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Oil price, Shell, Plexus, EOG, Sundry-Faroe-Falcon-IOG- And finally...

Oil priceCrude oil has drifted back in the last couple of days, production is obstinately high, reports yesterday that Opec output in November was up to 34.2m b/d and that Russia was up to 11.2m b/d. Add to that news of first Saudi Arabia and then Kuwait cutting prices to Asian customers and one can ...

Malcolm Graham-Wood - Malcy's Blog

Posted 2 days agoOpinion > oil priceShellPlexus +4

Geokinetics to Acquire Geotrace Technologies Intellectual Property

HOUSTON, TX (December 8, 2016) – Geokinetics Inc., a provider of integrated seismic data acquisition, processing and reservoir analysis solutions is poised to acquire the intellectual property and legacy assets of Geotrace Technologies, a provider of seismic imaging and reservoir analysis services. ...

Louise Kinnersley - GEOKINETICS INC.

Posted 2 days agoPress > GeokineticsData ProcessingReservoir Analysis +1

Encana cuts debt by largest amount for E&P TSX companies in past year

Debt reduction has been a hot topic in past year in Canada, as companies adapted to a lower-for-longer price environment. Out of 70 domestic and international producers listed on the TSX, Q3 2016 data available in CanOils reveals that Encana Corp. (TSX:ECA) has cut debt by the largest monetary value ...

Mark Young

Posted 1 day agoOpinion > Canadae&ponshore +2

Oil price, Trinity Exploration & Production, EPI/PDF, Podcast VOG/HUR, And finally...

Oil priceIt is back to Vienna who are this weekend hosting the Opec/Non-Opec meetings which the market will hope confirms their part of the recent bargain. Yesterday the market was in believing mood as Russia said it would cut, as did Azerbaijan, others may be a touch more recalcitrant. Either way, ...

Malcolm Graham-Wood - Malcy's Blog

Posted 1 day agoOpinion > oil priceTrinity Exploration & ProductionEPI +3

Trump Could Fuel A Nuclear Energy Boom In 2017

By James Stafford of Oilprice.comWith Trump at the helm, sentiment gives way to practicality in the energy industry. For the vast untapped potential of the nuclear energy industry and the uranium that feeds it, this could contribute to a market-disrupting revival that no longer bows to fear and the ...

Oilprice Staff

Posted 1 day agoOpinion > Donald TrumpNuclear2017

The Emperor’s New Clothes: When is an incident not really an incident?

I am sure we are all familiar with The Emperor's New Clothes, a short fable by Hans Christian Andersen about two weavers who promise an emperor a new suit of clothes that they say is invisible to those who are unfit for their positions, stupid or incompetent.It reminds me of an experience a number o ...

Alan Smith

Posted 1 day agoOpinion > incidentincident investigationDeepwater Horizon +5

2016 review: A winning year for shale

North American shale development has been a clear winner during 2016 despite the low oil price during the year. Shale operators managed to increase efficiencies during the year, with wells producing larger volumes at lower costs. This has resulted in a very resilient shale oil production in the US, ...

Julia Weiss

Posted 1 day agoOpinion > 2016ShaleRystad Energy

First LNG produced from PETRONAS' first floating LNG facility PFLNG Satu

PETRONAS’ first floating liquefied natural gas (LNG) facility, PFLNG SATU has achieved an industry breakthrough with the successful production of its first drop of LNG from the Kanowit gas field, offshore Sarawak on 5 December 2016.The operational milestone marks a decade long journey for PETRONAS s ...

Katie Woodward - OilVoice

Posted 1 day agoPress > PETRONASLNGPFLNG Satu +1

Multi-billion dollar MoAs signed by Chongqing Construction Engineering Group, Oilserv, Tianjin Energy, and Alpha Group to develop Nigeria’s Oil and Gas Infrastructure

Chongqing Construction Engineering Group Co. Ltd (CCEGC) (www.CCEGQ.com) Chairman/Party Secretary General Mr. Yang Jingpu, Tianjin Energy Resources Ltd (Tianjin) (www.TianjinEnergy.com) Managing Director Engr. Peter Lin, Oilserv Limited (Oilserv) (www.OilservLtdNG.com) Chairman Engr. Emeka Okwuosa, ...

Posted 1 day agoPress > Oil and GasInfrastructureAfrica +8

Française de l’Energie Starts Drilling the First Well of Its Pre-Development Campaign in Lorraine

FORBACH, France--(BUSINESS WIRE)--Regulatory News:La Française de l’Énergie (LFDE) is pleased to announce the spudding of its CBR-1 well. This is the first well of LFDE’s pre-development phase targeting 4 drilling pads covering gas resources on 0.9 % of the company’s Lorraine permits.Since the launc ...

