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  1. Fred

    Crude Oil Oil falls on coronavirus hit to demand, OPEC+ delay

    The IEA last week said that first-quarter oil demand is likely to fall by 435,000 barrels per day (bpd) from the same period last year in the first quarterly decline since the financial crisis in 2009.
  2. Fred

    Crude Oil North Dakota has two to five years tell Peak Oil
  3. Fred

    Question? involuntary relocation/transfer

    This is normal in times of slowdown. most companies won't tell you it's a permanent move, for fear of losing full crews. Some Colorado Companies are moving crews to texas.
  4. Fred

    Water Hauling - Production water

    Production water
  5. Fred

    Crude Oil OPEC committee urges crude oil output cut over coronavirus Delegates of OPEC and other oil producers including Russia -- together known as OPEC+ -- have been in a "joint technical committee" meeting in Vienna this week. The...
  6. Fred

    Crude Oil OPEC’s Oil Production Plunges, But It May Not Be Enough
  7. Fred

    Oilfield Oilfield service company delisted from New York Stock Exchange

    oilfield service company Carbo Ceramics will now be traded as a penny stock after spending more than 30 days trading below $1 per share and being delisted from New York Stock Exchange. In a late Friday afternoon statement, Carbo announced that its stock will begin trading on the OTC Markets...
  8. Fred

    Oilfield New Mexico proposes strategies on methane pollution from oil and gas

    The State’s Methane Advisory Panel, led by the New Mexico Environment Department (NMED), and the Energy, Minerals and Natural Resources Division (EMNRD), released a draft technical report which outlined methane-emitting sources in the oil and gas sector and provided potential methods to reduce...
  9. Fred

    Oilfield Superior Energy Services latest casualty of oilfield downturn

    Superior Energy Services latest casualty of 'fracking' market downturn
  10. Fred

    Oilfield Oil industry looks forward to more bankruptcies
  11. Fred

    Oilfield As Oil Prices Plunge Oilfield Jobs in jeopardy

    The oilfield services industry has witnessed a massive downturn over the last few quarters. With WTI Crude price still struggling to cross the $50 per barrel mark for a sustained period, oilfield services companies are experiencing slowdown in recovery. This lean period forced oilfield service...
  12. Fred

    Oilfield Halliburton layoffs confirmed

    “HESI anticipates that the layoff will be on approximately December 2, 2019. The layoff is expected to be a permanent employment loss. At this time it is expected that the facility will not remain open. It is reasonably anticipated that approximately 800 employees will be affected by the layoff.”
  13. Fred

    Oilfield Halliburton layoffs confirmed

    The news came two days after the company announced it would be shuttering its El Reno operations with almost 800 employees set to lose their jobs and one day after another announcement confirmed the El Reno operation would move back into Duncan territory.
  14. Fred

    Oilfield North Dakota´s Oil Revenue Decreases By $1B “We’ve got a billion-dollar hole in the North Dakota economy that we really haven’t filled yet,” said Rep. Keith Kempenich, R-Bowman.
  15. Fred

    Oilfield As natural gas falters, Wyoming has a lot to lose
  16. Fred

    Oilfield Liberty Oilfield Services CEO expects pricing pressure to continue
  17. Fred

    Oilfield Workers plug Keystone pipeline in North Dakota to access site of spill
  18. Fred

    Oilfield Oasis Petroleum (OAS) Reports Q3 Loss, Tops Revenue Estimates

    Oasis Petroleum (OAS) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of...
  19. Fred

    Oilfield Shares of Chesapeake Energy Corp. took a deep dive Tuesday, with they go bankrupt?

    Shares of Chesapeake Energy Corp. took a deep dive Tuesday, after the oil and natural gas production company’s financial results missed Wall Street expectations for a third-straight quarter, and gave investors reason to doubt the company’s ability to achieve its target for free cash flow next...
  20. Fred

    Oilfield BLM finds minimal fracking risks in California

    A long-running legal battle over federal oil-and-gas leasing in California may be nearing resolution after new findings by the U.S. Bureau of Land Management that the oilfield technique known as fracking does not pose undue environmental harm to 1.2 million acres in Kern County and other parts...