Virtual Operating: The New Oil Entrepreneur
John is a petroleum engineer with nearly 40 years of experience in the industry. He founded Select Exploration Group with his colleague Paul and they're running their small BOP Blow Out Preventer repair company gulf coast as virtual operators.



Texas Oil Regulator Shifts Stance on Gas Flaring
An unusual split vote by Texas regulators over the flaring of natural gas shows that the days of giving a free pass to the controversial practice in the Lone Star state may be numbered.



Oil Jumps Most in Month
Oil surged the most in nearly a month as investors digested Saudi Arabia's latest plan to help stabilize prices following a large dip earlier in the week that was fueled by demand concerns.



US Drops Another Eight Oil, Gas Rigs
The U.S. shed six oil rigs and two gas rigs this week.

The U.S. rig count continued its decline this week as the nation dropped another eight oil and gas rigs, according to weekly data from Baker Hughes, a GE Company.



Saudis Discussing Options to Halt Oil Slide
Saudi Arabia has phoned other oil producers to discuss possible policy responses.

(Bloomberg) -- Saudi Arabia has phoned other oil producers to discuss possible policy responses as oil prices fell to a seven-month low, a Saudi official said.



Oil Rebounds as Saudis Seek to Stem Slide
Oil rebounded from the lowest level since January after Saudi Arabia contacted other producers to discuss options to stem a rout.

(Bloomberg) -- Oil rebounded from the lowest level since January after Saudi Arabia contacted other producers to discuss options to stem a rout that’s been driven by the worsening U.S.



Oil Rebounds From Seven-Month Low
Oil advanced for the first time this week after Saudi Arabia signaled it's taking steps to stabilize the market, which has been rocked by the escalating U.S.



Chevron Phillips to Supply Pipe to EVX Midstream
Performance Pipe, a division of Chevron Phillips Chemical Company LP, will supply high-density polyethylene pipe to EVX Midstream Partners LLC to help in the Eagle Ford Basin.



Alberta's Oil Limits Seem to be Working
Alberta's oil oil rig flanges gulf coast production curbs finally appear to be draining inventories, at least for now.

(Bloomberg) -- Alberta’s oil oil rig flanges gulf coast production curbs finally appear to be draining inventories, at least for now.



US Cuts Brent Oil Price Forecast
The U.S. Energy Information Administration has cut its Brent spot price forecast.

The U.S. Energy Information Administration (EIA) has cut its Brent spot price forecast to $64 per barrel in the second half of 2019 and $65 per barrel in 2020 in its latest short-term energy outlook (STEO).

  1. Brent Extends Loss After Entering Bear Market | Gulf Coast Oil Rig Equipment & Repair
  2. China Rescues Venezuela's Worn Oil Refineries | Gulf Coast Oil Rig Equipment & Repair
  3. Oil Crashes to 7-Month Low | Gulf Coast Oil Rig Equipment & Repair
  4. Is the US Shale Boom Winding Down? | Gulf Coast Oil Rig Equipment & Repair

Contact our sales staff today to assist with your project. We are here for you.
Hablamos Español?

REQUEST A QUOTE