Exploration and production — rigs, reserves, basins and the companies bringing hydrocarbons to the surface.
Best-in-class oil & gas SaaS ERP provider anticipates accelerated growth in the New Year, aims to grow market share among large E&P companies, and confirms commercial…
Weight of Hydraulic Fracturing in the Industry Hydraulic stimulations in the oil and gas industry are positioned as one of the first three solutions to fields…
Despite the effects of COVID-19 on global demand and supply, the outlook for South America’s offshore production is on track to surpass volumes coming from North…
Following ExxonMobil’s Q3 earnings release; Steven Ho, Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view: “ExxonMobil is very confident…
Having left the Beechcraft Bonanza G36 sitting in the steadily warming Texas sun, Jonathan Grammer is now three miles south of Haskell, Texas, watching the dirt…
August 27, 1859, was a defining moment for America when the first oil well was drilled near Titusville, Pennsylvania. It set the course for industry and…
Current Realities in the Oil and Gas Property Acquisitions and Divestitures Market Riverbend continues to see a disconnect between buyers and sellers in the property acquisition…
Increasingly stringent flaring regulations have been a hot topic of discussion in the upstream oil and gas industry for several years. Levels of natural gas flaring…
Following the news on Alaska Ballot Measure 1, through which voters in the state will decide on whether taxes on oil should be increased for selected…
HOUSTON – Quorum Software (Quorum), a Thoma Bravo portfolio company and the leader in digital transformation for the oil and gas industry, announced today that it has…
In 1912 the French geophysicist Conrad Schlumberger, after recording the first geological map of equipotential curves, applied the data to locating iron ores and subsurface structures…
COVID-19 has undeniably shaken global economies to their very core, and the world has responded by changing at rapid speed. Additionally, the pressure of climate change…
Ongoing chemical treatments are among the top production costs in almost every basin, coming in at around eight to ten percent on average on the low…
With operational disruptions, supply chain lags, and reductions in consumer spending, the coronavirus pandemic continues to impact business globally. Stalled or stopped business activities, combined with…
During these challenging times, with rigs drastically cut and completion crews on indefinite hold, finding ways to immediately impact cash flow is critical. If you are…
The upstream sector of the oil and gas industry is based on the first stage of a reservoir’s lifetime. This cycle takes into account the processes…
The global oil & gas analytics market was valued at US$ 13 billion in 2019 and is anticipated to expand at a CAGR of ~15 percent during the forecast period. Based on…
HOUSTON – C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has completed the installation of several stem clamps for…
A total of 18 planned and announced Floating Production Storage and Offloading (FPSO) projects are expected to be deployed offshore Brazil during the outlook period 2020–2025,…
Operators in the Americas region have had to manage projects and mitigate the effects of COVID-19 through severe production cuts and reductions in investments. As opposed…
Following today’s announcement of Equinor’s appointment of a new CEO, with an increased focus on the energy transition; Will Scargill, the Managing Oil & Gas Analyst…
Following yesterday’s announcement of BP’s strategy for transition from an international oil company to an international energy company, Will Scargill, Managing Oil & Gas Analyst at…
Baton Rouge, LA – ExxonMobil Baton Rouge earned multiple awards by the American Fuel and Petrochemical Manufacturers’ (AFPM) for outstanding safety performance. The Baton Rouge Polyolefins…
Following the release of Shell’s Q2 2020 earnings call; Effuah Alleyne, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers her…
Following the release of Schlumberger’s Q2 2020 earnings call; Effuah Alleyne, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers her…
Austin, Texas — A new report released Wednesday, July 29, 2020, by the Texas Independent Producers & Royalty Owners Association (TIPRO) shares data and analysis on…
Following the news that Chevron is to acquire Noble Energy for $13bn; Adrian Lara, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics…
Amidst oil & gas industry downturn, W Energy Software’s market share surges forward for natural gas plant accounting, liquids transportation, and upstream ERP as energy sector…
Venezuela’s oil and gas sector was already caught in a vicious cycle well before the COVID-19 outbreak created a world economic crisis. Even though there are…
With limited exit and financing alternatives, oil and gas companies must take steps to address G&A and overhead costs to ensure the financial health of the…
Oilfield services companies will need to preserve capital and ride out the storm before they can expect to see an uptick in activity. Historically, there’s been…
North America is expected to be the frontrunner in global LNG liquefaction capacity growth through new-build (planned and announced) and expansion projects during the outlook period…
Leading provider of produced saltwater transportation and disposal services to deploy W Energy Software’s field data capture and cloud-based dashboard, providing new operational efficiencies for its…
In March 2020, talks broke down between OPEC leader Saudi Arabia and Russia, which is not a member of OPEC. The two oil-producing countries met in…
Bakken production is expected to fall through 2020, however, it will remain above 1million barrels of oil equivalent per day (mmboed) at the end of this…
Mining involves capital investment, with one-third accounting for equipment, according to Mordor Intelligence. Mining operations require the use of different machinery to achieve various tasks with accuracy…
Reduced demand due to economic slowdown, coupled with the COVID-19 outbreak, has led to cancellations of long-term liquefied natural gas (LNG) supply contracts and cargo deferments…
Rusty Hutson Jr is the boss of fast-growing US energy firm Diversified Gas & Oil.
Crude oil prices have firmed up from its crash one month ago, but the industry’s reduction in capital expenditures and decline in future drilling will negatively…
Natural gas prices have struggled in early 2020, hitting record lows due to U.S. dry gas production being at a record high – which has impacted…
Total SA’s (Total) robust upstream business tops the European majors’ peer group when assessed against the impact of COVID-19 and the current oil price volatility, says…
The global oil and gas industry has witnessed a significant slowdown in the number of oil and gas contracts and contract value, which is largely attributed…
Earnings of major international oil and gas producing companies have suffered in the first quarter of 2020 resulting from weaker product demand and lower realized oil…
Following the release of Q1 results from several oil and gas companies; Ella Benson Easton, Thematic Analyst at GlobalData, a leading data and analytics company, offers…
Following recent news about Oil Sands producers shutting down crude production due to their unprofitability; Adrian Lara, Senior Oil & Gas Research Manager at GlobalData, a…
Scoop-Stack hit a peak, in terms of rig count in 2018, averaging approximately 75 rigs for the year with the majority of them operating within the…
“Classic supply and demand imbalance.” “Perfect storm.” “Insane.” That’s how government and oil industry officials described the historic collapse of crude oil prices this week. On…
Following the historic fall of the West Texas Intermediate (WTI) futures price for May delivery into negative territory, going as low as negative US$37.6 per barrel;…
The oil industry in the United States once again faces dramatic declines in crude oil prices at the hands of foreign countries seeking to bankrupt high-cost…
In the wake of the coronavirus and collapse in crude oil prices, chemical, and oil and gas, and midstream companies will all slash capital spending (capex)…
