US Supreme Court rejects BP, Anadarko over Deepwater Horizon spill penalties – Investing.com


Investing.com
US Supreme Court rejects BP, Anadarko over Deepwater Horizon spill penalties
Investing.com
The April 20, 2010, Deepwater Horizon drilling rig explosion and Macondo oil well rupture killed 11 workers and caused the largest offshore environmental disaster in U.S. history, polluting large parts of the Gulf, killing marine wildlife and harming

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The company behind the Gatwick oil discovery just bought a massive slice of … – Business Insider


Business Insider
The company behind the Gatwick oil discovery just bought a massive slice of
Business Insider
“The Company’s interest in the Horse Hill-1 Portland oil discovery, along with our interest in the producing Portland Sandstone reservoir of the Brockham oil field, likely represent the best subsurface analogues for the Holmwood prospect. Consequently
UK Oil & Gas Investments PLC Farm-in to PEDL143 Weald BasinDirectorsTalk Interviews
UKOG to acquire 20% stake in Horse Hill neighbourProactive Investors UK
Oil, Gas RoundupInteractive Investor

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Current Oil Price Slump Far From Over – OilPrice.com


iStockAnalyst (press release)
Current Oil Price Slump Far From Over
OilPrice.com
The oil price collapse of 2014-2015 began one year ago this month (Figure 1). The world crossed a boundary in which prices are not only lower now but will probably remain lower for some time. It represents a phase change like when water turns into ice
The Big Reason Our Oil Price Forecast Is Bullish [Seadrill Ltd, Linn Energy ETF Daily News
Have The Saudis Miscalculated The Impact Of Lower Crude Prices On US iStockAnalyst (press release)
Bakken Update: EOG Well Pad Produces Revenue Over $200 Million In 2.5 YearsSeeking Alpha

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How Greece Crisis Could Drag Oil Prices Down – OilPrice.com


Business in Vancouver
How Greece Crisis Could Drag Oil Prices Down
OilPrice.com
The discussions between Greece and its European creditors broke down over the weekend, with the two sides still at an impasse. Greek Prime Minister Alexis Tsipras balked at deeper austerity cuts to the Greek economy, cuts that are a prerequisite for
Oil price slides as Greece imposes capital controlsiNVEZZ
TSX, oil down in response to Greek bank shutdownBusiness in Vancouver
Pensioners line up outside Greek banks amid withdrawal limitsBoston Globe

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Ontario economy struggles as manufacturing and exports slump – The Globe and Mail (subscription)


The Globe and Mail (subscription)
Ontario economy struggles as manufacturing and exports slump
The Globe and Mail (subscription)
… boost productivity, including redirecting labour and capital to more productive sectors, providing incentives for companies to invest, spreading technological advances to smaller companies, investing in public infrastructure and improving education

Railroad Commission picks Porter as new leader – Fort Worth Star Telegram


Dallas Business Journal
Railroad Commission picks Porter as new leader
Fort Worth Star Telegram
Craddick, the daughter of former Texas House Speaker Tom Craddick, is an attorney specializing in oil and gas, water, tax issues, electric deregulation and environmental policy. “After working alongside him for the past 21/2 years, I know his knowledge
Railroad Commission elects Porter chairman as agency assumes more powerDallas Business Journal
Porter Takes Over as Railroad Commission ChairmanMyHighPlains

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Texas oil production holding steady – UPI.com


UPI.com
Texas oil production holding steady
UPI.com
The Railroad Commission of Texas, the state’s energy regulator, reported April crude oil production averaged 2.31 million barrels per day, up from the 2.04 million bpd produced in April 2014. April 2015 production in Texas came from 164,316 oil wells.
Crude oil falls below $60 a barrel amid glutBoston Globe
Oil price rally and US tight oil productionSaudi Gazette
EIA Reports Surprise Gasoline Build, Oil Production Increase – Analyst BlogNasdaq

