Oil production in the US state of Texas, the largest oil producer of the nation, hit a record high in September 2013, according to new data released on Tuesday. The Lone Star State pumped 2.7 million barrels of crude oil per day during ...
W&T Offshore, Inc. (NYSE: WTI) announced today that it has recently received notices from U.S. Government regulators that could affect certain aspects of its operations on Federal oil and gas leases in the Gulf of Mexico. The Company ...
Tags: Metallurgy, Mineral, Energy, oil
PLH Group, Inc. (PLH), a portfolio company of private equity firm Energy Capital Partners, announced today that a consortium of large petroleum pipeline companies has selected Snelson Companies, Inc., a PLH company, to build 163 miles of ...
Tags: PLH, petroleum, consortium, Texas, pipeline
Production of light, sweet crudes from unconventional oil fields in the US is ramping up so fast that at some point it will outpace the country's refining capacity and -- at least for the Gulf Coast -- this could occur within two years, a ...
Tags: Metallurgy, Mineral, Energy, oil, Sweet Oil
Some predictions of surging global production of light, tight oil from unconventional source rocks may be overblown, with a of number of environmental and political question marks still hanging over the industry, delegates at a London oil ...
Water management company Layne Christensen Co has launched a water transfer business within its Layne Energy Services Division. Layne Energy Services was formed to address the water demands of the energy industry and provides solutions to ...
Tags: Layne Christensen, Water Transfer Business, Processing Machinery
Chevron is "in discussions" with Venezuela about adding opportunities to invest in that country following the recent death of its controversial populist President Hugo Chavez, Chevron CEO John Watson said Tuesday. But Watson told ...
Tags: Chevron, oil projects, oil field
The Houston to Nederland, Texas, segment of Shell Pipeline's Houston to Houma, Louisiana, crude pipeline reversal project is open for shippers, a company spokeswoman said Wednesday. "The reversal is progressing on schedule, and the ...
Tags: Shell Pipeline, crude pipeline reversal project, crude
While analysts are generally in consensus in forecasting Brent crude to average around $110/b in 2013, the surge in North American production and question marks on the timing of new infrastructure has made for a highly divergent set of ...
Tags: Brent crude, crude oil prices, crude oil market, Brent
US Steel Tubular Products, Inc a subsidiary of United States Steel Corporation and Butch Gilliam Enterprises LLC of Midland, Texas, announced the signing of a definitive agreement to form a joint venture to provide tubular services to the ...
Tags: oil&gas drilling, api steel pipe, steel repair, steel company
James McDonald,has joined the oil and gas team within Hempel Coatings as the primary engineering representative for the onshore upstream market.McDonald has spent more than a decade in the protective coatings industry,performing a variety ...
Tags: Hempel Coatings, oil, gas
The US Gulf Coast non-LST purity ethane assessment has fallen to its lowest level since August 2002, according to Platts data, a move attributed to increasing supplies form shale gas plays across the US. Ethane has fallen 68% on the ...
Tags: ethane, purity ethane, shale gas