Category Archives: News

Lease Natural Gas Systems In Oil & Gas Production

Many wells produce some amount of natural gas along with crude oil. Others may produce mostly or only natural gas. Whenever there is enough gas coming from the well to be worth collecting and selling it, additional equipment and vessels need to be added to the tank battery and wellhead. All of the equipment intended … Continue reading Lease Natural (Read more...)

Source: The Greasebook Blog Feed

High Arctic Announces Executive Resignation and Appointment of New Director

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.  ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, July 20, 2017 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX:HWO) (“High Arctic” or the “Company”) announces that Mr. Thomas Alford has tendered [Read More…]

Source: BOE Report

Global Diesel Gensets Market By Type, By End User, By Region, Competition Forecast & Opportunities, 2012-2022

NEW YORK, July 20, 2017 /PRNewswire/ — Global diesel gensets is projected to grow at a CAGR of over 7%, on back of factors such as rising demand for electricity from various end user segments as a primary as well as the need for a standby power source. Moreover, widespread development of industries is projected [Read More…]

Source: BOE Report

Total, BP Unit, YPF Announce $1.15-billion Investment in Argentina’s Vaca Muerta (Thursday, 20 July 2017)

Argentina's state-run oil firm YPF SA, France's Total SA, Wintershall Energía SA and BP unit Pan American Energy LLC announced a $1.15-billion joint investment on Tuesday to increase shale gas production.

The investment is the largest specific project announcement since March in Vaca Muerta, one of the world's largest shale formations, as Argentine President Mauricio Macri's government tries to ...

Source: The latest Oil and Gas Industry News - from oilandgaspeople.com

NEB to reconsider B.C. natural gas pipeline jurisdiction: judge rules

VANCOUVER – A Federal Court of Appeal judge has ruled the National Energy Board must reconsider whether a proposed TransCanada Corp. (TSX:TRP) natural gas pipeline in B.C. falls under provincial or federal jurisdiction. The Prince Rupert Gas Transmission Project, a roughly 900-kilometre proposed pipeline from Hudson’s Hope, B.C., to a facility on the province’s Lelu [Read More…]

Source: Headlines – BOE Report

Why Oil Prices Aren’t Going Anywhere

The most recent report on the U.S. oil market offers a mix of data, providing ammunition for both oil bulls and bears alike. One can find whatever they want in the data. Looking for signs that the oil market is moving towards balance? There’s a strong inventory decline for you. Worried that the market is still woefully oversupplied? Yep, ...

Source: Oilprice.com

Analyst: Technology Gains In US Shale Ramp Up Production, Pressure

Operators are using technologies such as predictive analytics, microseismic and far-field and near-wellbore diverters to pump more proppant for longer laterals and drill deeper wells. However, as operators use these technology advancements to increase their odds of surviving a sub-$50/bbl world, the industry’s innovation is also putting pressure on oil prices, analysts say. “The use of advanced analytics along with ...

Source: Oilandgasinvestor.com Feeds

Could The Gulf Dispute Actually Help Iran?

The on-going diplomatic feud in the Persian Gulf pitting Qatar against a coalition of Arab states led by Saudi Arabia has already disrupted regional affairs to a significant extent: economic blockades, rejected airspace and closed embassies are just a few features of this sudden, somewhat unexpected rift between Doha and the rest of the Gulf. Triggered by a hack of ...

Source: Oilprice.com

While a Step in the Right Direction, TED’s Fracking Video Misses on Major Issues

A recent animated video published by TED discussing the hydraulic fracturing process has made rounds on social media this week, garnering 4.8 million views and more than 36,000 shares on Facebook.

The video examines the various steps of fracking and energy development, and is — to its credit — a more accurate description than most. However, it does have ...

Source: Energy In Depth

Suncor Energy to release second quarter 2017 financial results

CALGARY, ALBERTA–(Marketwired – July 20, 2017) – Suncor will release its second quarter financial results on Wednesday, July 26, 2017 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the second quarter will be held on Thursday, July 27, 2017 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Steve Williams, [Read More…]

Source: BOE Report

Top Oil Market Summons Poseidon to U.S.-Mideast Crude Fight (Thursday, 20 July 2017)

Poseidon is wading into the battle between U.S. crude and Middle East supplies in the world’s biggest oil market.

The crude variety named after the mythical Greek god of the sea was bought by an Asian refiner for delivery in September from Royal Dutch Shell Plc, according to traders with knowledge of the matter. State-run Bharat Petroleum Corp. will ...

Source: The latest Oil and Gas Industry News - from oilandgaspeople.com

What Bitcoin And Solar Have In Common

Bitcoins do not magically appear out of nowhere. Each one is “mined” in a blockchain process that eats enough electricity to power an American household for 1.57 days. This process is what gives the coins their value. The work involved in the creation of the smart contracts gives cryptocurrencies the authority to be used to buy items – a ...

Source: Oilprice.com

Oil settles down after early rally lifts Brent past $50

NEW YORK (Reuters) – Oil settled lower on Thursday in choppy trading, as nagging worries about abundant global crude supplies sank prices after an early rally boosted Brent above $50 per barrel for the first time since June 7. Traders predicted prices would hold near current levels ahead of Monday’s meeting between key OPEC and [Read More…]

Source: Headlines – BOE Report

FieldPoint Petroleum Announces Additional Sale Of Assets In New Mexico

AUSTIN, Texas, July 20, 2017 /PRNewswire/ — FieldPoint Petroleum Corporation (NYSE/MKT:FPP) announced that it has completed the sale of 401 net acres in Lea County, New Mexico, held by multiple East Lusk 15 Federal Com wells (“East Lusk Wells”) and the Jennings Federal Com No. 1 well (“Jennings Well”), to a private E&P company. FieldPoint will [Read More…]

Source: Headlines – BOE Report

Bureau of Labor Statistics data shows the US oil industry added 2,500 jobs so far this year, reversing a 27-month-long decline in oil employment.

Bureau of Labor Statistics data shows the US oil industry added 2,500 jobs so far this year, reversing a 27-month-long decline in oil employment.

Jobs Coming Back To American Oilfields After Years Of Decline

Oil jobs are coming back to the U.S. after three years of mass layoffs, according to new federal employment data.

Bureau of Labor Statistics...

Source: FB-RSS feed for BOE Report