Permian Basin Oil and Gas Magazine

JULY 14, 2025

Senate Bill 1806 addresses regulations concerning the inspection, sale, and management of petroleum products, oil and gas equipment, and oil and gas waste. It amends existing criminal procedures and establishes new definitions and procedures particularly focused on petroleum products, such as crude oil and condensate.

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Oil & Gas 360º

JULY 15, 2025

Global refinery crude intake posted a sharp increase of 2.1 million bpd in June from May as refiners returned from maintenance, a sign of a stronger oil market, OPEC said in the report, adding that throughput was likely to stay high. According to OPEC, Kazakhstan’s oil production rose by 64,000 bpd in June to 1.847 million bpd.

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Oil & Gas 360º

JUNE 27, 2025

will not complete scheduled deliveries of crude oil into the Strategic Petroleum Reserve until the end of the year due to maintenance, as much as seven months behind schedule, the Department of Energy said on Thursday. billion for purchases and SPR maintenance. (BOE Report) – The U.S. So far this year only 8.8

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Oil & Gas 360º

JUNE 9, 2025

. “Bad timing for crude oil , which was testing the top of the range and knocking on the door of a technical break above $65,” Sycamore said, referring to WTI prices. trade deal outweighed concern over the price impact from increased output by the OPEC+ group of oil producers next month.

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Oil & Gas 360º

JULY 15, 2025

“However, if Trump does follow through, and the tariff is implemented effectively, it would drastically change the outlook for the oil market. Russia exports more than 7m b/d of crude oil and refined products,” they said. China, India and Turkey are the largest buyers of Russian crude oil. higher YoY. higher YoY.

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Oil & Gas 360º

JULY 10, 2025

The American SPR is the world’s largest emergency oil storage, able to hold 714 million barrels, or the equivalent of 35 days of U.S. oil consumption, when full. But it contained only 403 million barrels of crude oil as of July 4, according to government data, which is far below the record level of 727 million barrels reached in 2010.

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BOE Report

JUNE 26, 2025

will not complete scheduled deliveries of crude oil into the Strategic Petroleum Reserve until the end of the year due to maintenance, as much as seven months behind schedule, the Department of Energy said on Thursday. Former President Joe Biden’s administration scheduled 15.8

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OilPrice

MARCH 13, 2025

Despite the expected rise in OPEC+ production in April, Saudi Arabia is set to ship significantly lower crude oil volumes to China next month to levels not seen in over a year, Reuters reported on Thursday, quoting trade and industry sources.

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OilPrice

JUNE 4, 2025

Crude oil exports from Iran to its biggest buyer, China, shrank last month on tighter U.S. sanctions and refinery maintenance, Bloomberg has reported, citing data from Vortexa. million barrels of crude to China daily, which was 20% lower than export flows in May 2024. Per that data, Iran shipped a little over 1.1

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BOE Report

MARCH 12, 2025

crude oil stockpiles rose and fuel inventories fell last week as seasonal refinery maintenance season ticked along, the Energy Information Administration (EIA) said on Wednesday. Crude inventories rose by 1.4 million barrels to 435.2

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OilPrice

APRIL 30, 2025

Petrobras booked a virtually flat crude oil production for the first quarter of the year, at 2.77 Production of crude specifically registered a decline of 1%, to 2.21 Production of crude specifically registered a decline of 1%, to 2.21 million barrels daily, down by 0.2% on the first quarter of 2024. It was up by 5.4%

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Oil Maintenance Crude Oil Barrel 138

Oil & Gas 360º

APRIL 22, 2025

Energy Market Assessment: Expectations and oil prices have bottomed with heading up to summer- oil and gas 360 The drop in the price of crude oil, from its Winter high to a Spring-Time low exaggerated by Tariff Fear has us conclude the drop has bottomed. crude oil inventory.

