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Regulator: Texas On Track To Complete Fewer Oil, Gas Wells In 2019

2019-12-10 19:58:39| OGI

The states oil and gas regulator has processed 8,629 well completions so far this year, marking nearly a 16% decline versus the same period last year, the Railroad Commission of Texas said.

Tags: complete track texas gas

 

Alaska Forecast Predicts North Slope Oil Production To Continue Slide

2019-12-09 20:35:53| OGI

Alaska North Slope oil production has slipped below 500,000 barrels per day and will decline further in coming years, according to the latest forecast released by the state Department of Revenue.

Tags: north continue production oil

 
 

What's Affecting Oil Prices This Week (December 9, 2019)?

2019-12-09 18:05:26| OGI

Brent will likely drift slightly lower this week from Fridays levels, averaging at least $63.50/bbl.

Tags: december week prices oil

 

Tullow Oil CEO Resigns As E&P Continues To Face Issues Offshore Ghana

2019-12-09 14:45:47| OGI

Tullow Oil on Dec. 9 said its CEO Paul McDade has resigned and the oil and gas explorer also scrapped its dividends, as it continues to face issues at its fields in Ghana.

Tags: issues face oil continues

 

China November Crude Oil Imports Hit Record High As Refiners Race To Use Up Quotas

2019-12-08 15:34:56| OGI

China's crude oil imports hit a record high on a daily basis in November, as refiners operated at high run rates to use up annual import quotas.

Tags: up high november china

 

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