Offshore GOM Platforms Restart
Some operators in the eastern Gulf of Mexico began returning workers to offshore platforms as Hurricane Hermine movers towards Florida and turns north along the Atlantic coast. Anadarko Petroleum began...
View ArticleVenezuela’s Oil Output Continues to Collapse
Over 1 million people protested in a massive march in Caracas on September 1, demanding the removal of President Nicolas Maduro. Madura’s government is blamed for the corruption and poor management of...
View ArticleOil Prices Rally with Increasing Rig Count
The number of oil and gas rigs operating in the U.S. rose by eight this week according to Baker Hughes. Seven of the rigs were to natural gas sites. Prior to this week most of the increased rig count...
View ArticlePlan to Revamp the Emergency Oil Reserve
The Obama administration has sent Congress plans to revamp the Federal emergency oil reserve. The plan could result in the sale of about 8 million barrels from the Strategic Petroleum Reserve (SPR)...
View ArticleApache Develops New Field
Apache Corporation announced plans to develop a new field in Texas. Alpine High field encompasses over 300,000 acres in Reeves County, in west Texas. Apache has raised its capital budget from $1.8 to...
View ArticleIOGCC Releases Marginal Well Report
The Interstate Oil and Gas Commission released the 2015 Marginal Well Report on Thursday, Sept 8th. The report documents marginal well activity in the U. S. and the contribution that marginal well...
View ArticleOil and Gas Industry Backs Clinton
For many years the oil and gas industry and particularly the big oil companies have backed Republican candidates against “green” Democratic candidates. This year is different and energy money is going...
View ArticleBest of RPSEA 10 years of Research – Ultra-Deepwater and Onshore Technology...
Presentations coming soon.
View ArticleBest of RPSEA 10 years of Research – Ultra-Deepwater and Onshore Technology...
Presentations coming soon.
View ArticleBest of RPSEA 10 years of Research – Ultra-Deepwater and Onshore Technology...
Presentations coming soon.
View ArticleCalifornia Regulates Energy Use for Computers
California regulators rules on the 1st mandatory energy efficiency standards for computers were announced on Friday, Sept 9th. Computers, monitors and related gadgets account for 3% of home electric...
View ArticleWorld’s 1st Offshore Exhibition at the Maritime Museum in the Netherlands
Forty-five of the world’s leading energy and shipping companies have contributed funding for the Offshore Exhibition opening in December in Rotterdam. Maritime Museum Director, Frits Loomeijer said,...
View ArticleDakota Pipeline Blocked Again
On Sept 9th, the U. S. court degreed that the pipeline complied with Federal law and permitted the 1,100 mile Dakota Access pipeline. Later in the day, after the courts had given the go ahead on the...
View ArticleThree more U.S. Oil Companies Declare Bankruptcy
Three more U.S. oil and gas companies have filed Chapter 11 for bankruptcy protection. Since the fall in oil prices the number of companies filing Chapter 11 has risen to 102. The three companies...
View ArticleWorld’s Largest Oil and Gas Union Set to Strike
On Friday, Brazil oil workers rejected the latest Petrobras wage and benefit offer and are set to strike. In November 2015 Petrobras workers were on strike for 20 days, the longest oil worker’s strike...
View ArticleOil Price Falls and Supplies Increase
Oil prices fell last week. Brent fell below $46 per barrel to $45.79, and WTI fell to $43.18. Over the past two weeks prices have declined 9-10% due to increases in worldwide supply. Monthly reports...
View ArticleMarine Conservation
Last week 90 countries participated in the 3rd International conference on marine conservation of the world’s oceans. Over $5.3 billion was pledged to combat the dangers of pollution, climate change...
View ArticleFirst Shipment of U.S. Shale Gas arrives in Scotland
The first shipment of U.S. shale gas to the UK arrived in the Firth of Forth, Scotland, but strong winds delayed docking. The 27,500 M3 of ethane from shale gas is scheduled for delivery to the...
View ArticleDemand for Oil Fell in July
The U.S. Energy Information Administration (EIA) announced that the demand for oil in July fell for the first time in six months. Oil demand fell 1.3% in July a drop of 257,000 barrels per day compared...
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