Industry News

This is news related to the energy sector.  Clicking on stories below will take you to the publisher's website.


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Danos has secured a contract with Williams Partners (Williams) to perform piping and valve modifications to the existing header system at the Pine Needle LNG storage facility operated by Williams in Stokesdale, North Carolina.  

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Matt Bell has been tapped as chief executive officer of engineering and geological consulting firm Premier Oilfield Laboratories LLC. The move is effective Aug. 21.  

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The US Gulf of Mexico rig count fell from 17 to 16 over the past week.  

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Damen Shiprepair Rotterdam has delivered the FPSO Petrojarl 1 to Teekay Offshore following a two-and-a-half year complete redeployment project.

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The overall US rig count has declined for the third straight week and fifth time in 8 weeks, advancing what could be a partial reversal of a drilling rebound that lasted more than a year.  

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New Mexico is on track to collect more money in the coming fiscal year than it currently spends as surging oil production pulls state government out of a budget crisis, state economists told lawmakers on Wednesday.

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Despite the fact that the Oklahoma STACK oil and gas play is still evolving and its total potential is undetermined, evidence thus far indicates the play is delivering impressive results, leading operators to commit significant 2017 CAPEX to its development, according to new analysis from IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions.

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Statoil has permission from the Petroleum Safety Authority to drill two production wells on the Valemon field and an exploration well on the Gina Krog field.

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KBR Inc. will perform pre-front-end engineering design (FEED) work over the next 6 months in support of BP PLC in the optimization stage of the Tortue field development.  

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US light, sweet crude prices declined for a third consecutive day, settling below $47/bbl to a 3-week low on Aug. 16 after weekly US government data showed increased US oil production.  

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"USES is your one-stop resource for cleaning, maintaining, protecting, and restoring mission-critical assets that keep your business up and running," declares and illustrates this free brochure.

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Direct V steerable tool is announced in this free datasheet to "revolutionize straight hole drilling."

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Breaking months of silence, the former Russian economic development minister on trial for allegedly accepting a $2 million bribe publicly accused the head of Russia's oil company on Wednesday of setting him up.

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Between 1940’s to 1970’s, the average annual price of oil fluctuated within a 6.5 % band, but from 1980’s until the last few years the variation leapt to almost 11 times that amount.

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The Bureau of Ocean Energy Management has reported that Lease Sale 249 garnered $121,143,055 in high bids for 90 tracts covering 508,096.16 acres in the Gulf of Mexico’s Western, Central and Eastern planning areas.

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The first regionwide Gulf of Mexico lease sale under the US Bureau of Ocean Energy Management’s new Outer Continental Shelf program was predictably subdued, with supermajors Royal Dutch Shell PLC and Chevron Corp. leading in bidding activity and sum of high bids.  

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Petrobras’ global oil and gas production in July averaged 2.74 MMboe/d, of which 2.63 MMboe/d was produced in Brazil.

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The Woodside Petroleum Ltd.-operated North West Shelf joint venture has begun production from the Persephone gas-condensate field in the Carnarvon basin off Western Australia.  

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To provide more complete coverage of U.S. crude oil and natural gas production, EIA is expanding the Drilling Productivity Report (DPR) to cover the Anadarko region, which covers most of the production from the Anadarko Basin in 24 counties in Oklahoma and 5 counties in Texas.

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Exponent Energy (Exponent), a Tulsa, Oklahoma-based energy investment firm, is pleased to announce that it has purchased the Oklahoma production assets of Sanchez Midstream Partners LP (NYSE American: SNMP).