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Oil Production in US Gulf Projected to Increase over Next Two Years

2021-04-14 16:00:00| OGI

The EIA expects 13 new projects could account for about 12% of total crude oil production in the U.S. Gulf of Mexico, or about 200,000 bbl/d, by the end of 2022.

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Sika Expands Production Capacity in Qatar

2021-04-13 16:30:00| Coatings World Breaking News

Company also started manufacturing epoxy resins.

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Texas Oil Pipelines Face Dry Months as Production Languishes

2021-04-13 15:57:26| OGI

Construction spree has led to more capacity than producers can meet.

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Continental Resources Says Texas Winter Storm Hit First-quarter Production

2021-04-13 14:57:18| OGI

Continental expects oil production to average about 152,000 barrels of oil per day and natural gas production to average about 935 million cubic feet per day.

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Permian Shale Producer Diamondback Energy Raises Production Outlook

2021-04-13 11:20:00| OGI

Diamondback Energy, which closed its acquisition of Denver-based producer QEP Resources last month, also raised its 2021 capex forecast to between $1.6 billion and $1.75 billion versus its previous forecast of $1.35 billion to $1.55 billion.

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