News Topics: Analysis & Trends
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Five US States Help Boost US Oil Production
Tuesday, May 21, 2013 Five US states besides Texas and North Dakota make a significant contribution to the growth in US oil production.
Total Production to Increase 3% PA to 2015
Friday, May 17, 2013 Total Chief Executive confirms a production growth target of 3 percent a year between 2011 and 2015.
Statoil Sets Eyes on GOM to Help Increase Production Growth
Friday, May 17, 2013 With a worldwide presence, Statoil has an ambitious goal to boost its production output by 2020 with a large amount of that coming from the United States.
Chevron, YPF Sees Argentina as Possible Shale-Oil Pioneer
Thursday, May 16, 2013 Just as US companies have revolutionized the global shale-gas industry, businesses working in Argentina have the opportunity to set new standards in shale-oil production, according to YPF and Chevron.
US Gas Exports and the Panama Canal Expansion: Serendipity on Display?
Thursday, May 16, 2013 The Panama Canal Authority sees an opportunity with US LNG exports that it did not envision six years ago.
Washington Must Find a Way to Say 'Yes' to Offshore Exploration
Wednesday, May 15, 2013 Policy makers in Washington should know that finding ways to expanded production on the OCS does not mean they are shirking their responsibilities to provide oversight.
Kuwait: The Transformation Game
Tuesday, May 14, 2013 Increased local consumption is pushing Kuwait to tap the development of difficult and unconventional resources.
Job Market Particularly Strong for Deepwater Pros
Tuesday, May 14, 2013 A recruiter tells Rigzone that an uptick in deepwater activity has contributed to a marked increase in demand for riser, drilling and completion engineers worldwide.
ConocoPhillips CEO Says Production Will Start Rising by Year's End
Tuesday, May 14, 2013 ConocoPhillips CEO Ryan Lance tells shareholders that the company's long-awaited production growth rebound will begin by the end of this year.
USGS: New Insight on GOM Gas Hydrates
Tuesday, May 14, 2013 Scientists return from a 15‑day research expedition in the northern Gulf of Mexico with high-resolution seismic data and imagery of sediments with high gas hydrate saturations.
OTC Exhibitors: Technologies Trending Toward Deeper Water But Also Land
Monday, May 13, 2013 Existing offshore innovations are increasingly being re-purposed for greater depths, mature wells and even land rigs, OTC exhibitors tell Rigzone.
Global Shale Oil Impact to Vary By Country
Monday, May 13, 2013 Shale oil production could reduce global oil prices and boost the global economy, but its impact will vary by country, according to a PwC study.
Papua New Guinea Draws Energy Interest
Friday, May 10, 2013 Foreign governments are boosting efforts to win influence in PNG, with Australia deepening economic and defense ties with the impoverished South Pacific nation.
Lebanon Has 30 Trillion Cubic Feet of Offshore Gas
Friday, May 10, 2013 Preliminary surveys of Lebanese offshore fields show reserves of 30 Tcf of natural gas and 660 million barrels of oil, Lebanon's energy minister says, adding that production could begin within four years.
EU Commissioner: Shale Gas Could Curb Gazprom Prices
Friday, May 10, 2013 The development of shale gas in Europe could help the continent obtain better deals from its current key supplier, Gazprom, EU Energy Commissioner Guenther Oettinger says.
GE Oil & Gas Looks to Tap Up and Coming Engineers
Friday, May 10, 2013 The next wave of oil and gas engineers shared some of the spotlight at this year's OTC, when GE highlighted its latest student survey results during the GE Oil & Gas Young Engineer Panel.
All Hands Aboard for Historic Offshore Hiring 'Spree'
Wednesday, May 08, 2013 Amid the global offshore drilling boom, oil and gas companies look to hire more employees, focusing on experienced professionals and rig workers.
No North American-Style Shale Revolution for Developing World
Wednesday, May 08, 2013 ConocoPhillips executive believes that key ingredients that brought about the shale gas revolution in North America are missing in countries like China and India.
Getting Serious about Ex-Military Recruitment
Wednesday, May 08, 2013 The UK is getting serious about channeling former members of its armed services into oil and gas jobs, as the sector seeks to find 15,000 staff for UK roles during the next five years.
Recruitment & Retention Horizon: Navigating Generation Y
Tuesday, May 07, 2013 Oil and gas recruiters focus on how to attract and retain the upcoming Generation Y as the older workforce retires.
Industry Execs See Higher Costs, Improved Safety with New Regulations
Tuesday, May 07, 2013 Oil and gas operators face a tougher US regulatory regime as new safety rules are implemented, but the rules are seen as necessary for improving safety and the industry's image.
PetroVietnam Seeks Partners at Home, Abroad for Oil, Gas Development
Tuesday, May 07, 2013 PetroVietnam seeks partners to expand its oil and gas production at home and abroad as the country looks to expand its energy production to meet its growing economy.
OTC: The Chinese Driving Force
Tuesday, May 07, 2013 China emerges as a major participant in the global energy industry.
Ratification of Mozambique Petroleum Law Seen By Year-End
Tuesday, May 07, 2013 A Mozambique government official anticipates ratification of the nation's updated petroleum law by year-end ahead of its upcoming licensing round.
BP: Addressing the Skills Gap
Monday, May 06, 2013 Rigzone talked to leading executives at BP to find out how the energy major is addressing the skills gap that threatens to hold back growth in upstream amid the Great Crew Change.
Canada: The New 'Land of Job Opportunity'
Monday, May 06, 2013 With oil sands production steadily increasing, the need for skilled workers surges causing Canadian recruiters to look beyond its borders.
