North America ///

Hilcorp employees in line for $75,000 bonuses after meeting multi-year goals

Oil driller Hilcorp Energy Co. is lavishing $75,000 bonuses on employees as reward for reaching multi-year expansion and production goals.

U.S. won’t share Europe’s natural gas woes this year, says gas pipeline chief

Americans should have enough natural gas to keep homes warm and factories running, avoiding the kind of shortages that are crippling Europe and Asia, even if the coming winter gets particularly cold.

Pioneer CEO says Biden needs to “back off” anti-oil policies

President Joe Biden should “back off” from domestic anti-oil policies if he wants to keep crude prices in check, according to one of America’s biggest shale drillers.

Oil inventory at Cushing crude hub nears critically low levels

Stockpiles at the biggest U.S. crude depot are quickly approaching critically low levels. The last time that happened, crude cost more than $100 a barrel.

Flare combustion monitoring system for upstream flares

Chong Tao, Lei Sui

A novel flare combustion efficiency monitoring method has been developed, using parametric modeling based on existing experimental data and computational fluid dynamic calculations. This method can be deployed to upstream flare systems to achieve maintenance-free real-time monitoring.

Energy Workforce & Technology Council elects Board of Directors

The Energy Workforce & Technology Council elected new officers and industry leaders during its Annual Meeting, held in Santa Ana Pueblo, NM.

ConocoPhillips puts its Williston basin assets on the market

ConocoPhillips is marketing its Williston Basin oil assets for a potential sale, according to people with knowledge of the matter.

Oilfield service sector added jobs for fifth straight month in July

America’s energy technology and services sector added an estimated 6,082 jobs in July, a fifth straight month of growth, according to preliminary data from the Bureau of Labor Statistics and analysis by the Energy Workforce & Technology Council.

EIA forecasts lower U.S. natural gas inventories this winter

Above-average withdrawals of natural gas from storage in the 2020–2021 winter heating season and below-average injections into storage this summer contributed to a forecast of below-average inventories of natural gas in the U.S., along with relatively flat dry natural gas production and high natural gas exports.

U.S. shale drilling will lose pace this year, says Baker Hughes

Shale drilling in North America is going to slow down in the second half of the year from its breakneck pace as explorers cling to promises of austerity, according to Baker Hughes.

Halliburton projects ‘multi-year upcycle’ in oilfield services spending

“The positive activity momentum we see in North America and international markets today, combined with our expectations for future customer demand, gives us conviction for an unfolding multi-year upcycle,” CEO Jeff Miller said.

Refinery once key to New York’s fuel supply ordered shut

The Environmental Protection Agency ordered the shutdown of a U.S. Virgin Island refinery that historically was positioned as a key fuel source for the East Coast due to public health concerns.

Enbridge says Great Lakes oil pipeline will keep running

Enbridge Inc. said it will continue to ship crude through its Line 5 pipeline that crosses the Great Lakes, despite Michigan Governor Gretchen Whitmer’s deadline Wednesday to shut the conduit.

Gasoline prices hit $3 as shortages grow on U.S. pipeline outage

U.S. average gasoline prices exceeded $3 a gallon for the first time in more than six years amid growing shortages of fuel across the South and East while Colonial Pipeline remains out of action due to a cyberattack.

Ransomware attack shuts down biggest U.S. gasoline pipeline

The operator of the biggest gasoline pipeline in the U.S. shut down operations late Friday following a ransomware attack that threatens to roil energy markets and upend the supply of gas and diesel to the East Coast.

U.S. LNG players tout carbon capture in bid to boost green image

U.S. LNG developers seeking to burnish their green credentials and boost their competitiveness on a crowded global stage are touting a costly and largely untested technology: carbon capture.

Registration open for EWTC’s Annual Meeting

The Energy Workforce & Technology Council’s 2021 Annual Meeting is set for September 15-17 in Santa Ana Pueblo, New Mexico, and registration is open now.

Oil Sands Pipeline wins bid to hide insurers from activists

Trans Mountain Pipeline LP’s effort to keep its insurers’ names confidential was accepted by regulators in a setback for environmental groups fighting to prevent development of the Canadian oil sands.

CRES says Republican Congressional Climate Task Force is a win for America

Citizens for Responsible Energy Solutions Executive Director Heather Reams commended the formation of a Republican climate task force in Congress.

Oxy CEO says U.S. oil production will never see pre-pandemic levels

America’s oil production will never again reach the record 13 million barrels a day set earlier this year, just before the pandemic devastated global demand, according to Occidental Petroleum Corp.

Schlumberger sells its frac operations to Liberty Oilfield Services for 37% equity stake

Liberty Oilfield Services Inc. and Schlumberger announced an agreement for the contribution of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada, including its pressure pumping, pumpdown perforating, and Permian frac sand businesses to Liberty, in exchange for a 37% equity interest in the combined company.