Testing page for app

SPE Journal

Wood Mackenzie expects the ongoing outbreak and disruption to the world’s second largest economy to be a one-off event, yet it could remove at least 500,000 B/D of crude demand in the short term.

The national oil company has bought $5 million in new shares, which Vakt says will be used to upgrade its platform and plan for expansion in Southeast Asia.

A producer in the Marcellus Basin selected Edge Gathering Virtual Pipelines 2 to capture and liquefy gas from its stranded wells in Tioga County. Initial operation is underway and is set to be ongoing until at least 2022.

After 4-1/2 years out of service, the massive Wafra oil field in the Saudi-Kuwaiti Onshore Partitioned Neutral Zone, is set to resume production sometime soon and ensuring a smooth restart is no small order.

Layne Water Midstream has amended its agreement with the Texas General Land Office to gain exclusive right for reuse and disposal of produced water in the Delaware Basin.

Asian spot prices for LNG took a dive to multiyear lows, feeling the pressure of the lack of demand. Holders of previously agreed upon long-term buyer contracts seek renegotiation.

While renewable energy sources are poised to see major growth, possibly displacing natural gas as the top source of electricity in the US, hydrocarbon production will remain above or near current historical highs until at least 2050.

Topsides for the Peregrino C Platform in the Campos Basin offshore Brazil was installed by the world’s largest crane vessel, Heerema’s Sleipnir.

In this episode, we discuss the state of shale EOR in the US and what hydrocarbon producers need to know about seperator oil shrinkage.