Remove 2016 Remove Barrel Remove Field
article thumbnail

Top 5 Blog Posts from 2019

Coolfire Core

While the price-per-barrel of oil has recovered since the staggering lows of 2016, its down again from earlier 2019 highs, and may not reach $100/barrel any time soon. Workstream Collaboration For Distributed Field Service Teams Distributed field service teams need operational support. Read Full Text 4.

article thumbnail

Nigeria Oil Industry Overview

Drillers

The country’s first field began producing in 1958 at a rate of 5,100 BPD. billion barrels of proven oil reserves as well as 5.675 trillion cubic metres of natural gas, which explains why the supermajors are not too tired of their problems in Nigeria. How did this happen? Exxon comes next: the U.S.

Oil 52
article thumbnail

Software Is the Missing Piece to Oil & Gas Digital Transformation

Coolfire Core

While the price-per-barrel of oil has recovered since the staggering lows of 2016, its down again from earlier 2019 highs, and may not reach $100/barrel any time soon. At every level, companies must have accurate insight into their operations in order to make proactive and cost-effective decisions.

Oil 52