Archives for July 2019
Drilling Down: Surge Energy’s record-breaking lateral in the Permian Basin
Houston oil company Surge Energy made a small piece of history in the Permian Basin of West Texas — drilling the longest lateral for a horizontal well. Source: FuelFix
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Oil advances as Iran's seizure of tanker keeps tensions high
Oil extended gains as tensions in the Persian Gulf remained elevated after Iran seized a British tanker, and Libyan production fell after an unidentified group reportedly shut the country’s largest field. Source: FuelFix
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Halliburton misses Wall Street expectations during second quarter
Houston oil field service giant Halliburton made a small profit during the second quarter but missed Wall Street expectations amid nearly $250 million of impairments and a slow recovery in the North American hydraulic fracturing...
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LNG Limited moving headquaters to Houston, getting listed on Nasdaq
LNG Limited is moving its headquaters to Houston and getting listed on the Nasdaq stock exchange. Source: FuelFix
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U.K. seeks to calm tensions with Iran after tanker seizure
The U.K. sought to lower tensions after Iran seized a British oil tanker in the Strait of Hormuz on Friday, an incident that increased friction in one of the world’s critical energy chokepoints. Source: FuelFix
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