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OPEC+ Misses Target Again, Members Struggle to Raise Oil Output

2021-10-18 15:52:31| OGI

Underinvestment and maintenance problems have slowed down efforts by Angola and Nigeria to pump more.

Tags: members target oil output

 

Marketed: Chisholm Oil & Gas STACK Nonop Opportunity

2021-10-15 22:10:00| OGI

Chisholm Oil & Gas retained Stephens Inc. for the sale of a nonoperated opportunity in the STACK play of Oklahoma, the majority of which is located in Kingfisher County.

Tags: opportunity gas oil stack

 
 

Brents Scarcity Premium Widens to Most Since 2013 in Oil Rally

2021-10-15 22:05:00| OGI

Carsten Fritsch, analyst at Commerzbank, said the surge in oil prices was due to a tight market, as shown by the 12-month forward curve and the premium at which the first-month futures contract is trading to the second.

Tags: premium oil rally scarcity

 

How Oil Companies Can Avoid Pitfalls of Automation Technology

2021-10-15 22:00:00| OGI

Compromising on critical edge computing can be a costly gamble for oil and gas companies.

Tags: technology companies avoid oil

 

US Drillers Add Oil Rigs in Biggest Weekly Build Since April

2021-10-15 19:40:00| OGI

According to the Baker Hughes weekly rig count report, gas rigs in the U.S. fell by one this past week to 98, their lowest since August.

Tags: add april build oil

 

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