Despite an expected decrease in Lower 48 production for the second half of 2015, ConocoPhillips repeated its assertion that full-year production will increase 2-3%, thanks to five major projects around the world that are expected to come online before year’s end.
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U.S., Canada Issue Final Rule on Crude Oil Rail Shipments
The U.S. Department of Transportation (DOT), along with its Canadian counterpart, on Friday issued a final rule on the shipment of flammable liquids by rail, including crude oil and other petroleum products.
May 1, 2015
Oil-Directed Rig Count Falls as ‘New Resiliency’ Noted For Production
The Texas rig count fell again in the latest Baker Hughes Inc. tally of active rigs, released Friday (May 1), and oily plays led the charge as producers continue to seek to balance supply with demand.
May 1, 2015
U.S., Canada Issue Final Rule on Crude Oil Rail Shipments
The U.S. Department of Transportation (DOT), along with its Canadian counterpart, on Friday issued a final rule on the shipment of flammable liquids by rail, including crude oil and other petroleum products.
May 1, 2015
Oil-Directed Rig Count Falls as ‘New Resiliency’ Noted For Production
The Texas rig count fell again in the latest Baker Hughes Inc. tally of active rigs, released Friday (May 1), and oily plays led the charge as producers continue to seek to balance supply with demand.
May 1, 2015
EIA Crude Rail Stats Deconstructed; North Dakota Adds Inspectors
The transportation of more crude oil by rail nationwide continues to draw attention, which likely will continue, according to both…
April 30, 2015
Texas Frack Bill Passed Out of Senate Committee
Legislation that would prevent Texas municipalities from enacting ordinances that interfere with oil/natural gas drilling activities is on its way to the state Senate after passing out of committee Thursday.
April 30, 2015
EIA Crude Rail Stats Deconstructed; North Dakota Adds Inspectors
The transportation of more crude oil by rail nationwide continues to draw attention, which likely will continue, according to both the U.S. Energy Information Administration (EIA) and North Dakota legislators.
April 30, 2015
Texas Frack Bill Passed Out of Senate Committee
Legislation that would prevent Texas municipalities from enacting ordinances that interfere with oil/natural gas drilling activities is on its way to the state Senate after passing out of committee Thursday.
April 30, 2015
Texas Operators Completing More Gas Wells, Far Fewer For Oil
Texas drilling permit activity in March fell to less than half the level of one year ago while operators reported 48% fewer oil well completions and…
April 28, 2015
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