USA


All posts for USA

Shale Cost Reductions Are 10% Technology and 90% Industry Bust

I am tired of hearing about the unbelievable impact of technology on collapsing U.S. shale production costs. The truth is that these claims are  unbelievable. The savings are real but only about 10% is from advances in technology. About 90% is because the oil industry is in a depression and oil fi ...

Art Berman - The Petroleum Truth Report


Posted 1 year agoOpinion > Art BermanThe Petroleum Truth ReportShale +1

Subsea controls

Ideal for anyone new to subsea controls or working in associated support roles, this course explains how control systems operate and the engineering principles involved. This course will give you the opportunity to see what different parts of the system look like, get an independent comparison of th ...

Jee Training


Aberdeen   Scotland   GB 05 Dec 2017


Posted 2 years agoTraining > Subsea controlssubsea equipmentSpecialist Subsea Services +11

Risers, umbilicals and flexibles

Explaining the different types, their uses, design, installation methods and operational considerations, this four day course also covers integrity management activities to inspect and maintain equipment and efficient operations. Can't make these dates? We also offer this course online. Learn more ...

Jee Training


Houston   TX   US 21 Mar 2017


Posted 2 years agoTraining > subsea pipelinespipeline installationSpecialist Subsea Services +7

Subsea systems

This four day course will help you develop your knowledge of subsea equipment, market drivers and issues affecting subsea production. Demonstrating how subsea systems are integral to subsea production, the tutor will explain in detail system configurations, spoolpieces, trees, control systems, umbil ...

Jee Training


Aberdeen   Scotland   GB 23 Jan 2018


Posted 2 years agoTraining > HoustonUSASubsea systems +3

Chevron Announces Sale of Geothermal Operations

Chevron Corporation (NYSE:CVX) announced that its wholly-owned subsidiaries have entered into a sales and purchase agreement with Star Energy Consortium to sell Chevron's Indonesian and Philippines Geothermal assets. “These assets deliver reliable energy to support the needs of Asia-Pacific's grow ...

OilVoice Press - OilVoice


Posted 2 years agoPress > ChevronGeothermalUSA

U.S. Shale Is Now Cash Flow Neutral

Oil prices are probably already high enough to spark a rebound in shale production. The IEA says that in the third quarter of 2016, the U.S. shale industry became cash flow neutral for the first time ever. That isn't a typo. For years, the drilling boom was done with a lot of debt, and the revenue ...

Oilprice Staff


Posted 2 years agoOpinion > oil priceUSAShale

The Fate of OPEC Deal: What's Coming Next

OPEC - NON OPEC Deal has certainly helped oil to enter bullish trend once again. But I have reasons to believe that oil is going to slip towards bearish market sooner than being anticipated. Crude oil prices rose above $56/bbl for the first time in 2016 after OPEC and Non-OPEC reached an agreement o ...

Fayaz Ahmed


Posted 2 years agoOpinion > oil priceOPECUSA

My Bakken Oil Field Diaries: Will Bakken Ever Rock Again ?

I still vividly remember that freezing Saturday night of Feb 7th, 2015 with 22 degrees of frost at Williston, North Dakota; waiting in a warm lounge for Jefferson Line Bus having departure from Williston, ND to Minneapolis, MN at 3 am. As clock struck 8 pm, a blonde lady in her middle age requested ...

Fayaz Ahmed


Posted 2 years agoOpinion > shale oilShale GasUSA

ExxonMobil’s Energy Outlook Projects Population, Economic Growth to Drive Energy Demand

Global population growth of nearly 2 billion, a doubling of worldwide economic output and rapid expansion of the middle class in emerging economies are all expected to contribute to energy demand growth of about 25 percent from 2015 to 2040, according to ExxonMobil's 2017 Outlook for Energy: A View ...

OilVoice Press - OilVoice


Posted 2 years agoPress > ExxonMobilEnergy OutlookUSA

Statoil wins offshore wind lease in New York

Statoil will now have the opportunity to explore the potential development of an offshore wind farm to provide New York City and Long Island with a significant, long-term source of renewable electricity. Statoil submitted a winning bid of $42,469,725 during the online offshore wind auction concl ...

OilVoice Press - OilVoice


Posted 2 years agoPress > New YorkUSAoffshore wind +1

Not So Prolific: U.S. Shale Faces A Reality Check

The collapse of oil prices has forced the U.S. shale industry to slash production costs. In order to improve the “breakeven” costs for the average shale well, the industry has deployed three general strategies: improving techniques and technology, such as drilling longer laterals or using more frac ...

Oilprice Staff


Posted 2 years agoOpinion > oil priceUSAShale

Trump faces dilemma as U.S. oil reels from record biofuels targets

By Chris Prentice | NEW YORK NEW YORK The Obama administration signed its final plan for renewable fuel use in the United States last week, leaving an oil industry reeling from the most aggressive biofuel targets yet as President-elect Donald Trump takes over.The Renewable Fuel Standard (RFS) pr ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > TrumpUSAbiofuel +1