Exploration & Production

Premium Blend

Understand Root Cause Of Problems, Says Hess Corp.'s Joaquin Martinez, Utica Asset Director

Free
Mon, 08/31/2015 - 08:46

Joaquin Martinez, Utica asset director at Hess Corp., discussed how the lean manufacturing principles program has eliminated waste in well efficiency and improved capital efficiency. The company shrank its costs by 47% after two years of using the program in the Bakken, and shrank its costs by 30% after two years of using it in the Utica.

Rig Count

Free

Oilfield Service Deals Stagnate For Want Of Buyers

Potential buyers have had to cut employees, and so far few companies are going out of their way to aggressively buy frack fleets or other equipment.

Wed, 05/20/2015 - 09:58
Free

EnerVest CEO: $30 WTI Not Out Of The Question

Oil exports are needed, but improbable, as U.S. oil supply builds. Near the end of March, storage at Cushing, Okla., had grown to 58.9 million barrels, about 80% of capacity.

Wed, 04/08/2015 - 16:22
Non-free

Cushing Storage Capacity Is Being Tested

U.S. crude oil in storage grew by 8.4 million barrels—twice as much as commodity analysts expected—to 1.125 billion barrels for the week ending Feb. 20, according to the EIA’s weekly report Wednesday. Of that, 434 million was in non-SPR storage, up from 363 million a year ago.

Tue, 03/03/2015 - 10:27
Free

Sanchez, Halcón Latest E&Ps To Tamp Down Capex

Halcón’s budget will fall 60% from 2014 levels while Sanchez reduces rigs.

Fri, 01/09/2015 - 11:27