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Iran’s gas field saw partial shutdown but Strait of Hormuz flows remained uninterrupted. While Iran consumes all its gas domestically due to sanctions, neighboring Qatar exports 77M tonnes annually from the shared field with Exxon and Shell. to April highs after Friday’s 4.8% Read more Baker Hughes reports U.S.
AI in Logistics and SupplyChain Management The oil and gas sector relies on complex supplychains, and AI is transforming logistics management. AI-driven algorithms optimize transportation routes, monitor inventory levels, and predict supplychain disruptions before they occur.
28 the expansion of its service center located in Midland, Texas, citing its desires to meet the growing demand of customers in the Permian Basin and other key shale plays across the United States. customers, leveraging its technological expertise, unmatched industrial capacity and broad field presence.
Permian Basin: The Backbone of U.S. Production The Permian Basin remains the most productive oil and natural gas field in the U.S. Bcf/d by the end of 2025, midstream operators are aggressively expanding infrastructure to capture this growing supply. With expected crude oil output increasing to 6.6
Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supplychain. Assets: Upstream assets include oil and gas fields (land and mineral rights), drilling rigs, production platforms, and wells. What is oil and gas upstream midstream downstream?
As a critical supplier of chemical products across the US to our clients in diverse industries, we are taking particular care to reinforce our logistics and product supplychain. If the La Nia conditions remain, we may see a steady line of named storms well into the fall and perhaps beyond the typical season of November 30th.
The worlds largest energy companies have just released their Q1 2025 results, offering a detailed look at how the sector is holding up amid fluctuating commodity prices, ongoing supplychain pressures, and the growing influence of gas and LNG markets. shale basins. TWh , the same as Q1 2024. Boe, with cash G&A at $0.87/Boe
Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders. .”
Quietly, smartphone apps and the ability of accounting software to mine and analyze data from field monitoring systems have replaced paper forms, lost tickets and intermittent readings with smooth dataflow, real-time data, and real efficiencies. Nonetheless, it looks radically different than it did 10, even five years ago.
This is the kind of pride one can take when surveying the fact that more of the Permians needed infrastructure and manufacturing is happening in the Basin itself. These factors, combined with an evolving political and economic landscape, position the Permian Basin for sustained growth in the years ahead. Affinity Steel keeps growing.
natural gas: Permian Basin Pipeline Projects: Two major pipelines totaling 4 bcf/d capacity are being developed to transport gas from the Permian Basin to Mexicos Pacific Coast. To remain viable, companies will need to establish long-term contracts, reduce operational costs, and enhance supplychain resilience.
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