News Topics: Analysis & Trends
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Lewis: Mexican Shale Will Lure Investment Despite Higher Costs
Wednesday, July 23, 2014 Mexico's vast shale oil and gas potential will attract private investment despite significantly higher operating costs, a top executive with a leading US shale producer says.
North Sea Super Puma Crash: Lessons Learned
Wednesday, July 23, 2014 Eleven months on from the Super Puma crash in the North Sea that killed 4 offshore workers, steps have been taken that should save lives in the event of a future helicopter ditching.
Analyst: Foreign Investment in US Shale to Continue
Tuesday, July 22, 2014 AlixPartners Dennis Cassidy says the oil and gas industry is midway through the phase of foreign investment in US shale.
Poland's PGNiG Says Natural Gas Production Rose 4% Year-on-Year In 2Q
Tuesday, July 22, 2014 Poland's PGNiG sees a 3.7% increase in its 2Q gas production.
Kemp: Shale Plays Reduce Political Risk
Tuesday, July 22, 2014 Shale plays are ideal for oil and gas companies that need to limit risk in countries with a history of political and economic instability.
Oil and Gas Hiring Set to Increase, Candidates Choosier
Monday, July 21, 2014 Half of hiring managers in the energy industry plan to hire more professionals in the next 6 months as compared to the first half of the year, according to a semi-annual hiring survey from Rigzone.
Analyst: Oil, Gas CAPEX Spending to End 2014 a Bit Flat
Monday, July 21, 2014 Rigzone talks with AlixPartners' Dennis Cassidy about what oil and gas spending and other trends will look like for the second half of 2014.
Oil Trains, Born Of US Energy Boom, Face Test In New Safety Rules
Friday, July 18, 2014 North Dakota's Bakken oil patch has thrived thanks in large part to the once-niche business of hauling fuel on US rail tracks. New safety rules may now test the oil train model.
North Sea Oil, Gas Firms Hold Off on Investment
Friday, July 18, 2014 A Deloitte report shows that drilling activity on the UK Continental Shelf has almost halved in three months while asset deals have also plummeted.
Target Logistics: Maximizing Worker Retention and Performance
Thursday, July 17, 2014 Using a holistic approach to providing workforce lodging results in higher recruitment, performance and retention of oil and gas workers.
Kemp: The Big One - Russia's Bazhenov Shale
Wednesday, July 16, 2014 Western oil companies and their Russian counterparts hope to repeat North America's shale success in the Bazhenov shale in Siberia.
New Modi Government Plans to Revamp India's E&P Sector
Tuesday, July 15, 2014 Fresh from its election success, India's newly elected government prepares to introduce policies to strengthen the country's upstream hydrocarbon sector.
Kemp: The Real Shale Revolution
Monday, July 14, 2014 Although fracking has captured the popular imagination, and is often used as a synonym for the whole phenomenon, horizontal drilling was actually the more recent and important breakthrough.
Virtual Tools Close Gap between Remote Operations, O&G Experts
Monday, July 14, 2014 The increase of oil and gas operations in remote locations and emphasis on safety and efficiency create the need for new virtual and audio collaboration tools.
Israel's Leviathan Gas Reserves Estimate Raised by 16%
Sunday, July 13, 2014 Estimates of the size of the gas reserves in Israel's Leviathan field are increased by 16 percent.
IEA: US Oil Boom To Extend Into 2015, Risks High
Friday, July 11, 2014 Growth in global oil demand will accelerate next year as the world economy expands, according to the IEA.
Energy Industry Fueling Job Growth, Cutting Unemployment
Friday, July 11, 2014 The domestic energy boom is fueling a jobs boom, not just in traditional oil states, but in the most unlikely places such as North Dakota, and the "Rust Belt" states of Ohio and Pennsylvania.
Global Oil Exploration Nears $1 Trillion - Where Are The Finds?
Thursday, July 10, 2014 Majors are caught between growing pressure from investors to cut spending and boost profits and the increasingly costly need to replace declining onshore and offshore reserves.
Grid Says UK Shale Gas Could Meet A Third Of Demand By 2030s
Thursday, July 10, 2014 A third of Britain's gas needs could come from its own shale gas by the early 2030s if government policies and economic growth allow firms to invest in gas exploration, National Grid says.
Artificial Intelligence Software Aids Decision-Making in Onshore Drilling
Thursday, July 10, 2014 An artificial intelligence software program initially developed for offshore exploration has found a new niche in oil and gas land operations.
Novatek Reports 2Q Gas, Liquids Production Increase
Thursday, July 10, 2014 Novatek reports an increase in its production of gas and liquids during the second quarter.
UK North Sea Oil, Gas Companies' Profitability Near 5-Year Low
Wednesday, July 09, 2014 North Sea oil and gas firms make the lowest profits in nearly five years, data from the UK's Office for National Statistics shows.
Six Formations Boost Permian Production
Wednesday, July 09, 2014 Crude oil production in the Permian Basin in Texas and New Mexico surges thanks to production gains in six formations.
South Africa Edges Closer to Karoo Shale Gas Development
Tuesday, July 08, 2014 A handful of international oil and gas companies are hoping that South Africa finally gets around to awarding shale gas exploration permits in the country's Karoo basin this year.
Total CEO: Too Early to Call Kurdistan an Oil El Dorado
Tuesday, July 08, 2014 Total, which rattled Baghdad two years ago by signing a deal with Kurdistan, says it is too early to predict whether the semi-autonomous Iraqi region may turn into an important oil player.
