Posts by Omar Rios
Welligence | Weekly Quick Takes
This report provides our clients with access to the key postings on our LinkedIn page. It is regularly updated, with the most recent posts sitting…
Read MoreUS approves Trinidad-Venezuela Dragon talks
However, Rios also cautions that “even in the most optimistic scenario, gas from Dragon would take years to come onstream and any feedgas into Trinidad…
Read MoreWelligence Colombia | The end of new bid rounds — what now?
At an Energy Transition panel session during last week’s World Economic Forum, Colombia’s Energy & Mines Minister Irene Velez declared the government would not grant…
Read MoreWelligence Global Offshore Drilling Outlook
“Welligence expects global offshore exploration drilling activity in 2023 to remain relatively steady year-on-year, with the majors driving much of the activity in their core…
Read MoreBillions in Oil Riches Vanish in Latin America as Pemex Stumbles
“Absent any new discoveries from the medium to long-term, we see a general decline in production over the next 10 to 15 years,” said Omar…
Read MoreWelligence Rumblings on the Ground — Colombia — Colombia’s E&P Sector Hangs in the Balance as Petro Pushes Agenda
Welligence recently visited Bogota, Colombia to meet with key stakeholders in the O&G sector to gauge the overall upstream climate and the overall outlook for…
Read MoreTrinidad’s tax reforms receive mixed reviews
“Although the proposed reforms will be helpful to Trinidad and Tobago’s upstream sector, the reality is that the reforms do not go far enough,” says…
Read MoreWelligence US GoM Licensing | BOEM reinstates Lease 257 results
Has ExxonMobil made a big move for carbon storage sites in US GoM Lease Sale 257? The Major is set to pick up almost 100…
Read MorePemex’s Glaring Gas Flaring Problem
“Most of[Pemex’s] portfolio comprises mature oil-producing fields; as the most indebted E&P in the world, it is much less costly to flare or vent excess…
Read MorePemex reverses production decline
“The new fields account for the growing portion of Pemex’s production base — we anticipate output peaking at approximately 500,000 bbl/d next year and representing…
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