Post Tagged with: "technology"

Source: Houston Chronicle

BP building plastic recycling pilot plant in Illinois

Source: Houston Chronicle


The British energy major BP said Thursday it will build a new pilot plant for recycling plastics at its refining complex in Illinois.

The $25 million pilot plant, which is expected to be completed next year, would …

Source: ExxonMobil

ExxonMobil Partners with Carbon Capture Company

By Tyler Losier, Energy Reporter, Oil & Gas 360

ExxonMobil partners with Mosaic Materials in order to pursue carbon capture technology
ExxonMobil (stock ticker: XOM), an international oil and gas supermajor, has partnered with Mosaic Materials, a chemicals and engineering

Source: Data Gumbo

Tech Leads U.S. Stocks Higher; Oil Gains 

From Reuters


U.S. stocks gained ground on Monday at the onset of a heavy earnings week, while European shares inched higher as investors took heart from potential progress in U.S.-China trade talks and increasing geopolitical tensions sent oil prices climbing.…

How Crestwood Zips Crude, Condensate and Water Through the Cloud

How Crestwood Zips Crude, Condensate and Water Through the Cloud

IoT, cloud computing, custom aps, telematics, embedded tech boost efficiency and safety for Crestwood Equity Partners “tip to tail”

From CCJ

Crude oil prices fell rapidly during the fourth quarter of 2014 as global output exceeded demand. The change of …

June 18, 2018 - 10:28 am Closing Bell Story‎, Energy News, Midstream
How the U.S. Will Handle the OPEC-Russia Spigot

How the U.S. Will Handle the OPEC-Russia Spigot

Except for a small drop in the amount of oil produced in 2016, with return to the upswing in 2017, American production has been on a steady increase ever since 2008. Even during the 2014-2016 price crash, U.S. E&Ps hunkered …

National Oilwell Varco: Six-Quarter Streak Snapped

National Oilwell Varco: Six-Quarter Streak Snapped

National Oilwell Varco (ticker: NOV) reported a first quarter 2018 net loss of $68 million, or $(0.18) per share.

Revenues for the first quarter were $1.8 billion, a decrease of 9% compared to the fourth quarter of 2017 and an …

Precision Drilling Increased Rig Automation, Exits 2017 with 63 Active Rigs

Precision Drilling Increased Rig Automation, Exits 2017 with 63 Active Rigs

Targets 2018 upgrades to stay below $34 million

Precision Drilling Corporation (ticker: PDS) had fourth quarter 2017 revenues of CDN$347 million, an increase of 15% over Q4 2016. Precision posted a Q4 2017 net loss of CDN$47 million, or (CDN$0.16) …

Weatherford: Net Loss of $1.94 Billion

Weatherford: Net Loss of $1.94 Billion

Weatherford International plc (ticker: WFT) reported a net loss of $1.94 billion, or a loss of ($1.95) per share for the fourth quarter of 2017. Non-GAAP net loss for the fourth quarter of 2017, excluding charges and credits, was $329 …

EcoStim Energy Solutions to Present at EnerCom Dallas 2018

EcoStim Energy Solutions to Present at EnerCom Dallas 2018

EcoStim Energy Solutions (ticker: ESES) provides hydraulic fracturing technology using turbine and conventional pumping fleets with advanced fluids, diverter systems and pin-point completion systems.

The company began its initial operation in Argentina with a small spread in 2015. In the …

EnerCom Dallas 2018 Presenter: Core Laboratories

EnerCom Dallas 2018 Presenter: Core Laboratories

Core Laboratories (ticker: CLB) provides proprietary and patented Reservoir Description and Production Enhancement services to the global upstream industry.

Core Laboratories develops and acquires technologies that complement its existing products and services, disseminating these technologies throughout a global network. The …

January 18, 2018 - 4:33 pm Closing Bell Story‎, EnerCom Dallas 2018, Energy News, Fracing
EnerCom Dallas Presenter Superior Drilling Products Showing Technology in ME with Weatherford

EnerCom Dallas Presenter Superior Drilling Products Showing Technology in ME with Weatherford

Superior Drilling Products, Inc. (ticker: SDPI) will be presenting at the EnerCom Dallas oil and gas investor conference. Superior is a drilling tool technology company based in Vernal, Utah.

Q3 2017 highlights

  • Tool revenue increased 72% over prior-year period
  • Revenue
January 16, 2018 - 4:34 pm Closing Bell Story‎, EnerCom Dallas 2018, Energy News
Flotek Industries Presenting at EnerCom Dallas Feb. 21-22, 2018

Flotek Industries Presenting at EnerCom Dallas Feb. 21-22, 2018

Flotek Industries (ticker: FTK), with headquarters in Houston, Texas, develops and delivers prescriptive chemistry-based technology, including specialty chemicals, to global clients in the energy, consumer industrials and food & beverage industries.

