Reporting Oil and Gas

NOVEMBER 23, 2023

The management of the Tema Oil Refinery (TOR) has been directed by the Office of the Special Prosecutor to suspend its proposed partnership agreement with Tema Energy and Processing Limited. Although the Tema Oil Refinery has a capacity to refine 45,000 barrels of oil per day, its operations have been inconsistent.

Refinery 52

Refinery Energy Energy Management 52

Exprodat

AUGUST 6, 2024

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

Barrel Completion Management Engineering 52

Oilholics Synonymous Report

JANUARY 29, 2025

But only recently have petrochemists managed to create pathways and additional steps for synthesising longer-chain hydrocarbons such as butylene, ethylene, propylene, and ultimately kerosene / jet fuel. This too is a long-established process. This is massive if achieved on a commercial scale.

E&A 130

E&A Sustainable Sustainability Energy 130

Coolfire Core

JANUARY 2, 2020

The former manages the flow of digital information (read: data), while the latter manages the operation of physical processes and the machinery used to carry them out. 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.

Supply Chain 52

Supply Chain Field Management Oil 52

Rextag

DECEMBER 18, 2024

billion barrels of recoverable oil , a staggering prospect that set the stage for the U.S. million barrels of oil equivalent per day (boe/d) globally. million barrels of oil equivalent by 2005. Permian Basin Pioneer: Projects here used CO injection to produce an extra 1 million barrels annually by 2005. shale revolution.

Oil 52

Oil Exploration and Production Gas Hydraulic Fracturing 52

Rextag

JANUARY 29, 2025

Headquartered in Birmingham, Alabama, Diversified Energy specializes in acquiring and managing legacy natural gas wells, with a market capitalization exceeding $800 million as of last Friday. Mavericks operations currently yield an average of 77,000 barrels of oil equivalent per day.

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Energy Energy Basin Oil 40

Oil Gas Leads

MARCH 10, 2025

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

Oil Engineering Engineer Gas 52

Rig Skills

MAY 25, 2020

DP -Drill pipe HWDP – Heavy weight drill pipe DC – Drill collar BOP – Blow out preventer TDS – Top drive system WOB -Weight on bit ROP – Rate of penetration GPM – Gallon per minutes SPP – stand pipe pressure VFD Variable frequency drive SCR -Silicon controlled rectifier AC -Alternating current DC – direct (..)

Drilling rig 52

Drilling rig Rig Operator HSE BBL 52

Iraq Business News: Oil & Gas

FEBRUARY 25, 2025

The initial phase includes oil and gas production exceeding three billion barrels of oil equivalent, while the wider resource opportunity across the contract area is believed to include up to 20 billion barrels of oil equivalent.

Field 40

Field Oil Exploration and Production Gas 40

Coolfire Core

OCTOBER 15, 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. Heres how the use of low-power sensors and edge computing is already boosting visibility and efficiency: Equipment management and predictive maintenance.

Oil 52

Oil Gas Supply Chain Field 52

Energy Transfer

FEBRUARY 12, 2025

On the call, management referred to adjusted EBITDA and Distributable Cash Flow (DCF), both of which are non-GAAP financial measures. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond managements control.

Natural Gas 52

Natural Gas Energy Energy Pipeline 52

Iraq Business News: Oil & Gas

MARCH 7, 2025

Irish-based Petrel Resources Plc (LON: PET) has raised 250,000 through a share placement managed by Novum Securities. Petrel has recently submitted an application to assume an existing contract east of Baghdad 4 th Bid round award in 2012, at a remuneration per barrel of $5.38. By John Lee.

Oil 45

Oil Field Gas Barrel 45

Rextag

FEBRUARY 13, 2025

This comes amid reports that activist hedge fund Elliott Management has taken a stake in the British oil major, potentially pressuring the board and executives for higher shareholder returns. Elliott Managements rumored stake in the company has fueled speculation. at a TravelCenters of America site.

