Reuters NEW DELHI – Russia rose to become India’s second biggest supplier of oil in May, pushing Saudi Arabia into third place but still behind Iraq which remains No. 1, data from trade sources showed. In May Indian refiners received about 819,000 barrels per day (bpd) Russian oil, the highest thus far in any month, compared to about 277,00 in
From World Oil Repsol Sinopec Brazil, Ouro Negro and the Mechanical Engineering Department of PUC-Rio’s Technical and Scientific Center (CTC/PUC-Rio) are expanding their technological partnership, developing a through tubing logging profiling tool to assess cement quality in lined wells. “The proposal is to have a tool that enables the detection of cement anomalies in the adjacent layer and not only
By Tyler Losier, Energy Reporter, Oil & Gas 360 Genscape will become a part of Verisk subsidiary Wood Mackenzie Verisk (stock ticker: VRSK), a data analytics provider headquartered in New Jersey, has signed a definitive agreement to acquire Genscape, a provider of real-time data for commodity markets, from Daily Mail and General Trust (DMGT) for $364 million in cash. As
Data published by state agencies, like the Texas Railroad Commission, are often incomplete when first published because of a combination of late reporting and processing delays, the EIA explained today as it compared TRRC and EIA data sets. TRRC’s most recent report (published March 2018, with estimates through December 2017) is consistent through January 2017 with production estimates in the
The Federal Reserve Bank of Dallas reported that wages in the Permian Basin fell for the second quarter in a row after spiking in first quarter 2017. The rig count and crude oil production rose in January, the Fed said. Wages Average weekly wages fell 0.3% in the Permian Basin, while wages fell by almost 1% statewide between second quarter
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
The name of the game: hiring, training employees with the ability to create efficiencies The rapid fall of oil prices since the end of 2014 has resulted in companies creating an avalanche of efficiencies throughout the oil and gas supply chain. Generating better economics at the well is a major concern for everyone working in the industry. E&P companies are
Oil & Gas 360® has updated financial information for the energy companies listed on the home page. Companies who have reported results for the quarter ending 3/31/2016 have been updated and can be found on their respective 360 Profile Pages. Links to the profile company financial and operations data and access to downloadable tear sheets are linked on the Oil
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