The U.S. Coast Guard is searching for a man who vanished near an offshore drilling platform in the Gulf Coast near Louisiana. Visit Oilfield1 Shop The Coast Guard’s New Orleans office was notified at about 6:26 a.m. Wednesday morning that a 54-year-old man was in the water near […]
Oil spiraled to its worst daily performance of the year as mounting trade tensions between the world’s biggest economies sent investors fleeing from risky assets. Oilfield1 Shop Futures in New York fell almost 6% on Thursday for the steepest decline since Dec. 24. Equity markets also slumped, with […]
Rattler Midstream Partners LP raised $665 million in the biggest energy initial public offering of the year, pricing an increased number of shares in the middle of its targeted range. Texas Oilfield Caps Rattler was formed by Diamondback Energy Inc. to own, operate and acquire midstream assets in […]
Pioneer Natural Resources laid off more than 200 workers today – some 25% of its workforce. Awesome Oilfield Caps Seventy employees in the Permian Basin were cut and 160 at corporate headquarters in Irving, according to the Dallas Morning News. That’s on top of 300 workers who took […]
U.S. oil production is expected to surge to new records through the rest of this year and into 2020 with healthier crude prices and the cost of profitably drilling a shale oil well falling to a modern low. Visit Oilfield1 Shop Led by Texas’ booming Permian Basin, the […]
Oil pipeline protesters who interrupt operations or damage equipment could face up to 10 years in prison under legislation approved by Texas lawmakers. Puro Pinche Pipeline Caps Under a bill approved by both chambers of the state legislature, protesters found guilty of halting service or delaying construction of […]
The U.S. Geological Survey has confirmed that four low-magnitude earthquakes have taken place over the past two weeks in the Eagle Ford Shale of South Texas. Visit Oilfield1 Shop USGS officials confirmed a 2.5-magnitude earthquake about five miles east of the Gonzales County town of Smiley on Saturday […]
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Exports of the Permian Basin’s newest kind of oil are set to jump as production surges, exceeding the appetite of U.S. refiners. Oilfield1 Caps Sales of the new grade, known as West Texas Light, began in September, as explorers sought to separate out increasingly lighter and less sulfurous […]
If you work in the Oilfield industry and haven’t heard of Puro Pinche Oilfield, then where the hell have you been??? (Translation – Pure Fu##ing Oilfield) Created by Oilfield1, Puro Pinche Oilfield caps are taking the Oilfield Industry by storm. Thousands of Oilfield professionals across the industry are […]
