Producer's Edge

FEBRUARY 3, 2025

Protecting proprietary information is a key concern for many businesses, and issues can arise when employees transition between competitors. One recent case, involving surveying maps in the oil and gas industry, brings attention to the importance of having clear policies and procedures in place. FSC) accused its former employee, M.

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Energy Central

NOVEMBER 21, 2022

According to the Energy Information Administration (EIA), at the beginning of the pandemic U.S. One of the under-reported factors behind the ongoing diesel shortage is the loss of U.S. refining capacity since the start of the Covid-19 pandemic. Today I will discuss the factors that led to this loss. refiners had 19.0

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Energy Central

SEPTEMBER 12, 2024

World crude oil extraction reached an all-time high of 84.6 World monthly crude oil production based on data of the US Energy Information Administration (EIA). million barrels per day in late 2018, and production hasn’t been able to regain that level since then.

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Novi

NOVEMBER 6, 2024

In addition to algorithmic methods, there are also feature engineering improvements we have implemented to provide better information to models about a wells surroundings. If there are many different ways to describe pad development to fellow humans, how should we communicate spacing information to a machine learning model?

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BOE Report

MARCH 12, 2025

crude oil stockpiles rose and fuel inventories fell last week as seasonal refinery maintenance season ticked along, the Energy Information Administration (EIA) said on Wednesday. Crude inventories rose by 1.4 million barrels to 435.2

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Oil & Gas 360º

MARCH 10, 2025

For Oil & Gas, Water Disposal and Carbon Capture & Storage organizations, access to comprehensive and up-to-date information is required to successfully navigate the complex interplay of industrial operations, regulatory compliance and environmental protection. For more information, visit B3Insight.com. www.nanometrics.ca

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The Energy Law

JUNE 30, 2023

However, HB 537 provides an exception for those “adversary” entities who have already been conducting oil and gas operations in the state. On its face, such a sweeping ban on the acquisition of immovable property by foreign corporations in Louisiana could have the potential to negatively affect the state’s future in oil and gas industry.

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Rigzone: News

JANUARY 21, 2025

Energy Information Administration revealed its latest U.S. crude oil production forecasts in its January short term energy outlook.

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Rigzone: News

FEBRUARY 12, 2025

Energy Information Administration revealed its latest Brent spot price forecasts for 2025 and 2026 in its February short term energy outlook.

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Aresco

MARCH 13, 2025

AI in oil and gas is propelling the industry to new heights. The oil and gas industry has always been driven by innovation, and today, artificial intelligence (AI) is pushing the sector into a new era of efficiency, precision, and profitability. Digital twinsvirtual models of physical assetsare also transforming maintenance strategies.

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Energy Central

JANUARY 3, 2024

oil production has increased by 21% over the past five years. According to data from the Energy Information Administration (EIA), earlier this month U.S. oil producers set a new annual production record. This increase is being driven by a surge of production in a handful of states.

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Energy Central

MARCH 18, 2024

had set a new annual oil production record: “The U.S. set a new annual oil production record on December 15, based on data from the Energy Information Administration. In mid-December, I wrote here that the U.S.

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Oil & Gas 360º

MARCH 6, 2025

government on Canadian crude also pressured the spread as Midwest refiners were seeking WTI-Midland crude to Cushing to replace Canadian light sweet oil, said Energy Aspects analyst Jeremy Irwin. Energy Information Administration showed, as fuel producers undergo maintenance ahead of summer driving season. A 10% tariff by the U.S.

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Energy Central

FEBRUARY 27, 2024

is the global leader in the production of natural gas and oil derived from shale formations. Energy Information Administration updated its assessment of world shale oil and shale gas resources. However, there are other countries with significant quantities of technically recoverable resources. In 2015 the U.S.

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Keystone Energy Tools

JANUARY 30, 2025

Are you looking to better understand rig tongs and their role in your oil patch operation ? Whether youre new to the oil and gas industry or just brushing up on your knowledge, understanding rig tongs is essential for ensuring efficiency and safety on-site.

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Aresco

FEBRUARY 14, 2024

The depletion allowance is a tax provision in the United States designed to account for the reduction of natural resources, such as oil and gas, as they are extracted and sold. For the oil and gas industry, the depletion allowance functions similarly to depreciation for other types of assets.

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Iraq Business News: Oil & Gas

FEBRUARY 7, 2025

The instruction on Wednesday follows Baghdad's approval of a budget amendment to appoint an international technical advisory firm to assess fair production and transportation costs for oil fields in the Kurdistan Region individually.

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Energy Central

JANUARY 16, 2023

oil production. The Energy Information Administration (EIA) publishes these numbers, but they are usually two months behind. As such, as I write this they have only reported the monthly oil production numbers through September (Link). Now that 2022 is behind us, we can review final numbers for U.S.

