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US Crude Oil Stockpiles Unexpectedly Drop for First Time Since January

2020-05-13 20:00:00| OGI

Stocks in Cushing fell by 3 million barrels in the last week, the EIA said. The hub, coming into this week's data, is more than 80% full, as producers find themselves with fewer places to store oil.

Tags: time since january oil

 

On the Market Oil and Gas Quicklist (Week of May 13, 2020)

2020-05-13 16:30:00| OGI

Heres a quicklist of oil and gas assets on the market including a position of Midland Basin producing minerals in Irion County, Texas, operated by Sequitur Energy Resources.

Tags: week market gas oil

 
 

Major Insurers Increase Cover for Trans Mountain Oil Pipeline

2020-05-13 11:20:00| OGI

The Trans Mountain pipeline is owned by the Canadian government and has become a focus for environmental and indigenous groups.

Tags: major increase cover oil

 

E&P Industry Pulse: Oil Field of the Future is Here Now

2020-05-12 22:00:00| OGI

Monetize data and optimize efficiency in the age of Industry 4.0.

Tags: now future field industry

 

EIA: US Oil Demand Set to Crash by 2.2 Million bbl/d in 2020

2020-05-12 20:00:00| OGI

Meanwhile, U.S. crude production is expected to fall 540,000 bbl/d from last year's record high to 11.7 million bbl/d in 2020, compared with the EIA's previous forecast for a decline of 470,000 bbl/d.

Tags: in set million oil

 

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