A new tapered bearing assembly, developed specifically for roller-cone rock bits, significantly increased bit life for a Middle Eastern operator. Source: News
EU unconventional resource development stalls
European governments are reluctant to promote shale gas development even though technology has advanced and extraction processes have matured in North America. Source: News
New bid round accelerates Mexico's shale potential
Mexico’s shale industry may find traction in 2016. Well-prepared early movers will bid on the choicest geologic areas in one of the most anticipated shale offerings of recent years. Source: News
Surge in NGL and tight-oil supplies creates worldwide 'light-ends space'
While many analysts agree that oversupply, rather than weak demand, led to the current slump in the price of crude oil, few have looked closely at the nature of that supply overhang. Source: News
Information, without politics
It was not like the usual proceedings in the Natural Resources Committee hearing room on the Longworth House Office Building’s third floor. Maybe that was because no committee members attended the May 16 event. Source: News
Iranian moderates exist-in fact and political marketing
Controversy over marketing of last year’s nuclear deal has revived senseless assertions that Iran has no moderates. Source: News
Trump's energy speech
Donald Trump broke the seals on three important issues in a speech about energy May 26 in Bismarck, ND. The Republican aspirant to the US presidency sensibly sees the subject as a way to differentiate himself from Hillary Clinton, the probable Democratic candidate. To succeed, however, he’ll have to develop his themes to depth uncharacteristic […]
Lost in translations
After nearly 3 years working for Oil & Gas Journal, the current weekly column marks this editor’s first to appear in a monthly printed issue. As momentous an occasion as this first time may be for an OGJ editor, it’s also as equally nerve-racking. Source: News
Letters
Source: News
AWE boosts natural gas reserves onshore W. Australia
AWE Ltd., Syndney, reported a 93% increase in the 2P reserves in its Waitsia natural gas field in the onshore North Perth basin of Western Australia. Source: News