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Results 1 - 20 of 101 in Wink, TX

  1. Digitalization can save oil upstream business $73 billion a year: WoodmacRead the original story w/Photo

    Monday Nov 12 | Reuters

    Energy firms could save an annual $73 billion within five years in oil and gas exploration and production by making better use of existing computing technology, energy consultancy Wood Mackenzie said. FILE PHOTO: Horizontal drilling rigs operate in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018.

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  2. UPDATE 1-U.S. drillers add oil rigs for fourth week in five -Baker HughesRead the original story w/Photo

    Friday Nov 9 | Reuters

    U.S. energy firms added oil rigs for a fourth time in the last five, keeping the rig count at its highest in over three years even though crude futures were on track to fall for a fifth week in a row to their lowest level since February. FILE PHOTO - A drilling rig on a lease owned by Oasis Petroleum performs logging operations in the Permian Basin oil and natural gas producing area near Wink, Texas U.S. August 22, 2018.

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  3. Oil rally faces tidal wave of supplyRead the original story w/Photo

    Sunday Nov 4 | Channelnewsasia.com

    The oil market's two-year bull run is running into one of its biggest tests in months, facing a tidal wave of supply and growing worries about economic weakness sapping demand worldwide. FILE PHOTO: A drilling crew uses a mechanical roughneck machine to thread drill pipe together on an oil rig in the Permian Basin near Wink, Texas U.S. August 22, 2018.

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  4. UPDATE 1-U.S. oil drillers cut rigs for first week in four -Baker HughesRead the original story w/Photo

    Friday Nov 2 | Reuters

    The U.S. oil drilling rig count declined this week for the first time in four weeks, although the rig count held close to its highest in over three years as production surges to record highs and some companies forecast even higher output this year. FILE PHOTO: Drill pipe is seen below a drilling rig on a lease owned by Oasis Petroleum in the Permian Basin near Wink, Texas U.S. August 22, 2018.

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  5. US shale producers eye global pricing as exports surgeRead the original story w/Photo

    Friday Oct 26 | Channelnewsasia.com

    Three years after a ban on crude oil exports was lifted, some U.S. shale producers are doing something they have never done before - lock in prices for their barrels that will find a home overseas. FILE PHOTO: Drill pipe is seen below a drilling rig on a lease owned by Oasis Petroleum in the Permian Basin near Wink, Texas U.S. August 22, 2018.

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  6. U.S. shale producers eye global pricing as exports surgeRead the original story w/Photo

    Thursday Oct 25 | Reuters

    Three years after a ban on crude oil exports was lifted, some U.S. shale producers are doing something they have never done before - lock in prices for their barrels that will find a home overseas. FILE PHOTO: Drill pipe is seen below a drilling rig on a lease owned by Oasis Petroleum in the Permian Basin near Wink, Texas U.S. August 22, 2018.

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  7. Blackstone to buy oil services firm Ulterra for $700 mln -sourcesRead the original story w/Photo

    Sunday Oct 21 | Reuters

    Blackstone Group has agreed a deal to acquire Ulterra Drilling Technologies, a manufacturer of drill bits and downhole tools for the oil and gas industry, for around $700 million, two sources familiar with the matter said. FILE PHOTO: A drilling crew member raises drill pipe onto the drilling rig floor on an oil rig in the Permian Basin near Wink, Texas U.S. August 22, 2018.

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  8. US oil service firms face tough quarter despite high crude pricesRead the original story w/Photo

    Oct 17, 2018 | Channelnewsasia.com

    Even as crude prices hover near four-year highs, U.S. oilfield service firms' third-quarter results due out in coming days will reflect a shaky recovery, as their customers face drilling constraints and pressure to hold down spending. FILE PHOTO: A drilling crew member raises drill pipe onto the drilling rig floor on an oil rig in the Permian Basin near Wink, Texas U.S. August 22, 2018.

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  9. U.S. oil service firms face tough quarter despite high crude pricesRead the original story w/Photo

    Oct 17, 2018 | Reuters

    Even as crude prices hover near four-year highs, U.S. oilfield service firms' third-quarter results due out in coming days will reflect a shaky recovery, as their customers face drilling constraints and pressure to hold down spending. FILE PHOTO: A drilling crew member raises drill pipe onto the drilling rig floor on an oil rig in the Permian Basin near Wink, Texas U.S. August 22, 2018.

