Crude Oil Brent
81.49
Crude Oil WTI
76.71
Natural Gas
3.015
US Rig Count
616
CA Rig Count
199
Int. Rig Count
962
News
November 23, 2023
The companies won’t restart pumping until the source of the leak is secured and appropriate repairs have been made, the Coast Guard said in a statement.
News
November 23, 2023
Saudi Arabia and its allies are embroiled in a dispute over oil production quotas for African members. The disagreement has forced the group to push back its scheduled conference by several days to Nov. 30, sending crude plunging by as much as 4.9% to below $80 a bbl in London on Wednesday.
News
November 23, 2023
Oil production from Baleine stands at 20,000 bpd, far exceeding the initial anticipated 12,000 bpd. The project is set to reach its plateau of 50,000 bopd by the end of 2024.
News
November 23, 2023
The state-owned Middle Eastern company has been studying a possible bid as it seeks to boost its global footprint, people familiar with the matter said. Any deal could value Wintershall Dea at more than €10 billion ($11 billion), the people said.
Crude Oil Brent
81.49
Crude Oil WTI
76.71
Natural Gas
3.015
US Rig Count
616
CA Rig Count
199
Int. Rig Count
962
First Look
Article
November 2023
On the North Sea Yggdrasil development, service providers are collaborating to develop three platforms that will operate remotely from an integrated onshore operations center. The project draws on experience gained from the Ivar Aasen venture, marking a significant step forward in the pursuit to increase offshore efficiency and sustainability.
Article
October 2023
The drilling challenge remains the same: Drill faster and more efficiently to reduce drilling time. New technologies are being introduced to evolve to one run intervals, which reduces drilling time.
Article
October 2023
The rugged Delta connection provides wider field inspection tolerances. This case history illustrates how focusing on KPIs can lead to inefficiencies and increased costs, and more importantly, how to avoid this trap.
Article
October 2023
The journey from CCUS skepticism to solutions is driven by the need to capture 5,635 megatons of CO2 annually by 2050. While the target is steep, through embracing technology neutrality, collaboration, and lessons from existing projects, the CCUS industry should experience large-scale growth through standardized approaches and global cooperation.
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Upstream 365
Distributed Power Solutions
Distributed Power Solutions (DPS) was contacted by an exploration and production Oil & Gas company in Texas for the purpose of providing temporary power to their Electric Submersible Pumps (ESPs) until they could get utility power.
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