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925,000 gallons of gasoline for $1 | OutPut by Rig Lynx

August 8, 2018

What if we told you thereâ€™s a land where premium gasoline flows like water, where a single U.S. dollar could net you nearly 925,000 gallons of the good stuff? This is no fairy taleâ€”this is the reality on the ground in Venezuela,Â and itâ€™s more like a nightmare as the country continues to grapple with the worst economic

Its been 14 years since we lost a Hellfighter

August 8, 2018

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Famed oilfield well control expert and firefighter Paul â€œRedâ€ Adair died at age 89 in Houston August 7 2004.Â The son of a blacksmith, Adair was born in 1915 in Houston. He served with a U.S. Army bomb disposal unit during World War II. Adair began his career working for Myron Macy Kinley, who patented a technology for using

$3.7 billion Marcellus pipeline project halted by federal agencies for reroute | OutPut by Rig Lynx

August 7, 2018

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A $3.7 billion pipeline in Americaâ€™s biggest shale gas play could be rerouted after a federal agency ordered all work on the project to stop. In a rare move, regulators on Friday ordered EQT Midstream Partners LP to halt construction on its 303-mi Mountain Valley conduit, which would carry natural gas from the Marcellus basin to southern markets.

Deep Gulf Energy handing over GOM assets to Kosmos for $1.2 Billion | OutPut by Rig Lynx

August 7, 2018

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Kosmos Energy Ltd., Dallas, has agreed to acquire Gulf of Mexico operatorÂ Deep Gulf EnergyÂ (DGE), Houston, from First Reserve and other shareholders for $1.225 billion comprised of $925 million in cash and $300 million in common shares. The acquisition, which includes Deep Gulf Energy LP, Deep Gulf Energy II LLC, and Deep Gulf Energy III LLC, adds to â€œan

Drilling Systems helping Stena get crews back in the swing of things with OTR | OutPut by Rig Lynx

August 7, 2018

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Seeking to make rig reactivations faster, smoother and safer for new and experienced crews alike, one offshore drilling contractor reported Monday that it is taking the unprecedented step of using simulators. â€œThe approach of conducting realistic, rig-specific simulated exercise and tailored coaching to fill competency gaps is the first of its kind for the oil and gas industry,â€

LNG powered rigs, trying to ease the choke point in Permian | OutPut by Rig Lynx

August 6, 2018

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Itâ€™s called micro LNG, and the concept is simple. By super-cooling natural gas, they can pack three times more of it into a truck, which may help the Permian basin deal with its growing gas excess. Liquefied natural gas is largely shipped in huge ocean-going tankers. Trucking it lets explorers power drilling operations with a fuel thatâ€™s abundant,

Noble puts 3 to sleep and prepares for work in Guyana | OutPut by Rig Lynx

August 5, 2018

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Noble said on Thursday that, during the second quarter of 2018, the company conducted a review of its fleet. The review included an assessment of certain assumptions, including future marketability of each unit in light of its current technical specifications. Following this review, the company recognized partial impairments on the drillshipÂ Noble Bully IÂ and semi-submersibleÂ Noble Paul Romano, while the

Job flock hit Odessa and Halliburton for hot Permian jobs | OutPut by Rig Lynx

August 4, 2018

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ODESSA, TEXAS- Job fairs are stocked with people hungry for better opportunities, but inside the MCM Grande Hotel in Odessa, Texas, oil services giant Halliburton is the one doing the wooing. â€œWe need to hire you is our message,â€Â said Chris Redman, a field services manager with Summit ESP, which Halliburton acquired last year. More than 500 men and

You can thank petroleum for that toothbrush, it used to be hog hair | OutPut by Rig Lynx

August 3, 2018

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August 2, 1938 â€“ Petroleum Product replaces Hog Bristles Weco Products Company of Chicago, Illinois, promotedÂ its â€œDr. Westâ€™s Miracle-Tuftâ€ â€“ the earliest toothbrush to use synthetic nylon developed by DuPont chemists justÂ threeÂ years earlier. Americans would soon be brushing their teeth with nylon bristle toothbrushes instead of hog bristles, declared theÂ New York Times. â€œUntil now, all good toothbrushes were made

Chevron will get the boot by Indonesia in 2021, reinforcing state owned resource development | OutPut by Rig Lynx

August 3, 2018

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JAKARTA, Indonesiaâ€”This countryâ€™s election season is spelling trouble for foreign resource companies, withÂ ChevronÂ Corp.Â the latest to lose prized assets to a state company. Indonesia is in the midst of a politically popular drive toÂ gain greater stakes in its natural resources, often by declining to grant extensions to foreign companies that have operated projects for decades. Thatâ€™s in line with

Archives

925,000 gallons of gasoline for $1 | OutPut by Rig Lynx

Its been 14 years since we lost a Hellfighter

$3.7 billion Marcellus pipeline project halted by federal agencies for reroute | OutPut by Rig Lynx

Deep Gulf Energy handing over GOM assets to Kosmos for $1.2 Billion | OutPut by Rig Lynx

Drilling Systems helping Stena get crews back in the swing of things with OTR | OutPut by Rig Lynx

LNG powered rigs, trying to ease the choke point in Permian | OutPut by Rig Lynx

Noble puts 3 to sleep and prepares for work in Guyana | OutPut by Rig Lynx

Job flock hit Odessa and Halliburton for hot Permian jobs | OutPut by Rig Lynx

You can thank petroleum for that toothbrush, it used to be hog hair | OutPut by Rig Lynx

Chevron will get the boot by Indonesia in 2021, reinforcing state owned resource development | OutPut by Rig Lynx

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