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Bridger Photonics has announced its Gas Mapping LiDAR™ technology has been approved by the Environmental Protection Agency (EPA) to be used for regulatory compliance in oil and gas operations. View the full article
Talos Energy Inc. (Talos) has announced that the Katmai West #2 well located in the Ewing Bank area of the U.S Gulf of Mexico successfully encountered commercial quantities of oil and natural gas. View the full article
Highwood Emissions Management has announced the launch of their Emissions Intelligence Platform (EIP), a software that streamlines complex measurement-informed methane emissions accounting and reporting for the oil and gas industry. View the full article
TGS has been awarded four 4D streamer contract acquisition projects, three in the North Sea and one in the Barents Sea, the company announced. The North Sea campaign will commence early Q2, with the 4D contract in the Barents Sea to follow in May. View the full article
Sky Quarry has announced the successful completion of its 2024 PR Spring capex program. Once fully commissioned, PR Spring has a capacity to produce up to 2,000 bopd by extracting oil from both waste asphalt shingles and hydrocarbon resources. View the full article
(Bloomberg) -- Donald Trump’s secretary of state-nominee Marco Rubio said the U.S. should reconsider Chevron Corp.’s sanctions waiver that allows the oil giant to operate in Venezuela. Chevron is the only U.S. oil producer left in Venezuela. View the full article
(Bloomberg) – BP and the Iraqi government agreed the majority of commercial terms toward reviving the Kirkuk oil field on Tuesday, further progress toward a final agreement that is expected early this year. View the full article
Electromagnetic Geoservices ASA (EMGS) has received a Letter of Award for a CSEM survey in India. The survey is expected to have a contract value of approximately USD 10 million, subject to the issuance of a callout order. View the full article
“American energy was on the ballot, and American energy won,” said API executives on a media call prior to Tuesday’s 2025 State of American Energy event. API leaders shared insights into the industry and where they expect it to head under 2025’s incoming Trump administration. View the full article
The Republic of Congo will officially launch its licensing round for open oil and gas blocks at the upcoming Congo Energy and Investment Forum (CEIF), scheduled to take place on March 25-26 in Brazzaville. View the full article
Flowserve has been awarded a contract to supply Dry Gas Seals and Dry Gas Seal Systems to support a groundbreaking initiative for ADNOC. ADNOC's large-scale CCS project aims to capture 1.5 million tons of carbon dioxide annually. View the full article
DNO ASA announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 13 exploration licenses, of which four are operatorships, under Norway's Awards in Predefined Areas (APA) 2024 licensing round. View the full article
Affiliates of Langford Energy Partners (LEP) announced that they have closed on the acquisition of Midland basin assets from Murchison Oil and Gas, LLC. The acquisition includes approx. 8,000 net acres with net production of approx. 7,200 boed. View the full article
(Bloomberg) – Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana continues to grow, the US government said in its first set of forecasts for next year. View the full article
Tachyus has appointed Dr. Jeff Spath as Chairman of the Board to guide the company's mission to transform reservoir management with AI. Dr. Spath is a former SLB executive and SPE President, and brings 40 years of experience in the energy sector. View the full article
Indonesia Energy Corporation (IEC) announced that IEC senior management will hold an investor update conference call on Tuesday, Jan. 21 to provide an update on future drilling and development plans, including a new planned reserve report. View the full article
Electromagnetic Geoservices ASA (EMGS) has released its latest report on vessel activity and multi-client sales. At the end of Q4 2024, the Atlantic Guardian vessel completed multi-client surveys in the North Sea and the Norwegian Sea, and started transit to India. View the full article
Atlas Energy Solutions Inc. announced the first commercial delivery of proppant sand from its Dune Express conveyor system in the Permian basin. Proppant is a necessary component in recovery of hydrocarbons from oil and natural gas wells. View the full article
Eco (Atlantic) Oil & Gas Ltd. announced completion of its transaction with Africa Oil Corp. and Africa Oil SA Corp (AOSAC) for the sale of a 1% Participating Interest in Block 3B/4B, and replacement of a member of the board. View the full article
According to a new report from national law firm Lathrop GPM, oil and gas (O&G) decision makers are grappling with carbon reduction initiatives and AI readiness—as well evaluating potential mergers and acquisitions (M&A) to drive new efficiencies. View the full article
Libya’s top international operators and the National Oil Corporation (NOC) will take center stage at the Libya Energy & Economic Summit in Tripoli next week for the panel Unlocking Libya: The Next Frontier for Exploration and Investment. View the full article
KBR announced it has been awarded a global agreement by bp for engineering, procurement and construction management (EPCM) services. Under terms of the contract, KBR will provide EPCM services for three years with an option to extend. View the full article
CHC Helikopter Service, the Norwegian division of CHC Helicopter and a leading provider of offshore transportation solutions, has entered a $500 million strategic partnership with Aker BP to support its offshore helicopter activity in Norway. View the full article
Perma-Pipe announced it has received a formal letter of award for a development project located in the GCC region. Perma-Pipe will provide thermal insulation, anti-corrosion coatings, and other services from its Abu Dhabi facility. View the full article
Aquajet has introduced a new support system designed to enhance the capabilities and flexibility of Hydrodemolition robots in challenging environments. The system centers around the upgraded Aqua Spine 3.0, an extendable rail system that attaches easily to any surface. View the full article
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About this blog
I started this blog to express what I sense about the highs and lows of the oil realm, while cautiously analysing historical data, taking into account the geo-political development at the time of recording them.
I got into this field, having been a passive observer of fluctuations of crude oil prices and their global consequences for years.
Then, when on the day of Great Oil Crash in April, 2020, I made a decision to make my own blog, with the motto, ‘analysing data that really matters’.
Having come from an academic background in mathematics and physics, I analyse data using my own tools, created with JavaScript and Python, taking my decision on board while making decisions.
