December 2020 - Page 8 of 10

Digital Field Ticketing Solutions with Cleargistix

December 4, 2020

Welcome to Talk The Tech, a live series each week from Rig Lynx where we highlight new technology being used in industries around the world. Episode 1 – Steven Toups President of Cleargistix shows us how their product destroys paper Watch this episode for a Live Demo! About Cleargistix Located in Mandeville, Louisiana, Cleargistix is a software company and they

North America Rig Count: U.S. up 3 and Canada unchanged

December 4, 2020

| Weekly Rig Count

Baker Hughes Rig Count: U.S. +3 to 323 rigs U.S. Rig Count is up 3 from last week to 323 with oil rigs up 5 to 246, gas rigs down 2 to 75, and miscellaneous rigs unchanged at 2. U.S. Rig Count is down 476 rigs from last year's count of 799, with oil rigs down 417, gas rigs

Chevron Announces $14 Billion Capital and Exploratory Budget for 2021

December 4, 2020

| Archives

Chevron Corporation today announced a 2021 organic capital and exploratory spending program of $14 billion and lowered its longer-term guidance to $14 to $16 billion annually through 2025. This capital outlook will continue to prioritize investments that are expected to grow long-term value and deliver higher returns and lower carbon, including over $300 million in 2021 for

Total meets with Libya’s NOC on rehab operations for Mabruk Oilfield

December 4, 2020

| Archives

Executives of Libya’s National Oil Corp (NOC) and French firm Total met in on Dec 1 to discuss current preparations to rehabilitate the Mabruk Oil Field which was damaged during a 2015 attack. The rehabilitation is to be fast-tracked and both owners are supporting the operator to reinstate the field and resume production. Also discussed was long-term,

Uganda gives approval for $3.5 billion pipeline co-owned by Total and CNOOC

December 4, 2020

| Archives

Uganda has granted environmental approval for a $3.5 billion pipeline to export crude oil from western fields to the Indian Ocean coast in Tanzania, despite pressure from lobby groups. The planned pipeline, from fields co-owned by France’s Total and China’s CNOOC, would cross sensitive ecological systems including wildlife-rich areas, rivers and swampland that are catchments for Lake Victoria. International

Denmark to end exploration in the North Sea by 2050

December 4, 2020

| Archives

Denmark’s government on Thursday agreed with a majority in parliament to put an end to all oil and gas exploration and extraction in the North Sea by 2050 as well as cancel its latest licensing round. The future of Denmark’s oil and gas operations in the North Sea has been a political issue after the Nordic country agreed

Did Jake Paul really knock out Nate Robinson?

December 3, 2020

| OVERTIME

Greg and Ryan talk oil prices, market sentiment, KXL pipeline and we share our thoughts on the Tyson Jones fight, Sarah Fuller kicking out for Vandy and that crazy F1 crash! Oh right, and did Jake Paul really knock out Nate Robinson?? SUBSCRIBE TO THE PODCAST ? https://www.spreaker.com/show/overtime_16 LISTEN ON: ITUNES ? https://podcasts.apple.com/us/podcast/overtime/id1543586841 SPOTIFY ? https://open.spotify.com/show/011NdEFDU9kjroD2C6WJZR?si=p6H58eTDR-6FwiH7uB5KaA YouTube ? https://www.youtube.com/c/RigLynx ADD US ON:

Petrobras speculates on Guyana entry

December 3, 2020

| Archives

Brazil’s Petrobras could expand its operations into neighboring Guyana, if the regulatory environment does not improve in Brazil, CEO Roberto Castello Branco said on Thursday, the first official admission of interest in the hot frontier oil play. Petroleo Brasileiro SA, as the company is formally known, has exploration interests off Brazil’s northern coast. There is speculation among geologists

OPEC+ says 500k barrel a day increase in January

December 3, 2020

| Archives

OPEC+ agreed to ease its oil-output cuts next year more gradually than previously planned, giving a fragile market more time to absorb the extra supply. A gradual tapering falls short of what had been widely expected before this week: a full three-month delay to the scheduled January output increase. Yet the compromise deal also avoids a breakdown

Newfoundland commits funds to support West White Rose project

December 3, 2020

| Archives

Husky Energy will receive $41.5 million in federal money to maintain jobs and move toward restarting its West White Rose offshore oil project in Newfoundland and Labrador, although officials admit a restart is not certain. Newfoundland and Labrador Premier Andrew Furey made the funding announcement Thursday at Husky's offices in downtown St. John's. Furey said the investment ensures

Month: December 2020

Digital Field Ticketing Solutions with Cleargistix

North America Rig Count: U.S. up 3 and Canada unchanged

Chevron Announces $14 Billion Capital and Exploratory Budget for 2021

Total meets with Libya’s NOC on rehab operations for Mabruk Oilfield

Uganda gives approval for $3.5 billion pipeline co-owned by Total and CNOOC

Denmark to end exploration in the North Sea by 2050

Did Jake Paul really knock out Nate Robinson?

Petrobras speculates on Guyana entry

OPEC+ says 500k barrel a day increase in January

Newfoundland commits funds to support West White Rose project

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