Musings: Oil Industry On Alert - Active Hurricane Season Forecast
Friday, May 03, 2013 Higher than historic probabilities will have the US petroleum industry on alert during the upcoming season
Rigzone Ranks the Top 10 Oil & Gas Cities in the World
Friday, May 03, 2013 Rigzone asked our readers to tell us which oil and gas cities represent the most important, promising opportunities for the industry and the employees that drive it.
Study: Oil, Gas Industry Needs to Step Up Water Management
Friday, May 03, 2013 The oil and gas industry needs to step up efforts to expand its use of recycled water and non-freshwater resources and implement better water management planning if shale energy production is to expand according to projections.
Executive Chairman Irani Leaving Occidental Petroleum
Friday, May 03, 2013 The rising wave of shareholder activism claims another corporate chieftain: Ray Irani, the executive chairman of Occidental Petroleum and one of the most highly paid executives of the last decade.
Shell-Iraq Venture to Produce 500 MMcf/d Gas By End 2013
Thursday, May 02, 2013 A joint venture between Iraq, Shell and Mitsubishi Corp. will by the end of this year have doubled the amount of natural gas it captures from three giant southern oil fields.
EC225: On Target for 2013 Return?
Wednesday, May 01, 2013 Eurocopter says it knows the cause of the gearbox problem that forced an EC225 Super Puma to ditch in the North Sea. But is a 3Q 2013 return-to-service deadline too optimistic?
USGS Estimate of Bakken, Three Forks Doubles
Wednesday, May 01, 2013 The US Geological Survey updates its assessment of the Bakken and Three Forks formations; inclusion of Three Forks data boosts resource estimate for Williston Basin.
API: Investment in US Shale Drilling Up in 2011
Tuesday, April 30, 2013 An estimated $65.5 billion was invested drilling an estimated 10,173 US shale oil and natural gas wells in 2011, according to API's 2011 Joint Association Survey on Drilling Costs.
Brazil's Oil Boom Requires Skilled Professionals
Tuesday, April 30, 2013 Brazil's job market and the upcoming round of bidding for offshore oil and gas concessions create a positive landscape for job seekers.
Saudi Oil Minister Calls US Energy Independence Idea 'Naive'
Tuesday, April 30, 2013 Saudi oil minister Ali al-Naimi calls the US push for energy independence "naive," saying the country will continue to need Middle Eastern oil long into the future.
Sudan, South Sudan Start Talks Over Former National Oil Company Assets
Monday, April 29, 2013 Oil producing Sudan and newly independent South Sudan start talks aimed at resolving a dispute over the sharing of assets belonging to former national oil company Sudapet, said officials.
PwC: Foreign Buyers Boost US M&A Activity in 1Q
Monday, April 29, 2013 The acceleration of deals at the end of last year to get ahead of the fiscal cliff and the seasonality of low 1Q deal volume resulted in a decline of O&G M&A activity in the first three months of 2013.
Overall Oil, Gas Wages Flat, but Specialty Positions Still Command Top Pay
Friday, April 26, 2013 Oil and gas workers report seeing flat overall wages since 2010, but overall pay remains strong, particularly for jobs requiring specialized skills.
Chilly North Sea Comes Back To Life
Friday, April 26, 2013 New technology, assisted by higher oil prices and modest tax incentives, is forecast to reverse the oil and gas production decline in the North Sea.
Schramm Unveils New 'Walking, Talking' Telemast Rig
Friday, April 26, 2013 Drilling rig manufacturer Schramm says its new 'walking and talking' Telemast rig allows operators to drill unconventional wells more quickly, efficiently and safely.
Ice Gas: A Step Closer to Commercial Production
Wednesday, April 24, 2013 Could methane hydrate, or "ice gas", succeed shale gas as a source of cheap energy?
Deepwater Gulf of Mexico Drilling Activity to Keep Rising
Wednesday, April 24, 2013 Drilling activity in the deepwater US Gulf of Mexico is expected to continue its recovery, with the number of deepwater rigs under contract in the region expected to keep growing.
Addressing The Aberdeen Oil & Gas Skills Gap
Tuesday, April 23, 2013 Eden Scott's Lee Clark believes that operators should have targeted the Aberdeen graduate market five years ago in order to efficiently tackle the Great Crew Change.
Pro-Transparency Group Suspends DRC
Tuesday, April 23, 2013 An organization that promotes greater transparency of payments from extractives industries temporarily suspends the Democratic Republic of the Congo.
Macondo Hits Halliburton Earnings
Monday, April 22, 2013 Macondo-related charges hit Halliburton's first quarter 2013 income, while revenue soared thanks to Halliburton's expanding international business.
UAE: 'Days of Easy, Cheap Oil are Gone'
Monday, April 22, 2013 UAE targets up to 25 percent of its power from nuclear energy by 2021 as finding new oil discoveries becomes difficult and costly.
A $30 Billion Hole In Caspian Sea?
Friday, April 19, 2013 For more than a decade, the promised bonanza from Kazakhstan's giant offshore Kashagan oil field has been a costly mirage for its developers. And the wait still isn't over.
Schlumberger: International, N. American Drilling Solid at Current Prices
Friday, April 19, 2013 Schlumberger CEO Paal Kibsgaard tells analysts that the recent drop in oil prices is not yet worrisome, and prices are still high enough to support drilling in North America and around the world.
WBENC Advocates Women-Owned Businesses in the Energy Industry
Friday, April 19, 2013 WBENC, the nation's leading third-party certifier of businesses owned and operated by women, sits down with Rigzone to discuss how more women can get involved with the organization.
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