The Situation Room: There's Much to Do After Meetings in Paris

The Situation Room: There’s Much to Do After Meetings in Paris

by | published November 25th, 2019

Welcome back from the weekend, Oil & Energy Investors. As you read this, I am on my flight back to Ft. Lauderdale.

Now, unsurprisingly, all of this week’s focus points arise as a result of my weeklong series of meetings here in Paris.

I’ve been given quite a bit to ponder following this trip. Below is a snippet of what I will be keeping an eye on this coming week.

Let’s get started…

1. Permian Basin Operations

Longtime readers are aware that the Permian Basin in West Texas is one of the most prolific oil fields in the world, and the most prolific in the U.S. In its years of operation, the Permian has produced a cumulative 28.9 billion barrels of oil, and 75 trillion cubic feet of natural gas.

Over the last few months, though, the Permian has been experiencing some troubles with its operations.

Following my meetings in Paris, I will be looking into intel circulating in my contact network about a pending European company acquisition that may impact control of some Permian Basin operations.

2. The IEA Reports

As the end of 2019 looms ever closer, experts and agencies are working on forecasting what’s going to happen with energy in 2020.

This week, I will be examining a draft of an International Energy Agency (IEA) report on global extractable crude oil scheduled for release next month.

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