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Boost oil & gas sales + brand recognition with professional video
Marketing video for Permian Basin well automation customer. With oil & gas sector heating up, get ahead of your competition with an inexpensive video Did you know a recent study by Google found video increases sales by over double compared to a simple flash ad? Video today has better quality, is less expensive, and there are countless platforms […]
US natgas output to drop in 2016 for first time since 2005
US natgas output falls as energy prices reduce drilling activity Nov 8 (Reuters) – The U.S. Energy Information Administration on Tuesday projected year-over-year dry natural gas production in 2016 would fall for the first time since 2005 as low energy prices reduced drilling activity. EIA reduced its output projection to its monthly Short Term Energy Outlook […]
Istanbul OPEC, non-OPEC meeting on Oct. 12 – report
OPEC looking to limit oil output, balance market MOSCOW, Oct 7 (Reuters) – Azerbaijan’s Energy Ministry said on Friday a meeting between members and non-members of oil cartel OPEC would take place in Istanbul on Oct. 12, Russia’s RIA news agency reported. The meeting will discuss efforts to limit oil output and be attended by […]
Oil from BP North Sea spill to disperse naturally: Company
BP North Sea spill west of Shetland Islands LONDON, Oct 3 (Reuters) – A technical problem at BP’s Clair platform in the North Sea resulted in a spill of 95 tonnes of oil that was allowed to disperse naturally into the sea, the British oil major said on Monday. Production at the platform, located 75 km […]
BP’s Robert Dudley sees oil price at $50 per barrel for rest of 2016
Robert Dudley says same level or a little above for 2017 VLADIVOSTOK, Russia, Sept 2 (Reuters) – BP Chief Executive Robert Dudley said on Friday he expected global oil prices to remain at around $50 per barrel till the end of this year and at the same level or even “little above” in 2017, he told reporters […]
US rig count up for eighth week in row -Baker Hughes
Rig count down in Canada by five Aug 19 (Reuters) – U.S. drillers this week added oil rigs for an eighth consecutive week, the longest recovery streak in the rig count in over two years, as crude prices rebounded toward the key $50-a-barrel mark that makes the return to the well pad viable. Drillers added […]
Oil prices up, Brent over $50/bbl at 6-week high on OPEC freeze talk
Oil prices, despite up over 20 per cent in August By Devika Krishna Kumar NEW YORK, Aug 18 (Reuters) – Oil prices rose on Thursday for a sixth straight day, with Brent crude rising above $50 for the first time in six weeks as the world’s biggest producers prepared to discuss a possible freeze in production […]
Norwegian oil firms plan cut carbon emissions in decade to 2030
Norwegian oil and gas companies to cut GHGs by 2.5 million tonnes by 2030 OSLO, Aug 17 (Reuters) – Norwegian oil and gas companies plan to cut greenhouse gas emissions by 2.5 million tonnes in the decade to 2030 as part of efforts to rein in global warming, the Norwegian Oil and Gas Association said on […]
Industry accuses BLM of retroactively canceling Western natural gas leases
“BLM is sowing further doubt in the federal onshore program and accelerating the drive off federal lands…” – Sgamma Colorado producers are up in arms after the Bureau of Land Management canceled 25 natural gas leases in the White River National Forest in late July. The U.S Geological Survey says the Piceance Basin is among the largest natural […]
July 2016 rig count up 32 from June – Baker Hughes
Worldwide rig count for July was 1,481, up 74 from the 1,407 counted in June Aug 5 (Reuters) – U.S. drillers this week added oil rigs for a sixth consecutive week, according to a closely followed report on Friday, despite crude prices falling to April lows below $40 a barrel this week. Some producers are […]
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