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More and more robots are being used in the oil and gas industry

The oil and gas industry is increasingly being disrupted by an increasing IoT presence, as sensors and other devices help operators monitor the various equipment on-site at many extraction facilities and refineries. In addition to standard IoT devices like sensors, robots will increasingly play a ...

OilVoice Press - OilVoice


Posted 2 years agoLink > Oilrobots

Trump’s Vow To “Unleash An Energy Revolution” May Send Oil and Gas Tumbling In 2018

President Trump's vow to “unleash an energy revolution” by reversing regulations may send oil and natural gas prices tumbling in 2018, according to Bank of America Merrill Lynch. Though U.S. oil and natural gas producers could see a surge in investment under Donald Trump's numerous proposals from ...

OilVoice Press - OilVoice


Posted 2 years agoLink > Donald Trumpoil price

Oil and Gas Networking Website Oilpro Says It’s Shutting Down

Houston—Oilpro, a networking and social media website geared to the oil and gas industry, said Monday it is shutting down operations. Oilpro's shutdown comes eight months after its founder David Kent pleaded guilty to one count of computer fraud in US District Court, Southern District of New York ...

OilVoice Press - OilVoice


Posted 1 year agoLink > oilpro

Why — and where — oil and gas mergers are finally making a comeback

Oil and gas players are finally inking new mergers and acquisitions, after nearly two years of moribund deal activity. Deal-making hit a soft spot following the 2014 oil bust as banks tightened lending to distressed drillers and buyers and sellers remained at odds over the value of energy assets. ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > mergeracquisitions

Oil, Gas Exploration Spend to Fall to 12-Year Low as Prices Bite

Global spending on oil and natural gas exploration is set to fall next year to the lowest level in 12 years as the industry cuts costs and shuns more expensive areas such as the Arctic, according to Wood Mackenzie Ltd. Chevron Corp. said this week it would reduce spending on oil exploration and o ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > explorationoil price

Recommendations to Maximise Returns on Oil and Gas Investments

Calculate Estimated Expected Cash Flow Cash flow is one of the deciding factors when identifying lucrative oil and gas investments, especially when it comes to developing well sites. When calculating a project's expected cash flow, it is essential to consider relevant data regarding future costs ...

Ryan Wright - FIG Tree Capital Ventures LLC


Posted 2 years agoLink > Oil and Gas Investments

Oil and the Saudi Arabia threat

The big picture is struggle between Iran and Saudi Arabia to dominate the region or Islamic Middle East.It was the take-over generation that switched Saudi Arabia oil strategy from an anti-American shale and sand price and market share war against West Texas Intermediate oil to a reduction of outp ...

Will Fine


Posted 1 year agoLink > Saudi ArabiaSaudi Aramcooil price +35

Energy expert Daniel Fine examines Trump plan for U.S. energy ‘dominance’

The Trump administration has pushed an energy policy based on the notion of American self-sufficiency and energy “dominance.” Daniel Fine, associate director of the New Mexico Center for Energy Policy and senior policy analyst for the New Mexico State Department of Energy, Minerals, and Natural R ...

Will Fine


Posted 1 year agoLink > Permian BasinWhite HouseEnergy policy +51

Breathing easier in NM's oil patch

“Before, we weren't even making enough money for that … Some of the large companies are ramping up spending, but for smaller guys like me, it's still a struggle, because we need higher prices in the mid-$60 (per barrel) range for new work-overs to expand production.” That, in turn, pushed the sta ...

Will Fine


Posted 1 year agoLink > Dr. Daniel FineNew MexicoPermian +21

Producers employ tech innovations to keep lid on costs

ALBUQUERQUE, N.M. — Devon Energy Corp. manages all its oil operations in southeast New Mexico directly from a command-control center on the 44th floor of its Oklahoma City headquarters. Technology like WellCon, combined with a broad array of other high-tech innovations directly in the oil fields, ...

Will Fine


Posted 1 year agoLink > Dr. Daniel FineNew MexicoTechnology +25

In The Oil Patch – Dr. Daniel Fine (ep. 123)

In The Oil Patch – Episode 123: host Kym Bolado and her cohost Alvin Bailey welcome Dr. Daniel Fine onto the show! Dr. Fine is with the New Mexico Center for Energy Policy and he does not hold back any of his thoughts in this episode. This is definitely a must-listen show!

Will Fine


Posted 1 year agoLink > OPECKingdom of Saudi ArabiaSaudi Arabia +39

Texas Panhandle group calls on Trump to change oil trade practices

“It's a core industry in that it reduces poverty and it increases the standard of living for people,” said Tom Cambridge, PIRI facilitator and petroleum geologist at Amarillo's Cambridge Production Inc. “We think that having a stable oil supply in this country that is not threatened by Saudi Arabi ...

Will Fine


Posted 1 year agoLink > ShaleTradePresident of the USA +13

Overcapacity and the price of oil

Overcapacity and the price of oil Dr. Daniel Fine, New Mexico Center for Energy Policy 12:00 a.m. MT June 25, 2017 Daniel Fine, associate director of New Mexico Center for Energy Police at New Mexico Tech and a project leader of the Energy Police, State of New Mexico Department of Energy Minerals ...

Will Fine


Posted 1 year agoLink > OccidentalTexas Oil and GasTexas +21
Last fetch 4/21/2019 11:14:07 AM