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On March 29, 2018, our 70528 drilling team officially started drilling the Mobei 903 well in Xinjiang Oilfield. During spring, in order to help the production of Xinjiang oil fields, our company organized the best equipments and resources to participate in the “Chunlei Action” of Xinjiang oilfield exploration and development. Before the commissioning of the rig, the installation time was very short. Plus, before the Spring Festival, it was the coldest season in Xinjiang Oilfield. The minimum temperature was approaching minus 30 degrees once. However, our employees were not hindered by the weather. They were instructed by the Xinjiang Oilfield and cooperated with the rig manufacturer Baoji Machinery Factory. Under the "Winter Operation Procedure", the drilling rig is commissioned ...
发布时间: 2018 - 04 - 10
On March 29, 2018, our 70528 drilling team officially started drilling the Mobei 903 well in Xinjiang Oilfield. During spring, in order to help the production of Xinjiang oil fields, our company organized the best equipments and resources to participate in the “Chunlei Action” of Xinjiang oilfield exploration and development. Before the commissioning of the rig, the installation time was very short. Plus, before the Spring Festival, it was the coldest season in Xinjiang Oilfield. The minimum temperature was approaching minus 30 degrees once. However, our employees were not hindered by the weat...
发布时间: 2018 - 04 - 10
Oil's Heavy Hitters Line Up to Dive Into Mexico's Deep Watersby  Bloomberg|Adam Williams & Sabrina Valle|Friday, January 26, 2018TweetinShare82 The sale will be Mexico's biggest, in terms of fields and expected investment, since Pemex's monopoly ended in 2013. (Bloomberg) -- If you're a super-major oil explorer, Mexico says it's got a bargain for you.The once-giant crude nation whose output plunged in the past decade is enticing the world's richest explorers with cut-rate prices for drilling rights to its most coveted offshore fields. The Jan. 31 auction for access to 29 dee...
发布时间: 2018 - 01 - 29
Oil Rally Stumbles on Fears Hedge Fund Buying Spree Went Too Farby  Bloomberg|Jessica Summers|Tuesday, January 16, 2018TweetinShare5  (Bloomberg) -- Oil reversed course as a record crude-buying spree by hedge funds spurred concern that prices may be due for a correction after hitting three-year highs.Futures in New York slipped 0.9 percent on Tuesday, ending a five-day rally, while prices in London slid to the lowest in a week. Hedge funds last week boosted their bullish bets on crude to record levels, according to the U.S. Commodity Futures Trading Commission and ICE...
发布时间: 2018 - 01 - 17
Global Conventional Discoveries Hit Record Lowby Rigzone Staff|Friday, December 22, 2017TweetinShare60 Global conventional discoveries hit a record low in 2017, coming in at less than seven billion barrels of oil equivalent.Global conventional discoveries hit a record low in 2017, coming in at less than seven billion barrels of oil equivalent (boe), according to Rystad Energy.This was the lowest figure since at least 2012, Rystad highlighted, when 30 billion boe was discovered around the globe. The total volume of global conventional discoveries stood at 16 billion boe in 2013, 15 billio...
发布时间: 2017 - 12 - 26
The project department and commercial department personnel of HOOSL arrived in Kenya in September, and attend the meeting about initializing the projects in Baringo-Silali area with the Company -- Geothermal Development Company. (GDC), the Company’s CEO, technical general manager and business manager attended the meeting. The meeting emphasized the specific details of initializing the project, through consultation, the two parties has reached the following consensus:1.  The meeting begun with welcoming remarks by the chairman followed by brief introduction by members, HOOSL express t...
发布时间: 2017 - 09 - 28
The Math on E&P Stocks Doesn't Add Upby Kevin Holt|Invesco|Friday, September 22, 2017TweetinShare36 CEOs and boards are focusing on the wrong metrics. But if they change their ways, the opportunity could be great.This opinion piece presents the opinions of the author.It does not necessarily reflect the views of Rigzone.In my over twenty years of being in the investment business, I have seen many companies and industries lose their focus and discipline for a variety of reasons. Today, the exploration and production (E&P) sector fits squarely into that category. The compensation pl...