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  10. UPDATE 1-U.S. oil drillers cut rigs for third week in a row -Baker HughesRead the original story w/Photo

    Oct 5, 2018 | Reuters

    The U.S. oil drilling rig count fell for a third consecutive week even though crude prices hit four-year highs this week, as rising costs and pipeline bottlenecks in the nation's largest oil field have hindered new drilling since June. Discarded drill pipe thread protectors are seen on a drilling rig in the Permian Basin near Wink, Texas U.S. August 22, 2018.

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  11. UPDATE 9-Oil gains 1 pct on signs OPEC not prepared to boost outputRead the original story w/Photo

    Sep 18, 2018 | Reuters

    Oil futures rose more than 1 percent on Tuesday on signs that OPEC would not be prepared to raise output to address shrinking supplies from Iran, and as Saudi Arabia signaled an informal target near current levels. FILE PHOTO: A pump jack operates in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018.

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  12. Trump administration to ease rule on methane leaks on public landRead the original story w/Photo

    Sep 18, 2018 | Reuters

    The Trump Administration on Tuesday rolled back an Obama-era rule on emissions of the greenhouse gas methane from oil and gas operations on public lands in its latest step to ease regulations on the industry. FILE PHOTO: Drill pipe is seen on a drilling site in the Permian Basin oil and natural gas production area near Wink, Texas U.S. August 22, 2018.

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  13. UPDATE 4-Oil rises on signs OPEC not prepared to boost outputRead the original story w/Photo

    Sep 18, 2018 | Reuters

    Oil firmed on Tuesday on signs that OPEC would not be prepared to raise output to address shrinking supplies from Iran and as Saudi Arabia signaled it was in no rush to bring prices down. FILE PHOTO: A pump jack operates in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018.

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  14. UPDATE 1-Global oil demand to top 100 mln bpd but outlook may cloudRead the original story w/Photo

    Sep 13, 2018 | Reuters

    World oil consumption will top 100 million barrels per day in the next three months, putting upward pressure on prices, although emerging market crises and trade disputes could dent this demand, the International Energy Agency said on Thursday. FILE PHOTO: A pump jack operates in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018.

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  15. Trump's EPA proposes weaker methane rules for oil and gas wellsRead the original story w/Photo

    Sep 11, 2018 | Reuters

    ... FILE PHOTO: Drill pipe is seen on a drilling site in the Permian Basin oil and natural gas production area near Wink, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo The proposal is the latest move by the Trump administration to roll back ...

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  16. UPDATE 9-Oil prices steady as equity markets weigh, geopolitics supportRead the original story w/Photo

    Sep 7, 2018 | Reuters

    Oil prices fell on Friday for the third straight session, weighed down by a strong dollar, weakness in the equity markets, and Tropical Storm Gordon's smaller-than-expected impact on U.S. Gulf Coast oil production. A drilling rig on a lease owned by Oasis Petroleum performs logging operations in the Permian Basin oil and natural gas producing area near Wink, Texas U.S. August 22, 2018.

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  17. UPDATE 3-Oil steady as U.S. crude inventories fall, but trade tensions weighRead the original story w/Photo

    Sep 7, 2018 | Reuters

    Oil prices held steady on Friday as a fall in U.S. crude inventories to the lowest levels since 2015 supported the market, although Sino-U.S. trade tensions and economic weakness from emerging markets remained a concern. A drilling rig on a lease owned by Oasis Petroleum performs logging operations in the Permian Basin oil and natural gas producing area near Wink, Texas U.S. August 22, 2018.

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  18. U.S. drillers add oil rigs for the first time in three weeks-Baker HughesRead the original story w/Photo

    Aug 31, 2018 | Reuters

    U.S. energy companies added oil rigs for the first time in three weeks, energy services firm Baker Hughes reported on Friday, while the rig count inched up this month as drilling steadied over the last three months. A drilling rig on a lease owned by Oasis Petroleum performs logging operations in the Permian Basin oil and natural gas producing area near Wink, Texas U.S. August 22, 2018.

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  19. UPDATE 5-Oil touches seven-week highs after signs of tighter supplyRead the original story w/Photo

    Aug 28, 2018 | Reuters

    Oil prices fell on Tuesday as some investors took profits on recent strong gains, but losses were limited the day after a U.S.-Mexico trade agreement eased worries about tensions between the two countries. FILE PHOTO: A pump jack operates in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018.

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  20. UPDATE 4-Oil rises to seven-week highs on signs of tighter supplyRead the original story w/Photo

    Aug 28, 2018 | Reuters

    The oil price rose towards its highest since early July on Tuesday, thanks to evidence of still-modest increases in output from OPEC and improving Chinese refining demand. FILE PHOTO: A pump jack operates in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018.

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