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Since its inception more than seven years ago, Oil & Gas 360 has been a leader in the delivery of energy-related news, analysis, and commentary on an industry we love.  Our goal at Oil & Gas 360 is, and always has been, to interpret the myriad of interactions in the market and consolidate it into a meaningful, insightful, and high-quality[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story

Heavy crude becoming more expensive, light crude becoming cheaper The global crude  oil supply is currently undergoing a major change as production changes drive shifts in the oil quality mix, according to a note by the EIA. Crude oil is not all created equal, and many major producing locations have their own grades. One of the most important and commonly[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, crude oil news

The EIA released its weekly Natural Gas Storage Report today, outlining how national natural gas stocks have changed in the last week. In total, the EIA reports natural gas stocks increased by 97 Bcf last week, rising from 3,311 Bcf to 3,408 Bcf. This is below the 3,544 Bcf that was in storage at this point last year, and is[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story

$17/unit is below expected range Oasis Petroleum (ticker: OAS) announced the pricing of the IPO of Oasis Midstream Partners (ticker: OMP) today in the next step toward selling its initial units. Each share of Oasis Midstream will be issued at a price of $17/unit, with 7.5 million units on offer. The number of units may increase, as Oasis has granted[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story

Offshore and on-shore upstream production operating normally: Exxon In a post-Harvey update, ExxonMobil (ticker: XOM) reported that its Baytown and Beaumont refineries have begun producing fuels at reduced rates, and that crude oil and refined product pipelines in the Gulf and other regions of Texas have restarted as recovery continues from Hurricane Harvey. Offshore production platforms in the Gulf of Mexico[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, downstream, baytown, beaumont, exxon, harvey, houston

SDX Energy Inc. seeks to increase its Moroccan gas sales volumes by as much as 50% and its reserves by more than 100% with its nine-well drilling campaign in the Sebou, Gharb Centre, and Lall Mimouna permits.

Source Feed: Drilling and Production News
Categories: exploration development, drilling production, drilling operations, area drilling, production operations











15 out of 20 refineries are back to normal levels after Harvey; Irma-caused power outages interrupted natgas demand The impacts of Hurricane Harvey are slowly fading, as companies work to bring operations back to normal. Hurricane Harvey plowed into the heart of the U.S. refining industry, forcing many large facilities offline. According to IHS, 20 refineries were significantly affected. Some[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, crude oil news, downstream, natural gas news

Final 2,280 BOEPD sold for $110 million Halcon Resources (ticker: HK) announced the sale of its non-operated Williston basin assets today, completing its shift to a pure-play Delaware operator. Halcon currently holds interests in several non-operated Williston basin properties that were left over from its Williston sale earlier this year. Halcon’s share of production from these assets is currently about[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, a&d transactions, closing bell story, crude oil news

The EIA released its weekly Petroleum Status Report today, outlining how national oil and refined product stocks have changed in the last week. Crude oil stocks rose by 4,591 MBBL last week to 472,832 MBBL, up from 468,241 MBBL last week. This is slightly below the 473,966 MBBL that was in storage at this point last year, and is 25%[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story

GOM, Delaware, DJ producer targets $1 billion in share buybacks during 2017; expects 2018 capital program to be within cash flow Anadarko Petroleum Corporation’s (ticker: APC) board of directors has authorized a $2.5 billion share-repurchase program through the end of 2018, the company announced Wednesday. “We believe this is a very attractive use of our cash given the value of[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, closing bell story, e&p, anadarko, share buyback

Oil company execs talk strategy, operations, basins EnerCom has published video interviews with 28 oil and gas industry leaders who run some of the world’s most innovative exploration & production and oilfield service and technology companies. Exclusive c-suite interviews are part of the premium content that is included with an annual subscription to Oil & Gas 360®, but these interviews[Read More...]

Source Feed: 360 Articles – Oil & Gas 360
Categories: 360 articles, c-level interviews, closing bell story, e&p, togc 22, videos, ceos, enercom, video interviews

Oil & Gas UK is disputing a university study that predicts early exhaustion of UK oil and gas reserves and that calls for a prompt switch to renewable energy.

Source Feed: Drilling and Production News
Categories: drilling production, production operations

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The Kincora restart program will now move on to the next stages, which involves recommissioning of the Kincora to Wallumbilla pipeline and commissioning of the end-of-the-line processing facility at Wallumbilla.

Source Feed: Drilling and Production News
Categories: drilling production, production operations

Operators implemented technology to rapidly increase Permian basin production and they are poised to continue increasing Permian production. But Wood Mackenzie Ltd. suggests geological constraints could lead to long-term production growth declines, perhaps early next decade.

Source Feed: Drilling and Production News
Categories: unconventional resources, drilling production, permian basin, unconventional resources, unconventional resources, production operations

Crude oil output from the seven major US onshore producing regions is forecast to increase 79,000 b/d month-over-month in October to 6.083 million b/d, the US Energy Information Administration said in its latest monthly Drilling Productivity Report.

