Many oil and gas companies are taking steps to improve the efficiency and profitability of their businesses by digitizing key business processes. This article examines a project eSimulation Inc., Houston, undertook in late 2013 to help improve the efficiency of a US midstream operator’s condensate business by helping the operator transform its management from paper […]
US sanctions threaten Iran’s oil exports, production
Iran’s production potential in 2018 faces geopolitical risks, including possible US-imposed sanctions, that could hinder its growth and limit export possibilities. Despite that, Iran has the technical ability to raise oil production in 2018. Source: News
Multiple stacked plays drive continued Permian development
The exploitation of unconventional (continuous) resource plays with horizontal drilling and fracturing techniques continues to spur renewed development in mature producing basins in the US. The Permian basin of west Texas has emerged as a particularly strong prospect due to the potential for multiple stacked resource plays in formations such as the Wolfcamp shale and […]
Researchers assess Central Nigeria’s Bida basin potential
Bida basin, the least studied of Nigeria’s inland frontier basins, is believed to have oil and gas resources. No exploration wells have been drilled. Researchers are studying geophysical data and lithofacies of exposed outcrops in the southern and central basin. A recently revised geological basin map reflects a central structural low trend where argillaceous and […]
QP to buy equity in ExxonMobil affiliates in Argentina
Qatar Petroleum has entered into an agreement with ExxonMobil Corp. to become a 30% equity holder in two ExxonMobil affiliates in Argentina that hold different interests in hydrocarbon licenses for seven blocks in the world-class Vaca Muerta play in Argentina’s onshore Neuquen basin. Source: News
04 Jun 2018 12:56:59 EDT – The latest stock information is now available for your stocks
XOM Last 81.3301 Change –0.4999 % Change 0.61% Volume 5,397,975 As of: 4 Jun 2018 12:56:59 EDT View: Stock Quote | News CVX Last 123.5 Change –0.35 % Change 0.28% Volume 1,937,792 As of: 4 Jun 2018 12:56:59 EDT View: Stock Quote | News COP Last 67.945 Change –0.345 % […]
Tap Oil, partners drill appraisal well at Manora in Thailand
Tap Oil Ltd., Perth, reported a success with its Manora-8ST1 appraisal well offshore Gulf of Thailand while continuing to stave off a takeover of the company by Singapore company Risco Energy Invesments (SEA) Ltd. Source: News
Energy trade associations blast ongoing coal, nuclear bailout plans
Officials from the American Petroleum Institute, Natural Gas Supply Association, and eight other national energy business groups strongly criticized ongoing Trump administration plans to keep otherwise failing coal-fired and nuclear power plants open ostensibly to assure electricity service will remain reliable nationwide. Source: News
04 Jun 2018 11:56:11 EDT – The latest stock information is now available for your stocks
XOM Last 81.3748 Change –0.4552 % Change 0.56% Volume 4,118,201 As of: 4 Jun 2018 11:56:11 EDT View: Stock Quote | News CVX Last 123.82 Change –0.03 % Change 0.02% Volume 1,570,429 As of: 4 Jun 2018 11:56:11 EDT View: Stock Quote | News COP Last 68.34 Change +0.05 % […]
Demystifying Russia’s oil and gas taxes
Western oil men well know that Russian petroleum taxes are quite heavy and generally not profit-related. But what are the specifics behind those taxes? Source: News