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On The Market Oil And Gas Quicklist (Week Of Jan. 22, 2020)

2020-01-22 15:00:00| OGI

Heres a quicklist of oil and gas assets on the market including SOHOT asset packages from Marathon Oil in Oklahoma plus a Merit Energy Powder River Basin waterflood asset.

Tags: jan week market gas

 

DCP Midstream, Apergy Team Up To Improve Oil, Gas Operations Using AI

2020-01-22 14:53:02| OGI

DCP Midstream LP and Windrock Inc., a subsidiary of Apergy Corp., have agreed on Jan. 21 to jointly develop a first of its kind set of digital solutions that combines artificial intelligence (AI) and industry expertise to increase asset reliability, enhance safety, and improve efficiency.

Tags: using team improve operations

 
 

IEAs Fatih Birol Sees 1 Million-Barrel Oil Market Surplus

2020-01-22 11:10:00| OGI

IEA's Fatih Birol told Reuters that oil prices could not be expected to rise significantly under "normal conditions" although unexpected developments, such as rising instability in Iraq, could alter the situation.

Tags: market oil sees surplus

 

EIA: US Shale Oil Production To Hit Record In February

2020-01-21 22:30:00| OGI

U.S. oil production from seven major shale formations is expected to rise about 22,000 barrels per day next month, which would be the smallest monthly increase since shale output declined in February 2019.

Tags: february record hit production

 

BP Signs Deal To Explore For Oil Offshore Angola

2020-01-21 20:30:00| OGI

BP signed an agreement with Angola aimed at acquiring oil further exploration rights, the latest in a flurry of agreements between oil majors and Africa's second-biggest exporter.

Tags: deal oil explore signs

 

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