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HomeOFS

OFS

Pump Jacks in the Permian Basin created by Grok on X
Crude Oil News

U.S. Shale’s Capital Discipline Outweighs Trump’s Pro-Growth Rhetoric

January 19, 2025 Clark Savage

US shale producers are focused on capital discipline and shareholder returns, limiting the impact of Trump’s pro-oil policies. Increased Permian rig activity is unlikely to significantly boost oil production due to inventory depletion and efficiency […]

Climate Crisis

Week Recap: From Biden Sanctions to EU Dilemmas

January 18, 2025 Andy Del Prado

Daily Standup Top Stories What do oil and gas exports mean to the Russian economy? How will the new Biden Sanctions play with President Trump’s negotiations? January 12, 2025 Clark Savage ENB Pub Note: The following […]

TGS
Exploration and Production

TGS clinches four 4D streamer projects in Norway

January 15, 2025 Mariel Alumit

TGS Oslo-listed seismic data specialist TGS has won four 4D streamer acquisition projects off Norway. According to the company, three projects will be in the North Sea while one will be done in the Barents […]

Climate Crisis

Russian Economy vs. Sanctions

January 13, 2025 Andy Del Prado

Daily Standup Top Stories What do oil and gas exports mean to the Russian economy? How will the new Biden Sanctions play with President Trump’s negotiations? January 12, 2025 Clark Savage ENB Pub Note: The following […]

Fracking
Climate Crisis

GOP Rep Unveils Bill: No President Can Ban Fracking Without Congressional Approval

January 12, 2025 Clark Savage

Republican Rep. August Pfluger introduced a new bill Friday that would prevent the president from banning fracking nationally without the consent of Congress. [emphasis, links added] Pfluger’s “Protecting American Energy Production Act” would explicitly require […]

SLB
Big Oil Companies

SLB scores deepwater drilling contracts with Shell

January 9, 2025 Mariel Alumit

Shell Houston-based oilfield service giant SLB has been awarded a series of drilling contracts by Shell to support energy development across its deep- and ultra-deepwater assets. The scope of the contracts will include digital directional […]

Crude Oil News

Oil Prices Remain Rangebound as 2024 Draws to a Close

December 31, 2024 Clark Savage

Oil prices are ending the year very close to where they started the fourth quarter, with very limited movement in the last three months despite some major catalysts. US oil demand hit a new record […]

oil well drill ship created by Grok on X
Big Oil Companies

3 Key Trends To Watch In Offshore Oil & Gas Sector In 2025

December 26, 2024 Clark Savage

2024 has been another strong year for the offshore drilling market with high rig, OSV and subsea utilization and day rates. Analysts wonder whether oil prices will remain high enough to support the offshore oil […]

Saudi Arabia oil exports created by Grok on X
Crude Oil News

Oil Market 2024 in Review: A Year of Surprises and Shifting Demand

December 26, 2024 Clark Savage

Oil prices in 2024 were heavily influenced by Chinese demand and Middle East tensions, while US shale producers consolidated and remained cautious about production growth. Natural gas demand surged due to increased electricity consumption, driven […]

US Drilling in the Permian, created by Grox on X
Big Oil Companies

The American Shale Patch Is All About Depletion Now

December 25, 2024 Clark Savage

ENB Pub Note: Michael and I will cover this on our next podcast. As I have said, there will be no “Drill Baby Drill”, it will be more like: “Drill Baby when fiscally responsible.” Goehring […]

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