Popular 1

Exclusive 360 Energy Expert Video Interview: Enverus is a real asset to the energy sector in regular times, let alone in a pandemic.

Exclusive 360 Energy Expert Video Interview: Enverus is a real asset to the energy sector in regular times, let alone in a pandemic.

Enverus three main business units include data, business automation, and trading and risk. They have over 1,700 employees, 6,000 customers across 50 countries. They are the oil and gas industry's leading data, and insights company. They built their base on

Is Depression-Era Production Regulation What OPEC Really Wants To See?

Is Depression-Era Production Regulation What OPEC Really Wants To See?

Journal of Petroleum Technology


Oil & Gas Publishers Note: Excellent piece by Steve Rassenfoss. Our host, Michael Tanner, on the 360 Digital Closing Bell reported on the Texas Railroad Commission has been invited to the next OPEC meeting. This is

Amid Coronavirus, steps President Trump must take to protect American energy

Amid Coronavirus, steps President Trump must take to protect American energy

RealClear Energy

Oil & Gas 360 Publishers Note:

The American oil and gas industry has been navigating some very challenging times.  A variety of ideas have been floated recently regarding how the Trump administration should respond in order to support

Amid Coronavirus, steps President Trump must take to protect American energy

Amid Coronavirus, steps President Trump must take to protect American energy

RealClear Energy

Oil & Gas 360 Publishers Note:

The American oil and gas industry has been navigating some very challenging times.  A variety of ideas have been floated recently regarding how the Trump administration should respond in order to support

Source: Houston Chronicle

Experts: Companies with strong ‘hedge books’ will survive oil war

Houston Chronicle


Oil companies that locked in part of their production at prices before the oil war between Russia and Saudi Arabia are in a better position to survive record low commodity prices, experts said.

Muscling for dominance and seeking …

Diamondback Energy, Inc. Provides Operational Update

Diamondback Energy, Inc. Provides Operational Update

March 9, 2020 - 6:30 am Popular 1, Press Releases
Iran is closer ‘than ever before’ to regime collapse, says former Obama security advisor

Iran is closer ‘than ever before’ to regime collapse, says former Obama security advisor

CNBC


  • Amid protests fueled by popular anger over the government’s handling of a downed passenger jet, some argue this is the most vulnerable the Islamic Republic’s regime has been since its founding in 1979.
  • Thousands of Iranians are estimated to
GEOPARK announces record 2019 certified 2P reserves of 197 MMBOE valued at NPV10 of $2.8 billion

GEOPARK announces record 2019 certified 2P reserves of 197 MMBOE valued at NPV10 of $2.8 billion

GeoPark


Oil & Gas 360 Publishers Note: GeoPark will be presenting at EnerCom Dallas at 10:05 Tuesday Febuary 11th. The presentation will be live streamed at enercomdallas.com

IN COLOMBIA: 1P, 2P AND 3P RESERVE REPLACEMENT RATIOS OF 200+%
AND

GEOPARK announces new gas field discovery CHILE

GEOPARK announces new gas field discovery CHILE

Oil and Gas 360


Oil and Gas 360 Publishers Note: GeoPark is presenting at EnerCom Dallas The Energy Investment Conference on Wednesday, Febuary 12, 2020 at 10:05am (MST). Please sign up to attend, all of our presentations will be streamed

Source: Reuters/Rodrigo Garrido

U.S. lifts Iran sanctions on one unit of Chinese shipping giant COSCO

Reuters


WASHINGTON – The United States on Friday lifted sanctions on one of two units of the Chinese tanker company COSCO, the U.S. Treasury said, partially reversing its punishment on the company for transporting Iranian oil after China complained about …

Source: Houston Chronicle

Cheniere Energy’s 1,000th LNG cargo headed to France

Houston Chronicle


Houston liquefied natural gas company Cheniere Energy hit a milestone 1,000th export shipment of LNG — and the cargo is headed to France.

The Norwegian-flagged LNG tanker Hoegh Galleon left the company’s Corpus Christi LNG export terminal with …

Permian Prospect For Sale

Permian Prospect For Sale

The following information is provided by Energy Advisors Group Inc. (EAG), formerly PLS Divestment Services. All inquiries on the following listings should be directed to EAG. EnerCom Inc. is not a brokerage firm and does not endorse or

EIA expects U.S. net natural gas exports to almost double by 2021

EIA expects U.S. net natural gas exports to almost double by 2021

EIA


EIA forecasts these deliveries to account for an increasingly larger share through 2021 as new LNG facilities are placed in service and new pipelines in Mexico that connect to U.S. export pipelines begin operations.

