Horizon North Logistics Inc. Announces Results for the Quarter Ended June 30, 2017
August 1, 2017
Horizon North Logistics Inc. Announces Results for the Quarter Ended June 30, 2017
BP Sees Its Unit Production Costs 40% Lower than 2013
August 1, 2017
International oil giant BP (ticker: BP) reported that its Q2 2017 production—at 2.431 MMBOEPD was 10% higher than Q2, 2016. The company earned $144 million during the second quarter, bringing its profit to $1.593 billion during the first half of 2017. This compares to a loss of approximately $2 billion during the first half of 2016. BP’s capital expenditure was
Cold Bore Technology: Moving Oil and Gas from an Analog World to a Digital World
August 1, 2017
Cold Bore Technology’s SmartPAD™ is not a notebook computer designed to locate hydrocarbons with a tap on the mousepad. But it is equally valuable in the oilfield because the Calgary-based oilfield technology company helps operators locate and eliminate another very valuable commodity—downtime. The Cold Bore SmartPAD™ technology helps operators locate and eliminate non-productive time out on the drilling pad, where
Diamond Offshore Drilling Earns Q2 Net Income of $16 Million
August 1, 2017
CEO sees utilization, pricing power returning in 2H 2019 Diamond Offshore (ticker: DO) produced a net income of $15.9 million for Q2. Diamond’s president and CEO Marc Edwards noted that the company “secured two new contracts” despite the fact that the “market remains challenged.” The company’s new contracts are for its Ocean Guardian rig, first operating with Azinor Catalyst in
Energy Transfer Partners Sells $1.5 Billion Stake in Rover Pipeline Project to Blackstone
August 1, 2017
Two subsidiaries of Energy Transfer Partners (ticker: ETP), Energy Transfer Interstate Holdings, LLC and ET Rover Pipeline LLC, announced July 31 that they would be selling a 49.9% interest in HoldCo, which owns a 65% interest in the Rover Pipeline—amounting to a 32.44% stake of the pipeline. The sale of the pipeline interest is going to Blackstone Energy Partners and
PSAC Ups 2017 Prediction for Canada Drilling Levels
August 1, 2017
The Petroleum Services Association of Canada (PSAC) increased its forecasted number of 6,680 wells to be drilled (rig released) across Canada for 2017 to 7,200 wells drilled. PSAC based its updated 2017 Forecast on average natural gas prices of $2.75 CDN/mcf (AECO), crude oil prices of US$49.00/barrel (WTI) and the Canada-US exchange rate averaging $0.77. Upon reflection of the second
Liberty Oilfield Services: Extra Loud Data, Extra Quiet Fleet
August 1, 2017
We believe we can optimize completions with data, rather than trial and error – Liberty Oilfield Services President Ron Gusek Liberty Oilfield Services has a few tricks up its sleeve that allow its frac fleet to operate in quiet mode out in the oilfields in Weld County, Colorado, and other areas where newly constructed neighborhoods are bumping up against leaseholds
Gas Sensors Market Worth 1,297.6 Million USD by 2023
August 1, 2017
Gas Sensors Market Worth 1,297.6 Million USD by 2023
Huaneng Power International, Inc. Profit Attributable To Shareholders Decreased By 96.05% For The First Half Year Of 2017
August 1, 2017
Huaneng Power International, Inc. Profit Attributable To Shareholders Decreased By 96.05% For The First Half Year Of 2017
Duke Energy Helping Home Fund to serve 700 additional income-qualified North Carolina families
August 1, 2017
Duke Energy Helping Home Fund to serve 700 additional income-qualified North Carolina families
Southern Company subsidiary surpasses 1,500 MW wind energy with Texas acquisition
August 1, 2017
Southern Company subsidiary surpasses 1,500 MW wind energy with Texas acquisition
Milestone Environmental Services Announces Investment from Riverstone Holdings
August 1, 2017
Milestone Environmental Services Announces Investment from Riverstone Holdings
