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Analysis: US Crude Exports Hit Record in September
Nov 8, 2016US crude exports rose 35,000 b/d to a record 692,000 b/d in September after Brent's premium to WTI widened, an analysis of Census Bureau data released Friday showed. Brent's premium over WTI widened from 34 cents/b in May to average ...
Tags: crude exports, crude
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Trafigura Grows Trading Volumes Amid Crude Oil Oversupply, Volatility
Dec 15, 2015Switzerland-based commodity trading house Trafigura said Monday that falling oil prices, significant volatility, structural oversupply and the emergence of contango price structures have created significant opportunities in the crude and ...
Tags: Trafigura, oil prices, crude oil
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Noble Energy's Key Gulf of Mexico Fields Come Online, Quick Ramp-UPS Eyed: CEO
Nov 4, 2015Noble Energy's two long-awaited deepwater Gulf of Mexico fields came on stream ahead of schedule in late October and should reach peak in the next couple of weeks, the company's CEO said Monday. The Dantzler and Big Bend fields, in water ...
Tags: Noble Energy, Crude, sales volumes
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GAIL Announced The Signing of a MOU with Sumitomo Corporation
Aug 13, 2014GAIL (India) Limited announced the signing of a Memorandum of Understanding (MOU) with Sumitomo Corporation, Japan (Sumitomo). Under the MOU, GAIL and Sumitomo will pursue business opportunities in natural gas and LNG value chain business ...
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April Shipments Also Rose 3% Month on Month, From 430,829 B/D in March
Jun 6, 2014Outbound shipments of Eagle Ford Shale crude and condensate through the Port of Corpus Christi rose to 445,615 b/d in April from 289,987 b/d in April 2013, the most recent data released by the port showed. April shipments also rose 3% ...
Tags: Crude Shipments, Eagle Ford
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Outbound Shipments of Eagle Ford Shale Crude Jumped to 430,829 Barrels/Day in March
Apr 28, 2014Outbound shipments of Eagle Ford Shale crude and condensate through the Port of Corpus Christi jumped to 430,829 barrels/day in March from 340,158 b/d in February, according to data released by the port. Shipments have been on the rise ...
Tags: Crude Shipments, Eagle Ford
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US Crude Production Will Average 8.39 Million B/D in 2014
Mar 13, 2014With US refineries expanding their capacity to process more domestic light oil in the coming years, the US Energy Information Administration on Tuesday said it expects refinery crude inputs to reach 15.52 million b/d this year and 15.61 ...
Tags: US Refinery, Domestic Production, light oil
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Cold Winter Conditions Have Hampered Well-Completion Activity in The US
Mar 13, 2014Cold winter conditions have hampered well-completion activity in the US, prompting the Energy Information Administration to revise downward its projections of US crude output for this year. The EIA, in its March Short-Term Energy Outlook, ...
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Natural Gas Production Is Expected to Increase in Five of Six Significant US Shale Plays
Mar 13, 2014Natural gas production is expected to increase in five of six significant US shale and unconventional plays in April compared with March levels, according to the US Energy Information Administration. The EIA's monthly drilling ...
Tags: Natural Gas, Per-rig gas, shale
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South Texas' Giant Eagle Ford Shale Was The Best Asset for Big US Upstream Operator EOG
Feb 27, 2014South Texas' giant Eagle Ford Shale was the best asset for big US upstream operator EOG Resources in 2013 and will again drive oil growth this year, the company's CEO said Tuesday. Last year Houston-based EOG focused on improving well ...
Tags: Eagle Ford, Oil Growth
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The U.S. Onshore Well Count for The Fourth Quarter 2013 Is 9,056 Wells,Down 19 Wells
Jan 14, 2014Baker Hughes Incorporated (NYSE: BHI) announced today that the U.S. onshore well count for the fourth quarter 2013 is 9,056 wells; down 19 wells from the revised 9,075 wells counted in the third quarter 2013. Compared to the fourth quarter ...
Tags: Baker Hughes, 2013 Well Count, Oil News, Gas News
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Matador Resources Company Provided an Update on Various Aspects of Its Business
Jan 10, 2014Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”), an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an ...
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GE Energy Financial Services Formed Its Third Partnership with a Vess Oil Corp
Jan 10, 2014GE Energy Financial Services, a unit of GE (NYSE:GE), has formed its third partnership with a Vess Oil Corp. affiliate to purchase oil reserves in East Texas for $108 million. The partnership is acquiring approximately 13,000 net acres and ...
Tags: GE Energy Financial Services, Vess Oil, East Texas, oil reserves
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Abraxas Petroleum Corporation Provides The Following Operational and Acquisition Update
Jan 8, 2014Abraxas Petroleum Corporation (NASDAQ:AXAS) is pleased to provide the following operational and acquisition update. "Given the early results of the Blue Eyes 1H, we have elected to drill the Snake Eyes 1H on the company's Jourdanton ...
Tags: Abraxas Petroleum Corporation, acquisition, operational update
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Strata-X Energy Ltd Provide an Update on The Continued Exploration and Appraisal Programs
Jan 8, 2014The directors and management of Strata-X Energy Ltd. ("Strata-X" or the "Company") (TSX VENTURE:SXE) (ASX:SXA) are pleased to provide an update on the continued exploration and appraisal programs on the Company's Maverick and Vail Oil ...
Tags: Strata-X, update, exploration, appraisal program
