Drillinginfo Announces Intent to Acquire Cortex Expanding Digital Oilfield Services & e-Payment Systems #OilmanNEWS Oil and Gas News Press Release 

Drillinginfo Announces Intent to Acquire Cortex Expanding Digital Oilfield Services & e-Payment Systems

Austin, Texas – Drillinginfo, the leading energy SaaS and data analytics company, announced today it will acquire Cortex, a Network-as-a-Service company that enables automation of accounts payable and receivable (AP and AR) processes for the oil and gas industry. Drillinginfo’s announcement arrives nearly three months after its acquisition of Oildex in September 2018, staying the course on Drillinginfo’s commitment to… Read More
Iraq’s Policies to Support Oil and Gas Development Appear Stalled #OilmanNEWS Oil and Gas News Press Release 

Iraq’s Policies to Support Oil and Gas Development Appear Stalled

Iraq’s crude-oil production is gradually increasing thanks to expansion at previously delayed oil projects. However, the existing contracts are still not able to reach their full potential, according to GlobalData, a leading data and analytics company. The company’s report: ‘New Iraqi Government Faces Policy Hurdles to Unlock Long-Term Growth’ reveals that Iraq’s crude-oil and condensate production is gradually expanding and… Read More
TIPRO Files Comments with EPA on Improvements to Oil & Natural Gas Air Quality Standards #OilmanNEWS Oil and Gas News Press Release 

TIPRO Files Comments with EPA on Improvements to Oil & Natural Gas Air Quality Standards

The Texas Independent Producers & Royalty Owners Association (TIPRO) filed comments this week with the Environmental Protection Agency (EPA) highlighting recommended improvements for the 2016 New Source Performance Standards (NSPS) for the oil and gas industry during the agency’s reconsideration rulemaking process. TIPRO has been an active participant in the rulemakings and associated litigation since the EPA proposed to revise… Read More
Natural Gas Liquid Production Continues Growth Streak #OilmanNEWS Oil and Gas News 

Natural Gas Liquid Production Continues Growth Streak

20% increase expected in next five years; price volatility likely as industry awaits infrastructure, fractionation and cracker projects to come online Austin, TX – Drillinginfo, the leading energy SaaS and data analytics company, has released a natural gas liquids (NGL) update, the latest in its FundamentalEdge series reports. According to the report, NGL production is hitting record highs despite fractionation… Read More
At Current Crude Oil Prices, Is It Too Late to Hedge? #OilmanNEWS Oil and Gas News 

At Current Crude Oil Prices, Is It Too Late to Hedge?

U.S. benchmark (West Texas Intermediate, or “WTI”) and international Brent crude oil prices have plunged by more than a third from an October 3, 2018 high of $76.41per barrel (/bbl) and $86.29/bbl, respectively—the largest percentage decline since early 2016. Currently, WTI prices stand in the low $50s/bbl range, with Brent prices hovering at the low $60/bbl range. How Healthy Are… Read More
US Exporter #OilmanNEWS Alex Mills Contributors Oil and Gas News 

U.S. Becomes Net Exporter of Petroleum

Just a week after OPEC members announced they were cutting oil production and exports, the U.S. Energy Information Administration announced that the U.S. became a net exporter of petroleum in November for the first time. The news signifies that U.S. has become a major player in world crude oil marketplace as production continues to increase surpassing 11 million barrels per… 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.

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