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Urbint Raises $20M for Development of AI-powered Prediction, Threat Prevention Technology
June 22, 2020
Thanks to investments from Energy Impact Partners, Piva, Salesforce Ventures, and National Grid Partners, Urbint has raised $20 million to further technology capable of predicting and preventing threats to energy infrastructure and worker safety. “A few years ago, we saw
Shale Producers Starting to Turn the Taps Back On
June 19, 2020
U.S. shale producers are expected to restore roughly half a million barrels per day (bpd) of crude output by the end of June, according to crude buyers and analysts, amounting to a quarter of what they shut since the coronavirus
BLM to Offer Parcels from Postponed May Auction in August
June 19, 2020
Ninety-four parcels of federal public land in New Mexico and West Texas that were offered in the Bureau of Land Management’s May oil and gas lease sale postponed due to the COVID-19 pandemic were added to the BLM’s August lease
ConocoPhillips to Resume Normal Production on Alaska’s North Slope in July
June 19, 2020
ConocoPhillips plans to resume normal production operations on Alaska’s North Slope in July, a spokesperson said, after a reduction this month that the company attributed to low prices and a global oversupply of oil. Natalie Lowman, a spokesperson for ConocoPhillips
Texas to Pursue Policies to Curb Flaring
June 19, 2020
Texas will look into policies to “drastically reduce” natural gas flaring from the state’s shale patch as investors become increasingly sensitive to climate change concerns. The call to action from the head of the Texas Railroad Commission, which oversees oil
EIA: U.S. Natural Gas Production Efficiency Continued to Improve in 2019
June 19, 2020
The U.S. Energy Information Administration’s latest Drilling Productivity Report (DPR) was updated on Monday, June 15. Analysis of underlying data on natural gas well efficiency shows how U.S. natural gas production increased in 2019 because, in part, of greater productivity
Matador Releases Ray State Well Results, Ongoing Operations, and Upcoming 2020 Milestones
June 18, 2020
Matador Resources Company released the results from the first five wells completed and turned to sales on the Ray State tract in the Rustler Breaks asset area and provided updates on the Rodney Robinson wells in the Antelope Ridge asset
Enterprise Ramps Up Ethylene Exports, Commissions Ethylene Storage and Pipeline System
June 18, 2020
Enterprise Products Partners’ ethylene export terminal at Morgan’s Point, Texas, a joint venture with Navigator Holdings, has exceeded design interim loading capacity and expects to export more than 175 million pounds for the month of June. The terminal is in
Graves & Co. Consulting and Signa Engineering Create Strategic Alliance
June 18, 2020
Graves & Co. Consulting has created a strategic alliance with Signa Engineering providing unparalleled engineering and consulting capacity and expertise. Graves’ collaboration with Signa, the premier drilling and production engineering and analytics firm, expands Graves’ capacity to evaluate assets beyond
Williams Reaches Tieback Agreement with LLOG Exploration’s Taggart Development, Gulf of Mexico
June 18, 2020
Williams has reached a tieback agreement with LLOG Exploration Offshore to provide offshore natural gas and oil gathering and production handling services for the Taggart development at Williams’ Devils Tower Spar, which is located 140 miles southeast of New Orleans
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