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ID#20190825 - Oil and gas production is a complex process that involves several stages, from exploration and drilling to refining and distribution. The following is a general overview of the oil and gas production flow: Exploration, Drilling, Production, Transport, Refining, Distribution. This is a general overview of the oil and gas production flow. The specific details of the process may vary, depending on the location and type of resources being extracted. Nevertheless, the overall goal of the process is to extract, refine, and distribute oil and gas products to meet the energy needs of society. #oilandgas #focusonsuccess #WhiteboardIdeas

🛢️ 𝗡𝗲𝘄𝘀 𝘀𝘁𝗼𝗿𝘆 | 𝗧𝗲𝘅𝗮𝘀 𝗼𝗶𝗹, 𝗴𝗮𝘀 𝗱𝗿𝗶𝗹𝗹𝗶𝗻𝗴 𝗽𝗲𝗿𝗺𝗶𝘁𝘀 𝘀𝗹𝗶𝗱𝗲 𝗯𝘆 𝟯𝟯𝗽𝗰 𝗶𝗻 𝗠𝗮𝗿𝗰𝗵 | 𝗔𝗿𝗴𝘂𝘀 𝗠𝗲𝗱𝗶𝗮 Texas drilling permits for oil and natural gas fell in March by 33pc from a year earlier on declines across all major producing regions. There were 669 permits issued in March for drilling oil, drilling gas, or drilling for both oil and gas across the state, according to the Texas Railroad Commission (RRC), down from 999 in the same month last year. Permits ticked higher from the 659 recorded in February. By Brett Holmes: https://okt.to/E3FP8o Argus services cover refined oil products from around the world using transparent and market-appropriate methodologies. Find out more: https://okt.to/pgoKsY #ArgusMedia #oilindustry #oilandgas #naturalgas

New geothermal companies are adapting drilling technology and oil and gas industry practices to create reservoirs from hot rock.

Offshore Oil Discoveries Thrive. Analysts and energy industry executives are sounding the alarm about underinvestments in oil and gas exploration. This has been going on for years, and it is a recipe for shortages down the road. But despite the industry as a whole spending less money on exploration and drilling only where it is virtually certain it would hit oil, exploration continues—especially offshore. In 2023, oil and gas companies operating in the Gulf of Mexico announced eight new discoveries in the deepwater section of the area, Offshore Magazine reported earlier… http://ow.ly/4uBF105k9V7

🛢️ 𝗡𝗲𝘄𝘀 𝘀𝘁𝗼𝗿𝘆 | 𝗧𝗲𝘅𝗮𝘀 𝗼𝗶𝗹, 𝗴𝗮𝘀 𝗱𝗿𝗶𝗹𝗹𝗶𝗻𝗴 𝗽𝗲𝗿𝗺𝗶𝘁𝘀 𝘀𝗹𝗶𝗱𝗲 𝗯𝘆 𝟯𝟯𝗽𝗰 𝗶𝗻 𝗠𝗮𝗿𝗰𝗵 | 𝗔𝗿𝗴𝘂𝘀 𝗠𝗲𝗱𝗶𝗮 Texas drilling permits for oil and natural gas fell in March by 33pc from a year earlier on declines across all major producing regions. There were 669 permits issued in March for drilling oil, drilling gas, or drilling for both oil and gas across the state, according to the Texas Railroad Commission (RRC), down from 999 in the same month last year. Permits ticked higher from the 659 recorded in February. By Brett Holmes: https://okt.to/Y9jw1B Argus services cover refined oil products from around the world using transparent and market-appropriate methodologies. Find out more: https://okt.to/PBsd63 #ArgusMedia #oilindustry #oilandgas #naturalgas

Storage Terminals Magazine: Perenco succeeds in drilling, discovery of three new wells for onshore Colombia To view article please click here: https://hubs.ly/Q02V2BXN0 Does your company have news to share with the industry? Please contact: marketing@storageterminalsmag.com and we will be happy to assist. #storageterminalsmagazine #tankstorage #oil #chemicals #tankterminals #bulkliquids #tanks #storagetanks #storageterminals #liquids #storageterminalsmag #news

Our 2023 Energy Pick of the Year, $14M capped Global Oil & Gas (ASX:GLV) just announced details of an existing, historical DISCOVERY on their license. Usually a gas discovery takes years of work and at least a few expensive drilling events. This shallow offshore discovery has already flowed gas to surface for an extended period of time (60 days back in the 1980’s). It has a “best estimate” 404 billion cubic feet of gas (Bcf) CONTINGENT resource (100% basis). Read more Below 👇 https://bit.ly/3veDpZc Disc: 35,045,000 GLV Shares & 11,925,000 GLV Options Held

Offshore Oil Discoveries Thrive. Analysts and energy industry executives are sounding the alarm about underinvestments in oil and gas exploration. This has been going on for years, and it is a recipe for shortages down the road. But despite the industry as a whole spending less money on exploration and drilling only where it is virtually certain it would hit oil, exploration continues—especially offshore. In 2023, oil and gas companies operating in the Gulf of Mexico announced eight new discoveries in the deepwater section of the area, Offshore Magazine reported earlier… http://ow.ly/4uBF105k9V7

Friday upstream Drilling Report (5.17.24) reported 604 active rigs operating in U.S. oil and gas basins, an increase of one over the last week. Upstream energy is not drilling for unattractive financial returns. Remember, low prices cure low prices! Product prices are slowly increasing, especially natural gas. We're still weeks away from the start of the Summer Cooling season (July 4 through August 31). Natural gas buyers are looking at future supply and demand. We are in a natural gas contango market. Keep busy....the future is promising. Natural gas is the clean green affordable energy.

New Mexico is evaluating new oil and gas drilling restrictions that have the potential to impact production and revenue in the coming years, according to a new study released this week by New https://lnkd.in/efpenvFt