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Top 5 Blog Posts from 2019

Coolfire Core

2019 was a year of innovation and collaboration at Coolfire. Before we turn the page on the year, lets take a look back at our top 5 blog posts from 2019. 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.

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd). UNOC is also advancing exploration in the Moroto-Kyoga basins, with preliminary studies aimed at uncovering new oil fields. Algerias Sonatrach will increase hydrocarbon production by 2.5%

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BP Signs Agreement for Kirkuk Oil Fields Development

Iraq Business News: Oil & Gas

BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. It will enable us to bring our experience of managing giant fields to realise the potential of this important asset for Iraq, working alongside and in close partnership with NOC and NGC.

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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.

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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.

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