North America ///
BP announced today that it has successfully deployed Plant Operations Advisor (POA), a cloud-based advanced analytics solution developed with Baker Hughes, a GE company, across all four of its operated production platforms in the deepwater Gulf of Mexico.
Tropical Storm Gordon may become a hurricane as it crosses the Gulf of Mexico toward Louisiana and New Orleans, potentially causing issues for natural gas and oil production as it brushes the eastern edge of offshore energy fields.
Ikon Science, the leader in geoprediction technology, has donated 12 of its RokDoc geoscience software licenses to the ITPE - Instituto Tecnológico del Petróleo y Energía in Merida, Mexico.
Penn Virginia Corp. has reached out to potential buyers including Hilcorp Energy Co. and WildHorse Resource Development Corp. ahead of a sale process slated to start next month, according to people familiar with the matter.
Reabold, the oil and gas investing company, has announced that Integrity Management Solutions, contract operator of the company's California investments, has informed the company of a commercial hydrocarbon discovery at the Venturini-Ginochio #3 (VG-3) well within the West Brentwood license area.
Total, together with its partners, has agreed to sell the Joslyn oil sands project in Alberta, Canada, to Canadian Natural Resources Limited (CNRL) for an overall consideration of C$225 million.
President Donald Trump said he would pull out of the World Trade Organization if it doesn’t treat the U.S. better, continuing his criticism of a cornerstone of the international trading system.
Canada is finding new customers for its Newfoundland oil.
Wavefront Technology Solutions Inc., the advanced IOR and EOR company, has commenced the previously announced powerwave well stimulation campaign in India.
World Oil and Gulf Energy Information has announced the finalists for the 2018 World Oil Awards. For 17 years, these prestigious awards have honored the upstream energy industry's leading innovators and innovations.
TransCanada Corp. won a 49% price increase for space on the pipeline it’s building to haul shale gas from Appalachian fields as labor shortages and escalating land prices pushed construction costs almost $1 billion higher.
Fugro has successfully completed the geophysical acquisition portion of a 2018 Carson Basin seep hunting program in offshore eastern Canada.
BP Plc is considering selling some of its older U.S. oil and gas fields after buying better quality ones from BHP Billiton Ltd. in July.
Fairfield Geotechnologies announces its newest multi-client project in Lea County, New Mexico. Quail Ridge East is one of three ongoing surveys that extends Fairfield Geotechnologies’ data portfolio in the northern Delaware basin.
U.S. Energy Corp. has announced that it has entered into an exclusive non-binding Memorandum of Understanding to acquire oil and natural gas producing properties targeting the Bakken formation of North Dakota.
Jericho Oil Corporation announces that its Oklahoma STACK Joint Venture (JV) will commence this week with the drilling of its second Osage formation well, the Trebuchet 21-23N-10W #1H, within its northern STACK acreage position further delineating the nearly 16,000 net STACK acres.
Rack up one more thing robots can be used for: Fracing for oil.
Magnolia Oil & Gas Corporation has announced that it has agreed to acquire substantially all of the South Texas assets of Harvest Oil & Gas Corp. for approximately $135 million in cash.
Halliburton Company today unveiled Prodigi AB Service, a first-of-its-kind offering that introduces automation to hydraulic fracturing. By automating the breakdown process of a fracturing treatment, Prodigi AB Service helps deliver better well performance.
Oil traded near $67/bbl as investors weighed an expected decline in American inventories against the U.S. government’s plans to release crude from its emergency stockpiles.