Bakken oil already under $50 bbl due to regional discount DAN MURTAUGH BISMARCK (Bloomberg) Oil market analysts are debating if oil will fall to $50. In North Dakota, prices are already there. Crude sold at the wellhead in the Bakken
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O'NielPetroserve Site
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Simplifying Nigerian Bonny Light Crude Oil Buying, BLCO With O'Niel Petroserve
O'Neil Petroserve has an excellent track record of reliability in the supply of Bonny light crude oil, BLCO. We protect our buyers with 2% Performance Bond while we also expect protection from our customers with bank instrument from the world's top banks. We deliver on TTO, TTT, CIF and FOB basis.
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Wednesday, 3 December 2014
Tuesday, 2 December 2014
NCS Multistage frac-isolation system deployed in four Montney gas wells
CALGARY -- NCS Multistage has announced successful deployment of the company' s patented Multistage Unlimited frac-isolation system to complete four Montney gas wells in the Pouce Coupe field in British Columbia.
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Genel, Gulf Keystone get Kurdish payments for oil through Turkey
LONDON (Bloomberg) -- Genel Energy Plc and Gulf Keystone Petroleum Ltd., which operate in Iraqi Kurdistan, received initial payments from the regional government for shipments routed through Turkey and are awaiting further disbursements.
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Monday, 1 December 2014
Harold Hamm: Activity will slow as oil price slides
OKLAHOMA CITY, Oklahoma (Bloomberg) -- Billionaire wildcatter Harold Hamm, a founding father of the U.S. shale boom, said U.S. drilling will slow because of lower oil prices. While the chairman and CEO of Continental Resources Inc. sees U.S. activity decreasing, he said a potential price war bodes well for U.S. producers that can outlast many countries that depend on far higher oil.
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Marathon Oil announces discovery in Iraqi Kurdistan
HOUSTON -- Marathon Oil Corp., through its wholly owned subsidiary Marathon Oil KDV B.V., has announced that its Jisik-1 exploration well has discovered multiple stacked oil and natural gas producing zones on the company' s operated Harir Block in the Kurdistan Region of Iraq.
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