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This could be the tipping point for oil prices – CNBC


CNBC
This could be the tipping point for oil prices
CNBC
Record oil production meeting a wave of surprisingly strong demand has reined in world oil prices, creating a delicate balance that could be tipped either way—and the most immediate catalyst may be the Iranian nuclear talks. The market has been
Crude Oil Price Slips as Inventory Declines Continue24/7 Wall St.
Oil Price Unchanged as Demand GrowsMarketPulse (blog)
Why the WTI Crude Oil Price Today Rose to $61.37Money Morning
Reuters –Middle East Monitor –OilPrice.com
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RRC: Texas monthly oil and gas statistics – Oil & Gas Financial Journal


Bakken.com
RRC: Texas monthly oil and gas statistics
Oil & Gas Financial Journal
Texas oil and gas wells produced 587,178,094 Mcf (thousand cubic feet) of gas based upon preliminary production figures for April 2015 up from the April 2014 preliminary gas production total of 562,820,900 Mcf. Texas preliminary April total gas
RRC boosts safety for workers after concerns of rising cartel activityBakken.com (press release)

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Why North Dakota's oil fields are so deadly for workers – PBS NewsHour (blog)


PBS NewsHour (blog)
Why North Dakota’s oil fields are so deadly for workers
PBS NewsHour (blog)
When Brendan Wegner went to work in North Dakota’s Bakken oil fields, his family had no idea it was so dangerous. On average, a worker dies every six weeks. On his first day on the rig, Wegner was killed by an explosion, and OSHA launched an …
Oil/Gas Industry Challenges News Report on Bakken Worker SafetyNatural Gas Intelligence

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Crude Oil Price Slips as Inventory Declines Continue – 24/7 Wall St.


24/7 Wall St.
Crude Oil Price Slips as Inventory Declines Continue
24/7 Wall St.
The increase in gasoline inventories is working to lower the prices that consumers pay at the pump. Crude oil exports have doubled from 273,000 barrels a day a year ago to 571,000 barrels a day last week, and net exports of petroleum products totaled 3
Why Our Oil Price Forecast Just Moved HigherMoney Morning
Oil price hikes as Iranian deal in troubleMiddle East Monitor
Oil Prices Fall After Inventory DataWall Street Journal
Reuters –Economic Times –OilPrice.com
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Syrian army secures oil field perimeter, kills militants: TV – Reuters


DIGITALLOOK
Syrian army secures oil field perimeter, kills militants: TV
Reuters
BEIRUT Syrian state television said on Wednesday the army and allied militia had secured the perimeter of an oil field near the central city of Palmyra which had been the focus of recent heavy fighting with Islamic State militants. The report said the
Syrian army regains control over Jazal oil fieldDIGITALLOOK

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Global Digital Oilfield Market 2015-2019 – MarketWatch

Global Digital Oilfield Market 2015-2019
MarketWatch
In the era of ever growing demand for energy and end of “Easy Oil,” digital oilfields help maximize oilfield recovery, eliminate non-productive time, and increase ROI and profitability through integration of workflows and design. The workflows combine
Digital Oilfield Market Growing at 5% CAGR to 2019PR Newswire (press release)
LONDON, June 24, 2015 /PRNewswire/ — About Smart Oilfield IT ServicesVirtual Press Office (press release)

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Why Our Oil Price Forecast Just Moved Higher – Money Morning


Money Morning
Why Our Oil Price Forecast Just Moved Higher
Money Morning
“The pundits in the media have advanced a simple translation: The expected rebalancing of the crude oil market, in which supply and demand are equivalent and pricing changes are narrow, has not taken place because there remains too much supply on the …
Crude Oil Price Slips as Inventory Declines Continue24/7 Wall St.
Oil Prices Fall After Inventory DataWall Street Journal
Oil slides after big US gasoline build offsets crude drawReuters
Economic Times –OilPrice.com
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