The Sensori fracture monitoring service provides true, real-time data acquisition and processing of near-well and far-field subsurface measurements. Through automation, cloud processing and big data analytics, the Sensori service provides continuous, real-time subsurface feedback for multiple well pads across an entire asset. SourceContinue Reading

Russia’s Novatek Slashes Gas Output at Sanctioned Arctic LNG 2 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jul 16, 2024, 10:30 AM CDT The Arctic LNG 2 project in Russia, which Western sanctions have hit in recent months, significantly reduced its production of natural...Continue Reading

Bolivian President Luis Arce announced the discovery of a 1.7 Tcf natural gas reserve near La Paz. This discovery, the largest since 2005, is expected to become the third-largest producing field in Bolivia and is expected to produce first gas in two to three years. SourceContinue Reading

Hammerhead aims to start production in 2029, boosting Guyana’s oil production capacity to over 1.4 MMbpd. Exxon, along with partners Hess Corp and China’s CNOOC, expects Hammerhead to produce between 120,000 and 180,000 bpd, which is less than the 250,000 bpd from its largest vessels offshore Guyana. SourceContinue Reading

WTI Falls To $80 Despite Expectations of Global Q3 Supply Deficit | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Jul 16, 2024, 10:00 AM CDT Oil prices are falling on Tuesday morning as weaker-than-expected...Continue Reading

UK’s First New Coal Mine in 30 Years Faces Legal Challenge | OilPrice.com Josh Owens Josh Owens is the Content Director at Oilprice.com. An International Relations and Politics graduate from the University of Edinburgh, Josh specialized in Middle East and… More Info Related News By Josh Owens – Jul 16, 2024, 9:30 AM CDT Climate...Continue Reading

Africa Emerges as Focal Point in Global Oil and Gas Exploration | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Jul 16, 2024, 9:00 AM CDT Global...Continue Reading

Russia’s Crude Oil Exports Slip To Lowest Level Since January | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Related News By Tom Kool – Jul 16, 2024, 8:00 AM CDT Russian seaborne crude oil exports dropped in the four weeks...Continue Reading

India Increases Windfall Tax on Crude Oil | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Jul 16, 2024, 7:00 AM CDT India has increased its windfall tax on petroleum crude to $83.75 per metric ton effective July 16th for a...Continue Reading

Exxon Plans Seventh Oil Project Offshore Guyana | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Jul 16, 2024, 6:00 AM CDT ExxonMobil continues to bet big on Guyana, planning a...Continue Reading