the water there are so many

0:15:17.200,0:15:26.260

byproducts to oil our airplanes plastics

0:15:22.890,0:15:29.650

there are so many applications to oil

0:15:26.260,0:15:33.040

that you have no idea cars are one part

0:15:29.650,0:15:37.210

of that whole application the byproduct

0:15:33.040,0:15:40.150

of oil you you it’s gonna take 30 40

0:15:37.210,0:15:42.090

years to replace oil and are they going

0:15:40.150,0:15:46.460

to replace it

0:15:42.090,0:15:50.310

I don’t know but oil is a non-renewable

0:15:46.460,0:15:50.880

substance there’s there’s whatever is in

0:15:50.310,0:15:53.510

the ground

0:15:50.880,0:15:57.810

there’s we’re not gonna create any more

0:15:53.510,0:16:00.540

okay so alright guys happy Friday

0:15:57.810,0:16:02.610

and if you ever have any questions feel

0:16:00.540,0:16:04.860

free to call me office number is three

0:16:02.610,0:16:07.140

oh seven six two two one six four five

0:16:04.860,0:16:11.750

once again that’s three zero seven six

0:16:07.140,0:16:11.750

two two one oil thanks

It’s all about Saudi Aramco

Saudi Oil King and China come together for Oil Prices

I’ve followed oil news since I was a child receiving oil revenue at the young age of 6 and making my first investment in oil at age 16. There are so many different opinions regarding oil prices and it’s hard to know who to believe anymore. Everyone needs to understand something. Saudi Arabia will do what ever it takes to prop up the Pre-IPO Aramco as it could be worth twice as much as Apple at a potential of 2 trillion dollars. Can you imagine sitting on a potential IPO worth more than Google? There is only one hurtle and that’s $80 dollar oil. Until oil hit’s $80 Aramco will not go public. If you were low moral Saudi Arabia and you needed oil to be $80 to potentially make your Pre-IPO worth more than Amazon and Microsoft combined what would you do in their shoes? They are playing chess and not getting the results they want. Why? TRUMP! He’s the only one not playing by the rules of OPEC. If you follow the news you have to wonder why China, Russia, and Saudi Arabia seem to be getting along. One word… Aramco! Russia and China have been said to be the biggest investors in the stock. China is the biggest importer of oil and they just signed a 5 year agreement with Aramco to buy 1.67MM BOPD. Talking about securing your future! Keep and eye on Russia, China, and Saudi Arabia. If they can’t raise oil prices to $80 by simply curbing production they will find another way. I’d like to throw out some scenarios but I don’t want to sound like a crazy conspiracy theorist. We will see in the coming months.

Sean Pruitt President of Kingdom Exploration LLC

Could Kurdish Independence Spark An Oil War?

Kudish Oil Well Platform
Oil drilling in Kurdish oil field

Below are links to a couple of interesting pieces on a potential Kurdish state’s likely effect on regional stability and oil prices. Our national interests may call for caution.

Writes political commentator Pat Buchanan:

“For though the Kurds, 30 million in number, are probably the largest ethnic group on earth without a nation-state of their own, creating a Kurdish homeland could ignite a Middle East war the Kurds could lose as badly as did the Confederate States.

“Why? Because, the dissolution of the Ottoman Empire at the Paris Peace Conference of 1919-20 not only left millions of Kurds in Iraq, it left most of them in Turkey, Iran and Syria.

“A free and independent Kurdistan carved out of Iraq could prove a magnet for the 25 million Kurds in Iran, Turkey and Syria, and a sanctuary for Kurd rebels, causing those nations to join together to annihilate the new country.

“Then, there is Kirkuk, seized by the Kurds after the Iraqi army fled from an invading ISIS. The city sits on some of the richest oil deposits in Iraq.

“Yesterday, Massoud Barzani, president of Iraqi Kurdistan, told the BBC that if the Kurds vote for independence and Baghdad refuses to accept it, they will forcibly resist any Iraqi attempt to retake the city.”

http://buchanan.org/blog/tribalism-marches-on-127639

http://oilprice.com/…/Could-Kurdish-Independence-Spark-An-O…

Could sustained high oil prices make a resurgence?

Could $100 oil make a comeback?
Some investors are betting that high oil prices will make a comeback within the next year.

Todd Bennington, Kingdom Exploration Media

Some very optimistic investors are betting that oil prices will rise out of the current $50-per-barrel doldrums, with interest in $100 call options for December 2018 having tripled this past week. [1] [2] But is such an increase at all a possibility, much less realistic, when we’ve seen so much talk about peak demand and oil prices being likely to remain stagnant for as far as is foreseeable? Here’s what a few industry analysts and pundits who expect significantly higher future prices have to say on the matter.

