BP And Shell Take A Stand Against Gas Flaring In Texas
BP and Shell have urged Texas energy regulators to put a stop to routine gas flaring across the state’s oil fields, Bloomberg reported , citing a joint letter by the Continue Reading
U.S. Rig Count Falls As Oil Market Uncertainty Continues
Baker Hughes reported on Friday that the number of oil rigs in the United States fell by 1 to 180. The total number of active oil and gas rigs decreased Continue Reading
Frac Sand Metric Declines
Shale firms are pumping an average of roughly 2.9 million pounds a day of frac sand this quarter, according to Coras Research LLC. (Bloomberg) — Frackers are blasting less sand Continue Reading
Spiking coronavirus cases and falling oil prices deliver dual blow to North Dakota
A recent surge in coronavirus cases is rekindling economic anxieties in North Dakota, where wildly fluctuating oil prices and recent drops in production threaten to leave the state’s finances in fresh Continue Reading
Magellan to accept crude from more Permian pipelines at benchmark MEH terminal
Magellan Midstream Partners said Sept. 10 it will start accepting crude from certain third-party Permian Basin pipelines at its Magellan East Houston terminal that also serves as a US Gulf Continue Reading
Embattled Dakota Access Pipeline To Start Operating Next Year
An expanded Dakota Access pipeline could go into operation by the third quarter of next year, Energy Transfer said in an investor presentation. The embattled project, which aims to transport Continue Reading
Enterprise Products Partners cancels Permian to USGC crude pipeline
Highlights EPD cancels M2E4 pipeline, shifts volumes to other pipes Permian pipeline projects could further be trimmed back New York — Enterprise Products Partners on Sept. 9 said it would Continue Reading
U.S. shale producers race for federal permits ahead of presidential election
Oil producers in the top U.S. shale fields are stockpiling drilling permits on federal land ahead of the November U.S. presidential election, concerned that a win by Democratic candidate Joe Continue Reading
Oil Industry Talent Has Fled Or Been Fired, So What Comes Next?
Talk of a talent shortage when the oil industry is laying off workers en masse may sound counterintuitive. However, a few years from now, the industry will recover, if its Continue Reading
U.S, Shale Recovery Leans On Huge Inventory Of DUCs
The recovery of fracking operations in the US is happening largely thanks to an unusually high inventory of drilled but uncompleted wells (DUCs), which is strong enough to sustain the Continue Reading