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Shell has made a deepwater disciver in the U.S. Gulf of Mexico

21 hours ago DieselGasoil Comments Off on Shell has made a deepwater disciver in the U.S. Gulf of Mexico
4/24/2019 U.S. Gulf of Mexico Map. Photo: Equinor. THE HAGUE — Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, has announced a significant discovery at the Blacktip prospect in the deepwater U.S. Gulf of Mexico. Evaluation is ongoing and appraisal planning is underway to further delineate the discovery and define development options. “Blacktip is Read More

Questerre announces successful private placement

1 day ago DieselGasoil Comments Off on Questerre announces successful private placement
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, April 24, 2019 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) is pleased to announce that its private placement of up to 38.9 million Common Shares (the Read More

Norhtern Oil and Gas acquires Williston Basin properties

2 days ago DieselGasoil Comments Off on Norhtern Oil and Gas acquires Williston Basin properties
4/23/2019 Photo: Northern Oil & Gas. MINNEAPOLIS — Northern Oil and Gas, Inc. has announced that it has entered into a definitive agreement to acquire the Williston Basin properties of VEN Bakken, LLC (Seller). Seller is a wholly-owned subsidiary of Flywheel Bakken, LLC (formerly Valorem Energy), a portfolio company of the Kayne Private Energy Income Read More

Questerre announces proposed private placement

2 days ago DieselGasoil Comments Off on Questerre announces proposed private placement
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, April 23, 2019 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) is pleased to announce that it intends to complete a private placement directed towards Norwegian and Read More

2019 Machine Learning conference: Tapping into oil and gas data

7 days ago DieselGasoil Comments Off on 2019 Machine Learning conference: Tapping into oil and gas data
By craig fleming, techical editor, world oil on 4/18/2019 HOUSTON — The 4th Annual Machine Learning in Oil and Gas conference kicked off Wednesday, April 17, in Houston. The first day focused on the different ways that IT providers and various service companies are collaborating to implement software solutions, to extract value from the vast Read More

High Arctic Closes Acquisition of Precision Drilling Snubbing Assets

1 week ago DieselGasoil Comments Off on High Arctic Closes Acquisition of Precision Drilling Snubbing Assets
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, April 16, 2019 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (“High Arctic”) is pleased to announce it has closed on the previously announced Read More

Zydeco Announces Binding Open Season

1 week ago DieselGasoil Comments Off on Zydeco Announces Binding Open Season
Houston, April 15, 2019 (GLOBE NEWSWIRE) — Zydeco Pipeline Company LLC (Zydeco), jointly owned by Shell Midstream Partners, L.P. (NYSE: SHLX) and Shell Pipeline Company LP (SPLC), announced today the start of a binding open season. Zydeco is seeking binding commitments for non-firm capacity transportation service on its 350-mile pipeline which delivers crude to St. Read More

Shale jobs in jeopardy despite oil price rally

2 weeks ago DieselGasoil Comments Off on Shale jobs in jeopardy despite oil price rally
Oil prices continue to rally, but not all is well in the US shale patch as drillers are facing both operational issues and have laid off hundreds of people. US shale drillers have run into a series of problems that have resulted in increased scrutiny on their operations. The difficulties span their operations – production Read More

U.S. crude oil production grew 17% in 2018, surpassing the previous record in 1970

2 weeks ago DieselGasoil Comments Off on U.S. crude oil production grew 17% in 2018, surpassing the previous record in 1970
November 9, 2019 Annual U.S. crude oil production reached a record level of 10.96 million barrels per day (b/d) in 2018, 1.6 million b/d (17%) higher than 2017 levels. In December 2018, monthly U.S. crude oil production reached 11.96 million b/d, the highest monthly level of crude oil production in U.S. history. U.S. crude oil Read More

Questerre engages financial advisor for Quebec strategic advisors

2 weeks ago DieselGasoil Comments Off on Questerre engages financial advisor for Quebec strategic advisors
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, April 08, 2019 (GLOBE NEWSWIRE) —  Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported that it has engaged Industrial Alliance Securities Inc. (“iA Securities”), a leading Quebec-based investment firm Read More