Offshore GOM Operators Returning to Normal
Offshore oil and gas operators in the Gulf of Mexico are resuming normal operations following tropical storm Barry. Offshore oil and gas operators in the Gulf of Mexico (GOM) are Continue Reading
U.S. Shale Is Doomed No Matter What They Do
With financial stress setting in for U.S. shale companies, some are trying to drill their way out of the problem, while others are hoping to boost profitability by cutting costs Continue Reading
Offshore GOM Operators Returning to Normal
Offshore oil and gas operators in the Gulf of Mexico are resuming normal operations following tropical storm Barry. Offshore oil and gas operators in the Gulf of Mexico (GOM) are Continue Reading
U.S. oil drillers cut rigs for third week in a row: Baker Hughes
U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row as drillers follow through on plans to cut spending with oil Continue Reading
U.S. Oil Rig Count Falls Amid Production Dip
The US oil and gas rig count fell by 4 this week, according to Baker Hughes, after a string of losses that have stripped away 36 rigs since the beginning Continue Reading
Trump Administration Announces Huge Gulf of Mexico Oil & Gas Lease Sale
The U.S. Secretary of the Interior David Bernhardt and Bureau of Ocean Energy Management (BOEM) announced Thursday that BOEM proposes to offer 77.8 million acres for a region-wide lease sale. Continue Reading
Oil service firms eye new survival tactics amid weak U.S. market
Packers Plus Energy Services, a company built on the North American shale oil boom, is turning to the Middle East to weather a new round of spending cuts by producers Continue Reading
U.S. crude oil stockpiles drop amid Barry, fuel posts large builds – EIA
U.S. crude oil stockpiles fell more than expected last week, while gasoline and distillate inventories rose sharply, the Energy Information Administration said on Wednesday, due to the impact of the Continue Reading
US – update through March 2019
These interactive presentations contain the latest oil & gas production data from 111,702 horizontal wells in 12 US states, through March 2019. Cumulative oil and gas production from these wells Continue Reading
Weekly Petroleum Status Report
Summary of Weekly Petroleum Data for the week ending July 12, 2019 U.S. crude oil refinery inputs averaged 17.3 million barrels per day during the week ending July 12, 2019, Continue Reading