Oil 40

Oil Gas Exploration and Production IT 40

Rextag

MARCH 3, 2025

million barrels per day by 2030. Investor Demands for Stronger Financial Performance BP has faced pressure from activist investor Elliott Management, which took a $4 billion stake in the company to push for higher returns. The company aims to boost daily oil and gas production to between 2.3 million and 2.5

Oil 40

Oil Gas Energy Energy 40

Rextag

OCTOBER 31, 2024

Despite this trick rather than treat, ExxonMobil boosted production by 80,000 oil-equivalent barrels daily, driven by growth in the Permian Basin and Guyana. Despite low refining marginstrickier than an elaborate Halloween mazePhillips 66 managed to deliver a solid performance.

Oil 40

Oil Midstream IT Natural Gas 40

Oil Gas Leads

MARCH 13, 2025

One such transaction involves Scout Energy Management LLC , which has acquired multiple production facilities from ConocoPhillips in Pecos and Reeves counties, Texas. The regulatory filings include a change in the TCEQ Account ID , ensuring that Scout Energy Management is now recognized as the responsible party for emissions compliance.

Basin 52

Basin Management Energy Energy 52

Oil & Gas 360º

MARCH 10, 2025

The combined company will be led by Whitecap’s existing management team under the Whitecap name with four Veren directors to join the Whitecap Board of Directors, including the current President & CEO of Veren, Craig Bryksa. Under the terms of the Agreement, Veren shareholders will receive 1.05

Energy 130

Energy Energy Exploration and Production Crude Oil 130

OilPro

AUGUST 6, 2024

This slug can cause significant damage to downstream equipment if it’s inflow is not managed actively. 200 barrel housed Innopipe installation. Slug management systems mitigate this risk. Effective slug management improves safety for personnel.

Gas 52

Gas Oil Downstream Pipeline 52

Rextag

FEBRUARY 17, 2025

If GDP grows at the historical rate, oil demand would be at least 10 million barrels per day (mmbd) higher by 2035 than the IEA forecasts. The IEA relies heavily on the idea that OPEC+ will continue managing oil supply to prevent extreme price fluctuations. Reality Check: Since 1973, global GDP has grown at an average of 3.2%

Oil 40

Oil Completion Energy Energy 40

Rextag

FEBRUARY 24, 2025

Cost Management: The company is shifting towards a cash flow-focused approach, ensuring stable returns for shareholders while limiting risk. Oil Price & Market Dynamics (2024-2025) 2024 Oil Price Trends Brent Crude Oil Price (2024 Average): $80 per barrel. WTI Forecast: Expected to average around $70 per barrel.

Basin 40

Basin Oil Gas Exploration and Production 40

Valor

MARCH 10, 2025

per barrel and WTI dropping 40 cents to $66.64, marking WTIs seventh consecutive weekly lossthe longest streak since November 2023. Meanwhile, US crude production averaged 13.508 million barrels per day for the week ending February 28, 2025, with WTI trading at $67.17 per barrel (up 1.22%) and Brent at $70.41

Energy 52

Energy Energy Barrel Natural Gas 52

Valor

FEBRUARY 11, 2025

Read more Europes oil demand may rise as gas hits $100 per barrel Summary : Europe’s oil demand may increase as natural gas prices surge to an oil-equivalent of $100 per barrel, making oil a more cost-effective alternative. 11, 2025 appeared first on Oil and Gas Outsourcing and Mineral Management.

Energy 52

Energy Energy Oil Exploration and Production 52

Oil & Gas 360º

MARCH 10, 2025

Trumps policies on trade and foreign policy have, however, threatened to drive up the cost of millions of barrels of oil that U.S. Crude prices hit a three-year low below $70 a barrel this week after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to go ahead with a planned April output increase.

Oil 130

Oil Barrel Exploration and Production Energy 130

Valor

MARCH 3, 2025

per barrel and WTI up 25 cents to $70.01, after posting their first monthly decline since November. per barrel in 2025, with potential impacts from U.S. per barrel, down 3.8% per barrel, with the more-active May contract declining to $72.81. 3, 2025 appeared first on Oil and Gas Outsourcing and Mineral Management.

Energy 52

Energy Energy Barrel Oil 52

Oil & Gas 360º

MARCH 7, 2025

Former President Joe Biden’s administration sold nearly 300 million barrels from the reserve including a 180-million-barrel sale in 2022 after Russia invaded Ukraine. The SPR is the world’s largest emergency crude oil stockpile with capacity to store about 727 million barrels and currently holds about 395 million barrels.

Oil 130

Oil Barrel Energy Energy 130