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

2019-09-09 19:41:08| OGI

Stratas Advisors foresee the potential for weakness in the latter half of the week based on the results of the U.S. crude and product stock report and also the release of the IEAs latest Monthly Oil Market Report.   

Tags: september week prices oil

 

Hurricane Energy Produces Oil To Surface At Lincoln Crestal Well

2019-09-09 18:56:44| OGI

Responding to speculation about a flare on the Transocean drilling rig, the company confirmed in a news release that a drillstem test at the well, also known as 205/26b-14, produced oil to the surface, which resulted in a flare.

Tags: well energy surface oil

 
 

Equinor Sees Johan Sverdrup Oil Field Output Rising To 660,000 Barrels Per Day By 2022

2019-09-09 14:29:28| OGI

Output from the field will start up in October and the company is in the process of issuing a sales tender for crude from the field this week, a senior executive for the company said.

Tags: day field oil output

 

US Oil Drillers Cut Rigs For Third Consecutive Week

2019-09-06 19:14:07| OGI

Drillers cut four oil rigs in the week to Sept. 6, bringing down the total count to 738, the lowest since November 2017, Baker Hughes, a GE company, said in its weekly report.

Tags: week cut oil consecutive

 

Petrobras Launches Binding Phase To Sell Onshore Oil Blocks

2019-09-06 17:12:08| OGI

Petrobras will sell 100% of 27 E&P concessions in the so-called Polo Cricare area in Espirito Santo, the company said.

Tags: sell oil phase binding

 

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