Could Fiber Optic Technology Help Detect Leaks on Oil Rigs and Pipelines? – Government Technology


Government Technology
Could Fiber Optic Technology Help Detect Leaks on Oil Rigs and Pipelines?
Government Technology
Fiber optic technology could help the operators of pipelines and oil rigs get valuable real time information about the oil flowing through their pipes, helping to point out potential leaks even before they begin, says David Brower, president of Astro

BP Plc Uses Technology To Discover 200M Barrels Of Oil In The Gulf Of Mexico: Strong BUY – Seeking Alpha


Seeking Alpha
BP Plc Uses Technology To Discover 200M Barrels Of Oil In The Gulf Of Mexico: Strong BUY
Seeking Alpha
This is yet another example of how BP is using technology to enhance shareholder value. BP seems very excited about this latest success and states that they will be deploying this same technique to other oil fields around the world including Azerbaijan
BP finds trove of oil in Gulf of Mexico using new subsea imaging …Houston Chronicle
BP Finds Over 200Mln Barrels of Oil in Gulf of Mexico With New …Sputnik International
BP Says Seismic Breakthrough Helped It Find More Oil In Gulf Of MexicoOilPrice.com
WorldOil (subscription)
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Libya's biggest oil field said to reopen – WorldOil (subscription)


BNN
Libya’s biggest oil field said to reopen
WorldOil (subscription)
TRIPOLI (Bloomberg) — Libya’s biggest oil field, Sharara, reopened as crude began to move through a pipeline connected to the Zawiya refinery, according to a person with direct knowledge of the matter. Oil began to be distributed through the pipeline
Oil prices fall following Libyan oil fields restartBNN
Oil is tumbling after Libya ramps up production at 2 key oil fieldsBusiness Insider
Oil prices fall more than 1 pct after Libyan oilfields restartYahoo Finance
ETF Daily News (blog) –Bloomberg
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Positive signs in oil industry not seen as boon to local fields — yet – The Bakersfield Californian


The Bakersfield Californian
Positive signs in oil industry not seen as boon to local fields — yet
The Bakersfield Californian
The first bit of news came from the U.S. Bureau of Economic Analysis, which found that investment in oil and gas nationwide recorded its biggest jump on record in the first quarter of this year. Then California oil giant Chevron, which has extensive

Crude Drawdowns Can't Save Oil Prices – OilPrice.com


Reuters
Crude Drawdowns Can’t Save Oil Prices
OilPrice.com
Oil prices got walloped this week on growing concerns that U.S. shale is coming back too quickly, offsetting the progress made by OPEC. Meanwhile, disrupted Libyan production could come back online, taking one of the few reasons to be bullish away.
Oil prices felled by Libyan oil restart and weak gasoline demandReuters
Oil prices are tanking, now below $49 a barrel at a 4-week lowCNBC
Oil prices finish at lowest level in a monthMarketWatch
The Star Online –RT –Seeking Alpha
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Texas oil and gas production statistics for February 2017 – Oil & Gas … – Oil & Gas Financial Journal


KFDX
Texas oil and gas production statistics for February 2017 – Oil & Gas …
Oil & Gas Financial Journal
Production for February 2017 as reported to the Railroad Commission of Texas is 70332051 barrels of crude oil and 527710713 mcf of total gas from oil and gas …
Year of Recovery for Texas Oil and Gas Industry – StoryKFDX
Texas oil production for February comes in at 70m barrelsSan Angelo Standard Times

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Railroad Commission rejects ranchers' appeal to reconsider Hilcorp enhanced oil recovery project – FuelFix (blog)


FuelFix (blog)
Railroad Commission rejects ranchers’ appeal to reconsider Hilcorp enhanced oil recovery project
FuelFix (blog)
The Railroad Commission of Texas, the state’s oil and gas regulator, rejected on Tuesday an appeal from a Gulf Coast water conservation district to block several injection wells, which local cattle ranchers fear will pollute their groundwater supply

Libya's Biggest Oil Field to Reopen as Refinery Back On – Bloomberg


Bloomberg
Libya’s Biggest Oil Field to Reopen as Refinery Back On
Bloomberg
Oil began to be distributed through the pipeline on Wednesday, and is expected to reach Zawiya Thursday night, the person said, asking not to be identified because the information hasn’t been announced. Libya’s overall production is 491,000 barrels a
Libya’s Sharara, El Feel Oil Fields Restart After Pipeline Protests EndE&P
Oil prices fall following Libyan oil fields restartBNN
Libya’s Sharara oilfield restarts after pipeline protests end – Libyan oil sourceYahoo Finance
Business Insider –Reuters UK –The Globe and Mail
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Oil prices are tanking, now below $49 a barrel at a 4-week low – CNBC


CNBC
Oil prices are tanking, now below $49 a barrel at a 4-week low
CNBC
News that Libya had restarted two of its main oil fields after protests also added to selling pressure. Libya is one of two exporters exempt from OPEC’s production cuts aimed at reducing a global oversupply of oil. That compounded weakness in the
Oil prices finish at lowest level in a monthMarketWatch
Crude Oil Price Recovery Aborted as Trump Tax Plan DisappointsDailyFX
Oil prices continue to slide on growing global oversupplyRT
Seeking Alpha –Business Insider –OilPrice.com
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World Bank Maintains Oil Price Forecast At $55 – OilPrice.com


Reuters
World Bank Maintains Oil Price Forecast At $55
OilPrice.com
In its latest Commodity Markets Outlook, the World Bank maintained its Q1 forecast for oil prices at $55 a barrel, saying, however, that overall energy prices will increase 26 percent in 2017. The WB is overall optimistic for oil, expecting supply to
Oil prices stable after big draw in US crude inventoriesReuters
Oil prices face second weekly loss as oversupply lingersBusiness Insider
Long Run Of Oil Prices, Round 3Seeking Alpha
Nasdaq
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IEA Sees Much Tighter Oil Market As New Discoveries Crash – OilPrice.com


UPI.com
IEA Sees Much Tighter Oil Market As New Discoveries Crash
OilPrice.com
The volume of new oil discoveries hit a record low in 2016, the result of severe cuts to exploration budgets amid plummeting oil prices. The number of new conventional drilling projects also dropped to the lowest level in 70 years, according to the
Oil prices sink on U.S. shale oil growthUPI.com

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Texas oil and gas production statistics for February 2017 – Oil & Gas Financial Journal


KFDX
Texas oil and gas production statistics for February 2017
Oil & Gas Financial Journal
Production for February 2017 as reported to the Railroad Commission of Texas (Commission) is 70,332,051 barrels of crude oil and 527,710,713 mcf (thousand cubic feet) of total gas from oil and gas wells. These preliminary figures are based on
Year of Recovery for Texas Oil and Gas IndustryKFDX
Texas oil production for February comes in at 70m barrelsSan Angelo Standard Times

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US East Coast refiners eye Texas oil as North Dakota alternative – The Dickinson Press


The Dickinson Press
US East Coast refiners eye Texas oil as North Dakota alternative
The Dickinson Press
A man walks onto an oil drilling pump site in McKenzie County outside of Williston, North Dakota in this file photo from March 12, 2013. Several counties in North Dakota’s Bakken formation and the Eagle Ford and Permian Basin of Texas have seen rig …
East Coast refiners look to Texas oil as NDakota alternative …The Guam Daily Post (press release) (registration)

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