More Oil & Gas News

Report highlights UKCS profitability slide

The slumping profitability of oil and gas work offshore the UK is evident in a new government report.

DOI proposes new offshore BOP, well-control regulations

The US Department of the Interior proposed offshore oil and gas well-control regulations with more stringent design requirements and operational procedures for blowout preventers (BOPs) and blowout prevention technologies.

OGJ Newsletter

International news for oil and gas professionals

OPEC in June

For the Organization of Petroleum Exporting Countries and the oil market, a fateful month looms.

House Transportation panel lambastes administration for safety delays

Members of a US House Transportation and Infrastructure subcommittee from both parties sternly criticized the Obama administration for delays in implementing pipeline and rail safety procedures as the systems carry more crude oil, ethanol, and other volatile materials.

More witnesses urge Congress to repeal US crude oil export ban

The US crude oil export ban is a 1970s anachronism that could hobble US production growth and restrict economic improvement if it is not repealed, three witnesses told a House Foreign Affairs Subcommittee's hearing on the matter.

BHI: US rig count falls under 1,000 for first time since 2009

After noticeably slowed declines over the previous 2 weeks, the US drilling rig count fell 40 units to 988 rigs working during the week ended Apr. 10, settling under 1,000 for the first time since Sept. 11, 2009, according to data from Baker Hughes Inc.

IHS: Eagle Ford completions pending

US oil producers operating in the Eagle Ford shale in South Texas built an inventory of nearly 1,400 drilled but uncompleted (DUC) wells, said an analysis from IHS, which noted that the most promising of these wells belong to a few operators.

CSIS forum: More cooperation needed to address Arctic challenges

More cooperation not just between government and the oil and gas industry, but with a broad range of residents and businesses inside and outside Alaska, is essential to address pressing infrastructure challenges there, speakers at a Center for Strategic and International Studies forum agreed.

BLM proposes higher onshore oil, gas royalty rates

The US Bureau of Land Management is proposing changes to federal onshore oil and gas royalty rates, rental payments, lease sale minimum bids, civil penalty caps, and financial assurances, US Interior Secretary Sally Jewell announced. Comments on the Advanced Notice of Possible Rulemaking (ANPR) will be accepted for 45 days following its publication in the Federal Register next week.

Oil Search decides on complete exit from Yemen

Sydney and Port Moresby-based Oil Search Ltd. has decided on a complete exit from its acreage in Yemen.

API: US demand for petroleum rose in March, first quarter

Total US petroleum deliveries, a measure of demand, averaged 19.2 million b/d in March, up 3.4% from a year ago and the highest level for the month since 2011, according to the American Petroleum Institute’s monthly statistics for March. Total demand in the first quarter gained 2.2% year-over-year.

Yasref continues exports, commissioning activities at Yanbu refinery

Yanbu Aramco Sinopec Refining Co. Ltd. (Yasref), a joint venture of Saudi Aramco (62.5%) and China Petrochemical Corp. (Sinopec) (37.5%), has exported the first shipment of petroleum coke (petcoke) from its 400,000-b/d refinery in Yanbu Industrial City on the west coast of Saudi Arabia along the Red Sea.

More rig day rate, fleet use declines seen

Drilling contractors, onshore and offshore, face further declines in day rates and fleet utilization this year as operators slash activity in response to a crude-price slump that shows no sign of early recovery, warns Fitch Ratings.

MARKET WATCH: NYMEX, Brent continue upward momentum

Crude oil prices for May delivery climbed for a sixth consecutive day on both New York and London markets Apr. 16, which analysts attributed to signs of a possible slowing in US oil production.

Market Connections

Vantage Drilling

Currently Hiring Positions in the Gulf of Mexico

Vantage Drilling is an international offshore drilling contractor which operates and manages a fleet of modern, high specification drilling rigs on...
https://external-careers-sodexoremote.icims.com/jobs/intro?hashed=-435831058&mobile=false&width=940&height=500&bga=true&needsRedirect=false&jan1offset=-360&jun1offset=-300

Sodexo is Hiring Cooks, Bakers, Housekeeping & Janitorial Workers

Sodexo is Hiring Cooks, Bakers, Housekeeping & Janitorial Workers Full benefit package Must be able to work any shift, day, night and weekends,...
Texas A&M University at Qatar (TAMUQ) (http://www.qatar.tamu.edu/) invites applications for the position of Chair of the Petroleum Engineering Program at the rank of associate or full professor, with an anticipated starting date of July 1, 2015. Texas A&M at Qatar is a partnership with Qatar Foundation, and it is based in a state-of-the-art, 595,000 square foot building that was completed in 2007.

Chair of the Petroleum Engineering Program

Texas A&M University at Qatar (TAMUQ) (http://www.qatar.tamu.edu/) invites applications for the position of Chair of the Petroleum Engineering ...
PUSHERS, DRILLERS, AND RIG HANDS NEEDED FOR LONG TERM PROJECT IN NEVADA.

PUSHERS, DRILLERS, AND RIG HANDS NEEDED FOR LONG TERM PROJECT IN NEVADA.

PUSHERS, DRILLERS, AND RIG HANDS NEEDED FOR LONG TERM PROJECT IN NEVADA. 14 ON 7 OFF. SEND RESUME TO BEATHJIM@YAHOO.COM
Novus International, Inc., a $1B+ privately held company, is a global leader in developing animal health and nutrition solutions. The Novus corporate mission is to help feed the world affordable, wholesome food by supplying superior goods and services to the leading commercial food producers worldwide. The company owns the world's largest methionine plant located at Chocolate Bayou, Texas and is in the early stages of building another plant at a site on the gulf coast of Texas or Louisiana.

Sr. Process Engineers

Novus International, Inc., a $1B+ privately held company, is a global leader in developing animal health and nutrition solutions. The Novus corpora...
Stay Connected