Officials say a rocket hit an oil-drilling site in southern Basra province, striking a camp housing energy giant Exxon Mobil and wounding three local workers, one seriously. Oilfield1 Caps 🔥🔥🔥 Security official Mahdi Raykan says a Katyusha rocket landed early Wednesday in the Zubair and Rumeila oil fields […]
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Oil giant ConocoPhillips is gearing up for a large round of horizontal drilling on three leases in the Eagle Ford Shale of South Texas. Visit Oilfield1 Shop The company’s subsidiary, Burlington Resources, is seeking permission from the Railroad Commission of Texas to drill 13 wells in oil-rich DeWitt […]
The first non-Texas crude pipelines connecting to the Port of Corpus Christi were announced by Phillips 66 on June 10. The two new pipelines will bring oil and gas supplies from the Rocky Mountains and Bakken Formation in northwestern North Dakota through Cushing, Oklahoma, to the Coastal Bend […]
Two oil tankers near the strategic Strait of Hormuz were damaged in suspected attacks on Thursday, an assault that left one ablaze and adrift as sailors were evacuated from both vessels and the U.S. Navy rushed to assist amid heightened tensions between Washington and Tehran. Visit Oilfield1 Shop […]
Gov. Greg Abbot (R-TX) had a stellar opening week of June. With few exceptions, the governor lived up to his state’s reputation for defending freedom. Checkout Awesome Texas Caps In a series of tweets last week that ended up going viral, Abbott announced that he had signed legislation […]
The oil and gas firm controlled by Dallas Cowboys owner Jerry Jones will buy another Dallas firm for about $1.6 billion to become a leading natural gas producer in the Haynesville shale. Visit Oilfield1 Shop The publicly traded Comstock Resources, of which Jones acquired a controlling stake last […]
An appeals court has lifted a judge’s injunction that blocked construction of the Keystone XL oil pipeline from Canada. Oilfield1 Shop But it’s not clear whether the 9th U.S. Circuit Court of Appeals’ ruling Thursday will have any immediate effect. TC Energy, the company that wants to build […]
Anadarko Petroleum Corp. Chief Executive Officer Al Walker will receive a golden parachute worth $98 million following the oil producer’s $38 billion sale to U.S. rival Occidental Petroleum Corp. Visit Oilfield1 Shop The payout is part of $300 million to be shared among six Anadarko senior executives, also […]
The Port of Corpus Christi has started work on a $380 million project to deepen and widen its ship channel to allow for two-way supertanker traffic. The project should be completed in 2022. Visit Oilfield1 Shop Port officials and community leaders held a Wednesday morning ceremony where dignitaries […]
