clock_spring_installing_a_repair_offshore
During a scheduled inspection on an offshore production unit working offshore Africa, workers discovered corrosion on a 26-in. topside production piping system.
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Brent fell $1.29/bbl last week to average $71.82/bbl as WTI fell $1.79/bbl to average $66.12/bbl.
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Ashley Petersen
Diamondback Energy_Energen_Carrizo Oil and Gas_Exxon Mobil_BP_Hess_Talos Energy_W&T Offshore_Devon Energy_Gulf of Mexico
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.
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Jessica Morales
petrolitium_industryvoice_oil_wastewater
Petrolithium™ is lithium derived from oil & gas wastewater. It is a new source of lithium that's revolutionizing the energy sector.
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Brent fell $0.54/bbl last week to average $73.11/bbl while WTI fell $0.89/bbl to average $67.91/bbl.
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Ashley Petersen
Diamondback Energy_Apache_Encap Midstream_Moda Midtream_Lotus Midstream_Oxy_China_tariffs
In China, tariff rhetoric kept heating up, this time over LNG with the country threatening a 25% tariff on U.S. imports.
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Jessica Morales
Despite pronounced weakness at the end of the week, Brent and WTI traded generally sideways last week.
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Ashley Petersen
BHP_BP_Anadarko_Chesapeake_Williams_Northern Oil and Gas_Pioneer
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?
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Jessica Morales
Schlumberger_Halliburton_ConocoPhillips_Total_Occidental Petroleum
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.
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Jessica Morales
What's Affecting Oil Prices the Week of July 23, 2018? (Source: Shutterstock.com)
For the week ahead, Stratas Advisors expect geopolitical concerns to help stop the crude price bleeding and allow Brent to trade generally sideways.
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Ashley Petersen
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Addressing the need to accurately profile hydrocarbon production, FlowProfiler “Engineered Delivery System” precisely places oil tracers with proppant in to the fracture network.
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ConocoPhillips_Alaska_IEA_World Energy_Plains All American Cactus II_steel tariffs
Plains All American’s Cactus II pipeline became the first major energy project to be denied an exclusion to the tariff on imported steel. 
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Jessica Morales

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