OILMAN Magazine
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OILMAN is a leading oil and gas business magazine covering industry news, products, technology, software, exploration, production and oil prices.
OILMAN Magazine
2d ago
Dr. Scott Tinker, Director, Bureau of Economic Geology, The University of Texas at Austin, talks about the challenges we face in addressing the multiple and varied needs of energy markets throughout the world and how we need to better understand all the vectors involved if we are going to succeed ..read more
OILMAN Magazine
2d ago
Retail gasoline prices are more than $1 per gallon lower this Memorial Day weekend than last year, and AAA expects more traffic on the highways. AAA expects 6% more Memorial Day weekend road trips in 2023 than in 2022. Even though U.S. retail gasoline prices are lower than in 2022, prices ..read more
OILMAN Magazine
4d ago
Poor balance between work and life combined with little recognition exacerbate exhaustion Fifty percent of oil and gas workers are finding their work exhausting with 39 percent feeling emotionally frustrated. These are the findings from O.C. Tanner’s 2023 Global Culture Report which collected and analyzed the perspectives of over 36,000 ..read more
OILMAN Magazine
4d ago
Software Provider Reflects on More Than Two Decades of Transforming the Business of Energy Through Technology, Plans Ahead for Next 25 Years to Net-Zero Targets HOUSTON – Quorum Software (Quorum), a global software leader dedicated to the energy industry, has reached the milestone of its 25th year in business, reflecting on ..read more
OILMAN Magazine
6d ago
The financial fortunes of the Texas state government have tended to flourish with the state’s ever-growing oil and gas industry. Furthermore, the initial discovery of oil at Spindletop in 1901 induced the said journey of exponential growth. It seemed to be a never-ending one. A Budget Surplus of $32.7 Billion ..read more
OILMAN Magazine
1w ago
IT infrastructure is the backbone responsible for the digitalization of any industry, including oil and gas. Currently, Infrastructure as a Code (IaC) is gaining a lot of attention in the IT world, as it allows IT infrastructure to be defined, deployed, and managed rapidly and reliably at scale. Terraform, an ..read more
OILMAN Magazine
2w ago
Gasoline and diesel prices are declining, and in many locations in Texas, gasoline is below $3 per gallon and diesel is under $4. The Energy Information Administration (EIA), the data collection agency at the U.S. Department of Energy, and AAA, an industry organization that monitors fuel prices at the retail ..read more
OILMAN Magazine
3w ago
Natural gas production in the U.S. has increased for 23 consecutive months as electric power distribution and liquefied natural gas (LNG) exports continued to rise. The Energy Information Administration (EIA) stated this week that U.S. dry natural gas production in February averaged 101.5 billion cubic feet per day (Bcf/d), which ..read more
OILMAN Magazine
3w ago
Houston, TX – Trendsetter Engineering Inc. is pleased to announce that they have been awarded a contract to provide Chevron Mediterranean Limited (CML) with an order of TC2 and TC16 Connection Systems along with multiple subsea manifold structures to assist in their Tamar expansion project. The equipment is slated for ..read more
OILMAN Magazine
3w ago
Denver – Phoenix Capital Group Holdings, LLC, a leading oil and gas mineral rights acquisition and non-operated working interest enterprise, is excited to announce it has launched a new scholarship program. The Phoenix Capital Group Scholarship was created to help empower students pursuing a career in the oil and gas industry. The scholarship ..read more