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U.S. oil imports from OPEC decline while imports from Canada nearly doubles

Permian Basin Oil and Gas Magazine

Energy Information Administration, the share of the nation’s crude oil and petroleum imports from OPEC countries has declined 77 percent since 2006. EIA said total crude oil and petroleum imports from Canada to U.S. exceeded those from OPEC for the first time in 2014 and have every year since. The post U.S.

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EIA report: Imports of energy to U.S. fall to 40-year low in 2024

Permian Basin Oil and Gas Magazine

Crude oil and refined petroleum product imports combined accounted for about 84 percent of U.S. fall to 40-year low in 2024 appeared first on Permian Basin Oil and Gas Magazine. total energy imports were about 22 quadrillion British thermal units in 2024 and have been relatively flat since 2021.

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ExxonMobil leads U.S., Permian in rig count; Permian reports decline in permits

Permian Basin Oil and Gas Magazine

Occidental Petroleum reported 28 rigs (weekly average of 27.0 Permian in rig count; Permian reports decline in permits appeared first on Permian Basin Oil and Gas Magazine. In the U.S., ExxonMobil reported 39 working rigs as of July 4 (weekly average of 36.9 for an increase of 1 rig from 35.9 this time last year). Also in the U.S.,

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U.S. oil output hits record 13.47 million b/d in April, Texas up to 5.77 million b/d

Permian Basin Oil and Gas Magazine

million barrels per day in April, according to Monday’s Petroleum Supply Monthly from U.S. million b/d appeared first on Permian Basin Oil and Gas Magazine. crude oil production reached a record of 13.47 Energy Information Administration. That topped the record of 13.45 million b/d from March. percent to 5.77 The post U.S.

Oil
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Oxy’s Hollub Named Recipient of Award

Permian Basin Oil and Gas Magazine

In 1933, Thomas Dewhurst (1881-1973), then President of the Institute of Petroleum in the United Kingdom, organized WPC’s first Congress, which now over 90 years later is in its 25th iteration, and the Dewhurst Award is a tribute to Dewhurst and to its recipient, who will also present the Dewhurst Lecture. Nasser (Saudi Arabia, 2023).

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Azule Energy starts production from Agogo FPSO

Oil & Gas Journal

He is a member of the Society of Petroleum Engineers (SPE). He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University.

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Gov. Abbott visits Midland to sign new legislation to combat oilfield theft

Permian Basin Oil and Gas Magazine

At Permian Basin Petroleum Museum, Abbott signed several bills that he said will bring “the full weight of the law to crack down on oil theft in the Permian Basin to protect the critical role energy development plays in fueling our economy.” Tom Craddick (R-Midland), Rep. Brooks Landgraf (R-Odessa) and Midland Mayor Lori Blong.