Physical Attacks Need to Remain a Focus in the Oil and Gas Industry
When discussing ‘attacks’ in the oil and gas industry, the most concern has centred on the digital realm. While we are experiencing a cyber revolution,...
2017 September-October
Hydraulic Drives that Fit the Application
For OEMs that design and build equipment or machinery, the hydraulic systems that drive the elements that lift, push, pull, drill or dig are often...
Continental Resources Ups Production Expectations for the Year
Oklahoma City-based Continental Resources Inc. reported their 2017 second quarter financials on August 8, 2017 and updated their guidance for the remainder of the year....
EIA Forecast and OPEC Meeting Move Oil Price
The oil market continues to experience price volatility as shifting variables test investors’ fortitude. An August 8 OPEC meeting and the Energy Information Administration’s (EIA)...
Industry Recovery Continues But Can It Last?
Even though there have been some bumps along the way, the oil and gas industry in Texas has been on a slow, methodical road to...
‘Drill, Baby, Drill’ Plan Shows Results
Just a few years ago there was a debate over energy policy that included the phrase “drill, baby, drill.” The belief was that if drilling...
eDrilling Guest Interview: Digitizing and Digitalization of the Oil and Gas Industry
These are indeed defining times for the industry. We sat down with eDrilling’s VP Product Management and Strategy, Morten Svendsen, to hear his views on...
LOGA Highlights Importance of Relationship with O&G Industry
To demonstrate the importance of the oil and gas industry to the state of Louisiana, the Louisiana Oil and Gas Association (LOGA) released a statement...
ConocoPhillips Releases Financial Report for Second Quarter
ConocoPhillips—its latest financial report released on July 27—reported a significant step forward in the move to meet financial and operational goals. The Houston, Texas-based firm...
OPEC Receives a Painful Economics Lesson
The Organization of Petroleum Exporting Countries (OPEC) is getting a first-class education in the law of supply and demand, i.e. when supply outstrips demand prices...