Schlumberger (SLB.N) , the world’s largest oilfield services company, is adjusting operations planning as COVID-19 infections have soared among its U.S. workforce, the company said on Friday. Schlumberger has had Continue Reading
Frigid weather in North Dakota and Canada has disrupted crude flows from Alberta’s oil sands and the Bakken shale play in the United States. The deep freeze forced TC Energy Continue Reading
Dealing with the US shale industry’s produced water is increasingly controversial for operators, a new Rystad Energy report reveals. Even though total produced volumes are projected to hit new record Continue Reading
U.S. energy firms kicked off the new year by continuing to add oil and natural gas rigs this week after increasing the rig count in 2021 after two years of Continue Reading
The number of active drilling rigs in the United States rose by 2 this week. Oil-directed rigs were up by 1 to 481, while gas-directed rigs were up by 1 Continue Reading
Oil producers in some of the most prolific parts of the Permian could lose up to half of their wastewater disposal wells as the Texas Railroad Commission targets the quake-inducing Continue Reading
2021 saw a big number of high-profile oil deals in the prolific Permian basin Independent oil companies are leading the charge The Delaware Basin is especially attracting attention from E&Ps Continue Reading
Citi’s Morse Sees Oil Market in Surplus at End of 2022 Major shale-oil drillers are dreading the prospect of $100-a-barrel crude on fears it will tempt less-disciplined rivals to expand Continue Reading
U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending December 31, 2021 which was 163,000 barrels per day more than the previous week’s average. Continue Reading
Strongest earthquake in 10-years stirs up debate in Texas The Texas Railroad Commission banned injection of wastewater from well drilling into deep wells just before the big quake Shutting down Continue Reading
