Crude Oil Brent
87.44
Crude Oil WTI
82.46
Natural Gas
1.751
US Rig Count
620
CA Rig Count
136
Int. Rig Count
971
News
April 17, 2024
The latest Ringhorne North exploration well in PL 956 was successful with estimated recoverable resources of between 13 and 23 MMbbl of oil.
News
April 17, 2024
According to Petrobras, that number is likely to grow even more. With new production systems to be installed in the coming years, the field's capacity will be increased to around 2 MMbpd by 2030.
News
April 16, 2024
The final Risk Management and Financial Assurance for OCS Lease and Grant Obligations rule amends existing regulations by substantially increasing the level of financial assurances that operators must provide in advance.
News
April 16, 2024
The Future Energy Fund III “enables Chevron to see around corners, evaluate long horizon bets not currently connected to our business,” the company said, citing fusion, direct air capture and batteries as examples.
Crude Oil Brent
87.44
Crude Oil WTI
82.46
Natural Gas
1.751
US Rig Count
620
CA Rig Count
136
Int. Rig Count
971
First Look
Article
March 2024
Late-life assets present a myriad of challenges that operators must tackle to ensure continued safety and integrity. Robust data management strategies play an increasingly pivotal role in optimizing asset performance in mature assets to ensure economic viability.
Article
March 2024
Electrification is the most practical solution for decarbonization, especially as renewable generating capacity increases and momentum to electrify vessels, including FPSOs, continues to build. However, the industry still faces headwinds, including high upfront costs, a lack of supporting infrastructure and properly trained personnel, and gaps in standards.
Article
March 2024
Oil reserves are being consumed faster than they’re being replaced. If the reserve replacement ratio doesn’t improve, supply could fail to meet demand before lower-carbon and new energy solutions mature. Companies rethinking strategies are using infrastructure-led exploration as a digital solution to find economically viable new prospects.
Article
February 2024
Look for U.S. spending to increase just 2.2% in 2024, and drilling should be flat. Many factors are at play to bring this result.
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Upstream 365
Distributed Power Solutions
Distributed Power Solutions (DPS) was contacted by an exploration and production Oil & Gas company in Texas for the purpose of providing temporary power to their Electric Submersible Pumps (ESPs) until they could get utility power.
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World Oil
World Oil, established in 1916 as The Oil Weekly, is the leading technical publication for upstream professionals. For more than 100 years, World Oil has provided readers with global coverage of the latest information and technological advances relating to the exploration, drilling, completion and production of offshore and onshore oil and gas.
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Transition Economist is a global digital-only channel of interest to leaders in the oil and gas sector as well as renewable energy developers and all energy transition stakeholders. From the outset, the readership is drawn from operators, engineering and services, government, finance, consultancies, law firms and academia—with a firm bias towards the C-suite, senior management and partner level.
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Copyright © 2022. All market data is provided by Barchart Solutions.
Futures: at least 10 minute delayed. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.
Copyright © 2022. All market data is provided by Barchart Solutions.
Futures: at least 10 minute delayed. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.
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