Ozias Oilfield Solutions

"EIA: Global stock builds to keep oil prices below $60/bbl through 2018" https://t.co/34KllCVFer

EIA: Global stock builds to keep oil prices below $60/bbl through 2018 Global petroleum and other liquid fuels inventory builds averaged 900,000 b/d in 2016, marking the third consecutive year of gains. According to the US Energy Information Administration’s Short-Term Energy Outlook, issued this month, the pace of stock builds is expected to slow considerably to an av...

"US LNG Exports Might Not Be In For Smooth Sailing" https://t.co/XB3s43DfDH

US LNG Exports Might Not Be In For Smooth Sailing Other than pipeline capacity payments, the topic of upstream contract terms has not received any investor, media or conference attention. However, some LNG terminal capacity holders have decided to integrate back to the wellhead. Of course, when the deals were done everybody expected U.S. LNG to alw...

"At $50/Barrel, Oil Risks 'Reverse Goldilocks' Syndrome, Analyst Says" https://t.co/UjS7rIPvSd

At $50/Barrel, Oil Risks 'Reverse Goldilocks' Syndrome, Analyst Says | Oil and Gas Investor Oil's battle to reclaim $50 a barrel may have left it in a sticky situation, where the price is too low to lure fresh investor bulls and too high to force more production offline.Global oil production has fallen by nearly 1 million barrels per day (MMbbl/d) in the last year to just over 95 MMbbl/d,…

"Crude Prices On The Rise For First Time In Seven Days" https://t.co/MCzNJ3H3Uu

Crude Prices On The Rise For First Time In Seven Days | Oil and Gas Investor Crude oil prices rose on June 17 for the first time in seven days, but trading remains volatile less than a week before Britain goes to the polls over its European Union (EU) membership.Brent crude futures were up $1.11 at $48.30 a barrel by 6:42 a.m. CT (11:42 GMT), having dropped 3.6% in the previ...

Imperial reduces production at Kearl in Alberta https://t.co/vHJxImBoJi

Imperial reduces production at Kearl in Alberta In response to the ongoing fire crisis in Alberta, Imperial Oil Ltd. has reduced production at its Kearl oil sands plant northeast of Fort McMurray. The physical plant is unaffected by the fires.

Shah Deniz partners let $1.5-billion subsea installation contract https://t.co/6eoVG8LCON

Shah Deniz partners let $1.5-billion subsea installation contract BP PLC, on behalf of the Shah Deniz consortium, has let a $1.5-billion contract for the transport and installation of the deeper water subsea production systems for Shah Deniz Stage 2 offshore Azerbaijan to the BOS Shelf LLC, Saipem Contracting Netherlands BV, and Star Gulf FZCO consortium.

Newfield to acquire STACK acreage from Chesapeake unit https://t.co/TEJF53uSSn

Newfield to acquire STACK acreage from Chesapeake unit Newfield Exploration Co., The Woodlands, Tex., has agreed to acquire 42,000 net acres in the Anadarko basin STACK play of Oklahoma from a subsidiary of Chesapeake Energy Corp., Oklahoma City, for $470 million. The deal is effective Apr. 1, and is expected to close during the second quarter.

DNV GL leads seven new joint industry projects in North Amer... https://t.co/9n9tXJGUOz

DNV GL leads seven new joint industry projects in North American oil and gas industry - Energy... DNV GL is leading seven new joint industry projects (JIP) to identify smart solutions for reducing complexities and costs in the North American oil an

Synergy Resources to buy Noble acreage in DJ basin for $505 million https://t.co/6W4tmRsrmP

Synergy Resources to buy Noble acreage in DJ basin for $505 million Synergy Resources Corp., Denver, has agreed to acquire 33,100 net acres in the Greeley Crescent area of Weld County, Colo., from Noble Energy Inc., Houston, for $505 million. The deal is effective Apr. 1 and expected to close as early as June.

OTC: Panelists say deepwater can help fill oil output void https://t.co/E7qtxd6Kc8

OTC: Panelists say deepwater can help fill oil output void “Something has to give” in this languishing oil market, and one industry observer and his firm “are quite convinced that oil prices have to give quite a lot.”

Fort McMurray fire evacuation biggest in Alberta history https://t.co/SUgu2A8Ug9

Fort McMurray fire evacuation biggest in Alberta history About 88,000 residents of Fort McMurray in northern Alberta have been evacuated from a wildfire that has destroyed or damaged 1,600 structures. Alberta Premier Rachel Notley called the event the biggest evacuation in the history of the province.

Noble Energy to sell several oil and gas assets in Colorado ... https://t.co/xHw2TgdqkG

t.co Noble Energy has agreed to divest some of its oil and natural gas properties in Colorado, US, to Synergy Resources for $550m.