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Scotland – reduce reliance on wind, develop fracking and clathrates research

Scotland should be very wary about further investment in wind power, it should develop fracking for gas, invest in energy storage, and do research into arctic methane clathrates, says Professor Brian Smart, former head of petroleum engineering at Heriot-Watt University Professor Brian Smart, former ...

Petromall Insights


Posted 1 day agoOpinion > ScotlandPowerwind power +2

Using Analytics

I have previously expressed my scepticism about how some of the “big data” learnings from other industries can be applied in oil & gas and I confess that I still need paracetamol for my headache when one of the behemoths of the world, or even of our industry, addresses the topic! However, listening ...

David Bamford


Posted 1 day agoOpinion > Oil and Gas AnalyticsBig DataSeismic +1

Oil price, Far Limited, RockRose Energy, IGas Energy, Solo Oil, plus links on SAVP-SDX-IGas- And finally…

Oil price Yesterday was a bad day for oil, not because it fell but more as it started brightly moving up on general news from Russia and sundry participants that a roll over was increasingly likely at the May meeting. During the day announcements from Libya that it was increasing production (somet ...

Malcolm Graham-Wood - Malcy's Blog


Posted 22 hours agoOpinion > FARRockRose EnergyIGas +2

S. Sudan, Eq. Guinea Enter Petroleum Partnership

South Sudan and Equatorial Guinea have announced a new partnership to advance bilateral relations and boost the oil and gas sectors of the two countries. The Memorandum of Cooperation, signed Monday by Equatorial Guinea's Minister of Mines and Hydrocarbons H.E. Gabriel Mbaga Obiang Lima and South S ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 day agoPress > Equatorial GuineaSouth Sudanpetroleum +2

An OPEC Deal Extension Isn't As Simple As It Sounds

It's been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by OPEC to rebalance the market. The deal--initially aired as ‘an agreement to agree on a deal' in September and signed at the end of Nove ...

Oilprice Staff


Posted 21 hours agoOpinion > oil priceOPEC

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 22 hours agoOpinion > Art BermanThe Petroleum Truth ReportShale +1

Next Geosolutions Awarded Multimillion Euro Contracts to Survey the World’s Longest Interconnector

Next Geosolutions, an independent geoscience and engineering service provider, has been awarded two major survey contracts, which together represent a multimillion euro figure, for the North Sea Link (NSL) project, the first electricity link between UK and Norway.  The first contract, due to commen ...

Lynsey Macready


Posted 1 day agoPress

Utica production declines in 4Q 2016, but early 2017 recovery seems realistic

The latest published well production data from the Ohio Department of Natural Resources (ODNR) suggests that shale gas production in Ohio contracted by 180 MMcfd in 4Q 2016, with only 58 new wells turned in line. This represents a 54% YoY decline in activity compared to 4Q 2015, with rather flat dev ...

Julia Weiss


Posted 1 day agoOpinion > ShaleUticaRystad Energy

Evolution of the major oil company logos

BP In May 1908 a group of British geologists discovered a large amount of oil at Masjid-i-Suleiman in Mohammerah, today the Iranian province of Khuzestan. It was the first commercially significant find of oil in the Middle East. William Knox D'Arcy, by contract with the Emir of Mohammerah, Sheikh ...

OilVoice Press


Posted 10 hours agoOpinion > BPTexacoChevron +2

Oil price, Rockhopper, Sound Energy, And finally…

Oil price A mixed day yesterday, it might have been worse as the EIA inventory stats were worse than forecast at a build of 4.95m barrels against expectations of +1.77m. Crude did stage a late comeback which saved the day to a certain extent. More on the OGA licences later when I have looked at th ...

Malcolm Graham-Wood - Malcy's Blog


Posted 11 hours agoOpinion > Malcy's BlogRockhopper ExplorationSound Energy +1

Low Cost 1 PPM Weld Purge Monitor® designed for the Process Industries

Due to the constant upward trends in Quality Control procedures, there is growing pressure on the Process Industries to carry out their welding in the absence of oxygen to an ever increasingly lower level. Metals such as stainless steel, titanium, zirconium and nickel alloys are now available to the ...

Michaela Reay


Posted 1 day agoPress > huntingdon fusionhuntingdon fusion techniquesweld purging +6

The Wooden Spoon!

https://en.wikipedia.org/wiki/Wooden_spoon_(award ) Yet another article from the Daily Telegraph , this time reporting on the IEA's warning that “$1.3 trillion of oil and gas could be left stranded”. Now this is interesting as they are seeing that the Majors are recognising the risk and securing ...

David Bamford


Posted 9 hours agoOpinion > Stranded ResourcesCarbon CaptureE&Ps +1

Sound Energy - Tendrara: TE-8 - Completion of Drilling

  Sound Energy, the African and European focused upstream gas company, is pleased to announce that TE-8, the third well at the Company's Tendrara licence (onshore Morocco), has now been drilled to a final target depth at a measured depth ("MD") of 3,120 metres, corresponding to a vertical depth o ...

OilVoice Press


Posted 11 hours agoPress > Sound EnergyTendraraDrilling

Amerisur Resources - Reserves & Resources Update

Amerisur Resources Plc ("Amerisur" or the "Company"), the oil and gas producer and explorer focused on South America (LSE: AMER), is pleased to announce an update to the certified reserves and resources for its production assets in Colombia.  Following receipt of an independent reserves report for ...

OilVoice Press


Posted 11 hours agoPress > Amerisur ResourcesReservesResources

Rockhopper - Commencement of international arbitration against Republic of Italy

  Rockhopper Exploration plc (AIM: RKH), the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, announces that it has commenced international arbitration proceedings against the Republic of Italy in relation to the Ombrina Mare project.   ...

OilVoice Press


Posted 11 hours agoPress > Rockhopper ExplorationArbitrationItaly
Last fetch 3/23/2017 8:13:27 PM