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Oil continues to rise gently as US/Sino talks continue.Today Pharos announces that it has received an extension to its block 125/126 in Vietnam and Tower hires a rig for Thali. The post Oil price, Pharos, Tower, Prospex. appeared first on Malcy's Blog. The post Oil price, Pharos, Tower, Prospex.
Oil rose last week and is quiet today, more sanctions around. The post Oil price, PetroTal, Touchstone, Jadestone, Sound, Seascape. The post Oil price, PetroTal, Touchstone, Jadestone, Sound, Seascape. appeared first on Malcy's Blog. And finally.
Oil is quiet ahead of a busy week culminating in Opec+ on Sunday. The post Oil price, Savannah, Serica, Angus, Zephyr, Deltic, Chariot, UOG, Coro. appeared first on Malcy's Blog. The post Oil price, Savannah, Serica, Angus, Zephyr, Deltic, Chariot, UOG, Coro. appeared first on Malcy's Blog.
When people think of the origins of the oil industry, their minds often go to Titusville, Pennsylvania, where Edwin Drake drilled the first successful oil well in the United States in 1859. While this site is historically significant, it is not the true birthplace of the oil well.
Oil is better today into 2H 2025. The post Oil price, CEG, Predator, Tower, Prospex, Petrofac. appeared first on Malcy's Blog. Challenger and Predator have a delay in Trinidad but not a problem , PRD also update on Morocco. Tower draw down as they buy kit and Prospex had a good raise.
The following blog is distilled from Enverus Intelligence® Research (EIR) publications. As the upstream oil and gas sector faces mounting pressure from rising costs and dwindling Tier 1 inventory, the need for smarter, faster and more efficient development strategies has never been greater. ¹
Oil is hushed ahead of August 1 tariff deadline. The post Oil price, Jadestone, UOG. And finally… appeared first on Malcy's Blog. Today an excellent update from Jadestone will help and UOG confirm its environmental permit.
Oil is up this morning on the back of an agreement in the US/Sino talks.And Reabold have results but looks very cheap with more cash than the market cap. The post Oil price, Reabold, Petrofac. appeared first on Malcy's Blog. And Petrofac has won a big contract, showing its operational excellence again.
Oil rallied on the USIran situation, Kistos looks in good nick at Balder and Petro Matad have 70% of their money from PetroChina. The post Oil price, Kistos, Petro Matad, Sound, Chariot. appeared first on Malcy's Blog.
Oil is a touch weaker today, tariff worries again. Yesterday Angus updated the market after the blog was published, as did Predator with its raise. The post Flash blog; Angus, Predator. appeared first on Malcy's Blog.
Oil is flat, listless around tariffs and US inflation figures. The post Oil price, Genel, GKP, Chariot, Petro Matad, Sintana. appeared first on Malcy's Blog. Today Genel and GKP are shut-in due to explosions in the fields and Petro Matad announces details of the retail offer.
Oil is remarkably quite firm after Opec+ increased production.Today Touchstone reveal excellent results and rockhopper look close to getting the insurance money from Ombrina Mare. The post Oil price, Touchstone, Rockhopper. And finally… appeared first on Malcy's Blog.
It seems almost nothing is going to stop Western Canada’s crude oil production growth. In today’s RBN blog, we consider how our outlook for Canadian production over the next several years stacks up against takeaway capacity and what additions will be needed to keep pace. and avoid a capacity crunch.
In today’s RBN blog, we discuss the newly completed channel-dredging project, related terminal improvements, and what they all mean for crude oil exporting economics in Corpus Christi.
API 580, the global standard for Risk-Based Inspection (RBI), plays a vital role in enhancing safety, reliability, and efficiency in the oil and gas industry. The post API 580: Complete Guide to Risk Based Inspection appeared first on PetroSync Blog. In this article, we’ll dive into the fundamentals of API 580, its [.]
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Oil is quiet as markets are shut for July 4th holiday and ahead of the Opec+ meeting on Sunday. UOG announced a raise yesterday and Coro updated the market The post Oil price, UOG, Coro. And finally… appeared first on Malcy's Blog.
July 21, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Read more US drillers add oil/gas rigs for first time in 12 weeks, Baker Hughes says Summary : For the first time in 12 weeks, the U.S. Stay tuned for weekly updates to keep you well-informed.
Oil fell sharply as expected on the peace news. The post Flash blog; Dec, Hunting, Corcel. appeared first on Malcy's Blog. DEC strike a deal with Carlyle, hunting an accretive acquisition in the UK and corcel has an exercise of warrants.
The following blog is distilled in part from Enverus Intelligence® Research (EIR) publications. million net acres and more than two billion barrels of oil equivalent in undeveloped net resource. EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries.
Crude-oil-focused production in the prolific shale play is generating vast and increasing volumes of produced water that needs to be recycled or injected into disposal wells. In today’s RBN blog, we discuss the latest developments and where things are heading. There’s a lot going on in the Permian produced water space lately.
In the ever-evolving oil and fuel industry, the function of a drilling engineer is no longer solely essential – it’s foundational to the success of any drilling operation. The post Drilling Engineer: Key Skills for Successful Oil Extraction appeared first on PetroSync Blog.
It appears to be going places in its bid to bring AI to the oil and gas sector, which, as Adamson noted, is the most "under-optimised industry on earth." The company offered the attendees, present company included, a demo of Orbital in action.
