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Considerations Before Implementing AI in Oil and Gas

2020-08-07 15:05:00| OGI

Despite a surge of use by oil and gas companies in the last few years, the application of AI technology is not simply plug and play. Here is what an AI platform needs to be effective.

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IHS Markit says outlook for crude oil prices strengthens through 2021

2020-08-07 09:55:39| Green Car Congress

Tags: through prices oil outlook

 
 

EOG Resources Swings to Quarterly Loss on Oil Price Plunge

2020-08-07 01:00:00| OGI

EOG Resources said it started to restore curtailed production in June as oil prices recovered from their April lows, and it expects nearly all shut-in wells to begin production before the third quarter ends.

Tags: price resources loss oil

 

Texas Takes Steps to Reduce Flaring in Oil Sector

2020-08-06 15:18:53| OGI

Changes would include reducing the amount of time an operator may get an administrative exception to flare natural gas.

Tags: takes reduce texas steps

 

Marathon Oil Posts Smaller-than-expected Loss after Reining in Costs

2020-08-06 11:10:00| OGI

Excluding items, Marathon Oil posted a loss of 60 cents per share, smaller than analysts' estimate of 63 cents per share, according to Refinitiv IBES, while Parsley Energy posted a surprise profit.

Tags: posts costs loss oil

 

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