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Oil & Gas 360º

MARCH 6, 2025

Energy Information Administration showed, as fuel producers undergo maintenance ahead of summer driving season. Net input of crude oil to refiners on average over 4 weeks to the last week was 15.5 crude export volumes also eased 9,000 bpd to 3.88 crude exports in 2024. refinery utilization stood at 85.6%

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Oil & Gas 360º

APRIL 25, 2025

(BOE Report) – Phillips 66 reported a bigger-than-expected loss in the first quarter on Friday, as lower refining margins amid a widespread maintenance and turnaround activity across the U.S. refining sector weighed on its performance.

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Egypt Oil & Gas

MARCH 6, 2025

Kazakhstan has increased in February its crude oil and gas condensate production by 13% to a record of 2.12 million barrels per day (bbl/d), exceeding its quota within the OPEC+ group of oil producers, as Reuters reported. Excluding gas condensate, Kazakhstan’s crude oil production surged by 15.5%

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Oil & Gas 360º

MAY 8, 2025

Marathon Petroleum posted a Q1 loss, citing weaker-than-expected margins, seasonal maintenance, and unplanned downtime as key drags on performance. Conversely, Chevrons refining unit outperformed, helping the company meet analysts expectations despite a soft crude price deck. Other major U.S. refiners posted similarly mixed results.

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Aresco

MARCH 13, 2025

The oil and gas industry has always been driven by innovation, and today, artificial intelligence (AI) is pushing the sector into a new era of efficiency, precision, and profitability. AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions.

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The Energy Law

AUGUST 4, 2014

Notice of Proposed Rulemaking According to Transportation Secretary Anthony Foxx, the “Bakken crude oil is on the high end of volatility compared to other crude oils,…[and] its production is skyrocketing, up from 9,500 rail car loads in 2008 to 415,000 last year, a more than 4,000 percent increase.” See 79 Fed.

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Oil & Gas 360º

MARCH 13, 2025

BW Offshore will continue to provide operations and maintenance services under a new five-year reimbursable contract. The FPSO will remain at its current location, supporting operations at the Cascade field (Walker Ridge 206 and 250) and Chinook field (Walker Ridge 469 and 425) in the Gulf of America.

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Pro-Gas Services

OCTOBER 15, 2024

They work by capturing vapors released during storage, transfer, or processing of liquids like gasoline, crude oil, and other chemicals. Applications of VRUs VRUs find applications across a wide range of industries, including: Oil and Gas. Capture VOCs during crude oil production, storage, and transportation.

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OilPro

AUGUST 6, 2024

In the oil and gas industry, the process of separating water and other impurities from crude oil and natural gas is crucial for efficient and safe production. Maintenance and Troubleshooting Regular inspection and cleaning are crucial for maintaining the performance and efficiency of a free water knockout system.

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Maintenance Exploration and Production Crude Oil Natural Gas 52

Scambio Termico

DECEMBER 17, 2021

In the past three decades, more than 30,000+ units have been installed globally in various applications like crude oil refinery, oil and gas, petrochemicals, pulp and paper, mining and metal industries, to name a few. Table 1 shows/compares design output on various parameters for both Compabloc and shell and tube technology.

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Egypt Oil & Gas

MARCH 17, 2025

CNOOC Limited is committed to building intelligent offshore oil and gas fields and developing oil and gas resources in a green and low-carbon manner, so that it could provide the society with clean, reliable, and stable energy supplies. The design concept of intelligent oil and gas fields were used in the two new projects.

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The Energy Law

SEPTEMBER 6, 2007

Crude oil was up over $2 per barrel. Furthermore, on September 5, FGT announced maintenance work beginning on September 6, which is expected to last until September 8. The unscheduled maintenance is on the larger of the two units located in Mississippi at Tennessee Carnes Interconnect, upstream of FGT Compressor Station.

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Oil & Gas 360º

APRIL 1, 2025

For this purpose, our definition of capital expenditures includes costs incurred related to oil and natural gas properties (such as drilling and infrastructure costs and lease maintenance costs) but excludes acquisition costs of oil and gas properties from third parties that are not included in our capital expenditures guidance provided to investors. (..)