Katie Woodward - OilVoice

Posted 1 day agoPress > Francaise de l'EnergiePre-Development CampaignLorraine +1

Plexus Holdings PLC: AGM Statement

Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, known for its safety, time and cost saving capabilities, will hold its Annual General Meeting ('AGM') today. At the AGM Jerome Jeffrey Th ...

Katie Woodward - OilVoice

Posted 2 days agoPress > Plexus HoldingsAGMUnited Kingdom

Strategic Oil & Gas Ltd. Announces New Well Results and First Half of 2017 Budget

CALGARY, ALBERTA--(Marketwired - Dec. 9, 2016) - Strategic Oil & Gas Ltd. ("Strategic", or the "Company") (TSX VENTURE:SOG) announces its recent well results, capital budget for the first half of 2017 and provides a financing update.MUSKEG WELL 14-12 TESTS AT 810 BOEDStrategic tested a third success ...

Katie Woodward - OilVoice

Posted 1 day agoPress > Strategic Oil & GasWell Results2017 +1

Nostra Terra receives $600,000 additional cash for sale of Chisholm Trail Prospect

Nostra Terra (AIM: NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, is pleased to announce an increase of US$600,000 cash for the sale of its interest in the Chisholm Trail Prospect, which was initially announced in June 2016. Nostra Terra ha ...

Katie Woodward - OilVoice

Posted 2 days agoPress > Nostra Terra Oil & GasFinanceChisholm Trail Prospect +1

Emerson Releases Major Updates to Seismic Reservoir Modelling and Simulation Software

STAVANGER, NORWAY (December 8, 2016) -- Emerson Automation Solutions has launched the latest version of its reservoir characterization and modeling software. Through a host of new features and greater workflow integration to support the Big Loop™ solution, Roxar RMS™ 10 provides improvements to the ...

Paul Fisher

Posted 2 days agoPress

Swift Energy Announces Sale of Remaining 25% Interest in Central Louisiana

HOUSTON--(BUSINESS WIRE)--Swift Energy Company (OTCQX: SWTF) (the “Company”) announced today that it has sold its remaining 25% interest in the Burr Ferry and South Bearhead Creek Fields in Central Louisiana.The net proceeds received by Swift Energy ($8.0 million, less customary closing adjustments) ...

Katie Woodward - OilVoice

Posted 1 day agoPress > Swift Energy CompanyUnited StatesFinance +1

NES Global Talent adds Frontica Advantage to its portfolio

NES Global Talent (NES) is pleased to announce it has entered into a definitive agreement with Akastor ASA, a leading oil service investment company, to add their Frontica Advantage (Advantage) business to its portfolio.NES provides a range of contract and permanent talent solutions to the Oil & Gas ...

Oliver Fitzpatrick

Posted 1 day agoPress > Oilgasjob +2

Spartan Energy Corp. Announces Closing of Previously Announced Strategic Light Oil Acquisition, 2017 Corporate Budget and Increase in Borrowing Base to $350 Million

CALGARY, ALBERTA--(Marketwired - Dec. 8, 2016) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) is pleased to announce the closing of its previously announced strategic light oil acquisition in southeast Saskatchewan from ARC Resources Ltd. (the "Acquisition"). The Acquisition includes ...

Katie Woodward - OilVoice

Posted 1 day agoPress > Spartan Energy CorpAcquisition2017 +2

Independent Oil and Gas announces extension of Blythe licence

Independent Oil and Gas plc, the development and production focused Oil and Gas Company, is pleased to announce that following discussions with the UK Oil & Gas Authority, the licence for Blocks 48/22b and 48/23a in the Southern North Sea containing the Blythe gas discovery (P1736) has been formally ...

Katie Woodward - OilVoice

Posted 2 days agoPress > Independent Oil and GasBlytheNorth Sea +1


With over 70% of available space booked at All-Energy 2017 (Glasgow’s SECC, 10-11 May 2017) the UK’s largest renewable and low carbon energy exhibition and conference is in fine shape. Shepherd and Wedderburn has returned as Headline Sponsor of the two-day event; and abstracts are coming in thick an ...

Judith Patten

Posted 2 days agoPress > Renewable EnergyCCSGlasgow

AWE Limited: Waitsia gas project rapidly building momentum

Joint Venture approves 2017 development activities budgetJoint Venture approves final Stage 2 appraisal wells, Waitsia-3 and Waitsia-4, for drilling in April-June 2017Gas tender process making excellent progress with bids received totalling more than double the Joint Venture’s 2P ReservesProject on ...

Katie Woodward - OilVoice

Posted 1 day agoPress > AWE LimitedOrigin EnergyWaitsia +1
Last fetch 12/11/2016 7:59:17 AM