Reddit » Oil
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This subreddit is a place to talk about Oil, gas, seismic science, engineering, and cool pictures of rigs. Also, discuss exploration, recoverable assets, and pipelines here.
Reddit » Oil
13h ago
https://preview.redd.it/zylswwa9124d1.png?width=2204&format=png&auto=webp&s=36c91e0e615add7f5b5c1168842fc506bfa691d1
According to this chart, we have matched oil consumption with oil production. If that's the case, then why has oil price doubled in the past few years?
submitted by /u/Careful-Article-7236
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Reddit » Oil
4d ago
ConocoPhillips agreed to acquire Marathon Oil Corp. in a $22.5 billion all-stock deal, extending a major buying spree in the US oil and gas industry. The move expands ConocoPhillips’ footprint in domestic shale fields from Texas to North Dakota and hands the company reserves as far afield as Equatorial Guinea. It adds to a wave of recent megadeals as producers seek new drilling sites on a bet that oil and gas demand will remain robust for years to come. The takeover agreement represents a 14.7% premium to the last closing share price of Marathon, the companies said in a statement Wednesda ..read more
Reddit » Oil
5d ago
Contains oil from Thistle A platform in the North sea.
submitted by /u/RonaldsonMcDonaldson
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Reddit » Oil
1w ago
Hi ! Does anyone know NA-based companies that specialize in groundwater management, including site characterization, risk assessment, and state-of-the-art remediation practices and technologies ?
submitted by /u/Mysterious_Dress5602
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Reddit » Oil
1w ago
Not really sure how to word this. My siblings and I inherited my family's ancestral farmland. It predates me, I've never even been up there, but I guess the grandparents wanted to keep it.
My older brother wants to keep it forever. Partially due to nostalgia reasons, he's old enough to remember it, but also due to money potential.
I guess it's like 5 miles from whatever the cut off zone is for the Bakken oil field in ND. Brother thinks those boundaries will expand in the next ten years or so, and it will be worth a lot.
Does that happen? I'd figure it would be reflected in what the estate val ..read more