Drilling techniques originally developed to unlock oil and gas from shale formations are increasingly being adapted to access and extract heat from deep underground rock formations, enabling the generation of electricity from geothermal sources. expertise in oil and gas comes into play. And while geothermal’s share of total U.S.
Oil has settled at about $5 higher after Israel's attacks on the Iranian nuclear facilities. The post Oil price, DEC, Challenger, Arrow. And finally… appeared first on Malcy's Blog. DEC is looking attractive right now and Arrow has announced a buy back. Also Challenger has issued finals.
June 16, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oil prices fall more than $1 barrel on reports Iran seeks truce with Israel Summary : Oil prices fell 1.3% rigs dropped 4 to 559 (oil -9 to 442, gas +5 to 114), marking a 35-rig annual decline.
Oil is flat at the moment, today Hunting announces another good contract in subsea whilst Predator is testing in Morocco. The post Oil price, Hunting, Predator. And finally… appeared first on Malcy's Blog.
June 9, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oil prices steady ahead of U.S.-China China trade talks Summary : Oil prices held steady as investors awaited U.S.-China per gallon as global oil demand growth slows. and WTI at $64.64 per barrel.
After a $10 drop in the last two days oil has rallied a touch today. The post Oil price, Zephyr, Prospex, DEC. And finally… appeared first on Malcy's Blog. Zephyr has raised around £10m to but some production and set some aside to drill the Paradox.
In response to news that Israel has launched an attack on Iran, Al Salazar, director at Enverus Intelligence® Research (EIR), released this reaction explaining the significance on oil prices: “Oil prices have spiked on the increased probability that an oil supply disruption will occur due to the Iran-Israel conflict.
June 30, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oil prices fall on easing Middle East risks Summary : Oil prices held steady on June 30, with Brent crude at $67.64 Stay tuned for weekly updates to keep you well-informed. per gallon versus the $3.20
The Fifth Circuit Court of Appeals decided an interesting case involving recoupment of overpaid oil and gas royalties. Equitable recoupment is a commonly accepted remedy in the oil and gas industry. In DDR Weinert, Ltd. Ovintiv USA, Inc. , 23-50479, 2025 WL 636315 (5th Cir. They sold those tracts to DDR. in royalties since 2016.
Oil is quiet again, decent EIA stats helped overnight. The post Oil price, Zephyr, Pharos, And finally… appeared first on Malcy's Blog. Zephyr update from the Paradox project and Pharos have a great update.
Oil has bounced modestly and Angus has announced payment restructuring and directorship activity. The post Oil price, Angus, Petro Matad, appeared first on Malcy's Blog. Petro Matad has raised £2.84m for a variety of reasons.
Oil is up today after yesterday's fall as markets took on board the current conflict. The post Oil price, Seascape, DEC, Sunda. appeared first on Malcy's Blog. The post Oil price, Seascape, DEC, Sunda. appeared first on Malcy's Blog. Finally Sound has invested in solar and hydrogen in Morocco.
From oil and gas facilities to petrochemical plant and power generation sites, process piping plays a vital role in daily operations. Process Piping Code Essentials appeared first on PetroSync Blog. The ASME B31.3 Process Piping Code is one of the most important standards for industries that depend on safe and reliable piping systems.
Israeli attacks on Iranian oil and gas infrastructure. Still, in the midst of all this doubt and instability, oil and gas producers continue to buy and sell major upstream assets in the U.S. — In today’s RBN blog, we continue our look at recent big-dollar deals in the U.S. oil and gas industry.
The Wink to Webster Pipeline, operated by ExxonMobil, stands out as the largest crude oil pipeline by capacity exiting the prolific Permian Basin in West Texas. In today’s RBN blog, we’ll examine Wink to Webster’s complicated ownership structure, how it connects directly to terminals run by its owners and its destination flexibility.
It seems almost nothing is going to stop Western Canada’s crude oil production growth. In today’s RBN blog, we consider how our outlook for Canadian production over the next several years stacks up against takeaway capacity and what additions will be needed to keep pace. and avoid a capacity crunch.
June 23, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. How oil prices are faring after U.S. Read more US oil rig count down by 1, says Baker Hughes Summary : For the week ended June 20, the total U.S. Read more Iran has an oil card to play.
In the oil and gas industry, pressure vessel are essential components as they enable the secure containment of fluid under high pressure and often adverse environmental circumstances. The post Pressure Vessel Design: Ensuring Safety and Efficiency appeared first on PetroSync Blog. Design refers to the development [.]
API 581 is a globally recognized standard for Risk-Based Inspection (RBI) that offers significant advantages for the oil and gas industry. The post API 581: Essential Guide to Risk Based Inspection appeared first on PetroSync Blog.
This blog post is based on the technical paper “Optimizing Well Spacing to Maximize Horizontal Well Performance and Recovery”, co-authored by Ahmed Alzahabi, Alexander Trindade, Ahmed Kamel, and Kiran Sathaye. The paper was presented at URTeC 2025. Download the full paper here.
As detailed in our recent Permian-focused blog post , Energy Transfer is not just expanding to accommodate current demand but is preparing its network for long-term global LNG and petrochemical market exposure. Oil & Gas Operator Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
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