Gregory
Morris
Contributor
U.S. Oil Firms Tell OPEC Their Growth Will Slow
U.S. oil producers sought on Jan. 23 to soothe OPEC's worries about losing market share, telling the group that investors in the U.S. firms wanted a reduction in growth and higher payouts.
E&Ps Discover Premium In South Louisiana Vertical Play
Old-time conventional E&P is yielding big profits in South Louisiana for these operators familiar with bypassed potential.
Equinor Stops Drilling Key Arctic Well After Incident
During the incident the lower mariner riser package on the blowout preventer was unintentionally disconnected for still unknown reasons.
Saudi Arabia Plans Oil Refinery, Petchem Plant In South Africa
Saudi Arabia plans to build an oil refinery and petrochemicals plant in South Africa as part of $10 billion of investments in the country, Saudi Energy Minister Khalid al-Falih said on Jan. 18 after talks with his South African counterpart.
Found: Small, Strategic Capital For Oil Producers
These private equity firms fund both conventional- and unconventional-resource ideas and oil and gas producers needing less than $200 million to make their plays.
Libya Plans To More Than Double Oil Output To 2.1 MMbbl/d
Libya aims to more than double its oil production to 2.1 million barrels per day (MMbbl/d) by 2021 provided security and stability are strengthened in the conflict-stricken country, the chairman of state oil company NOC said on Jan. 6 in Benghazi.
Libya's Closed Sharara Oilfield Losing 8,500 Barrels Per Day To Looting -NOC
Libya's closed Sharara oilfield is expected to lose 8,500 barrels per day (bbl/d) to looting, state oil company NOC said Jan. 3.
Russian Oil Output Reaches Record High In 2018
Russian oil production rose to a post-Soviet record high of 11.16 million barrels per day (MMbbl/d) last year on an annual average basis, data from its energy ministry showed Jan. 2.
Oilfield Services: Is It Back?
The oilfield service sector is making a comeback, energy analysts say. However, investors remain wary of the industry that bottomed out in 2016 when oil prices slumped.
US Shale Oil Output To Top 8 MMbbl/d By Year-End: EIA
When December ends, shale production is expected to climb to 8.03 MMbbl/d for the first time on record.