Rystad Energy: third of available crude storage capacity in the US will already be filled in April
With additional oil coming, the largest production shut-ins in the country’s history are not far off, according to Rystad.
Stay up to date with the latest news and updates from the oil industry.
With additional oil coming, the largest production shut-ins in the country’s history are not far off, according to Rystad.
AeonX (Nigeria) has signed a partnership agreement with WFS to promote and deliver the full range of Seatooth products for asset integrity and flow assurance monitoring to existing and new clients in Nigeria.
The Gateshead firm has won the Mid-Market Management award at the British Private Equity & Venture Capital Association’s (BVCA) Management Team Awards.
The projects will commence in 2Q20 and 3Q20.
PFS was asked to carry out work to wet test nine deluge systems on Chrysaor's Britannia platform.
Asso.subsea have taken delivery of an SMD Quasar 150hp 1000m rated ROV from SMD.
The revised 2020 capital budget of US$1.3 billion or less includes the implementation of 2Q20 frac holidays in the Bakken and Eagle Ford.
The company will be reducing its average rig count from 9 to approximately 3 in the Bakken and 10.5 to approximately 4 in Oklahoma.
Of the 100 listed energy service companies analysed by Rystad Energy across the various service segments for this research, more than two-thirds are unlikely to be able to meet their interest payment obligations on time this year.
The company has also suspended its full year 2020 financial guidance.
The work commitment on Licence P2470 consisted of a small volume of 3D seismic reprocessing.
The contract has been extended until at least March 2022.