ExxonMobil to buy Bass family’s Permian assets for up to $6.6 billion
HOUSTON, Jan. 17 01/17/2017 By Matt Zborowski OGJ Assistant Editor ExxonMobil Corp. has agreed to acquire companies primarily focused on New Mexico’s Delaware basin from... Read More
BHI: Yearend US rig count continues to climb
HOUSTON, Dec. 30 12/30/2016 By OGJ editors The US rig count increased yet again this week, jumping 5 units to reach a total of 658 during the... Read More
Chevron’s Salt Lake City refinery plans alkylation unit revamp
HOUSTON, Oct. 4 10/04/2016 By Robert Brelsford OGJ Downstream Technology Editor Chevron Corp. is planning to convert the existing 4,500-b/d hydrofluoric acid (HF) alkylation unit at its 53,000-b/d... Read More
BHI: Another Permian rise not enough to prevent US rig count decline
HOUSTON, Aug. 26 08/26/2016 By Matt Zborowski OGJ Staff Writer The US drilling rig count decreased during the week ended Aug. 26 for just the second time... Read More
MARKET WATCH: NYMEX oil price for September approaches $46/bbl
08/16/2016 By Paula Dittrick OGJ Upstream Technology Editor The light, sweet crude oil price for September delivery climbed $1.25 on the New York market Aug. 15 to $45.74/bbl, marking... Read More