The active number of drilling rigs continues to grow thanks to increasing activity in Texas and the Gulf of Mexico. The overall rig count grew by five – up to 1,008 – courtesy of four rigs added to the Gulf and three in Texas. The loss of two […]
Welcome to the Oilfield1 Weekly Report. Providing you the latest U.S. oil prices, rig counts & more. Weekly Sponsor, Oilfield1 Store Current U.S. Oil Price: $66.34 US Rig Count: 1,133 (+1) Permit count: 1,307 (+201) Rigs Waiting to Spud: 39 (+5)
U.S. oil and gas producers expect their borrowing ability to increase over the next few months leaving them open to invest in new shale assets, particularly the Eagle Ford in Texas, a survey said. More than 80 percent of respondents to a survey by Haynes and Boone LLP […]
Welcome to the Oilfield1 Weekly Report. Providing you the latest U.S. oil prices, rig counts & more. Weekly Sponsor, Oilfield1 Store Current U.S. Oil Price: $63.40 US Rig Count: 1,132 (+21) Permit count: 1,106 (+114) Rigs Waiting to Spud: 34
An oil rig caught fire today April 3, 2018 injuring two workers. This happened in Wewoka on Highway 56. The Seminole County Sheriff’s office say two workers were injured. One of those workers was taken by medical helicopter to a hospital in Oklahoma City. The rig is still burning […]
The Dallas pipeline company Energy Transfer Partners notified oil and gas shippers on Monday that the data system for its extensive pipeline network was hacked by still unknown cyber criminals. The attack Energy Transfer described in a shipping notice on Monday didn’t affect its pipeline systems, the company […]
The latest shale drilling boom is driving unemployment to the lowest levels in years in many of the areas that encompass the Permian Basin, a 17-county region that spans West Texas and eastern New Mexico, according to data compiled by the Permian Basin Regional Planning Commission, a cross-border […]
WASHINGTON – The non-profit Global Witness accused Exxon Mobil Thursday of paying $120 million in 2013 to gain access to an oil field in Liberia they knew had been obtained illegally by former politicians of the West African nation. Global Witness claims it has an internal Exxon document […]
Corpus Christi port officials met with several U.S. lawmakers on Thursday in a bid to shore up support for increased funding for a $327 million project to expand the Corpus Christi ship channel, which could become the nation’s biggest conduit for crude exports in coming years. So far, […]
A battle for big data is brewing in the oil patch. The service companies that map underground pockets of oil, drill the wells and lift crude from miles below are generating vast new amounts of data they never before realized could be valuable. But their exploration customers are […]
