A top Exxon Mobil Corp official confirmed a multi-billion dollar plan under consideration to double U.S. light crude oil refining capacity along the U.S. Gulf Coast to take advantage of the nation’s growing shale oil production. Exxon’s proposed project, which has not received a final investment decision, would […]
Russian government-linked hackers have targeted the U.S. energy industry and other sectors critical to running the economy in a new surge of online attacks since at least March 2016, federal agencies said on Thursday. The hacking campaign, orchestrated by a seven-year-old group known as Dragonfly, has hit U.S. […]
U.S. shale drillers should pump another 131,000 barrels a day from six major plays this month, with the bulk of that coming from Texas’ Permian Basin and Eagle Ford Shale, the Energy Department said Monday. The Energy Information Administration projected that West Texas oil producers in the Permian […]
As West Texas drillers pump more crude in coming years, they’ll have to ship almost all of the increase in the Permian Basin’s output to buyers overseas – and most of those exports will pour out of Corpus Christi in South Texas, analysts say. Energy research firm Wood […]
Welcome to the Oilfield1 Weekly Report. Providing you the latest U.S. oil prices, rig counts & more. Current U.S. Oil Price: $61.32 US Rig Count: 1,084 (+1) Permit count: 1,079 (-35) Rigs Waiting to Spud: 38 Sponsored by Texas Pump Jack Caps
The U.S. may take over as the world’s leading oil producer this year and continue to dominate crude growth for at least the next five years, the the International Energy Agency said Monday. The problem is that global energy investments outside of U.S. onshore shale aren’t keeping pace […]
Welcome to the Oilfield1 Weekly Report. Providing you the latest U.S. oil prices, rig counts & more. Current U.S. Oil Price: $62.73 US Rig Count: 1,083 (+14) Permit count: 1,114 (+289) Rigs Waiting to Spud: 45 Weekly Sponsor: Texas Pump Jack Caps
Happy Pump Day to all our awesome oilfield peeps. Thank you for following Oilfield1 🙂 Checkout some of our recent posts 50 Oilfield Jobs | San Antonio Area 50 Louisiana Oil & Gas Jobs Trump’s Tax Reform Boosts Huge Gains For This Energy Company!!! You Won’t Believe How Many Billions of […]
Texas oil and gas producers paid more in taxes and royalties last year as oil prices climbed and drilling activity ramped up in the Permian Basin and elsewhere in the state. The industry paid more than $11 billion in royalties and state and local taxes in fiscal 2017, […]
Welcome to the Oilfield1 Weekly Report. Providing you the latest U.S. oil prices, rig counts & more. Weekly Sponsor, Mckleyson Industries Current Oil Price (WTI): $64.06 US Rig Count: 1,029 (-8) Permit count: 825 (-245) Rigs Waiting to Spud: 53
