January 2021 - Rig Lynx

GameStop, Robinhood… is Blockbuster next?

January 31, 2021

| Memes

Seems to be a theme these days.... GameStop, Robinhood... is Blockbuster next? Join our mailing list here

North America Rig Count: U.S. adds 6 and Canada adds 2

January 29, 2021

| Weekly Rig Count

Baker Hughes Rig Count: U.S. +6 to 384 rigs U.S. Rig Count is up 6 from last week to 384 with oil rigs up 6 to 295, gas rigs unchanged at 88, and miscellaneous rigs unchanged at 1. U.S. Rig Count is down 406 rigs from last year's count of 790, with oil rigs down 380, gas rigs down

Canada’s TransGlobe Energy prepped to drill 12 wells in Egypt through 2021

January 29, 2021

| Archives

TransGlobe Energy Corp. has announced that its 2021 drilling program includes 12 wells in Egypt. The news comes as the company released its 2021 capital budget and production guidance which comes in at $27.2 million (before capitalized G&A) which is broken down between its operations in Egypt and Canada. Egypt will see $16.6 million and Canada $10.6

Karoon signs LOI with TechnipFMC

January 29, 2021

| Archives

Australian oil company Karoon Energy announced on Thursday the plans for the acquisition of necessary equipment for the Patola field, in the Santos basin. The agreement was signed with TechnipFMC and provides for long-term items that will be used in the development of the asset. The information was disclosed in the company's financial and operating balance sheet for the

O&G Industry seek to forge an alliance with corn growers and biofuel producers

January 29, 2021

| Archives

The U.S. oil industry is seeking to forge an alliance with the nation’s corn growers and biofuel producers to lobby against the Biden administration’s push for electric vehicles, but is so far meeting a cool reception, according to multiple sources familiar with the discussions. The effort to promote liquid fuels and combat expected federal subsidies for electric vehicles

Will Bidens oil and gas drilling ban end offshore Gulf of Mexico work

January 29, 2021

| Archives

President Joe Biden’s temporary halt to drilling on federal lands leaves the vast majority of U.S. crude production untouched, though it may be the death knell for the Gulf of Mexico’s already dwindling output. Should the halt announced Wednesday become permanent, the U.S. would stand to lose as much as 200,000 barrels a day of output by the

Biden, O&G, Elon drilling, Teachers & Vaccines, Super Bowl Ad Pulls, UFC 257, GameStop OVERTIME EP 9

January 29, 2021

| OVERTIME

Listen to "Ep 9: Biden and O&G, Diamond Offshore, Elon drilling in Texas, Teachers and Vaccines, Super Bowl Ad Pulls, UFC 257, GameStop Short Squeeze" on Spreaker. Greg and Ryan talk Biden and O&G, Diamond Offshore, Elon drilling in Texas, Teachers and Vaccines, Super Bowl Ad Pulls, UFC 257, GameStop Short Squeeze 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

Nigeria’s Petro Bill, Recon Africa, Sonatrach, Solstad and Subsea 7 Angola WEST AFRICA WEEKLY EP 4

January 29, 2021

| West Africa Weekly

Listen to "EP 4: Nigeria’s New Petroleum Bill, Recon Africa and Kavango Basin, Sonatrach 2021, Solstad Offshore and Subsea 7 Offshore Angola" on Spreaker. Greg and Arvy talk Oil Prices, Nigeria’s New Petroleum Bill, Recon Africa and Kavango Basin, Sonatrach 2021, Solstad Offshore and Subsea 7 Offshore Angola SUBSCRIBE TO THE PODCAST: https://www.spreaker.com/show/west-africa-weekly LISTEN ON: ITUNES: https://podcasts.apple.com/us/podcast/west-africa-weekly/id1547856250 SPOTIFY: https://open.spotify.com/show/6PLPUWNRFumBHcJzUIQSps YouTube: https://www.youtube.com/c/RigLynx ADD US ON: LINKEDIN: https://www.linkedin.com/company/rig-lynx ADD US

Petrobras plans to drill up to 58 wells by 2025

January 28, 2021

| Archives

Petrobras president Roberto Castello Branco said on Thursday morning (28) that the state company should increase its exploratory activity over the next few years. According to the executive, the company will drill up to 58 wells on the horizon by 2025. The number represents an increase of 50% in comparison with the five-year period from 2016 to 2020, according to

Global oil demand to rise, boosted by vaccine distribution and economy

January 28, 2021

| Archives

Global oil demand is expected to rise by nearly 7% this year, boosted by quicker vaccine distribution and a better economic outlook, consultancy Wood Mackenzie said on Thursday. Total liquids demand is expected to average 96.7 million barrels per day (bpd) in 2021, 6.3 million bpd higher than last year when the Covid-19 pandemic caused an unprecedented oil

Month: January 2021

GameStop, Robinhood… is Blockbuster next?

North America Rig Count: U.S. adds 6 and Canada adds 2

Canada’s TransGlobe Energy prepped to drill 12 wells in Egypt through 2021

Karoon signs LOI with TechnipFMC

O&G Industry seek to forge an alliance with corn growers and biofuel producers

Will Bidens oil and gas drilling ban end offshore Gulf of Mexico work

Biden, O&G, Elon drilling, Teachers & Vaccines, Super Bowl Ad Pulls, UFC 257, GameStop OVERTIME EP 9

Nigeria’s Petro Bill, Recon Africa, Sonatrach, Solstad and Subsea 7 Angola WEST AFRICA WEEKLY EP 4

Petrobras plans to drill up to 58 wells by 2025

Global oil demand to rise, boosted by vaccine distribution and economy

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