Archives for 2017
Rubicon Oilfield International acquires downhole products supplier
Houston-based Rubicon Oilfield International acquired Choice Completions Systems, LLC, an oilfield equipment supplier, for an undisclosed sum. RELATED: Rubicon Oilfield International acquires oilfield products supplier Choice, also a Houston-based company, was established in 2016 and provides exploration...
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Analysts warm to Apache’s Alpine High
Analysts may be slowly changing their tunes on Apache Corp.’s giant Alpine High discovery, after a skeptical first few months. Apache announced the Permian Basin find in September, worth an estimated 15 billion barrels of...
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Market Currents: Saudi crude exports show April pullback
Crude is rebounding into the weekend after yesterday’s solid dose of the WBWs (whoop-bang-wallops, lest we forget). Although prices are now mired below their 200-day averages, after dropping ~15 percent from mid-last month, some bargain-hunting...
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Rig count rises for 16th straight week
The number of oil and gas rigs in U.S. fields rose for the 16th straight week as oil companies, especially in Texas and Louisiana, continue to drill despite a recent dip in oil prices. This...
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Landlocked Oklahoma wants a piece of Mexico’s offshore industry
By Lydia DePillis Not every middle-of-the-country state can be a player in Mexico’s developing offshore oil industry, but if anyone has a chance, it’s Oklahoma. The landlocked state has a native oil industry and a...
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