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Suncor Energy Deploys First Autonomous Haul Trucks in the Oil Sands

Suncor announced it will proceed with the phased implementation of autonomous haulage systems (AHS) at company-operated mines, starting with the North Steepbank mine. Over the next six years, the company expects to deploy more than 150 autonomous haul trucks in the full program, which will be one of the largest investments in electric autonomous vehicles in the world. Following thorough ...

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ExxonMobil to Triple Permian Production by 2025

ExxonMobil announced that it plans to triple total daily production to more than 600,000 oil-equivalent barrels by 2025 from its operations in the Permian Basin in West Texas and New Mexico. Tight oil production from the Delaware and Midland basins will increase five-fold in the same period. Recent changes in the U.S. corporate tax rate create an environment for increased ...

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Chevron Discovers Oil Reserves in the Deepwater Gulf of Mexico

Chevron Corporation announced a significant oil discovery at the Ballymore prospect in the deepwater U.S. Gulf of Mexico. Ballymore is located in the Mississippi Canyon area of the U.S. Gulf of Mexico, approximately three miles from Chevron’s Blind Faith platform, in water depth of 6,536 feet. The initial Ballymore well reached total measured depth of 29,194 feet and encountered more ...

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DUG returns, New Name and Attitude in Energy

The name DUG Rockies makes a comeback as Hart Energy adds new plays and  regions to the agenda for its annual DUG conference in Denver April 24-25 in the Colorado Convention Center. The 2018 DUG Rockies  program will feature speakers from Hess Corporation, Oasis Petroleum and Whiting Petroleum — and expand its focus beyond the Bakken and DJ basin developments ...

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GTUIT Hits Million Barrel Milestone

GTUIT®, LLC announced that the company has recovered more than one million barrels of natural gas liquids (NGLs) from oil producing wellsites that would have otherwise been combusted in a flare stack. GTUIT designed, built, and operated all the mobile associated natural gas processing units responsible for achieving the million barrel milestone. Brian Cebull, President and CEO, commented “We thank ...

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January 12: Rig count and oil price both climb

oil rig, rig count, Baker Hughes

Baker Hughes, a GE Company, reported the North America Rotary Rig Count for January 12, 2018 increased by 15 this week. The rig count included an increase of 2 offshore rigs and 13 inland rigs exploring for oil and gas. Of those 15, 10 are exploring for oil, while 5 rigs are searching for natural gas. Breakout information by Baker ...

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ONEOK to invest $1.4B in natural gas infrastructure

ONEOK, Inc. announced plans to invest approximately $1.4 billion to construct a new pipeline, and related infrastructure, to transport natural gas liquids (NGLs) from the Rocky Mountain region to the company’s existing Mid-Continent NGL facilities. The Elk Creek Pipeline – an approximately 900-mile, 20-inch diameter pipeline that is expected to be completed by the end of 2019 – will have ...

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ND Governor Challenges Bakken Oil Companies: Produce 2-Million-Barrels-a-Day

This is installment one of a five-part series investigating North Dakota Governor Doug Burgum’s year-end address to the energy industry.  By Jason Spiess, The Crude Life Media Network Tis’ the season for annual meetings and North Dakota Governor Doug Burgum caught many people’s attention with his public speech that was making the rounds. Burgum took full advantage of his invitation ...

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