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Oil & Gas 360 12/06/2019 16:48
This week’s Baker Hughes rig count shows that U.S. numbers declined by 3, resulting in the total count falling to 799 rigs. Canada increased over last week by 12 rigs, resulting in a total Canadian count of 138 rigs. Breakdown by region Of the regions tracked by Baker Hughes, no regions saw an increase this week. Meanwhile, 3 regions experienced a. .
Oil & Gas 360 11/27/2019 14:30
This week’s Baker Hughes rig count shows that U.S. numbers declined by 1, resulting in the total count falling to 802 rigs. Canada decreased over last week by 11 rigs, resulting in a total Canadian count of 126 rigs. Breakdown by region Of the regions tracked by Baker Hughes, no regions saw an increase this week. Meanwhile, 3 regions experienced a. .
Oil & Gas 360 11/27/2019 10:00
Houston Chronicle California oil major Chevron has entered into a deal to sell its natural gas assets in the South American nation of Colombia. In a statement released Tuesday afternoon, Chevron confirmed the sale of its stake in a joint venture with Colombia’s state-run oil company Ecopetrol. Under the deal, Chevron is selling its 43 percent share of the Guajira. .
Oil & Gas 360 11/26/2019 17:30
Houston Chronicle Some of Petroleos Mexicanos’s communication systems are still affected two weeks after a cyberattack hit Mexico’s beleaguered state oil firm. For some employees, internet access is limited, some computer files aren’t accessible and they are having difficulty receiving external emails to corporate accounts, according to people in Pemex’s finance, legal and refining departments who asked not to be. .
Oil & Gas 360 11/26/2019 17:00
Houston Chronicle Not only are offshore drilling rigs become smarter and more automated, they are becoming greener and more energy independent. Seadrill, an offshore drilling rig operator headquartered in Bermuda with its principal offices in London and Houston, has unveiled the company’s first hybrid offshore drilling rig – one that draws power from both diesel-fired generators and renewables-friendly battery storage. .
Oil & Gas 360 11/26/2019 16:00
oilandgas360 DENVER, Nov. 26, 2019 (GLOBE NEWSWIRE) — Sundance Energy Inc. (NASDAQ: SNDE) is pleased to announce that its previously announced transaction to redomicile from Australia to the United States has been fully implemented today. The shares of Sundance Energy Inc. issued today in connection with the redomiciliation will trade on The Nasdaq Stock Market LLC (“Nasdaq”) under the symbol. .
Oil & Gas 360 11/26/2019 15:00
Forbes Reports of the death of U.S. shale have been greatly exaggerated. In its latest Short Term Energy Outlook, the US Energy Information Agency (EIA) published preliminary data that, once confirmed, would represent a turning point in American energy history. Not only did the United States reach a record-breaking 12.8 million barrels per day (bpd) of oil production in November – a new high. .
Oil & Gas 360 11/26/2019 14:00
CNBC Global carbon emissions must fall by more than 7% a year for the next decade to meet targets set out by the Paris Agreement on climate change, the UN has warned. In an annual report published Tuesday, the UN Environment Programme (UNEP) said its outlook for climate change was “bleak,” adding that countries had “collectively failed to stop the. .
Oil & Gas 360 11/26/2019 13:00
Reuters OSLO – Norway’s Equinor plans to drill 30-40 oil and gas exploration wells globally in 2020, similar this year, with Brazil being a “hotspot” of its international efforts, the company’s exploration head said on Tuesday. The company will drill about 20-30 exploration wells on the Norwegian continental shelf, focusing on the North Sea, plus wells at the Johan Castberg. .
Oil & Gas 360 11/26/2019 12:00
Houston Chronicle Oil steadied on signs of progress in trade talks between the U.S. and China, and estimates that American crude inventories retreated for the first time in five weeks. Futures traded little changed near $58 a barrel in New York. Washington and Beijing “reached consensus on properly resolving relevant issues” to pursue a “phase one” trade deal during a. .
Oil & Gas 360 11/25/2019 17:00
Houston Chronicle European oil major Royal Dutch Shell filed for six horizontal drilling permits with the Railroad Commission of Texas for projects on five leases split between Winkler and Loving counties in the Permian Basin. Half of those wells target the Wolfcamp geological layer while the others target the Bone Spring formation. Total drilling depths of the projects range from. .
Oil & Gas 360 11/25/2019 16:00
Houston Chronicle A global glut of natural gas has gotten so massive that U.S. exporters could soon face their worst-case scenario: Halting shipments to get supply and demand back in balance. Prices for the heating and power-plant fuel may collapse in Europe and Asia next year to levels that would force U.S. liquefied natural gas suppliers to curb output, Citigroup. .
Oil & Gas 360 11/25/2019 13:30
Reuters RIYADH – Retail subscription for Saudi Aramco’s initial public offering (IPO) reached 21.77 billion Saudi riyals ($5.8 billion) on Monday, lead manager Samba Capital said. The retail element of the sale so far amounts to a total of 680,254,540 shares, Samba Capital said in a statement. The last day of subscription for the retail tranche of the share. .

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