USA


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Natural Gas Prices in the Permian Basin Likely to Remain Low During 2019 Due to Constrained Pipeline Capacity, says GlobalData

Following a drastic drop in the Waha Hub natural gas price earlier this week, Adrian Lara, Senior Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the impact on the upstream sector: “A direct consequence of the excess of natural gas supply is t ...

OilVoice Press - OilVoice


Posted 7 months agoOpinion > GlobalDatanatural gasNatural gas prices +4

ESAI Energy: Trump Statement Not Oil Policy

Many in the oil patch have pointed to President Trump's recent statement on Saudi Arabia as a signal to Saudi Crown Prince Mohammad bin Salman (and the world), absolving the prince of guilt for the execution of Jamal Khashoggi and somehow setting up a quid pro quo that requires the Saudis to facil ...

OilVoice Press - OilVoice


Posted 7 months agoOpinion > President TrumpTrumpESAI Energy +4

High Gasoline Inventories Help Drive U.S. Refining Margins to Five-Year Lows

Source: U.S. Energy Information Administration, based on Bloomberg Note: Reformulated blendstock for oxygenate blending (RBOB) is unfinished gasoline. Flattening year-over-year growth in gasoline demand in the United States, combined with high levels of refinery output, have contributed to l ...

OilVoice Press - OilVoice


Posted 7 months agoOpinion > GasolineUnited StatesUSA +2

New Projects Expected to Reverse Gulf of Mexico Natural Gas Production Declines

Source: U.S. Energy Information Administration, Natural Gas Monthly Natural gas production in the U.S. Federal Gulf of Mexico (GOM) has been declining for nearly two decades. However, 10 new natural gas production fields are expected to start producing natural gas in 2018 and another 8 are e ...

OilVoice Press - OilVoice


Posted 7 months agoOpinion > EIAEnergy Information Administration EIAGOM +6

U.S. Average Gasoline Prices this Thanksgiving are Higher than the Previous Three Years

Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update Heading into the Thanksgiving holiday weekend, U.S. retail regular-grade gasoline averaged $2.61 per gallon (gal), up 4 cents/gal from the same time last year. This year marks the highest gasoline price for the ...

OilVoice Press - OilVoice


Posted 7 months agoOpinion > EIAEnergy Information Administration EIAUnited States +4

Oil & Gas Company's Osage, Meramec Formation Wells Advance

This small-cap firm continues to delineate and derisk its Oklahoma STACK acreage. Jericho Oil Corp. (JCO:TSX.V; JROOF:OTC) provided an update in a news release on the progress of two Oklahoma STACK Joint Venture wells. As for the Trebuchet 21-23N-10W #1H well, in which Jericho has a 40% ...

OilVoice Press - OilVoice


Posted 7 months agoOpinion > TSXUnited StatesUSA +3

The Wolfcamp Play Has Been Key to Permian Basin Oil and Natural Gas Production Growth

Source: U.S. Energy Information Administration, based on DrillingInfo Increased oil and natural gas development in the Wolfcamp play has helped drive overall crude oil and natural gas production growth in the Permian Basin during the past decade. Drilling and completion operations within the ...

OilVoice Press - OilVoice


Posted 8 months agoOpinion > EIAEnergy Information Administration EIAUnited States +9

Total U.S. Natural Gas Stocks End Refill Season at Lowest Level in 13 Years

Source: U.S. Energy Information Administration, Natural Gas Monthly and Weekly Natural Gas Storage Report Note: Data for October 31, 2018, are an interpolated value based on the Weekly Natural Gas Storage Report . Working natural gas in underground storage in the Lower 48 states as ...

OilVoice Press - OilVoice


Posted 8 months agoOpinion > EIAEnergy Information Administration EIAUnited States +5

U.S. Crude Oil and Natural Gas Production Increased in 2017, With Fewer Wells

Source: U.S. Energy Information Administration, U.S. Oil and Natural Gas Wells by Production Rate Note: Annual production estimates shown here are based on data from DrillingInfo and may differ from official estimates published in EIA's Petroleum Supply Annual 2017 and Natural Gas An ...

OilVoice Press - OilVoice


Posted 8 months agoOpinion > EIAEnergy Information Administration EIAUnited States +5

TMK Opens External Coating Facility in Wilder, KY (USA)

TMK, one of the world's leading producers of tubular products for the oil and gas industry, announced the opening of its new external coating facility at TMK IPSCO's Wilder facility in North America. The 250,000 tonnes of annual coating capacity for pipes up to 24 inches (609.6 mm) in diameter is ...

OilVoice Press - OilVoice


Posted 8 months agoPress > CoatingTMKPipes +3

BNK Petroleum Inc. Announces Third Quarter 2018 Results With Positive Net Income

All amounts are in U.S. Dollars unless otherwise indicated: TSX ticker symbol; BKX OTCQX ticker symbol; BNKPF CAMARILLO, California, Nov. 9, 2018 /PRNewswire/ - THIRD QUARTER HIGHLIGHTS Average production for the third quarter of 2018 increased by 40% to 1,534 BOEPD, compared to third quarter ...

OilVoice Press - OilVoice


Posted 8 months agoPress > EarningsResultsBNK Petroleum +2

Oilfield Helping Hands Permian Basin Chapter to Host First Meeting Under New Leadership

Oilfield Helping Hands (OHH), a non-profit organization that helps oilfield families in financial crisis, will hold its first Permian Basin Chapter meeting under new leadership.  The informational chapter meeting will be held on December 12, 2018, at Anadarko's Midland, Texas, facility, located at ...

OilVoice Press - OilVoice


    12 Dec 2018


Posted 8 months agoEvent > OilfieldOHHOilfield Helping Hands +3

2019 Game Plan for Texas Oil & Gas Firm 'Remains on Track

A Raymond James report discussed what to expect, operationally and financially, from this energy company next year. John Freeman, a Raymond James analyst, reported that Oasis Petroleum Inc. (OAS:NYSE) "delivered an in line Q3/18 despite temporary issues hampering gas production" and the c ...

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Posted 8 months agoOpinion > Raymond JamesTexasOil +7

Renewable Diesel is Increasingly Used to Meet California’s Low Carbon Fuel Standard

Source: U.S. Energy Information Administration, based on California Air Resources Board Renewable diesel net supply to California's fuel market has increased since the state's Low Carbon Fuel Standard (LCFS) program went into effect in 2011, reaching 100 million gallons during the second qua ...

OilVoice Press - OilVoice


Posted 8 months agoOpinion > renewablesDieselCalifornia +6

Marathon Oil Reports Third Quarter 2018 Results

HOUSTON, Marathon Oil Corporation (NYSE: MRO) has reported third quarter 2018 net income of $254 million, or $0.30 per diluted share, which includes the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of results. Adjust ...

OilVoice Press - OilVoice


Posted 8 months agoPress > NYSEMarathon OilEarnings +5