Richard Robinson, manager of Ashburton Investments energy fund:
“We are extremely confident the oil space will be a good place for investors to be over the next three to five years. Historically, a poor period featuring a lack of spending, as we have witnessed over the past five to eight years, has been followed by an equally long period of outperformance.
“The lack of spending always comes home to roost. With inventories soon to balance, the psyche of the market should move and the questions posed by investors will also change. With the dynamics currently in place, we expect to witness significant opportunities as the oil price moves higher.” [2]

Pierre Andurand, hedge fund manager
“In 2014, after four years at being around $110 a barrel, most analysts were saying we’d never see prices go back below $100 … Now everyone is arguing we’re never going back there, but I don’t really buy that the cost of production has gone down structurally or that electric cars will have a big enough impact on demand.” [2]

Energy Aspects, consultancy firm:
“If demand does not slow, the world will need far more oil than the (shale) oil sector can offer at $50. We are not saying that there is too little oil. There is plenty. Our point is there is not enough oil at $50. We don’t deny that demand growth can slow materially from around 2026 … But legacy projects peak this decade, well before demand is likely to, setting up for an imbalance.” [2]

Nick Cunningham, energy analyst:
“But demand continues to rise—the IEA just upgraded its demand growth estimate for 2017 to 1.6 million barrels per day (mb/d). If that level of demand growth continues for a few years, it will more than devour the excess supply on the market. Even a more tempered growth rate would strain supplies toward the end of the decade, absent a corresponding uptick in production. [3]

Neil Atkinson, head of the International Energy Agency’s oil markets and industry division:
“There are still not enough signs of investment beginning to return, and that raises the risk of tightening of the market in the next five years and a risk to the stability of oil prices. There is at least a possibility of going back to the situation we had 10 years ago where oil prices were very, very high at a time when demand was growing.” [3]

Jodie Gunzberg, head of commodity and real asset indics at S&P Dow Jones Indices:
“When we look at the index data, we can see the price could move even as high as $80 to $85 (a barrel).” [4]

Some other factors potentially contributing to higher prices:
• Planned cuts by OPEC and non-OPEC producers of 1.8 million bpd through March of next year.
• Continuing political instability in producer countries such as Venezuela, Libya, and Nigeria.
• The Kurdish independence movement and potential retaliation from Turkey, which could possibly take 500,000 bpd of Kurdish oil off the market, at least temporarily.
• Modest current production spare capacity (though there is a record level of oil in storage), as well as a current lack of industry investment in new sources of supply. [3]
• A 2020 price spike predicted by the IEA.

Kingdom Exploration LLC is ready to help put investors in appropriate position to take advantage of any potential dramatic increase in the value of oil. Contact Sean Pruitt, founder and president, at sean.pruitt@kingdomexploration.com.

[1] http://oilprice.com/…/Traders-Are-Betting-On-100-Oil-In-201…

[2]https://www.nytimes.com/…/busine…/29reuters-oil-options.html

[3] http://oilprice.com/…/E…/IEA-Price-Spike-Coming-in-2020.html

[4] http://oilprice.com/…/Oil-Prices-Steady-But-80-Oil-Is-Comin…

 

Advantages of Canadian oil investment opportunities versus U.S. shale

Kingdom Exploration VS Shale

Kingdom Exploration LLC offers northern alternative for forward-thinking investors

By Todd Bennington, Kingdom Exploration Media

Despite the fanfare with which advances in hydraulic fracturing technology were met with over the past several years, the fact is that today the profitability of the major U.S. shale plays is in sharp decline. Costs associated with drilling new wells and fracking in tight shale formations remain enormous despite improvements in efficiency. Simply put, U.S. shale projects tend to lack economic feasibility at today’s market prices, which are not expected to rebound substantially for the foreseeable future. Couple this with the steep decline curve in the amount of oil and gas produced by existing unconventional wells and the investment outlook for U.S. shale, perhaps a victim of its own success, doesn’t appear promising.

“Vast volumes of oil were squandered at low prices for the sake of cash flow to support unmanageable debt loads and to satisfy investors about production growth,” writes Forbes analyst Art Berman of the once-heralded Bakken play. “The clear message is that investors do not understand the uncertainties of tight oil and shale gas plays.” [1]

As for conventional plays in the United States, attractive investment opportunities have become hard to come by due to the effects of competition and regulation.

As an alternative, proactive investors may wish to consider available opportunities in Canada, where potential revenues relative to costs have a significantly better outlook. Kingdom Exploration is presently offering just such an opportunity to invest in its project in the Lagarde play in British Columbia. The project proposes ten or more wells utilizing horizontal drilling techniques and initially producing a potential 250 to 1,500 barrels of oil equivalent per day. Potential reserves are estimated at 10 million or more BOE.

