Gas projects dominate planned upstream FIDs in 2019 as companies bet on rising natural gas demand Oil and Gas News 

Gas Projects Dominate Planned Upstream FIDs in 2019 as Companies Bet on Rising Natural Gas Demand

The 85 upstream projects up for Final Investment Decisions (FIDs) in 2019 include 75 greenfield developments, with approximately 42 billion barrel of oil equivalent (Bboe) of resources and 10 expansion phases, according to GlobalData, a leading data and analytics company. The company’s latest research reveals that natural gas projects contain 70% of the resources from greenfield developments awaiting approval in… Read More
Industry leaders predict increased activity this year #OilmanNEWS Alex Mills Contributors Oil and Gas News 

Industry Leaders Predict Increased Activity This Year

The oil and gas industry expects to increase drilling, production and capital expenditures during 2019, according to a variety of surveys of leaders of oil and gas companies released recently. The American Oil & Gas Reporter, a national trade magazine, released its January issue this week revealing that respondents said they plan to drill 22.1 percent more wells this year… Read More
Texas Upstream Employment Trends Indicate a Shortage of Available Talent #OilmanNEWS Oil and Gas News 

Texas Upstream Employment Trends Indicate a Shortage of Available Talent

As reported by TIPRO earlier this month, employment growth for the Texas upstream sector stalled in the fourth quarter of 2018 following many months of consecutive growth. A variety of factors contributed to the slowdown in hiring, including takeaway capacity constraints in West Texas, lower crude oil prices, rising material costs resulting from tariffs, as well as an ongoing shortage… Read More
Drillinginfo Acquires MineralSoft to Expand Focus on Managing Mineral and Non-operated Interests #OilmanNEWS Oil and Gas News Press Release 

Drillinginfo Acquires MineralSoft to Expand Focus on Managing Mineral and Non-operated Interests

Austin, Texas – Drillinginfo, the leading energy SaaS and data analytics company, announced today it has acquired MineralSoft, a software platform designed to make managing mineral, royalty, and non-operated working interests easier and more profitable. Collaboration between Drillinginfo and MineralSoft began in 2017 when the two companies announced a strategic alliance focused on understanding the value of mineral and non-operated… Read More
#OilmanNEWS Oil and Gas News Press Release 

Waterfield Energy Announces Acquisition of NeoFirma

TULSA —  Waterfield Energy, LLC, a leading provider of advanced cloud-based oil and gas accounting and transaction management software, announced today that they have completed the purchase of NeoFirma, Inc., a provider of cloud-based software focused on field data capture, operational reporting and well work tracking. “Acquiring NeoFirma made sense for us for a number of reasons. Their team has… Read More
New York Blower Introduces Online Ordering of Replacement Parts #OilmanNEWS Oil and Gas News Press Release 

New York Blower Introduces Online Ordering of Replacement Parts

WILLOWBROOK, IL, — New York Blower Company (NYB), which manufacturers high-quality engineered industrial fans and blowers, recently introduced online ordering of all replacement parts and manufactured components. Easy to use, this new web service simplifies and streamlines ordering, reduces human error when requesting items, and speeds delivery of parts and manufactured components to industrial companies worldwide. NYB’s new service lets… Read More
Oil price volatility driving M&A activity in oil and gas industry in recent years #OilmanNEWS Oil and Gas News 

Oil Price Volatility Driving M&A Activity in Oil and Gas Industry in Recent Years

Mergers and acquisitions (M&A) played an important role in helping oil and gas companies survive through one of the most tumultuous times over the last five years, as oil price continues to be volatile ever since falling from $100 a barrel in 2014, according to GlobalData, a leading data and analytics company. The company’s report: ‘M&A in Oil and Gas’… Read More
Oil News M&A #OilmanNEWS Oil and Gas News Press Release 

Corporate Deals Drive U.S. Oil & Gas M&A to 4-year Record Before Year-end Stall

Austin, TX  – Drillinginfo, the leading energy SaaS and data analytics company, announces that U.S. upstream oil & gas M&A clocked in at $84 billion in 2018 for the highest total since oil prices fell from their peak in late 2014. Large billion dollar plus deals fueled the surge in the back half of the year with a record-setting $32… Read More
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Hey, Don't Forget to Register for OILMAN ConnectThe Oil & Gas Virtual Conference & Expo November 5 & 6, 2019

We would like to invite you to attend the OILMAN Connect Virtual Conference and Expo. At OILMAN Connect, you will have the opportunity to visit companies showcasing their industry products, technology, and software solutions, as well as hear from oil and gas industry leaders presenting at our innovative webinar and speaker series - all with the click of a button. FREE to attend. Plus, we're giving away fantastic prizes during the show.