ProspectOasis, an A&D web site that lists prospects and producing properties, has been formed by Calgary-based Storage Alliance (OTC BB: SGAL), a provider of oil and gas database management and Internet-hosted, industry software applications.During the coming months, Storage Alliance intends to integrate Strata Web, a geographical information system purchased recently from Petroleum Place, into ProspectOasis.Calgary-based A&D advisory firm Kobayashi & Associates Ltd. has restructured and formed Kobayashi Partners Ltd., which includes the original members, Ross Kobayashi, Tom Caldwell and Rich Wickens, who are joined now by Mark McMurray.McMurray previously held positions as senior manager with Deloitte & Touche, was a partner at Advantage Energy Services Ltd., a Calgary-based field performance improvement firm, and senior technical roles at Exxon Production Research and Imperial Oil Ltd. He has been involved in advisory roles in transactions that have included Burlington Resources' acquisitions of Poco Petroleum and Canadian Hunter, as well as for Gulf Canada, Ranger Oil, Founders Energy and Cabre Exploration.The firm continues to provide A&D services as well as client support in portfolio strategy, exit positioning, and opportunity characterization.
Goldman Sachs Expects Commodities Supercycle
2023-03-21 - Jeff Currie, global head of commodities for Goldman Sachs said oil prices will be driven higher by capital flight from the energy market after problems in the banking sector.
Hi-Crush to Deploy Mobile Frac Sand Unit with Pioneer Natural Resources
2023-03-21 - Hi-Crush said it is deploying a second mobile damp sand mining unit with Pioneer Natural Resources following successful operations with the company in September 2022.
Huge Phillips 66 Biofuels Project Will Test the Industry’s Green Promises
2023-03-21 - Phillips 66 says the renewable diesel plant, Rodeo Renewed, will significantly cut certain regulated pollutants and lead to large cuts in greenhouse gasses.
AI, ML Improve Simulations, But Still Vulnerable to ‘Artificial Stupidity’
2023-03-21 - Synthetic data generation can flesh out models to help machine learning and artificial intelligence visualize trends and create better simulations.
BP Delivers Profits of $27.7 Billion in 2022
2023-02-07 - London-based BP Plc reported an underlying replacement cost profit of $27.7 billion in 2022 while reducing net debt to $21.4 billion and achieving an average return on average capital employed of 30.5%. In 2023, the company will remain focused on delivery of its financial frame underpinned by a $40/bbl balance point.