With drilling costs at about $2 million per horizontal well, Kingdom Exploration’s Lagarde project compares very favorably with the U.S. shale plays, and the Lagarde area’s high porosity means expensive fracking costs are kept to a minimum. Consider, by comparison, the approximate costs of new wells in the following U.S. shale plays:

  • Eagle Ford (Southern Texas) $6.5-$7 million [2]        `
  • Marcellus (Appalachian Basin) $5.3 million [2]
  • Niobrara (South Dakota, Colorado, Nebraska, Wyoming) $4.5-$5 million [2]
  • Anadarko-Woodford (West-Central Oklahoma) $8.5 million [2]
  • Granite Wash (Texas, Oklahoma) $7.5-$8 million [2]
  • Permian (Texas, New Mexico) $2.2-$3.2 million [3]
  • Haynesville (Louisiana, Arkansas, Texas) $9.95 million [4]

Further, costs for new wells in the Bakken play were $5.9 million in 2015, down from $7.1 million in 2014, [5] and have run as high as $10 million in years previous [6].*

In terms of productivity, Kingdom Exploration’s initial Lagarde wellhead in partnership with Cardinal Energy Ltd – Mitsue 10-17 – produced a total of 5,679.18 BOE between February 9 and March 31 of this year for a daily production average of 113.58 BOE. Those figures are expected to rise considerably once certain minor technical difficulties are overcome to the 250 to 1,500 BOE figure cited above.

As a basis for comparison, the U.S. Energy Information Administration provides the following initial production figures for some of the major U.S. shale plays for the months of February and March 2017:

New-well oil production per rig (barrels per day)

  • Permian (Western Texas) 660 BPD (February) and 668 BPD (March) [7]
  • Eagle Ford (Southern Texas) 1,428 and 1,438 [7]
  • Marcellus (Appalachian Basin) 69 and 70 [7]
  • Niobrara (South Dakota, Colorado, Nebraska, Wyoming) 1,285 and 1,305 [7]
  • Haynesville (Louisiana, Arkansas, Texas) 31 and 32 [7]
  • Bakken (Montana, North Dakota) 987 and 990 [7]
  • Utica (New York, Pennsylvania, Ohio, West Virginia) 110 and 102 [7]
  • Weighted average for the above: 699 and 713 [7]
  • Anadarko 370 and 372 [8]**

New-well gas production per rig (thousand cubic feet per day)

  • Permian 1,097 (February) and 1,107 (March) [7]
  • Eagle Ford 4,436 and 4,518 [7]
  • Marcellus 12,865 and 13,028 [7]
  • Niobrara 4,156 and 4,266 [7]
  • Haynesville 7,011 and 7,112 [7]
  • Bakken 1,424 and 1,455 [7]
  • Utica 10,371 and 10,472 [7]
  • Weighted average for the above: 3,500 and 3,509 [7]
  • Anadarko 2,507 and 2,512 [8]**

It’s important to note, however, that the above initial shale play production rates do not last. Unconventional wells produce very high initial rates before quickly declining to substantially more modest production levels, meaning revenues from these wells are highly front-loaded.

“High initial production rate and steep initial decline is characteristic of shale wells (and is a lot different than the slower decline in many conventional gas wells), meaning that most of a project’s revenues – sometimes as high as 80 percent of total lifetime well revenues – can accrue over the first five to seven years of the well’s producing life,” writes Seth Blumsack, Program Chair for Energy Business and Finance at Penn State’s Department of Energy and Mineral Engineering. [9]

Indeed, a recent Uppsala University thesis on the topic described the average Eagle Ford well as reaching peak production within a few months before declining 75 percent from its peak over the first year of operation, followed by an 87 percent decline from peak production in the second year. [10] The Eagle Ford formation accounts for about one-fourth of cumulative tight oil production, according to the U.S. Energy Information Administration. [11]

The bottom line: Kingdom Exploration’s Lagarde project proposes the operation of 10-plus wells, each producing a potential 250 to 1,500 BOE per day, with per-well development and drilling costs running to approximately $2 million. This combines production figures that are comparable to the major U.S. shale plays but with substantially more room for profit potential as they come at a fraction of the drilling and development costs and can be expected to be more consistently productive over time.

*These figures represent estimates at a fixed point in time. Well costs vary between companies and across time due to a variety of factors.

** Because EIA does not provide Anadarko’s figures for February and March, these are August and September 2017’s production figures.

