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Oil and Gas Investor A&D Trends: Fools, Liars, Charlatans

2021-01-15 22:00:00| OGI

The oil and gas industry was not sunk, but 2020 did damage that will take time to assess before deeming it as salvageable or a wreck.

Tags: gas oil trends investor

Category: Industrial Goods and Services

Exxon Mobil Says Latest Guyana Well Did Not Find Oil in Target Area

2021-01-15 21:45:08| OGI

The disappointment at Hassa-1 comes after Exxon said in November its crude discovery at the Tanager-1 well in the Kaieteur block was not financially viable on its own.

Tags: find area latest target

Category: Industrial Goods and Services

Nigerias Heirs Holdings Buys 45% of Oilfield OML 17

2021-01-15 21:18:19| OGI

In a separate statement, TNOG owner Heirs Holdings said it had taken a 45% stake in the field, acquiring the stakes of Shell, Total and Eni.

Tags: holdings buys heirs oilfield

Category: Industrial Goods and Services

IndustryVoice: CGGs GeoVerse Delivers Decades of Analytics-Ready Digitally Transformed Geoscience Data to Your Desktop

2021-01-15 21:00:00| OGI

Integrate a unique resource of rich geological data into your workflows for faster, better-informed decisions when evaluating E&P opportunities.

Tags: your data desktop decades

Category: Industrial Goods and Services

US Drillers Add Oil, Gas Rigs for 8th Consecutive Week

2021-01-15 19:16:39| OGI

The oil and gas rig count rose 13 to 373 in the week to Jan. 15, its highest since May, according to Baker Hughes Co.

Tags: add week gas oil

Category: Industrial Goods and Services

SEC Launches Probe of Exxon Mobil on Permian Basin Asset Valuation

2021-01-15 18:15:00| OGI

Several people involved in valuing the Exxon Permian Basin asset during an internal assessment in 2019 said employees were being forced to use unrealistic assumptions, according to a report from the Wall Street Journal.

Tags: sec mobil asset probe

Category: Industrial Goods and Services

Best of This Weeks Drilling Activity Highlights (Jan. 15, 2021)

2021-01-15 18:00:00| OGI

New Gulf of Mexico discovery by LLOG in the Mississippi Canyon Block 503 plus several Appalachian Basin completions including three Marcellus Shale discoveries from Chesapeake Energy top this weeks drilling activity highlights from around the world.

Tags: jan weeks activity highlights

Category: Industrial Goods and Services

Report: Nord Stream 2 Delays Resuming Construction

2021-01-15 16:11:35| OGI

An official says that the pipelines construction will not resume, even with permission from Denmark.

Tags: report construction nord stream

Category: Industrial Goods and Services

Pre-Qualification Sector Needs a Customer-friendly Reset

2021-01-15 16:00:00| OGI

Despite their rise across many sectorsincluding oil and gasto simplify the connection between service providers and hiring firms, pre-qualifying company procedures have become too cumbersome, says CanQualifys COO, Aaron Harker.

Tags: sector reset prequalification

Category: Industrial Goods and Services

OPEC Sees US Shale Output Recovering Further on Oil Rally

2021-01-15 15:56:19| OGI

The outlook for U.S. shale oil is slightly more optimistic due to rising prices and output will recover further in the second half of 2021, OPEC said on Jan.14, in a sign its policy of cutting output is helping rivals pump more.

Tags: oil output sees rally

Category: Industrial Goods and Services

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