Good Idea for Sunday: Fill 'er Up!
Everyone should go to the gas station and fill your tanks today. There’s no need for panic, but you might save a little money by doing that. The attack on Saudi Arabian refining and other oilfield infrastructure by Huthi rebels supported by Iran Saturday has forced the Saudi government to...
Prince Abdulaziz Bin Salman Named Energy Minister of Saudi Arabia
Last Sunday, Saudi Arabia’s King Salman removed Energy Minister Khalid al-Falih and replaced him with Prince Abdulaziz Bin Salman. This marks the first time a royal family member has held this position, but Prince Abdulaziz is not taking over the position without knowledge or experience. He has been in...
Managing the Uncertainty Challenge in Reservoir Simulation
By: Irele Philip Evbomoen, P.Eng, Schlumberger Uncertainty Challenge A significant part of any reservoir simulation or production enhancement study involves adequately quantifying reservoir uncertainty, particularly when there is limited information available – as is often the case with most oil and gas fields worldwide. The inherent uncertainties start to manifest right...
Cheniere, Cheniere Announces Completion of 2nd LNG Export Train at Corpus Christi LNG
HOUSTON--(BUSINESS WIRE)--Sep. 3, 2019-- Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG) announced today that Substantial Completion of Train 2 of the Corpus Christi liquefaction project was achieved on August 28, 2019. Commissioning is complete and Cheniere’s EPC partner Bechtel Oil, Gas and Chemicals, Inc. (“Bechtel”) has turned over care, custody, and control of Train 2 to Cheniere. Cheniere, its...
How Oil and Gas is Saving Lives This Week, Grand Bahama
Grand Bahama this morning (September 4) looks a lot like Galveston did on September 9, 1900. – On September 8 of that year, the deadliest hurricane in American history slammed into Galveston Island with winds in excess of 140 mph – which would make it a Category 4 hurricane...
Austin, TX (August 28, 2019) – Enverus (formerly DrillingInfo), the leading energy SaaS and data analytics company, announced today that it has acquired approximately 200,000 geological well datasets from Reservoir Visualization, Inc (RVI). The expansion quadruples Enverus’ interpreted well log catalog and is the first announcement since the company...
ANCHORAGE, AK – August 27, 2019 - Hilcorp Alaska (Hilcorp) announced today it will acquire all of BP’s ownership in upstream and midstream interests in Alaska for $5.6 billion including the Milne Point and Point Thomson fields and Prudhoe Bay oilfield where BPXA is the operator. This transaction marks...
Allen-Gilmer, drillinginfo
By Allen Gilmer, Co-founder of Enverus (formerly Drillinginfo) For those in the oil patch who know me, I’m not one to normally quote the Bard … William Shakespeare. But in perhaps his most famous play, Romeo and Juliet, Shakespeare conjures up a question still relevant to many businesses today. Just about...
Ryan Zinke
Ryan Zinke, former U.S. Secretary of the Interior, has joined Cressman Tubular of Dallas, TX, in an advisory role. After his tenure as both commander in Navy SEAL Team Six and member of the president’s cabinet, Secretary Zinke looks to make his mark on the U.S. steel industry. In...
ITOP Kym Bolado May 2019 Featured, energy news, FMC Technologies
In the oil patch radio show is proud to bring you this week's energy minute produced by shale mag.com: Weatherford, one of the industry's oldest and largest oil field service company filed for chapter 11 bankruptcy protection on Monday, led by Saudi Arabia, Iraq and Russia. The OPEC plus nations...