Fiscal, Regulatory Change an 'Absolute Necessity' on UKCS
Monday, July 07, 2014 Radical fiscal and regulatory change is an "absolute necessity" to ensure that up to 24 billion barrels of remaining hydrocarbons on the UK Continental Shelf are fully exploited, according to a new report.
Kemp: Improving the Odds - Why Shale Really is Revolutionary
Monday, July 07, 2014 The shale revolution will broaden the petroleum industry to include new companies and new countries
Terrestrial Wi-Fi to Boost Underwater Communications
Friday, July 04, 2014 A company that has developed true underwater "acoustic Wi-Fi" for oceanography research is looking at how this technology could be applied to oil and gas operations.
Onshore Shetland: BP's Sullom Voe Recruitment Drive
Friday, July 04, 2014 Rigzone talks to BP about its recruitment drive to find additional workers as it expands its Sullom Voe oil terminal, including an offshore solution to an onshore staffing problem.
Philippines Considers LNG Import Receiving Options
Friday, July 04, 2014 The Philippines is exploring plans on liquefied natural gas import receiving options as the country cannot depend on supplies from the offshore Malampaya gas development indefinitely.
Eyewear to Provide Clearer View of Worker Fatigue
Thursday, July 03, 2014 A new eyewear technology can allow companies to monitor drowsiness in their workers.
HCC Offers New Program for Roustabouts, Energy Workers
Thursday, July 03, 2014 The new HCC RigOne program offers oil and gas students an opportunity to learn about the industry and prepare to be roustabouts while experiencing a simulated drilling rig environment.
New ND Flaring Regs Make Statoil's Nat Gas Container System Timely
Wednesday, July 02, 2014 Statoil's new container system for capturing natural gas will help reduce flaring in the Bakken just when more restrictive flaring rules go into effect.
NPD: Exploration on NCS Remains 'Vigorous'
Tuesday, July 01, 2014 Exploration activity on the Norwegian Continental Shelf remains vigorous, with 13 new discoveries being made this year, according to the Norwegian Petroleum Directorate.
Testing Underway on New Telemetry Method for Oil, Gas Drilling
Tuesday, July 01, 2014 Testing is underway of sonic telemetry technology that a Canadian company says can deliver data at rates faster than existing methods.
Thailand's Military Planned Reforms May Affect Upstream Sector
Tuesday, July 01, 2014 Thailand's military regime is expected to introduce energy reforms that may bring some changes to the country's upstream oil and gas sector.
New Infrastructure Players To Help UK North Sea In Twilight Years
Tuesday, July 01, 2014 The UK North Sea is seeing a rise in interest from infrastructure specialists and pension funds, giving oil majors a chance to offload unwanted assets and ultimately improve recovery from mature fields.
The EU's Best Universities for an Oil Career
Monday, June 30, 2014 Rigzone takes a look at seven EU universities that offer degree courses designed to help young people achieve a career in the oil and gas sector.
Scotland May Have Shale For 30 Years' Worth Of UK Gas Needs
Monday, June 30, 2014 Scotland may hold enough shale gas resources to cover UK gas needs for more than 30 years, according to a new report by the British Geological Survey.
Worker Safety Remains the First Priority for Oil, Gas Companies
Monday, June 30, 2014 The always-important issue of safety is on the front burner as more young workers are hired into the industry.
Malaysian-French Engineering for Petronas Projects
Friday, June 27, 2014 A Malaysian-French strategic partnership is taking on deepwater engineering challenges in Malaysia after it established a foothold in Turkmenistan with a shipyard in the Caspian Sea.
Sri Lanka Takes Steps to Develop Petroleum Industry
Friday, June 27, 2014 Sri Lanka eyes foreign investments to develop hydrocarbon resources in the country's upstream petroleum sector while mitigating the impact of costly oil imports.
EY: CAPEX Spending Declines, US O&G Reserves Rise
Friday, June 27, 2014 US oil and gas CAPEX spending declined from 2012 to 2013, but US oil and gas resources kept growing, Ernst & Young's annual oil and gas reserves study.
Applications to MOL's Graduate Program Soar
Thursday, June 26, 2014 Hungary's MOL sees a 50% increase in applications to its 2014 Growww graduate recruitment program.
Oil Boom Fuels Drop In Age In Great Plains States
Thursday, June 26, 2014 The United States is still growing older, but the trend is reversing in the Great Plains, thanks to a liberal application of oil.
Africa's Natural Resources: Focus for Both Oil and Gas Sectors
Wednesday, June 25, 2014 Investors estimate that $1.25 trillion will be invested over the 2001 to 2030 period in African energy.
Musings: In A World Of Oil Terrorism, Natural Gas Storage Is Crucial
Wednesday, June 25, 2014 The energy world is focused on the growing violence in Iraq and what it might mean for global oil prices, but for producers, rebuilding US natural gas storage volumes is critical.
Musings: The Impact Of Rig Efficiency On Drilling And Production
Tuesday, June 24, 2014 Producers, drillers and rig equipment companies have learned that hardware changes can improve drilling efficiency, and in turn, the exploration and development economics of shale plays.
Houston, A Bright Spot In US Economy, Frets About Labor Shortage
Monday, June 23, 2014 Houston is growing so fast that business leaders fear running out of skilled labor as billions are spent building new energy infrastructure on the Gulf Coast.
GlassPoint Solar Technology Finds Success in Oman
Friday, June 20, 2014 GlassPoint sees growing potential for its solar EOR technology following the success of a pilot project in Oman.
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