Source Feed: Drilling and Production News
Categories: eagle ford, haynesville shale, permian basin, utica, woodford shale, drilling production, bakken shale, niobrara, unconventional resources, unconventional resources, production operations, marcellus shale

A possible resumption of Niger Delta militancy threatens a 5-month recovery in oil production in Nigeria, one of two wildcard members of the Organization of Petroleum Exporting Countries warns an analyst at Verisk Maplecroft, Bath, UK.

Source Feed: Drilling and Production News
Categories: general interest, drilling production, hse, production operations, government

Sydney-based Elk Petroleum Ltd. has agreed to acquire a subsidiary of Resolute Energy Corp., Denver, including its 63% interest in Greater Aneth oil field in the Paradox basin of southeastern Utah, for $160 million.

Source Feed: Drilling and Production News
Categories: general interest, drilling production, companies, ior eor, production operations

Oil & Gas UK is hoping the UK Continental Shelf will get "a badly needed investment boost" as a result of almost $6-billion worth of mergers and acquisitions in this year's first half.

Source Feed: Drilling and Production News
Categories: drilling operations, drilling production, companies

9/18/2017
International news for oil and gas professionals

Source Feed: Drilling and Production News
Categories: exploration development, drilling production, processing

The US rig count during the week ended Sept. 15 recorded its largest decline since the end of the drilling dive of late-2014 to mid-2016.

Source Feed: Drilling and Production News
Categories: eagle ford, permian basin, woodford shale, drilling operations, drilling production, bakken shale, niobrara, unconventional resources, marcellus shale

Every oil and gas facility has the potential to be hampered by the problem of NORM (short for Naturally Occurring Radioactive Material), especially during phases of decommissioning. To fully understand NORM, first take note that it can be broken down into various waste streams. For example… There is NORM waste which is contaminated with other […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: chemicals, marine & offshore, mechanical, minerals, oil & gas, safety, tech, technology

Health is our most treasured possession. It does not last forever, yet most of us make the mistake of living like it will. It is not until we lose our health that we seek diligently to regain it. Sadly at that point, it’s most often too late, and it always has a cost of time, […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: best in class, business, culture, finance, health & wellness, leadership

Businesses are changing with the times, and there’s a new space for working in unique and creative ways. We’re in the clouds, we’re in the field, we’re out of the office. Many small businesses no longer even have offices because digital communication and infrastructure is superior and unlimited. The world as we know it … […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: accommodations, business, hotels, travel

Oil producing regions are experiencing a major downturn in the economy. The last few months have been challenging for all business sectors, and anyone reliant on oil revenue (and in Newfoundland that’s just about every one of us) has felt the pinch in some capacity. Managing your reputation in this business climate has never been […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: best in class, business

In the world of business, computers have become the foundation of how we live and work. Sitting at a desk all day is probably the worst thing we could to ourselves; It seizes up the muscles, makes the body weak and complacent, and eats away at our flexibility and posture. It’s not what we want, […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: best in class, human resources, personal development, sports

THE WINNERS ARE: TECHMATION ELECTRIC & CONTROLS, STEP ENERGY SERVICES, CROSBIE SALAMIS LTD, COUGAR HELICOPTERS, THE OGM SAFETY RESULTS AWARD WINNER: Techmation Electric & Controls Ltd. Techmation Electric & Controls Ltd. provides a complete range of electrical and instrumentation services throughout Western Canada. Techmation is committed to achieving stellar performance and giving value to their […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: aviation, best in class, human resources, oil & gas, safety, tech, technology

Petrotechnical Data Systems (PDS) is one of the biggest providers of software solution developers in the field of oil and gas industries. They recently unveiled a new Open Source Technology termed Wellsite Information Transfer Standard Markup Language (WITSML) for Energistics. Launched under the open Apache License, there are two categories of the software: the PDS […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: best in class, products & services, tech, technology

The FleetLink system from Atlas Copco supports the construction and oil and gas industry. It is offered in two packages, the FleetLink Advanced, intended for large pavers, including asphalt and large soil rollers, up to highway class pavers and the standard FleetLink for small pavers. Both packages are offered free of cost with the purchase […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: construction, products & services, tech, technology

The CMC Research Institutes are aiding the NRG COSIA Carbon XPRIZE for a $20 million global competition. The competition is aimed towards finding technologies that can successfully convert Carbon Dioxide emissions into high-value products. This is highly contextual in today’s world, where air pollution in major cities all over the world is a growing concern […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: business, global citizenship, resources, tech, technology

When an industry faces a harsh downturn for two years, there is a critical need gain efficiencies, optimization and reliability.  That’s a global trend. And in the coatings industry its leading minds that have come up with optimal gains that support sustainable long-term cost reductions and higher efficiency. Replacement and repair of damaged equipment are […]

Source Feed: Global Oil and Gas Industry News | The OGM – ENERGY | TECH | CULTURE
Categories: drilling, exploration & production, liquefied natural gas, marine & offshore, oil & gas, oil sands, pipelines, tech, technology, transportation & logistics

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