Highlights from Flotek’s Energy Chemistry Technologies include:

  • Segment revenues
Superior Drilling Products:  Demand Heading Up with Rig Count

Superior Drilling Products:  Demand Heading Up with Rig Count

Superior Drilling Products (ticker: SDPI) specializes in designing and building products meant to optimize the drilling process. Superior offers five products geared towards advancing drilling efficiency and two services to benefit operating companies during their drilling activities.

Eliminating problems downhole

The Oil & Gas Industry is not Running out of Ideas

The Oil & Gas Industry is not Running out of Ideas

An EnerCom Special Report: Technology is Driving Returns

Parke A. Dickey, petroleum geologist, once said, “We usually find oil and gas in new places with old ideas. Sometimes, also, we find oil and gas in an old place with a …

Exclusive Interview with Dr. Will Fleckenstein, Colorado School of Mines

Exclusive Interview with Dr. Will Fleckenstein, Colorado School of Mines

The low prices of oil are having an impact on hiring, but students are optimistic and are still coming in, believing the drop in prices is temporary, Colorado School of Mines Professor Will Fleckenstein told Angie Austin at EnerCom’s The …

Petrobras oil output in the pre-salt cluster surpasses 1 million barrels per day

Rio de Janeiro, June 8, 2016 – Petróleo Brasileiro S.A. – Petrobras announces that its total production of oil and natural gas in May was of 2.83 million barrels of oil equivalent per day (boed), 5% higher than the volume …

June 10, 2016 - 1:21 pm Closing Bell Story‎, Energy News, International
Core Laboratories Brings Technological Innovation to the Oil Field

Core Laboratories Brings Technological Innovation to the Oil Field

Core Laboratories (ticker: CLB) presented at EnerCom’s The OilServices Conference 14 in San Francisco on March 9, 2016. Core Laboratories is a leading provider of proprietary and patented reservoir description, production enhancement, and reservoir management services used to optimize petroleum …

Future Innovations in Shale Gas

Future Innovations in Shale Gas

The Shale Gas Innovation & Commercialization Center announced the 14 finalists for this year’s shale gas innovation contest. Four of the finalists will be selected as winners and receive $25,000 each to help develop their ideas. The fourteen finalists are:…

March 31, 2015 - 6:51 pm Oil and Gas 360 Articles
U.S. Seismic deploying fiber optics to digitize the sub-surface

U.S. Seismic deploying fiber optics to digitize the sub-surface

New micro-seismic sensor technology providing sharper images of the subsurface

OGFJ (October 2013 Issue) – The current shale revolution was thrust into motion by a few key components: the ability to perform directional drilling (allowing companies to drill horizontally), and …

October 21, 2013 - 11:29 am Oil and Gas 360 Articles
Man, I Keep Missing that One! Core Lab: a Valuable Value

Man, I Keep Missing that One! Core Lab: a Valuable Value

How is value measured? Analysts talk and write about a stock because the company creates value. Does “value” mean “cheap?” Buy low, sell high. That formula is not working with Facebook (ticker: FB) at the moment. That’s more like buy …

May 30, 2012 - 7:21 pm Analytics, Oil and Gas 360 Articles

Getting More with Core Lab

Core Laboratories (NYSE: CLB) describes itself as “a leading provider of proprietary and patented reservoir description, production enhancement and reservoir management services for the global petroleum industry. These services enable the company’s clients to optimize reservoir performance and maximize hydrocarbon …

April 13, 2012 - 8:12 pm Analytics, Oil and Gas 360 Articles, Regulatory

Core Laboratories Presents at EnerCom's The Oil & Services Conference™ 10

David Demshur, Chief Executive Officer, and Richard Bergmark, Chief Financial Officer of Core Laboratories N.V. (NYSE: CLB) presented today at EnerCom’s The Oil & Services Conference™ 10. Core Laboratories is a leading provider of proprietary and patented reservoir description, production …

February 22, 2012 - 2:12 pm International, Oil and Gas 360 Articles, Oilfield Services

The Sun Never Sets on Core Laboratories; Posts Record Q4'11 and Year-End 2011 Results

On February 1, 2012, Core Laboratories (NYSE: CLB) reported fourth quarter 2011 and full-year earnings results. Core Lab reported Q4’11 net income of $53,076,000, an increase of 29% from Q4’10. Earnings per share during Q4’11 were $1.11 per share, an …

February 2, 2012 - 3:35 pm International, Oil and Gas 360 Articles