US upstream news
Join Permian Basin experts at Super Basins 2019
22-24 January 2019 in Sugar Land, Texas at the Sugar Land Marriott Town Square, attendees will benefit from 10 years of hard-won lessons by a community of dedicated oil and gas professionals.
Rose Petroleum acquires additional acreage in Paradox Basin
The company has announced that the Company and Rockies Standard Oil Company, its joint venture partner has successfully participated in the December 2018 Bureau of Land Management Utah lease sale.
Eni acquires 70% and operatorship of the Oooguruk oil field in Alaska
The company has entered into an agreement to acquire 70% and operatorship of the Oooguruk oilfield in Alaska from Caelus Natural Resources Alaska LLC.
TIPRO: “Energy job growth threatened by proposed USTR steel import quotas”
The Office of the US Trade Representative (USTR) is reportedly considering replacing the current 25% tariffs on Mexican and Canadian steel imports with restrictive import quotas under Section 232 of the Trade Expansion Act of 1962.
Gardner Denver expands water jetting systems rental partnership programme
Rental systems are currently available in the Ohio and Houston markets and will be available in California beginning January 1, 2019.
Arthur D. Little: collaboration is central to unlocking potential of US Permian basin
Production in the area, which spans Texas and New Mexico, could reach 5.4 million boe per day by 2023, putting it ahead of every OPEC country except Saudi Arabia.
ESAI Energy: Eliminating Permian bottleneck by 2020
ESAI Energy’s pipeline assessments address the status and timing of proposed pipeline projects and estimate the impact these projects have on the origin and destination points in key markets.
E.I.A.: the United States is now the largest global crude oil producer
In February, US crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the US surpassed Russia in crude oil production for the first time since February 1999.
GlobalData: Haynesville production rates show refracturing techniques need to evolve
According to GlobalData, the wide variance in economic performance among operators in the unconventional horizontal wells that were refractured in Haynesville, Louisiana, US, during 2017- 2018 highlights the need for refracturing techniques to evolve to increase success cases for operators.
Fairfield Geotechnologies embarks on Quail Ridge East survey
From the northernmost Delaware Basin to the Northwest Shelf.