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Supreme Court Ruling on Oklahoma Tribal Land Raises Questions for Oil Industry

2020-07-10 21:30:00| OGI

A U.S. Supreme Court decision recognizing about half of Oklahoma as Native American reservation land has implications for oil and gas development in the state, raising complex regulatory and tax questions.

Tags: questions land industry court

 

US Oil, Gas Rig Count Falls to Record Low for 10th Week

2020-07-10 19:20:13| OGI

The U.S. oil and gas rig count fell by five to an all-time low of 258 in the week to July 10, according to data from energy services firm Baker Hughes Co.

Tags: low week record count

 
 

Marketed: Stranded Oil Resources Teapot Dome Stacked-Pay Opportunity

2020-07-10 19:15:00| OGI

Stranded Oil Resources Corp. retained PetroDivest Advisors to market for sale its oil and gas properties, leasehold and related assets in Wyoming's Natrona County representing a basin-wide exit.

Tags: resources opportunity oil stranded

 

IEA Raises 2020 Oil Demand Forecast But Warns COVID-19 Clouds Outlook

2020-07-10 16:20:40| OGI

The pandemic is not under control and carries a downside risk for the market, agency says.

Tags: oil demand outlook forecast

 

Weir Oil & Gas Launches Offline Cementing Solution To Reduce NPT

2020-07-10 15:45:44| OGI

The Offline Cementing Solution generates substantial reductions of nonproductive time (NPT) and operating costs.

Tags: solution reduce gas oil

 

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