RSS

Production

U.S. crude oil production in the U.S. Federal Gulf of Mexico (GOM) averaged 1.8 million barrels per day (b/d) in 2018, setting a new annual record. Read more

Offshore & Marine

U.S. oil, gas and NGLs continue to grow at a rapid pace, with almost all of that growth stemming from the Permian Basin and Eagle Ford play. Read more

Drilling & Exploration

Unplanned outages in major non-OPEC oil producers such as the United States, Russia, and Canada have abated. Read more

Drilling & Exploration

U.S. natural gas production continued to increase in August, setting a new daily production record of 92.8 billion cubic feet per day (Bcf/d) on August 19, 2019. Read more

Natural Gas/LNG

Oil wells are sometimes drilled but remain uncompleted for other operational or economic reasons. Read more

Drilling & Exploration

In 2018, total U.S. crude oil production grew by 17%, led by increased production of relatively light, less dense crude oil. Read more

Commodities

There is considerable potential to raise the crude oil production in the Bakken shale play from the current level of approximately 1.44 million barrels of oil per day (mmbd) to at least 2 mmbd. Read more

Commodities

U.S. petroleum and natural gas production increased by 16% and by 12%, respectively, in 2018, and these totals combined established a new production record. Read more

Natural Gas/LNG

Estimated operating margins for corn-based fuel ethanol plants in the Midwest decreased to multiyear lows in 2019. Read more

Refining & Petrochemical Processing

Natural gas is one of the main sources of energy in the United States. In 2018, more than 90% of the natural gas consumed in the United States was produced domestically. Read more

Natural Gas/LNG

U.S. crude oil production and lease condensate reached another milestone in April 2019, totaling 12.2 million barrels per day. Read more

Refining & Petrochemical Processing

As of the end of May 2019, Colorado had about 40,000 active oil and natural gas wells. Read more

Drilling & Exploration

Israel has gone through an energy production revolution owing to discoveries of natural gas resources such as the Tamar and Leviathan fields over the past decade. Read more

Natural Gas/LNG

US oil production keeps accelerating towards new highs. New records are expected both when the final numbers for May emerge and at the end of the year. Read more

Refining & Petrochemical Processing

Shale oil -- oil that is locked underground in shale and other rocks -- is commonly extracted through fracking, a process by which fluids are injected under high pressure into the rock to create fractures and facilitate the recovery of oil and gas. Read more

, Current Issue

The United States produced a record amount of energy from various sources in 2018. Read more

Drilling & Exploration

The number of drilled but uncompleted wells in seven key oil and natural gas production regions in the United States has increased over the last two years, reaching a high of 8,504 wells in February 2019. Read more

Drilling & Exploration

180726-ExxonMobil_Baytown_final.jpg

Robert Seale © 2013 Robert Seale

Project to increase production of ultra-low sulfur diesel by almost 45 percent. Read more

Refining & Petrochemical Processing

Annual U.S. crude oil production reached a record level of 10.96 million barrels per day (b/d) in 2018, 1.6 million b/d (17%) higher than 2017 levels. Read more

Drilling & Exploration

EIA’s Annual Energy Outlook 2019 Reference case projects that U.S. tight oil production, which became the more common form of oil production in 2015, will continue to increase through 2030. Read more

Drilling & Exploration

Subscribe to our mailing list

* indicates required
BIC Magazine Enewsletters
Recruiting