
US shut-ins to reach at least 2 million bpd in June, predicts Rystad Energy
A Rystad Energy analysis shows that gross US cuts could reach at least 2 million bpd in June, including liquids.
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A Rystad Energy analysis shows that gross US cuts could reach at least 2 million bpd in June, including liquids.

12 prospective parcels of land will be opened for tender across Queensland’s resource-rich Bowen and Surat basins between Blackwater and Goondiwindi.

The 2020 Somali licensing round – launched virtually due to Covid-19 – features up to 7 blocks up for bidding.

In collaboration with Marathon Oil Corp and EG LNG, the country's Ministry of Mines and Hydrocarbons has awarded a contract for the development of a gas master plan to British company Gas Strategies.

The study for JX Nippon Oil & Gas Exploration Corp. will assess options for carbon capture and sequestration (CCS), alongside blue hydrogen production relating to oil and gas fields in South East Asia.

Ecopetrol’s CAPEX for the year now sits in a range between US$2.5 billion and US$3 billion.

Oil prices fell this morning as traders curbed their enthusiasm about new cuts from the Middle East, due to an emerging possibility of increased lockdown periods fearing a possible second Covid-19 wave.

Sven Olson, Leistritz Advanced Technologies Corp., USA, describes the applications of twin-screw pumps in the upstream industry.

Nathan Wyatt and Avinash Dharne, Halliburton, USA, focus on a plug system designed specifically for deepwater projects.

Barry Smart, Gyrodata, UK, looks into the applications of a drop gyro surveying system in the oilfield.

Rutger Baan, GustoMSC, The Netherlands, examines a crane designed by the company that separates wireline operations from the drill floor.

Jeremy Holberg, Gardner Denver, USA, looks at a new frac pump designed for the wide variety of fleets currently operating in the frac market.