RSS

Drilling & Exploration

Data from the Energent team in Houston indicates that consumption of sand for hydraulic fracturing in the onshore US market hit new highs of over 30 billion lbs (13.6 billion kg) in Q2 last year. more

Jan 23, 2018 11:26 AM Upstream

Seventeen employees were rescued but five are still unaccounted for at the well. more

Jan 23, 2018 9:52 AM Emergency Response & Fire Rescue/Security

In the year following his inauguration, President Donald Trump has followed through on his promises made during 2016 and 2017, such as reduction of regulations and tax reform. more

Jan 23, 2018 9:38 AM Refining/Petrochemical

LLOG Exploration Company announced that development drilling operations have begun at the Buckskin project in the deepwater Gulf of Mexico. more

Jan 22, 2018 10:31 AM Drilling & Exploration

ExxonMobil has been named 2017 Explorer of the Year by the World Oil and Gas Council. more

Jan 22, 2018 10:22 AM Drilling & Exploration

“Global oil demand is likely to continue growing for a period, driven by rising prosperity in fast-growing developing economies,” they wrote in a paper published on Monday. more

Jan 20, 2018 7:00 AM Refining/Petrochemical

An auction of deepwater oil and gas fields in Mexico this month may prove the last major opportunity for President Enrique Pena Nieto’s government to capitalize on its opening of the energy sector, the central plank of its economic agenda. more

Jan 19, 2018 12:00 AM Drilling & Exploration

OPEC has raised its forecast for oil supply from non-member countries in 2018 as higher prices encourage U.S. shale drillers to pump more, offsetting an OPEC-led deal to clear a supply glut and a deepening plunge in Venezuelan production. more

Jan 18, 2018 9:01 AM Refining/Petrochemical

Hess Corp

Copyright: 123RF Stock Photo

Hess Corp. is cutting roughly 13 percent of its workforce and streamlining operations as it battles an activist hedge fund shareholder pushing for the U.S. oil and gas producer to post its first quarterly profit since 2014. more

Jan 17, 2018 7:00 AM Drilling & Exploration

BP said on Tuesday it would take a new charge over the 2010 Deepwater Horizon spill after again raising estimates for outstanding claims, lifting total costs to around $65 billion. more

Jan 16, 2018 3:54 PM Drilling & Exploration

Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago. more

Jan 16, 2018 9:31 AM Drilling & Exploration

The Kleinman Center for Energy Policy takes a closer look, demonstrating that Pennsylvania's residential consumers enjoy gas bills that are 40-percent lower; Highlands Natural Resources has commenced back operations; Increasing in drilling activity.. more

Jan 12, 2018 2:52 PM Natural Gas

Burrow Global Midstream (BGM) LLC has expanded its capability to perform survey and mapping services. BGM can now perform preliminary corridor, topographic, boundary and as-built surveys, as well as construction staking. more

Jan 12, 2018 2:30 PM New Products & Services

Twenty-two Democratic U.S. senators from 12 states on Thursday joined the chorus of local representatives seeking exemptions from Interior Secretary Ryan Zinke’s newly proposed offshore drilling plan... more

Jan 12, 2018 10:03 AM Offshore & Marine

The Trump administration’s proposal to open up almost all of U.S. offshore waters to oil and gas drilling could unlock up to 65 billion barrels of oil equivalent (boe), attracting billions of dollars in investment. more

Jan 12, 2018 7:00 AM Offshore & Marine

Murray Industries is disappointed that the FERC has failed to enact the immediate reforms necessary to ensure the reliability, resiliency, and fuel security of our Nation's electric power grids. more

Jan 10, 2018 12:33 PM Refining/Petrochemical

President Donald Trump’s administration will not allow drilling for oil and gas off the coast of Florida after urging from the state’s governor, Interior Secretary Ryan Zinke said... more

Jan 10, 2018 9:04 AM Drilling & Exploration

The cost of managing water has become an increasing and even dominant share of hydraulic fracking operations. In Canada's Montney region formation, for example, drilling and completing a well can require up to 500,000 barrels... more

Jan 8, 2018 1:04 PM Drilling & Exploration

EVX Midstream Partners, LLC today announced that it has signed a definitive agreement to construct, own and operate a new crude oil gathering system in McMullen County, TX with one of the nation’s largest independent oil and gas producers. more

Jan 8, 2018 10:37 AM Midstream

President Trump’s administration has proposed opening up nearly all of America’s offshore waters to oil and gas drilling, but the industry says it is mainly interested in one part of it, now cordoned off by the Pentagon: the eastern Gulf of Mexico. more

Jan 8, 2018 9:07 AM Offshore & Marine

Industry Report Subscription