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Oil & Gas 360º

MARCH 5, 2025

EnerCom Denver is the largest independent investor conference for the global oil and gas industry and broadening energy industry that is open to all energy companies, investors, and professionals to participate. Qualified investment professionals and oil and gas company executives may register for the conference at no cost.

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Aresco

JULY 17, 2024

Investing in oil and gas royalties involves purchasing the rights to receive a portion of the revenue generated from the production and sale of oil and gas from a particular property or lease. Passive Income : Oil and gas royalties can provide investors with a source of passive income.

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Energy Central

MAY 2, 2022

“In return for the UK government’s ongoing support for the sector, the prime minister, the chancellor and I want to see a very clear plan from the oil and gas industry to reinvest profits in the North Sea and, importantly, in the clean energy technologies of the future,” he wrote. Stay informed Oil and gas to hydrogen

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Coolfire Core

AUGUST 20, 2020

The oil and gas industry tends to get a bad rap for its slow pace of technology adoption but that wasnt always the case. In the initial digital age of the 80s and 90s, oil and gas was at the forefront of transformation. So why, then, has 21st-century digital transformation in the oil and gas industry been a lot slower?

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Nestoil

SEPTEMBER 4, 2024

The oil and gas sector has long been a cornerstone of the global economy, providing energy, raw materials, and substantial economic contributions. Understanding these opportunities and their associated benefits can help investors make informed decisions. This phase requires significant capital but offers high potential returns.

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Rigzone: News

DECEMBER 13, 2024

Energy Information Administration lowered its West Texas Intermediate spot price forecasts for this year and next year.

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The Energy Law

MAY 5, 2023

2023), the Texas Supreme Court held that the lessee could not invoke a force majeure clause to save its oil and gas leases when it inadvertently scheduled its operations to begin after the requisite deadline. The lessee, MRC Permian Company, received four identical oil and gas leases from certain lessors in 2014.

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The Energy Law

MARCH 7, 2023

In the context of antiquated oil and gas conveyances including a double fraction that includes “one-eighth,” the Court affirmed this principle by holding that such language gives rise to a rebuttable presumption that “one-eighth” refers to the entire mineral estate. To receive information from Liskow & Lewis, your information will b

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Rigzone: News

JANUARY 16, 2025

Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy outlook.

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Rigzone: News

JANUARY 17, 2025

Energy Information Administration revealed its latest West Texas Intermediate spot price forecasts in its January short term energy outlook.

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Energy Central

OCTOBER 7, 2024

Energy Information Administration, year-to-date daily average oil production is 13.2 oil output remains a key driver of the global energy market. crude oil production will almost. According to the latest Weekly Petroleum Status Report from the U.S. million barrels per day. million BPD. This ongoing growth in U.S.

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Rigzone: News

DECEMBER 12, 2024

Energy Information Administration lowered its 2024 and 2025 Brent spot price forecast.

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Reporting Oil and Gas

NOVEMBER 26, 2023

The Minister for Lands and Natural Resources, Samuel Abu Jinapor, commended President Akufo-Addo and Vice President Dr. Mahamudu Bawumia for the successful implementation of the Gold for Oil Policy, hailing it as a pivotal strategy that stabilized the local currency and alleviated fuel costs. Source: Myjoyonline.com

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Oilfield Technology

MARCH 12, 2025

The US Energy Information Administration (EIA) revised its forecast for 2025 average US benchmark Henry Hub natural gas spot prices upward following a cold end to February.

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Aresco

AUGUST 13, 2024

Amid this backdrop, a growing number of Florida investors are turning to alternative investments, particularly direct investing in oil and gas drilling projects. Despite the push towards renewable energy sources, fossil fuels remain integral to the energy mix, and the demand for oil and gas is expected to persist for decades.

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DeepStream Medium

OCTOBER 9, 2020

Premier Oil procures a significant amount of equipment and services annually including many complex packages which involve extensive involvement of procurement, technical and legal teams across the organisation.

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Novi

JANUARY 27, 2025

Heres the audio recap AI-in-Oil-Gas_-Generic-vs Let’s talk about something costing operators millions: the choice between generic AI and purpose-built AI solutions for oil & gas. Why Generic AI Falls Short in the Oil & Gas Industry Let’s understand why generic AI struggles to solve oil and gas problems.

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The Energy Law

MARCH 15, 2023

The lessees owned working interests in certain oil and gas leases that were executed in 2007. Mewbourne Oil Co.”, Sheppard , — S.W.3d 20-0904, 2023 WL 2438927 (Tex. The leases contained the following royalty provisions: 3. NationsBank”, 939 S.W.2d 2d 118 (Tex. 1996) and “Judice v. 2d [133,] 135-36 (Tex.

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Energy Central

FEBRUARY 6, 2025

In this post, I would like to present a little energy-related information about this part of the world. Most of my information is from published energy reports, but a little is from my visit to Thailand, Cambodia, and Vietnam. Some of my frequent commenters know that I recently returned from a visit to Southeast Asia.

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