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BP, Partners Hit Oil at Puma West in GoM

2021-04-14 03:43:31| OGI

Drilled to a total depth of 23,530 ft just 15 miles west of the BP-operated Mad Dog Field, the well hit high-quality Miocene reservoir, BP says.

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OPEC Raises Oil Demand Growth Forecast on Hope Pandemic Wanes

2021-04-13 20:30:00| OGI

The upward revision marks a change of tone from previous months, in which OPEC has lowered oil demand forecasts because of continued lockdowns.

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Texas Oil Pipelines Face Dry Months as Production Languishes

2021-04-13 15:57:26| OGI

Construction spree has led to more capacity than producers can meet.

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88 Energy Confirms Oil at Merlin-1 on Alaska North Slope

2021-04-13 15:40:36| OGI

Spudded in March, the Merlin-1 well is targeting 645 million barrels of prospective resource, 88 Energy says.

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Oil and Gas Investor Post Bankruptcy Strategies: The Great Wipeout

2021-04-13 10:00:00| OGI

In 2020, companies entered bankruptcy after a sudden plunge in oil and gas prices and, unlike the downturn six years ago, many emerged with nearly pristine balance sheets. But for what end?

Tags: post great gas oil

 

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