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Rextag

JANUARY 9, 2025

ADJUSTED PRODUCTION AND VOLUME FORECASTS Shell also reduced its integrated gas production outlook for the fourth quarter to 880,000 and 920,000 oil-equivalent daily barrels, citing scheduled maintenance at a Qatar-based facility. For upstream productioncovering crude oil and natural gas extractionShell expects output of 1.79

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Pro-Gas Services

MAY 10, 2025

Natural Gasoline (C5+ or Pentanes Plus): A component in motor fuel blending, a diluent for heavy crude oil, and an industrial solvent. Continuous improvements in turboexpander design, including enhanced aerodynamics and active magnetic bearing (AMB) systems, lead to higher efficiencies and reduced maintenance.

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Pro-Gas Services

JANUARY 17, 2025

Suitable for Foamy Crude: Vertical separators are particularly well-suited for handling foamy crude oil, as their design minimizes the impact of foaming on separation efficiency. Their vertical orientation allows for efficient gravity separation in applications with lower gas-to-liquid ratios.

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Gas Exploration and Production Downstream Operator 40

Drillers

MARCH 19, 2020

Living on an offshore oil rig or a platform, or in living quarters on a vessel attached to a rig, all have similar challenges. Offshore oil fields represent a substantial portion of the worlds total crude oil output. Offshore oil activity is growing, and so is a demand for the workforce on the platforms that pump it out.

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Oil & Gas 360º

MAY 13, 2025

crude oil futures climbed more than $1 a barrel on Tuesday as the White House announced Saudi Arabias plans to invest $600 billion in the United States. Brent crude futures rose 88 cents, or about 1.35%, to $65.84 West Texas Intermediate (WTI) crude was up $1.13, or about 1.82%, at $63.08. (Investing) –HOUSTON -U.S.

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Oil & Gas 360º

MAY 27, 2025

The worlds top oil exporter has in recent years invested heavily in expanding and modernizing its refining and petrochemical capacity at home and overseas to meet growing demand for fuel and plastics while also securing outlets for its crude oil. It correlates with a 12% month-on-month drop in Saudi crude exports to 5.75

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Valor

MAY 19, 2025

bcm, crude oil increased 1.5% Crude oil processing fell 1.4% due to seasonal maintenance. Read more Chinas fossil fuels production retreats from record levels Summary : Chinas fossil fuel output declined in April from March’s record levels, though year-on-year production remained up: natural gas rose 8.1%

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Oil & Gas 360º

MAY 9, 2025

RBC Capital estimates break-even London-quoted Brent oil prices for large integrated international oil companies: $56 and $57/barrel for Chevron and Exxon, respectively, and for the British companies, $48 for Shell and $71 for BP. These estimates include maintenance of dividend payments.

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Oil & Gas 360º

MAY 2, 2025

Chevrons global oil production totaled 3.35 million barrels of oil equivalent per day (boepd), flat from the same period last year. Earnings from oil and gas production were $3.76 Scheduled maintenance in oil and gas production during the current quarter will lower output by about 105,000 boepd, the company said.

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Oil & Gas 360º

APRIL 9, 2025

The current tightness in the differential is being driven by low western Canadian inventories and maintenance on facilities and may eventually fade, said Jon McKenzie, chief executive officer of oil sands producer Cenovus Energy Inc. That compares with an average of about $12.70 a barrel over the past 12 months.

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Oil & Gas 360º

MAY 9, 2025

drop, suggesting domestic demand may be holding up better than expected as policymakers continue to take steps to prop up the $19 trillion economy, the worlds largest crude importer. year on year, buoyed by stockpiling by state refiners during maintenance outages. Customs data on Friday showed outbound shipments from China rose 8.1%

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Oil & Gas 360º

MAY 12, 2025

billion to purchase oil to help replenish the SPR, the worlds largest emergency stockpile of crude, and $218 million for maintenance of the facility. President Donald Trumps goal of filling the SPR, a move that would help domestic energy producers amid relatively low oil prices.

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