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We provide regular updates to keep you informed of new developments within the industries we operate.

 

We also update you on new strides that we make at Mobility Oil and Gas.  

Exploration and Development

Ultra Petroleum tests Pinedale horizontal play in Wyoming (Mon, 11 Dec 2017)
Ultra Petroleum Corp. has produced 1.1 bcf of natural gas equivalent in 30 days from its Warbonnet 9-23-A-1H well, which the operator successfully completed in late October on the East Flank of Wyoming’s Pinedale anticline.
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ExxonMobil makes oil discovery offshore Equatorial Guinea (Mon, 11 Dec 2017)
ExxonMobil Corp. is now assessing potential commerciality at its Avestruz-1 well on Block EG-06 160 km offshore Malabo, Equatorial Guinea. The operator drilled the oil discovery in October but has not released any production data.
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General Interest

EIA STEO: Global liquids supply to rise 2.1 million b/d in 2018 (Wed, 13 Dec 2017)
Production of crude oil from the Organization of Petroleum Exporting Countries averaged 32.5 million b/d in 2017, a 200,000-b/d decrease from 2016 levels, and OPEC oil production will average 32.7 million b/d in 2018, according to the US Energy Information Administration’s latest Short-Term Energy Outlook.
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OPEC production fell in November from October (Wed, 13 Dec 2017)
The Organization of Petroleum Exporting Countries raised its production forecast for non-OPEC oil output, particularly from US unconventional plays for 2017-18. The cartel also said its November oil production, as estimated by secondary sources, averaged 32.45 million b/d, a drop of about 133,000 b/d from October. 
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