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RPSEA UDW Flow Assurance Spring TAC Meeting

Check back for details as they develop RPSEA's Ultra-Deepwater Technical Advisory Committees (TAC) focus on a particular ultra-deepwater technology area. The role of the TACs, with representation from...

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RPSEA UDW Subsea Systems Spring TAC Meeting

Check back for details as they develop RPSEA's Ultra-Deepwater Technical Advisory Committees (TAC) focus on a particular ultra-deepwater technology area. The role of the TACs, with representation from...

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RPSEA UDW Drilling, Completions and Interventions Spring TAC Meeting/ RPSEA...

Check back for details as they develop RPSEA's Ultra-Deepwater Technical Advisory Committees (TAC) focus on a particular ultra-deepwater technology area. The role of the TACs, with representation from...

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RPSEA UDW Geosciences & Reservoir Engineering Spring TAC Meeting

Check back for details as they develop RPSEA's Ultra-Deepwater Technical Advisory Committees (TAC) focus on a particular ultra-deepwater technology area. The role of the TACs, with representation from...

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RPSEA UDW Floating Facilities and Risers & Systems Engineering Spring TAC...

Check back for details as they develop RPSEA's Ultra-Deepwater Technical Advisory Committees (TAC) focus on a particular ultra-deepwater technology area. The role of the TACs, with representation from...

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DOE Announced Sale of Teapot Dome

On January 30, 2015 the U. S. Department of Energy announced the sale of the historic Teapot Dome Oilfield. Teapot Dome, the Naval Petroleum Reserve #3, located 35 miles north of Casper, WY consisting...

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New LNG Export Plant for Louisiana

The governor of Louisiana, Bobby Jindal, and the Chairman of Live Oak LNG, Martin Houston, announced plans for a new natural gas liquefaction and export plant on the Calcasieu waterway. Jindal noted,...

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OPEC Predicts Increased Oil Demand

OPEC monthly report forecast the demand for oil in 2015 will rise to 29.21 million barrels per day. This is an increase of 430,000 bpd from the previous month's prediction. OPEC believes its "strategy...

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Union Strike at U. S. Oil Refineries

The largest U. S. Refinery strike since 1980 is entering its second week with managers attempting to maintain normal production.  In Toledo Ohio at the BP Husky refinery over 300 management staff and...

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Rig Count down, Oil Price up - Shale Stabilizing

Baker Hughes reported the rig count fell by 84 last week and is down 34% since early October.  U.S. shale producers responded quickly to lower oil prices. With the recent gain in oil prices shale...

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Oil Up, Oil Down

On the London market Monday oil reached $61 per barrel, but Tuesday the gain lost and the price slipped below $61. Commodity markets are weak and the lower prices have prompted a slowdown in U.S. oil...

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Gasoline Prices Rise with Refinery Strike

The average price of gasoline has risen by 13 cents due to the strikes at U. S. Refineries.  The most recent strike at the Exxon Mobil plant in Torrance, CA pushed the price higher, even though there...

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Oil Price Continues to Fall

The price of oil fell by 2 % on Monday as investors continued to worry about the oversupply. However, due to the refinery strike, and cold weather on the East Coat the heating oil stock is becoming...

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Oil slides to $49.45 Per Barrel

West Texas benchmark oil price lost in the opening hours on Monday to $49.45 on the New York Mercantile Exchange.  Commerzbank noted on Friday that the oil rig count last week was the smallest in seven...

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Refinery Strike Affects One-Fifth of U.S. Capacity

Strikes now in their fourth week impact 12 U.S. refineries and have closed in on-fifth of the production.  6,550 members of the United Steelworkers union are on strike. No date for starting...

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Obama Vetoes Keystone Pipeline

As expected last week, President vetoed the Keystone Pipeline saying, "Through this bill, the United States Congress attempts to circumvent longstanding and proven processes for determining whether or...

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Turn Wastewater into Beer

The Goundwater Protection Council, Feb 26 Communique reports this gem of an idea for treatment of contaminated groundwater. A company in Portland, Oregon wants to wants to show off its "high-purity"...

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Iraq may Default on Contracts

Iraq's Oil Minister Adel Abdel Mehdi said, "Iraq is negotiating to restore its state share in oil production contracts with international companies to 20-25 percent, after it was reduced in recent...

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Texas Energy Developments

"Oil prices are still struggling, and workforce strikes have expanded at many refineries. But not all the news is glum."  The downturn in Texas shale rig counts and increased pessimism from offshore...

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Impact of Low Oil Prices Spreads to Economy

The Federal Reserve Bank of Cleveland's six week report shows the impact of the lower oil price over the region including eastern Ohio, part of Kentucky, Pennsylvania and West Virginia.  Reduced...

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