Remove Barrel Remove Engineer Remove Engineering
article thumbnail

U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

Oil Gas Leads

million barrels per day (bpd) in 2024 to around 13.6 Production and Market Outlook for 2025 Despite the overall rig count decline, production forecasts remain bullish : The EIA projects that U.S. crude oil production will rise from a record 13.2 million bpd in 2025.

Oil 52
article thumbnail

Unconventionals Analyst v3.2 Enhances Shale Oil and Gas Projects with Advanced Analytics

Exprodat

Unconventionals Analyst – an extension to Esris industry standard ArcGIS Pro desktop GIS application – builds on its already powerful functionality with a host of new capabilities designed to increase the productivity of its user-base of geoscientists, reservoir engineers and GIS professionals. At version 3.2,

Oil 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Kuwaiti Producers Partner With OilPro & KamberFab to Build API Tanks

OilPro

So w hat to do when your client says “but I really want a Canadian-style, non-field erected, engineered, shop-built 2,500 Bbl tank”? Where in the past many such tanks would have been bolted API 12B tanks, now increasingly demands are for engineered higher pressure tanks. In this case it was a little bit easier.

API 52
article thumbnail

Permian Basin Economic and Energy Update: Q4 2024

Oil Gas Leads

per barrel , marking a 5.2% per barrel of oil equivalent (boe) , up 15.6% million barrels per day (bpd) , reflecting a 1.3% Energy Market Trends: Prices on the Rise Crude oil and natural gas prices saw notable increases in Q4. The price of West Texas Intermediate (WTI) crude oil closed the quarter at $71.72

Basin 52
article thumbnail

My Top 5 Features in Unconventionals Analyst v3.2

Exprodat

The initial version of the tool gained many new users and through our support requests we could see they were making many new and innovative gun barrel plots. These further enhancements really enable you to create the gun barrel diagrams that you need, so that drawing them manually should definitely now be history!

Barrel 52
article thumbnail

ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

West Texas NGL Pipeline Expansion The West Texas NGL pipeline is being expanded to 740,000 barrels per day (bpd) to accommodate increasing NGL production. Natural Gas & NGL Infrastructure Expansion ONEOK is expanding its natural gas and NGL (natural gas liquids) infrastructure in the Permian to capture growing production volumes.

Basin 52
article thumbnail

Fifth Circuit Dismisses False Claims Act Suit Alleging Violation Of Offshore Regulations

The Energy Law

BP , the plaintiffs alleged that BP had falsely certified to compliance with regulatory requirements pertaining to the engineering of the Atlantis Platform, a semi-submersible floating production facility capable of producing more than 100,000 barrels/day.