Oil pipeline operators' net income soared to an all-time high of $6.1 billion, a 33.3% increase from 2010 achieved on the back of a nearly 12% increase in operating revenues.
Producers report that better efficiencies are delivering higher volumes of oil from the South Texas Eagle Ford and the Bakken formation in North Dakota and Montana.
The Marcellus Shale Coalition (MSC) released a recommended practice for surveying water supplies before drilling, marking the third in a series of MSC recommended practices aimed...
The Norwegian Petroleum Directorate has recognized Statoil ASA for improving oil recovery via gas injection at Oseberg field in the North Sea off Norway.
AWE Ltd., Sydney, said tight sandstone reservoirs flowed gas at a rate estimated at 500 Mcfd during initial clean-up after a hydraulic frac at the Senecio-2 well in the onshore...
Democrats quickly attacked presumptive Republican presidential nominee Mitt Romney's energy plan as more oil and gas industry associations applauded it.
DNO International ASA, Oslo, said that the company's share of oil exports from the Kurdistan Region of Iraq has averaged 40,000 b/d from startup 10 days ago and that the company...
Industry had shut in most of the US Gulf of Mexico offshore crude production before Hurricane Isaac made landfall in Plaquemines Parish, La., Aug. 29 as a slow-moving Category...
Niger has awarded nine production sharing contracts (PSCs) to five exploration companies that will seek to follow the lead of China National Petroleum Corp., which established...
The US Securities and Exchange Commission voted to adopt a requirement for US oil and gas and other extractive industries to report payments to foreign governments.
Software helps improve e&p decision-makingThe new Petrel 2012 E&P software platform is designed to strengthen integration between geophysics, geology, and reservoir engineering...
This week's issue of Oil & Gas Journal includes its OGJ150/OGJ100 special report. This massive annual report is a mainstay for many industry analysts, company executives, and ...
Schlumberger Ltd.,Paris, granted a multi-year software license valued at $23 million to the Mining and Geological Engineering Department at the University of Arizona. The industry...
The OGJ150 group of US-based oil and gas producers reported much stronger financial and mostly improved operating results for 2011 compared with a year earlier.
The world's largest oil and gas producers reported improved financial results in 2011 from a year earlier, according to Oil & Gas Journal's annual survey of the 100 leading companies...
