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Natural Gas Exports Building A Strong US Commerce | OutPut by Rig Lynx

May 21, 2018

AÂ recent article caught my attention and hopefully yours, â€œTrumpâ€™s Iran Move May Kick Worst U.S. Gas Market While Itâ€™s Down.â€ There is indeed logic to the simplified idea: rising oil prices mean rising rig counts and rising oil production, which means rising associated natural gas production and thus fallingÂ natural gas prices. The notion stems from theÂ booming Permian basinÂ in

OPEC Keeps the Cut Going | OutPut by Rig Lynx

May 21, 2018

| Archives

A global oil glut has been virtually eliminated, figures published by OPEC showed on Monday, thanks to an OPEC-led pact to cut supplies that has been in place since January 2017 and due to rising global demand. Despite this, OPECâ€™s latest report said producers were cutting more than required under the deal, while producers not party to the

IEA Ready To Keep Market Supplied With Oil | OutPut by Rig Lynx

May 20, 2018

| Archives

The International Energy Agency (IEA) is ready to act if â€œnecessary to ensure that markets remain well supplied,â€ the IEAâ€™s Director for Energy Markets and Security, Keisuke Sadamori, toldÂ S&P Global PlattsÂ on Friday. The agency is talking to both oil producers and oil consumers as crude prices recently reached their highest level since November 2014 on the back of

Offshore U.S. Rig Count Slight Drop by 19 | OutPut by Rig Lynx

May 20, 2018

| Weekly Rig Count

The number of active offshore rigs in the U.S. fell to 19 active units this past week, according to weekly rig count reports released on Friday by Baker Hughes. Baker Hughes Rig Count: U.S. +1 to 1,046 rigs U.S. Rig Count is up 1 rig from last week to 1,046, with oil rigs unchanged at 844, gas rigs up

Green Energy in the Shadows of the Biggest Energy Revolution in History | OutPut by Rig Lynx

May 20, 2018

| Archives

Another day, another spate of headlines about the growing mess at Tesla. Last week, the electric carmaker announced that its head of engineering, Doug Field, was taking a leave of absence to â€œspend time with his family.â€ That news came just a few days after the company announcedÂ dreadful first-quarter financial results. As usual, the company posted a huge loss

Want a Nightmare, Letâ€™s Talk About Pipelines | OutPut by Rig Lynx

May 19, 2018

| Archives

Justin Trudeauâ€™s pipeline nightmare may be only getting started. As Kinder Morgan Inc. drives a hard bargain in Canadaâ€™s attempt to save the Houston-based companyâ€™s embattled Trans Mountain project, the prime minister could end up fighting for an asset that hardly anybody wants. Pipeline giant Enbridge Inc., for one, signaled it doesnâ€™t. Trudeauâ€™s government upped the ante this week,

Ghana Looking To Open Up 9 More Blocks? | OutPut by Rig Lynx

May 19, 2018

| Archives

West African country Ghana, a relative newcomer to the oil industry, plans to award as many asÂ nine offshoreÂ blocks off its west coast in 2018 and 2019, Ghanaâ€™s energy ministry said on Thursday. Ghanaâ€”where commercial crude oil production started in 2010â€”plans to award six of those new offshore blocks in 2018 and the other three next year, in a

Awilco Bags 18 Well Contract With Shell | OutPut by Rig Lynx

May 19, 2018

| Archives

Offshore driller Awilco Drilling has signed a contract with Shell UK Limited for the provision of WilPhoenix rig for a decommissioning program of 18 firm wells plus options totaling a further eight wells. The firm 18 well program has an estimated duration of 330 days and is scheduled to start around September 1, 2018, Awilco said in a

Maersk Drilling Sellout Talks Still Hot | OutPut by Rig Lynx

May 18, 2018

| Archives

Danish maritime industry giant A.P. Moller Maersk is still aiming to sell its offshore drilling and offshore supply vessel businesses by the end of 2018, despite recent reports claiming the drilling business sale might spill over into 2019. The company inÂ 2016 split its businessÂ into one focused on shipping and logistics, and the other on the oil and gas

A Streaming High? | OutPut by Rig Lynx

May 18, 2018

| Archives

Ten years ago, Netflix introduced a brand-new business model known as â€œstreaming.â€ The idea began with a modest 1,000 titles, but the site now boasts overÂ 100 million usersin more than 190 countries, consuming a massive 37 percent of all internet traffic at peak hours. Not only has this innovative idea revolutionized the way we consume media, it has popularized

Author: Admin

Natural Gas Exports Building A Strong US Commerce | OutPut by Rig Lynx

OPEC Keeps the Cut Going | OutPut by Rig Lynx

IEA Ready To Keep Market Supplied With Oil | OutPut by Rig Lynx

Offshore U.S. Rig Count Slight Drop by 19 | OutPut by Rig Lynx

Green Energy in the Shadows of the Biggest Energy Revolution in History | OutPut by Rig Lynx

Want a Nightmare, Letâ€™s Talk About Pipelines | OutPut by Rig Lynx

Ghana Looking To Open Up 9 More Blocks? | OutPut by Rig Lynx

Awilco Bags 18 Well Contract With Shell | OutPut by Rig Lynx

Maersk Drilling Sellout Talks Still Hot | OutPut by Rig Lynx

A Streaming High? | OutPut by Rig Lynx

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