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HEADLINES: Dealing Diamondback Does It Again
Midland-based Diamondback Energy has announced more than $10 billion in acquisitions in a week. Also, Exxon Mobil leads high bidders in U.S. Gulf of Mexico lease sale.
IndustryVoice: Petrolithium: Extracting Today's Hottest Mineral From Brine
Petrolithium™ is lithium derived from oil & gas wastewater. It is a new source of lithium that's revolutionizing the energy sector.
What's Affecting Oil Prices This Week (August 13, 2018)?
Brent fell $0.54/bbl last week to average $73.11/bbl while WTI fell $0.89/bbl to average $67.91/bbl.
IndustryVoice: Composites Repair In-Service Topside Piping System
During a scheduled inspection on an offshore production unit working offshore Africa, workers discovered corrosion on a 26-in. topside production piping system.
HEADLINES: Permian Deals Dominate Week
In China, tariff rhetoric kept heating up, this time over LNG with the country threatening a 25% tariff on U.S. imports.
What's Affecting Oil Prices This Week (August 6, 2018)?
Despite pronounced weakness at the end of the week, Brent and WTI traded generally sideways last week.
HEADLINES: Chesapeake, BHP Weren't The Only Ones Making Big Moves
Williams, Northern Oil & Gas, Pioneer Natural Resources also made A&D news this week. And, how much more oil is Anadarko producing in the Permian?
Oilfield Services, Producers Release Earnings; US Shale Gets High Marks
Oilfield services giants Schlumberger and Halliburton got the ball rolling with second-quarter earnings reports this week as higher oil prices boosted earnings for producers.
What's Affecting Oil Prices This Week (July 23, 2018)?
For the week ahead, Stratas Advisors expect geopolitical concerns to help stop the crude price bleeding and allow Brent to trade generally sideways.
IndustryVoice: An Engineered Approach To Understanding Hydrocarbon Production
Addressing the need to accurately profile hydrocarbon production, FlowProfiler “Engineered Delivery System” precisely places oil tracers with proppant in to the fracture network.
HEADLINES: ConocoPhillips’ Latest Oil Discovery Plus IEA Outlook
Plains All American’s Cactus II pipeline became the first major energy project to be denied an exclusion to the tariff on imported steel.
What's Affecting Oil Prices This Week (July 16, 2018)?
Brent and WTI both fell last week as supply outages eased and Russia and other producers continued to reiterate that they could provide additional supplies if needed.