AIQ, Partners to Boost Drilling Performance with AI ROP Project
The AI Rate of Penetration Optimization project will use AI-enabled solutions to provide real-time recommendations for drilling parameters.
Kolibri CEO Expects Tishomingo Well Pad to be ‘More Economic’
Kolibri Global Energy Inc., an operator in the Tishomingo Field in Oklahoma, reported strong performance at its Alicia Renee well pad.
Oil Set for Weekly Loss on Surplus Fears After OPEC+ Cut Extensions
The Organization of the Petroleum Exporting Countries and its allies on Dec. 5 pushed back the start of oil output rises by three months until April.
BP Seeks Buyers for US NatGas Pipeline System Stake, Sources Say
BP is seeking buyers for a stake in its U.S. natural gas pipeline network, sources say.
Pickering: Will Improving Drilling Efficiencies Outrun Inventory-led M&A?
Concerns on remaining inventory are a big driver of M&A activity, but improving drilling efficiencies allow for low rig counts to keep high production, says Dan Pickering, the chief investment officer of Pickering Energy Partners.
BP Seeks Buyers for U.S. Natural Gas Pipeline System Stake, Sources Say
BP is seeking buyers for a stake in its U.S. natural gas pipeline network, four people with knowledge of the matter said. The British energy company could raise up to $3 billion from the sale, two of the people said, with one of them adding that BP may sell up to a 49% stake in …
BP Seeks Buyers for U.S. Natural Gas Pipeline System Stake, Sources Say Read More »
A Winter Weather Puzzle Is Raising the Risk of Meteoric Energy Inflation
Natural gas, wheat and other commodities are poised for a rollercoaster ride on geopolitical tensions and shifting forecasts for cold. A winter forecasting enigma is poised to send prices for energy and food on a bumpy ride in the next few months, with commodities from natural gas to wheat at risk of breakneck gains against a backdrop of geopolitical …
A Winter Weather Puzzle Is Raising the Risk of Meteoric Energy Inflation Read More »
Permian EOR Firm Plans Reverse Merger with Coconut Water Brand
Roosevelt Resources, which is developing an EOR project in the Texas Permian Basin, aims to go public through a reverse merger.
Afterthought to Asset: How Data has Transformed Oil, Gas Decision-Making
Digital data points have transformed from a byproduct of operations to the main driver of innovation in the energy industry, says Fabricio Sousa, president of Worley Consulting.
EIA Reports 30-Bcf Drop in Stored NatGas, Missing Expectations
The withdrawal of U.S. natural gas in storage was lower than expected, but prices remain above $3.