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HomeOilfield Service

Oilfield Service

Inventories
Crude Oil News

U.S. Petroleum Inventories Fall More Than Expected

September 25, 2024 Mariel Alumit

Crude oil inventories in the United States fell by 4.339 million barrels for the week ending September 20, according to The American Petroleum Institute (API). Analysts had expected a drop, but a much smaller one […]

North Dakota oil production
Crude Oil News

North Dakota oil production down 18,000 bpd in July vs June to 1,168,000 bpd – state regulator

September 24, 2024 Mariel Alumit

Oil production in North Dakota fell 18,000 barrels per day (bpd) to 1.168 million bpd in July, monthly data from the state Industrial Commission showed on Monday. Wells permitted jumped to 107 in July and […]

Climate Crisis

Georgia Nuclear Boosts Energy

September 23, 2024 Andy Del Prado

Daily Standup Top Stories Georgia’s Clean Energy Outpaces Fossil Fuels with New Nuclear Boost September 22, 2024 Stu Turley For the first time ever, the U.S. state of Georgia has more clean power than hydrocarbon fueled […]

Drilling
Crude Oil News

Oil, Gas Drilling Stalls in U.S.

September 20, 2024 Mariel Alumit

The total number of active drilling rigs for oil and gas in the United States fell slightly this week, according to new data that Baker Hughes published on Friday. The total rig count fell by […]

Crude Oil News

Oil’s Uncertain Future

September 19, 2024 Andy Del Prado

Daily Standup Top Stories Oil Is Not Out of the Woods Yet September 18, 2024 Stu Turley Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being […]

Oil
Crude Oil News

Oil Is Not Out of the Woods Yet

September 18, 2024 Stu Turley

Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being fueled by the U.S. Federal Reserve, which is later today expected to announce the first rate […]

Maersk Supply Service
International News

Maersk Supply Service orders newbuild for Cenovus’ Canadian oilfield

September 16, 2024 Mariel Alumit

Danish offshore energy contractor Maersk Supply Service has been awarded a contract by Canadian oil and natural gas company Cenovus Energy for a field support vessel to support operations in the White Rose field. According […]

UBS
Crude Oil News

UBS: Francine May Have Disrupted 1.5 Million Barrels of U.S. Crude

September 12, 2024 Mariel Alumit

Analysts at Wall Street bank UBS estimate that hurricane Francine may have disrupted up to 1.5 million barrels of U.S. crude production. The Weather Channel expects Hurricane Francine to “continue to weaken as it tracks […]

Transocean
Crude Oil News

Transocean clinches $232m drillship deal with BP

September 11, 2024 Mariel Alumit

Swiss-based offshore drilling giant Transocean has won a 365-day contract for one of its ultra-deepwater drillships. The contract was awarded by energy major BP to the 2022-built Deepwater Atlas which will work in the US […]

Crude Oil News

Chevron Pulls Workers From Offshore Oil Platforms As Tropical Storm Nears

September 9, 2024 Stu Turley

Chevron announced that non-essential employees and contractors have been pulled from four platforms in the US Gulf of Mexico ahead of a tropical storm. Potential Tropical Cyclone Six, or Invest 91L, churns in the southwestern Gulf […]

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