September 8, 2023 – Oil & Gas 360

Exclusive: Triple R Energy Partners at the 2023 EnerCom Denver-The Energy Investment Conference

September 8, 2023

Triple R Energy Partners provides capital and expertise to Reduce Refrac Risk™ and turn stranded assets into profitable sources of income. Using patent-pending techniques, Triple R Energy Partners refracs can vastly reduce the challenges of drilling a new well, including supply chain issues, regulatory hurdles and environmental concerns. refracs.com About EnerCom, Inc. Founded in 1994, EnerCom, Inc. is an internationally recognized management

Exclusive: Project Geminae at the 2023 EnerCom Denver-The Energy Investment Conference

September 8, 2023

Project Geminae is a cutting-edge, U.S-based upstream oil and gas portfolio optimization company with a mission to revolutionize the industry through advanced AI technology and data-driven solutions. Our experienced team of industry professionals and software engineers work together to provide a powerful and innovative platform for upstream oil and gas companies to maximize their returns and minimize risk in exploration,

Exclusive: Rheopectic/Skeltek at the 2023 EnerCom Denver-The Energy Investment Conference

September 8, 2023

Rheopectic–through its subsidiary Skeltek Industrial Works (PTY) Ltd.—is a Namibian-registered company, is the premier supplier of services engaged in the leasing of equipment in the rapidly growing offshore and onshore Namibian market. About EnerCom, Inc. Founded in 1994, EnerCom, Inc. is an internationally recognized management consulting firm advising companies on strategic communications, investor relations, corporate strategy, media consulting, Environmental, Social, and Governance

Oil majors pull out from Mexico exploration projects

September 8, 2023

Oil Price Chevron and Spain’s Repsol have quit exploration at two offshore blocks in Mexico waters after early work suggested there are not enough resources to make it worthwhile to continue. The two had won the rights to explore the blocks at a tender during the tenure of Mexico’s previous administration, Reuters reported. Now, Chevron told the Mexican energy regulator its work

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count had an increase of 1 this week, at 632

September 8, 2023

Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had an increase of 1 over last week, resulting in a total count of 632 rigs. Canada had a decrease of 5 over last week, resulting in a total Canadian count of 182 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Permian

ANALYSIS-Oil cut extension raises risk of Saudi economic contraction this year

September 8, 2023

Nasdaq DUBAI – Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude production cuts, highlighting its still heavy reliance on oil as reforms to diversify are slow moving. Riyadh says it aims to stabilise the oil market by extending a voluntary oil output cut of 1 million barrels per day until the end of

Oil ticks higher as tight supply trumps macroeconomic gloom

September 8, 2023

CNBC Oil prices hovered above $90 a barrel on Friday, on track to end the week higher as investors chose to focus on tighter supply, despite broader macroeconomic uncertainty. Both oil benchmarks hit 10-month highs this week after Riyadh and Moscow extended their voluntary supply cuts of a combined 1.3 million barrels per day (bpd) to the end of the year.

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