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Tag: oil
US Crude Oil Stockpiles Hit Record High For Third Week
2020-06-24 21:00:00| OGI
Crude oil inventories also hit another record high on the U.S. Gulf Coast, where the bulk of the nation's refining capacity is located.
On the Market Oil and Gas Quicklist (Week of June 24, 2020)
2020-06-24 19:00:00| OGI
Heres a quicklist of oil and gas assets on the market including Permian Basin leasehold in Reeves County, Texas, plus a royalty interest package in the Eagle Ford Shale that includes wells operated by Devon Energy.
With Contracts Canceled and Debts Mounting, Offshore Oil Drillers Face Another Shakeout
2020-06-24 16:07:00| OGI
The companies that operate offshore drilling rigs for major oil producers face a second wave of bankruptcies in four years amid a historic drop in energy prices that likely will leave surviving drillers more closely tied to big oil firms.
Tags: face
oil
contracts
mounting
mCloud, nybl Partner to Jointly Optimize First 2,000 Oil Wells in Kuwait, North America
2020-06-24 15:52:57| OGI
Included in this agreement is cooperation with nybl to deliver a joint solution that will connect and optimize an initial 2,000 oil wells in North America and Kuwait. Cooperation on this solution is now underway.
Tags: north
partner
america
oil
Norway Plans Big Expansion of Arctic Oil Exploration
2020-06-24 15:11:11| OGI
The government will auction up to 136 new oil exploration blocks in a major licensing round, with 125 of those in the Arctic Barents Sea, a relatively unspoiled corner of the planet.
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