Driver shortage slowing oil, gas extraction
When the price of oil collapsed in 2014 and disrupted drilling operations all across Texas’s massive Permian Basin shale formation, truckers were among those hardest hit. Rendered unnecessary by the s…
Tagged: Oil-Field
Oil and gas firms plan leaner projects worldwide
Wood Mackenzie (WoodMac) About 30 upstream oil and gas projects are expected to be approved around the world this year, similar to 2017, as operators stay focused on less capital-intensive projects wi…
Oil & Gas Exploration to Draw $811 billion, Data Firm Predicts
More than $811 billion will be spent on 615 upcoming oil and gas fields between 2018 and 2025 according to data and analytics company GlobalData. Globally, capital expenditure (capex) into conventiona…
Fracking Expected to Bring Oil-Field Record
Fracking & Oil-Field Poised to Break Records This spring America’s oil companies are expected to produce a record 10 million barrels of American crude a day, largely due to another record that is…
