Oil Prices Impact Bakken Independent Producers
CEO of Oasis Petroleum, Thomas Nusz, addressed investors on the changing strategies for 2015 for the Bakken. As an independent, operating only in the Williston Basin, the falling oil price has caused a...
View ArticleNew Gates for the Panama Canal
The Panama Canal Expansion project announced on Thursday the completion of transfer of all gates for the Pacific side of the canal. The final construction phase for the improved Panama Canal is nearly...
View ArticleOil Rebounds after Friday's Record 5-Year Low
On Monday the London markets began to rebound slightly despite worries over the weak global crude demand. ”US benchmark West Texas Intermediate (WTI) for January gained 55 cents to $62.40 a barrel,...
View ArticleHigh Price of Cheap Oil
The price of crude oil fell again on Monday following a brief rebound in the morning. Conservative news magazine, The Christian Science Monitor, spells out how the decline on oil prices will negatively...
View ArticleOil Falls below $55 per Barrel
Falling oil prices mean lower gasoline prices at the pump - what's behind the fall? On Monday the price of a barrel of West Texas Intermediate fell below $55 and Brent crude fell below $60, both for...
View ArticleChevron Halts Beaufort Sea Drilling
Chevron announced on Wednesday, Dec 17th that plans to drill for oil in the Canadian Arctic in the Beaufort Sea have been put on indefinite hold due to the "economic uncertainty in the industry"...
View ArticleEagle Ford "Sweet Spots" Remain Profitable
An editorial in the Oil and Gas Journal, reports on a study by Gaffney, Cline and Associated that says Eagle Ford wells are viable for light, sweet crude prices at $80/bbl, but outlying sweet spots are...
View ArticleImpact of Climate Change on Coastal Cities
The U. S. NOAA announced results of a recent study on the impact flooding on coastal cities caused by rising sea levels. By 2050 "Most of U.S. coast may see 30 or more days a year of floods up to 2...
View ArticleFalling Oil Prices - Good and Bad for the US Economy
While the consumers are enjoying the lower price of gasoline, buying more cars and traveling more and many businesses are making higher profits; investment analysts are looking at the downside of the...
View ArticlePredictions for 2015 Oil and Gas Management
An annual report by IDC Energy Insights, IDC FutureScape: Worldwide Oil & Gas 2015 Predictions, suggests how oil and gas management will handle the changing oil and gas market.50% of Oil & Gas...
View ArticleU.S. Dollar Becomes Stronger as Oil Price Declines
As the oil price continued to fall the last week of December, the U.S. dollar had become stronger in the International Market. The U.S. Dept of Energy reported a 7.3 million barrel rise in crude...
View ArticleThe World's 1st Coal-Seam LNG Cargo
BG Group of Australia announced loading of the 1st cargo of coal-seam-gas from its LNG facility in Queensland to a maritime vessel. The Curtis LNG facility (QCLNG) is the world's first LNG project...
View ArticleOil Industry Jobs at Stake
Industry analysts predict that "If oil remains around $56 a barrel until the second quarter of 2015, firms that supply support services for oil and gas companies may cut 40,000 jobs by the end of next...
View Article2015 Offshore Technology Conference
Visit RPSEA at booth number S18 in the lobby between the entrances to Exhibit Halls B and C.
View ArticleUnconventional Resources Technology Conference (URTeC)
Visit RPSEA at booth number 743.
View ArticleSociety of Petroleum Engineers Annual Technical Conference and Exhibition
Visit RPSEA at booth number 3919.
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