Sources (links current as of October 2017):

[1] https://www.forbes.com/sites/arthurberman/2017/03/01/the-beginning-of-the-end-for-the-bakken-shale-play/#7c7652251487

[2] https://www.usasymposium.com/bakken/docs/Clover%20Global%20Solutions,LP%20-%20The%20Seven%20Major%20US%20Shale%20Plays.pdf

[3] http://oilprice.com/Energy/Crude-Oil/Permian-Drilling-Costs-Surge-Are-The-Days-Of-Cheap-Oilfield-Services-Over13256.html

[4] http://fuelfix.com/blog/2016/03/24/heres-what-it-costs-to-drill-a-shale-well-these-days/

[5] https://link.springer.com/article/10.1007/s11053-014-9229-9

[6] https://www.fool.com/investing/general/2013/05/15/10-incredible-numbers-from-the-bakken.aspx

[7] https://www.eia.gov/petroleum/drilling/archive/2017/02/

[8] https://www.eia.gov/petroleum/drilling/archive/2017/08/

[9] https://www.e-education.psu.edu/eme801/node/521

[10] https://uu.diva-portal.org/smash/get/diva2:762320/FULLTEXT01.pdf

[11] https://www.eia.gov/outlooks/archive/aeo13/

Art Berman: ‘Shale gas magical thinking’

Todd Bennington, Kingdom Exploration Media

Arthur Berman is a geological consultant with almost 40 years of experience in the petroleum sector. Berman takes what he says is a realistic, as opposed to pessimistic, view of the future of tight oil plays, saying that the popular narrative in which they represent the answer to all the world’s energy problems constitutes a kind of magical thinking rooted in a desire for wish fulfilment rather than rational observation.

“The narrative is that we’re just tearing it up, particularly here in the United States with all these shale plays and yet the preponderance of evidence says we’re not finding new reserves, return on capital employed is at historic lows, and overall the performance of the companies that are engaged in these activities is just not too hot,” Berman recently told an interviewer.

According to Berman’s reading of International Energy Agency data, a further glut of oil supplies will be seen in 2018 and oil isn’t likely to remain much over $50 a barrel for the next several years. However, eventually current supplies and reserves will become exhausted, says Berman, causing oil to spike dramatically in price and remain high, with no immediate solution to the crisis to be found in technological innovation.

Some of the interesting points Berman makes in the course of stating his argument include the following:

  • Oil companies tend to continue operations even when it is not profitable to do so in order to maintain cash flow, service debt, and keep shareholders happy.

 

  • Capital markets, central bank policies, and credit markets are all oriented toward maintaining more energy production.

 

  • Oil reserve discoveries have been declining since the 1960’s or 1970’s and 2016 discoveries represent the lowest level of reserve replacement since 1947. This is partly due to a lack of investment in exploration.

 

  • Shale plays do not represent exploration. Instead, they are field development and represent a finite source. According to the U.S. Energy Information Administration, tight oil reserves represents 18 billion barrels of oil. Yet the U.S. alone uses 5 billion barrels a year and therefore tight oil plays are unlikely to provide the United States with energy for decades.

 

  • Shale plays are popular in part because they cost less than new exploration which demands considerable capital investment before extraction can begin.

 

  • Unconventional oil plays, such as tight oil or deep sea, make up 60 percent or more of U.S. oil production and there’s no going back to more conventional development in the U.S. on a widespread basis.

 

  • Faith that future technological advancements will resolve the energy crisis in the short term is unrealistic, according to Berman.

 

  • Lastly, of the three major U.S. shale plays, Berman says he believes the Bakken and Eagle Ford are essentially done in terms of growth, though they will continue to produce for some time. The Permian therefore holds the burden for growth but has the problem of high water production. This is important because disposing of water is expensive and indicates a loss of reservoir energy in the form of dissolved gases that facilitate extraction. Berman predicts that by 2020 it will be obvious that the Permian can’t make up for the declines in the Bakken and Eagle Ford, and prices will begin to spike as a result. This will be bad for the global economy but represents an opportunity for investors.

More information can be found at artberman.com.

Those looking for alternatives to investment in the U.S. shale plays may wish to learn more about Kingdom Exploration’s project currently being developed in British Columbia, Canada. Visit http://www.kingdomexploration.com/canada/ and contact Kingdom Exploration President Sean Pruitt at sean.pruitt@kingdomexploration.com.

Sources:

https://www.bing.com/videos/search?q=art+berman&&view=detail&mid=F94A508742827C1CEE7EF94A508742827C1CEE7E&FORM=VRDGAR

https://www.bing.com/videos/search?q=art+berman&&view=detail&mid=62333BA5B039EA8C286862333BA5B039EA8C2868&FORM=VRDGAR

https://www.bing.com/videos/search?q=art+berman&&view=detail&mid=28E8F5B1724FD9BEA5FC28E8F5B1724FD9BEA5FC&FORM=VRDGAR