Mineral Resources Director Lynn Helms, the state’s top oil regulator, said about 20% of drilling activity is now outside of the “core” areas of the…
Tag: Oilfield
Canada’s energy sector is working to benefit all Canadians
Canada’s progressive energy sector is working every day to benefit Canadians from coast to coast. It’s a story all Canadians deserve to hear – and…
U.S. economic data not looking good – Oil prices sink
Oil prices sink as weak U.S. economic data dims demand outlook. – cnbc.com Brent crude futures lost 49 cents, or 0.8%, to $58.76 a barrel,…
The Drilling struggles and improvements
The drilling industry has seen a significant slowdown in the last quarter. With WTI Crude price struggling to stay above the $60 per barrel, drilling…
Judge reopens fracking ban case without objections in Colorado
The Longmont Times-Call reported Friday that the ruling reopens a case examining the legality of Longmont’s voter-approved fracking ban without hearing the plaintiff’s objections. Officials…
T. Boone Pickens dies at 91
T. Boone Pickens, a celebrated corporate raider and energy industry magnate who built an empire out of an initial $2,500 investment, died on Wednesday at…
Blockchain in Bakken “North Dakota” oilfield
In a bid to lower administrative costs in their field operations while also reducing payment disputes and chances for fraud, The OOC Oil & Gas…
More Oil With Less Drilling Rigs
According to a recent Bloomberg story: “In June 2014, the U.S. pumped 8.4 million barrels of crude using 1,545 drilling rigs. Last month, it produced…
Colorado governor Polis: Your jobs are valued, and you’re an important part of the diversity of our state
“Your jobs are valued, and you’re an important part of the diversity of our state,” Polis says. Colorado governor tells oil and gas industry that…
A Perfect storm is approaching Liberty Oilfield Services
The Permian Basin is responsible for the greatest oil production gains in the U.S. in recent years. Over the past eight years, there has been phenomenal…
Consolidation In The Pressure Pumping Secture
Having a quite-fleet might not be enough to survive in the ever-volatile pressure pumping sector. As the fracking companies push for more economically viable frac…
A Failure Of OPEC+ Could Turn The U.S. Oil Boom Into Another Bust?
By David Blackmon The prevailing conventional “wisdom” appears to be that they will take their medicine one more time, and agree to at least extend…
Crude Oil slipping half a percent to the weakest closing price since Feb
U.S. West Texas Intermediate crude futures settled 25 cents lower at $53.25 per barrel, slipping half a percent to the weakest closing price since Feb….
Crude Oil as the new weapon in the U.S and China trade war?
As the U.S.-China trade war continues to escalate, Beijing and its energy giants appear to be bracing for a worst-case scenario where the spat would…