Hart Energy recently spoke with proppant tech firms Hexion and Fairmount Santrol about reengineering billions of grains of frack sand in the Permian Basin.
Stratas Advisors is forecasting the price of crude oil will move upward this week with support from geopolitical events and indications that OPEC will extend its production cuts.
The price of Brent crude is forecast to move upward testing $56.60 this week. Here’s why.
A Colorado-based startup shines new light on methane emissions to spot leaks. Hart Energy spoke with Dirk Richter, founder and CEO of Quanta3, about its laser technology now deployed in the Eagle Ford in partnership with Statoil.
In this video, DUG Permian attendees and exhibitors discuss hot plays in the Permian, infrastructure development and the Trump administration’s energy policies.
For the upcoming week, Stratas Advisors is forecasting that the price of Brent crude will move upward, testing $54.50. The firm also expects the Brent-WTI differential will trade in the range of $2 and $2.50 with respect to the June contract.
Stratas Advisors predicts that the price of Brent crude will be under pressure this week with support at $50 as oil traders continue to reduce their net long positions.
Oilfield well completion equipment provider Magnum Oil Tools International has deployed its 10,000th Magnum Vanishing Plug™ (MVP™) since the product’s launch in 2014.
The price of Brent crude will trade sideways with support at $50.90. Meanwhile, the Brent-WTI differential will continue to trade between $2 and $2.50 with respect to the May contract.
Energy data drives the competitive edge.
For the upcoming week: U.S. production and drilling continues to increase but so far OPEC is conforming to the agreed production cuts.
New sucker rod couplings increase well run times and fluid production for Hess in the Bakken.