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Author: News

March 26, 2019

The Clock is ticking for Oil gas in Colorado

OilField

Senate Bill 19-181, the oil and gas regulations bill, continues to advance in Colorado Legislature The bill, which would change the mission and makeup of…

News
March 26, 2019

Millennials and Generation Zs want Oil and Gas Jobs – But are they lazy?

News

The oil and gas industry is facing strong competition in attracting science, technology, engineering and mathematics (STEM) talent, with 44% of STEM Millennials and Generation…

News
March 25, 2019

PetroChina’s capex last year was more than BP, Chevron and ConocoPhillips put together

OilField, PetroChina

China oil industry boom PetroChina went on a spending splurge last year. Its 256 billion yuan ($38 billion) in capital expenditures in 2018 was more…

News
March 25, 2019

The Bakken accounted for 40% – 50% of nationwide horizontal re-frac activity

OilField

The horizontal re-frac market within the US onshore scene has boomed in recent years, with the number of horizontal re-frac jobs increasing every year over…

News
March 23, 2019

The U.S oil industry is boosting the economy

OilField

Even as America grabbles with its love-hate relationship with fossil fuels, the ongoing fracking revolution that’s turned the U.S. into the leading global oil producer…

News
March 22, 2019

Texas and Louisiana Rig count dips

Drilling Rig

The price of WTI crude oil was down 2.5 percent to $58.46 per barrel on Friday after Baker Hughes A GE Co BHGE released its…

News
March 22, 2019

SM Energy Company & Carrizo Oil & Gas merger in the works?

Business

SM Energy Company “SM” recently had a discussion with Carrizo Oil & Gas, Inc. CRZO about a merger reported Bloomberg. The source didn’t provide any…

News
March 22, 2019

The EIA said crude stocks fell, the biggest since July

Commodities

The EIA said crude stocks fell by 9.59 million barrels in the week ending March 15, the biggest since July 2018 and compared to a…

News
March 22, 2019

Vietnam’s Multi-Million Dollar Oilfield Loss in Venezuela

News

The U.S sanctions causing economic collapse in Venezuela and in turn cause a  multi-million dollar loss for Vietnam. The Vietnam – Venezuela $12 billion oilfield…

News
March 22, 2019

Is the Saudi-OPEC Alliance at a Tipping Point?

Commodities

The Organization of the Petroleum Exporting Countries (OPEC) struggled when oil fell back into the $40s in December and January. The organization is committed to…

News
March 21, 2019

Boulder residents push anti Oil Industry agenda on all of Coloradans

Politics

Climate change bill lands in the Colorado House. Bill sets carbon standards to 2005 levels, empowers state agency to regulate oil and gas, utilities. More…

News
March 21, 2019

Oil traders are tracking the mobile phones of oilfield workers

Commodities

Oil traders are tracking the mobile phones of workers at any given plant in the U.S, looking for the arrival of support crews that could…

News
March 21, 2019

Uncertainty in the Colorado oilfield – Is this the end of Colorado Oil Boom?

OilField

Over the next couple years, the uncertainty in Colorado will be heightened as rules are rewritten and lawsuits fly over new local-government rules. As #SB181…

News
March 20, 2019

Team Liberty is drinking fracking fluid?

Liberty Oilfield Services

Team Liberty is drinking frac fluid? Yip, to illustrate that frac fluid is not health risks from fracking but lack of access to affordable energy…

News

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