Friday, July 24, 2026
Barry caused 330,000 barrel drop in Gulf oil production - oil and gas 360

Barry caused 330,000 barrel drop in Gulf oil production

Source: Houston Chronicle The evacuation of oil platforms in the Gulf of Mexico during Hurricane Barry caused oil production there to fall more than 330,000 barrels in July, the U.S. Energy Information Administration said Wednesday. The agency estimates more than 280 platforms were evacuated, causing 70 percent of Gulf oil wells to be shut in. “This hurricane-related decrease was the

Weatherford lands three contracts in Iraq - oil and gas 360

Weatherford lands three contracts in Iraq

Source: Houston Chronicle Struggling oilfield service company Weatherford International has landed three contracts in the oil fields of Iraq. In a statement released Tuesday afternoon, Weartherford reported that the company has been awarded a pair of two-year drilling rig contracts and a five-year oil well service contract in the Middle Eastern nation. Financial terms were not disclosed and the customer’s