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Oil Holds Near 3-Month High | Gulf Coast Oil Rig Equipment & Repair



Oil Holds Near 3-Month High
Oil held near a 3-month high as oil rig flanges gulf coast production cuts by Saudi Arabia tempered concerns a trade war between the world's 2 biggest economies will continue to weigh on the global growth outlook.
Published: 19 February 2019

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America's Shale Boom Keeps Rolling | Gulf Coast Oil Rig Equipment & Repair



America's Shale Boom Keeps Rolling
America's surging shale oil oil rig flanges gulf coast production shows little sign of abating, despite industrywide spending cuts.

(Bloomberg) -- America’s surging shale oil oil rig flanges gulf coast production shows little sign of abating, despite industrywide spending cuts, as explorers learn to do more with less.

Published: 19 February 2019

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Norwegian Production Decreases | Gulf Coast Oil Rig Equipment & Repair



Norwegian Production Decreases
Norwegian output decreased from December to January, according to the Norwegian Petroleum Directorate's latest preliminary figures.

Norwegian output decreased from December to January, according to the Norwegian Petroleum Directorate’s (NPD) latest preliminary figures.

Published: 19 February 2019

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Pipeline Rationing Report Causes WCS-WTI Spread to Widen | Gulf Coast Oil Rig Equipment & Repair



Pipeline Rationing Report Causes WCS-WTI Spread to Widen
Canadian heavy crude slips as pipeline rationing set to rise.

Published: 19 February 2019

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Schlumberger and Rockwell Create Digital Oilfield Solution | Gulf Coast Oil Rig Equipment & Repair



Schlumberger and Rockwell Create Digital Oilfield Solution
Schlumberger and Rockwell Automation are teaming up to create a fully integrated digital oilfield automation solutions provider for the oil and gas industry.
Published: 19 February 2019

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New Brazil Production Adds to OPEC Headache | Gulf Coast Oil Rig Equipment & Repair



New Brazil Production Adds to OPEC Headache
A new Brazilian oil supply boom is poised to challenge OPEC's oil buy Wellhead market balancing efforts.




Published: 19 February 2019

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Crude Oil Up Amid Growing Spread | Gulf Coast Oil Rig Equipment & Repair



Crude Oil Up Amid Growing Spread
Both the WTI and Brent finished higher Wednesday as the spread between the two benchmarks reached levels not seen since Nov. 2018.

Published: 19 February 2019

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Devon Energy to Divest Barnett Shale, Canadian Oil Sands Assets | Gulf Coast Oil Rig Equipment & Repair



Devon Energy to Divest Barnett Shale, Canadian Oil Sands Assets
In a move to becoming a U.S. oil growth business, Devon Energy's board of directors approved the company's separation of its Canadian oil sands and Barnett Shale assets.
Published: 19 February 2019

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OPITO Appoints Ex-Transocean Manager | Gulf Coast Oil Rig Equipment & Repair



OPITO Appoints Ex-Transocean Manager
Global energy industry skills body OPITO has appointed ex-Transocean manager Stuart Clow as a director.

Global energy industry skills body OPITO revealed Tuesday that it has appointed ex-Transocean manager Stuart Clow as a director.

Published: 18 February 2019

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Oil Holds Gains | Gulf Coast Oil Rig Equipment & Repair



Oil Holds Gains
Oil held gains at a 3 month high as investors focused on the prospects for a resolution to the U.S.-China trade war and signs of sliding shipments from the world's biggest crude exporter.
Published: 18 February 2019

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  1. China Oil Find Could Trigger Shale Drilling Surge | Gulf Coast Oil Rig Equipment & Repair
  2. Governor's Racial Reckoning May Halt Gas Project | Gulf Coast Oil Rig Equipment & Repair
  3. Targa to Sell Interest in Bakken Assets for $1.6B | Gulf Coast Oil Rig Equipment & Repair
  4. WTI Settles Above $56 | Gulf Coast Oil Rig Equipment & Repair

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