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HomeOilfield Service

Oilfield Service

Oil
Crude Oil News

​​​​​​​It’s Spreading: America’s Top Oil Field Terrorized By Armed Venezuelan Gangs

September 6, 2024 Stu Turley

It’s only going to get worse from here, as the Biden-Harris administration’s disastrous open border policies have now come to a ‘neighborhood near you’ (for some of you). In the past week, we saw armed Venezuelan prison gang Tren de […]

Offshore
Exploration and Production

Noble wraps up Diamond Offshore acquisition

September 5, 2024 Mariel Alumit

Offshore drilling giant Noble Corporation has completed the acquisition of US offshore rig owner Diamond Drilling, after getting the final permit earlier this week. Noble said that the transaction, valued at around $2.1bn, enhances its […]

Oil
Crude Oil News

U.S. Oil, Gas Drilling Activity. Oil Production Slip

September 3, 2024 Mariel Alumit

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

Oil
Crude Oil News

Oil Rigs are where they were around COVID

September 2, 2024 Stu Turley

ENB Pub Note: This article is from Jeff Krimmel, LinkedIn. He has been a guest on the podcast with Michael Tanner on the Deal Spotlight, and we recommend following Jeff HERE: https://www.linkedin.com/in/jeffkrimmel/ US drilling rig […]

Crude Oil News

Why Africa Is Missing Out on The Oil Boom

September 1, 2024 Stu Turley

Africa’s largest oil producers, like Nigeria and Libya, have struggled to capitalize on recent high oil prices. International oil companies have reduced investments in Africa’s traditional oil fields, focusing on offshore opportunities in regions like […]

Crude Oil News

New Mexico Oil Production HUGE

August 28, 2024 Andy Del Prado

Daily Standup Top Stories Renewables Accounted for 14.6% of Global Energy Consumption in 2023 August 27, 2024 Mariel Alumit ENB Pub Note: The term “Renewable Energy” is a marketing term. Wind and solar cannot be even […]

Big Oil Companies

US Oil Dominance Hinges on Quiet Corner of New Mexico

August 27, 2024 Stu Turley

About 100 miles east of UFO-capital Roswell, a dusty corner of New Mexico with more cattle than people is quietly buttressing the US’s world oil dominance. After pumping less crude in the years leading up to the […]

Zombie Wells
Crude Oil News

Zombie Wells: A $280 Billion Problem the U.S. Can’t Ignore

August 17, 2024 Stu Turley

Millions of abandoned oil and gas wells in the US pose a serious environmental and public health risk. The Bipartisan Infrastructure Law allocates $4.7 billion to address the issue, but the estimated cleanup cost is […]

Subsea 7
Exploration and Production

Subsea 7 wins work in US Gulf of Mexico

August 16, 2024 Mariel Alumit

Oslo-listed Subsea 7 has won a sizeable EPC and offshore installation contract in the US Gulf of Mexico from an undisclosed client. The scope of work includes engineering, procurement, construction, and offshore installation of a […]

Oilfields
Big Oil Companies

The World’s 5 Most Largest Oilfields and Their Impact

August 12, 2024 Mariel Alumit

The Ghawar Field in Saudi Arabia is the largest oilfield in the world, with an estimated 170 billion barrels of original oil in place. The Burgan Field in Kuwait, the Ahvaz Field in Iran, the […]

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