November 1, 2024 – Oil & Gas 360

EnerCom’s award-winning design team helps clients deliver on sustainability efforts

November 1, 2024

(Oil & Gas 360) – Internal and external stakeholders now expect more from your company, making clarity of purpose, plans, and actions more important than ever, especially in Corporate Social Responsibility (CSR). In addition to employees, decision-makers, and shareholders, these communications include the local communities. EnerCom’s award-winning design team helps clients deliver on their sustainability efforts to society, stakeholders, and

Halliburton announces new solution for oil recovery and sand control

November 1, 2024

(World Oil) – Halliburton has announced the addition of SandTrap® XL to its sand consolidation portfolio. This latest innovation addresses the industry’s challenge of excessive sand production with a low-viscosity resin system. Activated externally, it enables solids control over large intervals. SandTrap XL delivers consolidation strength to formation grains and preserves the original permeability of the rock. This new generation of sand

Chevron reports third quarter 2024 results

November 1, 2024

(Oil & Gas 360) Reported earnings of $4.5 billion; cash flow from operations of $9.7 billion Returned record $7.7 billion cash to shareholders Started up key U.S. Gulf of Mexico projects Optimizing portfolio with announced $6.5 billion sale of Canadian assets SAN RAMON, Calif., November 1, 2024–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX) reported earnings of $4.5 billion ($2.48 per share – diluted)

Washington state vote a harbinger for wider carbon markets

November 1, 2024

(Investing) – A ballot initiative to ax Washington state’s carbon market would, if passed next week, send an ominous signal to other U.S. states and Canadian regions looking to build markets aimed at cutting emissions that scientists blame for climate change. The carbon market, formed by the state’s Climate Commitment Act (CCA), has raised more than $2 billion for programs

ExxonMobil announces third-quarter 2024 results

November 1, 2024

(Oil & Gas 360) SPRING, Texas – November 1, 2024 – Exxon Mobil Corporation today announced third-quarter 2024 earnings of $8.6 billion, or $1.92 per share assuming dilution. Cash flow from operating activities was $17.6 billion and free cash flow was $11.3 billion. Capital and exploration expenditures were $7.2 billion in the third quarter, bringing year-to-date 2024 expenditures to $20

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

U.S. rig count had a decrease of this week, at 585

November 1, 2024

This week’s Baker Hughes Rig Count shows that U.S. had no change over last week, resulting in a total count of 585 rigs. Canada had a decrease of 3 over last week, resulting in a total Canadian count of 213 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Barnett, the Marcellus, and the Williston regions experienced

Venezuela’s oil exports hit a 4-year peak on higher output, sales to US, India

November 1, 2024

(Investing) – HOUSTON/MARACAY – Venezuela’s oil exports rose to a four-year high, approaching 950,000 barrels per day in October, boosted by growing crude output and more sales to India and the United States, according to shipping data and documents from state firm PDVSA. The increase happened despite a large storage terminal fire last month, tighter U.S. sanctions since June and the

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