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Northern Oil & Gas Enters Permian Basin with Deal for EOG-operated Assets
2020-09-11 01:25:00| OGI
After actively building data in the Permian Basin for two years, Northern CEO Nick OGrady says he now sees a window of opportunity opening up for expansion of the companys strategy outside of the Williston.
US Crude Oil Stocks End Streak of Inventory Drawdowns with Surprise Build
2020-09-10 21:35:00| OGI
Crude inventories rose by 2 million barrels in the week to Sept. 4 to 500.4 million barrels, according to an EIA report, compared with analysts' expectations in a Reuters poll for a 1.3 million-barrel drop.
Second Wave of Floating Storage Triggered by Ailing Oil Market
2020-09-10 16:02:53| OGI
Traditional onshore storage is close to capacity.
Data Gumbo Enables Real-Time Lease Operating Expenses for Oil, Gas Operators
2020-09-10 15:50:15| OGI
Data Gumbo, the trusted industrial blockchain network, said Sept. 9 that it has enabled real-time lease operating expenses (LOE) for oil and gas operators.
Saudi Arabia to Keep Pumping Despite Fall in Oil Prices
2020-09-10 11:30:00| OGI
Saudi Arabia fears that if it cuts more production to support oil prices, other countries will take advantage and produce greater amounts, jeopardizing the unity of the OPEC+ group.
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