BP's 60% stake represents approximately 917 million barrels of oil equivalent (BOE), and a net production of 143, 000 BOE per day.
And to me it seems quite unlikely that world net production (production minus the oil product use needed to yield that production) will grow by that much.
FORBES: Why Oil Prices Rose in the Spring of 2008 and Will Rise Again
In its press release today Marathon said that it expects net production from the acquisition to be 12, 000 bpd by the end of the year, that it expects to book 100 million boe of proved reserves, and that ultimate recovery could be more than 500 million boe.
FORBES: Texas Billionaire Sees Big Payday Dealing Eagle Ford Acres To Marathon Oil
Net oil equivalent production declined 21, 000 barrels of oil per day to 1.96 billion barrels.
To start with, Amazon needs to begin using the Net to enhance production and distribution.
New York City can get by on slightly more electric energy than it is using now, about 57 TWh gross and 46 TWh net of PV production on buildings.
FORBES: New York City's 90x50 Vision: Green Sleight of Hand?
In the U.S., Chevron saw net oil equivalent production slide 11, 000 barrels per day to 663 million barrels as a consequence of increased maintenance activity in the Gulf of Mexico.
Net increase in domestic production: we have modeled an increase of 1.8 mm bpd.
Upstream business was relatively solid, with U.S. net oil-equivalent production during the first two months of the quarter coming in close to its Q3 numbers: the company produced 660 million barrels of oil equivalent (mboed) through November.
FORBES: After A Stellar Q3, Chevron Warns Of Weak Q4 On Falling Margins
Serious analysts, in particular the impressive team at Citi (which Media Matters cites) point to huge numbers like 3.6 million net new jobs from expanded hydrocarbon production.
FORBES: Media Matters Says Conservatives Rubber Stamp the Romney Energy Plan
Exxon Mobil, the largest corporation in the United States, reported quarterly results on Thursday that were underwhelming despite a 38% surge in net income and impressive growth in production.
After posting increases across the board in net earnings, to revenues to production and reserves, Silver Wheaton finds itself in an enviable position with a mining industry that is looking for money.
FORBES: INTERVIEW: 'Next Three Years Are Going To Be Exciting' -- Silver Wheaton CEO
The overall net balance of turnover for firms in the production sector was marginally up on the last survey period.
Lynch calculates that global production capacity will expand by a net 2 million bpd this year and 3 million bpd in 2007.
It currently provides a 9% tax deduction from net income for businesses engaged in "qualified production activities" in the U.S. Those activities include manufacturing a product, selling, leasing or licensing it, and engineering and software activities related to that production.
WSJ: Merrill Matthews: About Those Tax Breaks for Big Oil . . .
TNK-BP is important to BP financially as it accounts for almost a third of the London-based oil firm's total crude production and about 10% of its net income.
In part, the bank's goal is to develop relationships with high-net-worth clients, says Stuart Bernstein, national production manager of residential lending at Union Bank.
There was also little damage from the supply side as a dip in scrap and the swing to net de-hedging outweighed a modest rise in mine production.
FORBES: Silver Institute: Silver Investment Rises In 2012 But Fabrication Dips
The study ran numerous scenarios, looking at costs of production and world prices, and found that there were net benefits to the US economy under all export scenarios, even where exports were modeled as unlimited.
Such has been China's success in boosting home production that in November it (albeit briefly) became a net exporter of steel.
Production sector firms were slightly more optimistic, with an overall net balance of -2% for turnover in the next six months compared with a -10% balance for services firms.
BBC: Scottish economy 'still sluggish' says Lloyds TSB report
French luxury-goods company Hermes International bucked the trend, adding 2.3% after posting a 41% rise in net profit for 2011 and saying it will continue to invest in its production and distribution network over 2012.
In its most recent quarter, the company reported that its net income rose more than 3 percent, helped by gains in hog production, its international business and its packaged meats such as deli meats, bacon, sausage, and hot dogs a large growth area for the company.
Virtually every net producer on the face of the earth has merchantilist policies that protect domestic production.
FORBES: The 'Health Care Fiscal Cliff' Could Take The Economy Down
Respondent asserted that the net result of these policies would have eliminated approximately 90% of his revenue production.
Several Japanese auto makers in the U.S., which abandoned Japanese production because of the high yen, say they will soon become net exporters from the U.S., hiring Americans to build cars for export even as "domestics" like GM move toward Chinese imports.
If he invests more capital in the business to expand production, or hires more workers to increase output, that may result in higher net taxable income.
FORBES: Reaganomics Vs. Obamanomics: Fallacies Offered By The Left
Israel, which had no natural energy production of its own 15 years ago, is on the verge of becoming a net energy exporter on the way to emerging as the next great Middle East energy superpower, eclipsing the desert oil empires by mid-century.
Firms in the production sector said they fared slightly better than those in the service sector, reporting a net balance in turnover of -2% compared with -5% for services firms.
BBC: Scottish economy 'still sluggish' says Lloyds TSB report
The majority of Oprah's net worth stems from 25 years of her profitable daytime TV show, plus earnings from her Harpo production company, which has a hand in the Dr. Phil, Rachael Ray and Dr. Oz shows.
应用推荐