发布时间: 2017 - 09 - 25
BLOG: Why Oil, Gas Needs to Pay Attention to its Workforceby Valerie Jones|Rigzone Staff|Thursday, August 31, 2017TweetinShare121 The oil and gas industry's workforce is telling us how they feel. And we need to listen.If you’ve been reading Rigzone for the past month or so, you know we’ve been publishing the results of our worker exodus survey. And just in case you haven’t been reading Rigzone (shame on you) or need a refresher, we’ve explored:Who has left the oil and gas industryWhere they wentWhat will happen to the industry’s experienced workersHow different regions responded to surve...
发布时间: 2017 - 09 - 01
NEWSSEARCH ARTICLESSUBSCRIBEIt's Been a Bad Month for Some of America's Most-Loved Oil Playsby Bloomberg|Tracy Alloway|Thursday, August 24, 2017TweetinShare51 Assets tied to shale producers, particularly those in America's most-coveted oil field, have fallen this August thanks to concerns about oversupply.(Bloomberg) -- The good news for U.S. producers: the chief executive officer of Europe’s second-biggest oil and gas company thinks American shale assets are “quite expensive” following a recovery in the price of crude. The bad news: they’re growing more affordable.Assets tied to shale p...
发布时间: 2017 - 08 - 25
IEA Cuts Estimates for Crude Needed From OPEC in 2017, 2018by Bloomberg|Grant Smith|Friday, August 11, 2017TweetinShare55 The International Energy Agency cut estimates for the amount of crude needed from OPEC this year and in 2018.(Bloomberg) -- The International Energy Agency cut estimates for the amount of crude needed from OPEC this year and in 2018 after lowering its historical assessments of consumption in some emerging nations.World oil markets are re-balancing as the Organization of Petroleum Exporting Countries and its allies implement production cuts, the IEA said in its monthly...
发布时间: 2017 - 08 - 14
Oil Slides On Worries About Global Crude Glut, Wall St Slumpby Reuters|Julia Simon|Thursday, August 10, 2017TweetinShare NEW YORK, Aug 10 (Reuters) - Oil prices fell more than 1.5 percent on Thursday, as a bruising day on Wall Street bolstered fears of slowing demand amid lingering concerns over a global oversupply of crude.U.S. West Texas Intermediate crude settled down 97 cents or 1.96 percent to $48.59 a barrel. Brent crude futures were down 80 cents or 1.52 percent to $51.90 a barrel.U.S. stock indexes fell sharply on Thursday, with the Dow and the Nasdaq posting triple-digit point d...
发布时间: 2017 - 08 - 11
How to Find the Needle in the Big Data Haystackby Matthew V. Veazey|Rigzone Staff|Thursday, August 03, 2017TweetinShare1 How can your company make better use of the IoT 'data puzzle'?The term "Big Data" refers to increasingly robust sets of data that serve as the "feedstock" for the Internet of Things (IoT). These very large datasets – collected via networked sensors and processed with advanced software – can help refiners, drilling contractors and others in the oil and gas industry detect problems in physical machinery with unprecedented speed and detail. However, th...
发布时间: 2017 - 08 - 04
Oil Up for 7th Day But First-half Drop Biggest Since 1998by Reuters|Julia Simon|Friday, June 30, 2017TweetinShare1 NEW YORK, June 30 (Reuters) - Oil climbed on Friday for a seventh straight session as a decrease in the U.S. rig count and stronger demand data from China lifted depressed prices that still finished the first half with the biggest decline for that period since 1998.U.S. drillers decreased their number of rigs for the first time since January, according to energy services company Baker Hughes. The rig count had risen for the previous 23 weeks.Earlier, Chinese data showed fact...
发布时间: 2017 - 07 - 04
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