USA


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The United States Continues to Increase Production of Lighter Crude Oil

Source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production As domestic production continues to increase, the average density of crude oil produced in the United States continues to become lighter. The average API gravity—a measure of a crude oil's density ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > EIAEnergy Information Administration EIAUnited States +5

Wood Secures $250M in US Midstream Sector Contracts

HOUSTON , October 9, 2018 --Wood has secured a string of new midstream sector contracts across the US, solidifying its place in what the company considers to be a key growth market. With a combined revenue of approximately $250 million of new midstream sector work won year to date, Wood is deliv ...

OilVoice Press - OilVoice


Posted 11 months agoPress > WoodContractmidstream +2

Oil Price Rally Boosts Electric Car Sales

By Tsvetana Paraskova for Oilprice.com Tesla's competition is about to get more crowded next year with many legacy automakers and luxury brands launching a record number of battery electric vehicles and plug-in hybrids. All EV makers will have one common element that could help lift demand for ...

Oilprice Staff


Posted 11 months agoOpinion > oil priceoilpriceElectric Car +4

FACTBOX: Utilities, Oil Producers Brace for Hurricane Michael Along US Gulf

With Hurricane Michael expected to make landfall on the Florida Panhandle as a Category 3 storm Wednesday, offshore oil and gas producers were busy evacuating crews and shutting in production Monday. By mid-day, nearly 20% of Gulf of Mexico oil production had been taken offline. That number will l ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > utilitiesProducerHurricane +4

Ørsted Acquires Deepwater Wind and Creates Leading US Offshore Wind Platform

Ørsted has entered into an agreement with the D.E. Shaw Group to acquire a 100% equity interest in Rhode Island-based Deepwater Wind at a purchase price of USD 510 million. The two companies' offshore wind assets and organizations will be merged into the leading US offshore wind platform with the m ...

OilVoice Press - OilVoice


Posted 11 months agoPress > OrstedOffshorewind +4

Both Natural Gas Supply and Demand Have Increased From Year-Ago Levels

Source: U.S. Energy Information Administration, Natural Gas Monthly , September 2018 In the first half of 2018, U.S. natural gas supply and demand grew significantly compared to the first half of 2017. According to EIA's Natural Gas Monthly , natural gas consumption and exports averaged ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > USAUnited StatesEIA +5

Crude Oil Entering Gulf Coast Refineries Has Become Lighter as Imports Have Declined

Source: U.S. Energy Information Administration, Monthly Imports Report , Crude Oil Input Qualities The density of crude oil processed by U.S. Gulf Coast refineries has become lighter since 2008 as refineries moved away from heavier imported crude oil to lighter crude oil produced in Texas ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > Gulf CoastEIAEnergy Information Administration EIA +6

Encana Announces Agreement to Sell its San Juan Assets

Encana Corporation (Encana) (TSX, NYSE: ECA), announced that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement to sell its San Juan assets, located in New Mexico for US$480 million to Denver-based DJR Energy, LLC. “This transaction is consistent with our strategy a ...

OilVoice Press - OilVoice


Posted 11 months agoPress > EnCanaSan Juan BasinUnited States +7

Touchstone Energy Delivers Full End-to End Infor Finance and Enterprise Asset Management System For New Midstream Oil & Gas Client in Dallas

This once again demonstrates and underlines TouchstoneEnergy's commitment to the Energy sector. Asset management was at the core of business requirements for this Midstream client. They required a solution to control costs and improve profits as well as integrate all the necessary ingredients to ...

Marcus Kelly - TouchstoneEnergy


Posted 11 months agoPress > Transport FuelsTouchstonemidstream +8

Asia Pacific Will Dominate Enhanced Oil Recovery Market, Says Orian Research

The increasing gap between production and demand of fossil fuels is widening. To overcome this gap, companies are using EOR techniques for extraction from reserves that have poor permeability, irregular faultiness, and exhibit heavy oil. Increasing number of aged wells coupled with the rising deman ...

Market Report Wire


Posted 1 year agoPress > Asiaenhanced oil recoveryEnhanced Oil Recovery Market +2

Petsec Energy June 2018 Quarter Results

Operations Net production from USA operations June 2018 quarter: 218 MMcfe (195 MMcf of gas and 3,838 barrels of oil/condensate). USA: Main Pass Blocks 270/273/274, Hummer Project: Announcement of proposed second well on the Hummer Gas/Oil Field, Main Pass Blocks 270/273/274, Offshore Lou ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Petsec EnergyResultsUSA +6

Offshore Support Vessel Market to Reach a Fleet Count of Over 8000 by 2024, Driven by the Rising Number of Hydrocarbon Reserves and O&G Exploration Activities

The exponential rise in oil prices, till date, stands as a major driving force for  offshore support vessel market . That said, it would be imperative to state that apart from oil prices, the increase in oil and gas exploration activities, depleting onshore fuel resources, and the increasing deep ...

Mahesh Gore


Posted 1 year agoPress > Offshore support vessel marketOffshore support vesselOffshore support vessel market size +2

Meet the Future of Oil & Gas Head ON

Ready or not, the North American Oil & Gas Industry must contend with a new normal. A confluence of trends—a new pricing paradigm, rapid growth in renewables, and accelerating technology advancements—is reshaping the industry. Join us for an engaging discussion to learn about the rapid turmoil & tr ...

Kristen Mundy


    CA 02 May 2018


Posted 1 year agoEvent > Oil and Gasoil predictionsindustry insights +8

Cyberhawk’s iHawk software selected by global oil and gas operator to digitise a major construction project in USA

Cyberhawk has been awarded a three-year contract by an oil and gas supermajor to provide a digital asset management solution during the construction of its new world-scale petrochemical complex in the USA. The main construction phase of the project is already underway, which involves the construct ...

Jenny Adams


Posted 1 year agoPress > CyberhawkiHawkUAV +2

How Far Can Shale Go?

Last week, OPEC sounded an alarm. Previously hopeful that the global crude markets would be balanced by June, which would allow it to walk back on the supply freeze that propped prices up at the cost of OPEC market share, the OPEC monthly report raised its expectations for non-OPEC supply for a fou ...

Easwaran Kanason


Posted 1 year agoOpinion > nrgedgeShaleOil +2