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Daily Oil & Gas and Wall Street Journal News
9/22/19 Oil Prices Up for the Week An exciting week for WTI and Brent crude oil future has come to an end. US Drillers Lose 18 Oil, Gas Rigs The U.S. lost a net total of 18 oil and gas rigs this week. Bahamas Terminal Returns to Full Ops Buckeye Partners reported that it has resumed full operations at its Buckeye Bahamas Hub. Permian Child Wells May Cut Oil Recovery By 20 Percent Oil producers drilling so-called parent-child wells in the Permian Basin are risking the loss of 15% to 20% of the crude that can ultimately be recovered from those wells by spacing them too close together. More Haynesville Gas Headed to Gulf Coast Enterprise Products Partners will expand and extend its Acadian natural gas pipeline system linking the Haynesville Shale to the LNG market in South Louisiana. McDermott May Sell Lummus McDermott is considering selling all or part of its Lummus Technology business. Aramco Reveals Damage to Giant Oil Field Saudi Aramco revealed damage caused by an aerial strike on its Khurais oil field last weekend. Volatile Market Expected to Continue in 2H The oil and gas market is expected to continue to be volatile in the second half of 2019, Petronas notes. Texas Coast Reels from Flooding The remnants of Tropical Storm Imelda lashed Houston and coastal Texas, inundating homes, paralyzing travelers, disrupting oil supplies and threatening hospitals and refineries. Risk of Further Saudi Attacks High The risk of further high-impact attacks against Saudi energy infrastructure is high, according to Verisk Maplecroft.
Wall Street Journal
Commercial News 9/22/19 WSJ.com: US Business This Company Has Filed 10,000 Appeals to Trump's Tariffs Oil Companies, Pushed to Address Climate, Disagree on How Deere Turns to U.S. After Growth Stalls Overseas Uber, Lyft Drivers Torn as California Law Could Reclassify Them The War for Talent in the Age of Netflix Powell's Subtle Messaging to Trump on Trade Fight Pace of Growth Slowed for U.S. Household Net Worth in Second Quarter |
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