 

EIA expects U.S. net natural gas exports to almost double by 2021 - oilandgas360

In its Short-Term Energy

How corporations big and small are betting on renewable solutions to combat climate change

How corporations big and small are betting on renewable solutions to combat climate change

How corporations big and small are betting on renewable solutions to combat climate change

Indonesia Energy Corporation Announces 2020 Development Plans

Indonesia Energy Corporation Announces 2020 Development Plans

Indonesia Energy Corporation Announces 2020 Development Plans

Aramco raises $29.4B in world’s biggest initial public offering

Aramco raises $29.4B in world’s biggest initial public offering

Aramco raises $29.4B in world’s biggest initial public offering

Source: Reuters

Occidental starting widespread layoffs in Houston and beyond

Chron

 


Occidental Petroleum is initiating a broad layoff effort this week that will stretch from Houston to Denver as the Permian Basin’s leading oil producer aims to cut costs in the aftermath of its massive $38 billion acquisition of …

1. Andrés Manuel López Obrador, who took over as Mexico’s president late in 2018, immediately made moves to roll back energy reforms instituted under the previous administration of Enrique Peña-Nieto. Among his actions was to give more influence to state-owned companies in the country’s energy strategy. Source: Office of the President / Government of Mexico

Obrador Administration rolling back energy reform in Mexico –

Power


Oil and Gas 360 Publisher’s note: Mexico’s importing of U.S. natural gas is going to grow exponentially as the pipelines from the United States come on line in the near future. The bottom line: The current administration wants to …

The energy agency that could thwart Democrats’ climate plans

The energy agency that could thwart Democrats’ climate plans

Politico


Sens. Bernie Sanders and Elizabeth Warren have endorsed a call to reshape FERC as a climate regulator, but is it necessary for a Green New Deal?

 

Democratic presidential candidates’ promises to fight climate change could hinge on whether

Colorado is dead-last in survey of top spots for oil and gas investments

Colorado is dead-last in survey of top spots for oil and gas investments

Colorado has rapidly tumbled down the list of being an oil and gas friendly state.

According to a recent survey of oil and gas executives released by the Fraser Institute, an independent Canadian think-tank, Texas is the most attractive location

Shell signs innovative $10 billion revolving credit facility

Shell signs innovative $10 billion revolving credit facility

Shell


The $10 billion unsecured revolving credit facility consists of a five-year, $8 billion revolving credit facility, and a one-year, $2 billion facility.

Shell signs innovative $10 billion revolving credit facility -oilandgas360

Royal Dutch Shell plc (“Shell”) today announces that it has signed a $10 billion revolving credit …

Source: nasdaq.com

What deeper OPEC+ oil output cuts mean for the market

Reuters


Saudi Arabia and Russia led a deal on Friday in which OPEC and its allies committed to deeper oil output cuts in the first quarter of 2020 aiming to avert oversupply and support prices.

The group of more than …

Source: unitcorp.com

Unit Corporation announces extension of early tender date of exchange offer

Oil and Gas 360


Unit Corporation- Tulsa, Okla- (NYSE – UNT) (the “Company” or “Unit”) announced that it has extended the Early Tender Date for its previously announced offer to exchange (the “Exchange Offer”) any and all of its outstanding …

Source: Houston Chronicle

Drilling Down: Top 10 drilling rig companies in Texas and their customers

Houston Chronicle


Some 368 horizontal drilling rigs are in operation in Texas, and more than half of them belong to three drilling companies.

In figures exclusively provided to the Houston Chronicle, the Austin oilfield data firm Enverus reports that Tulsa-based …

December 2, 2019 - 10:08 am Closing Bell Story‎, Crude Oil News, Energy News, Popular 1
More new oil and gas inventory coming from mergers, not exploration

More new oil and gas inventory coming from mergers, not exploration

Houston Chronicle


Increasingly more recoverable barrels of oil and gas around the world are coming from corporate mergers and acquisitions, and not from traditional exploration.

As the oil and gas sector cuts down on exploration in order to save money …

Pierre Bechelany (center), Fluor's president of Pipelines & LNG, signs contract. (Photo: Business Wire)

Fluor, JGC and Technip to work Rovuma LNG Project in Mozambique

Fluor Corporation (NYSE: FLR) announced today that a consortium of Fluor, JGC Corporation of Japan and TechnipFMC of France was awarded an engineering, procurement and construction contract by Mozambique Rovuma Venture S.p.A. (MRV) for its Mozambique Rovuma Liquefied Natural Gas …

Source: Reuters

Exxon, Chevron see consolidation in top U.S. shale field

From Reuters


The two largest U.S. oil and gas companies on Tuesday left the door open for more acquisitions in the country’s top shale field.

Exxon Mobil Corp (XOM.N) expects to see industry consolidation to happen “over some …

Source: SitePro

How do Oil & Gas Companies Reach Cash Flow Nirvana?

Compiled by Tyler Jones, Oil & Gas 360


Oil and gas companies are leveraging Machine Learning and Artificial Intelligence to reduce cost and improve returns.

The timeline on which investors in the oil and gas space expect a return on …

Source: EPIC Midstream

EPIC Pipeline Makes First Crude Delivery to Corpus Christi

By Tyler Losier, Energy Reporter, Oil & Gas 360

EPIC Y-Grade pipeline begins delivering crude to various terminals in Corpus Christi and Ingleside, Texas
EPIC Midstream LLC, through EPIC Crude Holdings LP, has begun interim crude service on its 24”

Taronis Generates Record Quarterly Revenues of $5.9 Million

Taronis Generates Record Quarterly Revenues of $5.9 Million

August 19, 2019 - 9:30 am Popular 1, Press Releases