Drillinginfo Restructuring Expectations Oil and Gas News 

In New Price Environment, Oil & Gas Industry Reframes Economic Focus by Restructuring Expectations and Living Within Cashflow

Austin, TX – Drillinginfo, the leading energy SaaS and data analytics company, has released its latest FundamentalEdge series report, Restructuring Expectations. The report confirms the US remains on track to surpass Russia as leading global producer of crude oil by the end of this summer and drills down on what the current $65/Bbl price environment means for the industry and… Read More
Trendsetter Oil and Gas News 

Trendsetter Engineering and Add Energy’s Well Optimization Hardware, the RWIS, Receives U.S. Patent

Trendsetter Engineering Inc (TEI) and Add Energy, the co‐developers who created the Relief Well Injection Spool (RWIS), have announced that their well kill and optimization hardware has been granted a US patent. About the Relief Well Injection Spool (RWIS) The RWIS has been designed and built to enable operators to stop a blowout from prolific reservoirs safely and efficiently via a… Read More
Dramatic Increase in U.S. Oil & Gas Upstream M&A Activity Forecast For Second Half 2018 Oil and Gas News Press Release 

Dramatic Increase in U.S. Oil & Gas Upstream M&A Activity Forecast For Second Half 2018

Austin, TX – Drillinginfo, the leading energy SaaS and data analytics company, forecasts that U.S. oil and gas M&A activity is primed to rise significantly in the second half of 2018. In a soon-to-be-released report, Drillinginfo findings show only $8.7 billion in activity during 2Q 2018, while quarterly M&A activity dating back to 2009 averages $17.8 billion. Since the Permian Basin… Read More
World Leaders Alex Mills Contributors Oil and Gas News 

World Leaders Discuss Energy Issues

Energy issues became a central point of discussion this week as the 29 countries in the North Atlantic Treaty Organization (NATO) met, and they are expected to be a topic of conversation as President Trump’s travels next week to meet with Russian President Vladimir Putin. Trump questioned Germany’s agreement to purchase natural gas produced in Russia delivered to Germany through… Read More
U.S. and India Oil Imports Oil and Gas News 

U.S. Wants India, Allies to Stop Importing Oil From Iran by November 4, Warns of Sanctions

India is facing tremendous pressure as the United States prepares to work with allies and partners to reduce oil imports from Iran. The United States has asked all countries, including India, to stop all oil imports from Iran by November 4, 2018, or face sanctions, making it clear that there would be no waivers to anyone. Last month President Donald… Read More
Best Performing Wells In Permian Break-Even At As Low As US$22 Per Barrel Oil and Gas News Press Release 

Best Performing Wells in Permian Break-Even at as Low as US$22 Per Barrel

During the last three years, companies operating in the Permian basin have drilled much longer laterals and used substantially more complex well completion design in their newer wells with the aim of reaching higher initial production (IP) rates. Well lateral lengths in the Permian have increased in average by more than 1,500 feet (ft) since 2016 to approximately 7,500 ft… Read More
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