Mark Simpson

6,690 Flips | 27 Magazines | 460 Likes | 768 Following | 919 Followers | @MSimpson63 | Geoscientist, Apple, Podcasts, Saltdomeologist near The Woodlands, TX #Homeschool #FlipboardChat @msimpson63 Best viewed thru app on a tablet device.

Exxon’s Massive Oil Discovery Off Guyana Just Got Even Bigger

6:30 PM 07/24/2018<p>Exxon Mobil has discovered even more oil off the coast of Guyana, a major breakthrough for a U.S. energy company that has …

Oil & Gas Industry

Worldwide Oil & Gas

MARKET WATCH: Oil prices swing up, down on US-Iran tensions<p>25/07/2018<p>Light, sweet crude oil prices fluctuated between gains and losses on the New …

Oil

Is The Oil Industry Repeating A Critical Error

Ten years ago this week—July 11, 2008 to be exact—the price of a barrel of oil on the New York Mercantile Exchange hit an intraday high of $147.27, …

Chart of the day: In 2017, US had largest decline in CO2 emissions in the world for 9th time this century

2. <b>Declines in CO2 emissions in 2017 were led by the US</b> (-0.5% and 42 million tons, see chart above). This is the ninth time in this century that the …

Venezuela: The Key To Oil Prices

The world is accelerating into an energy crisis, and in this article, I explore the country that has played a leading role: Venezuela.<p>Venezuela Oil …

Fossil of 'first giant' dinosaur discovered in Argentina

<b>They are the biggest animals to have walked the Earth, with some weighing as much as a space shuttle.</b><p>However, it is unclear how dinosaurs grew to such massive proportions.<p>A new dinosaur discovery from Argentina gives fresh evidence on the rise of the giants.<p>The animal used a novel strategy to …

Dinosaurs

Sichuan Shale and the Chinese Appetite

The People’s Republic of China has set for itself a target of producing 30 billion cubic meters (bcm) per year of natural gas from shale by 2020, and …

US and Russia duel over production dominance

Fuelled by shale gains, US output has risen rapidly, now outstripping Russia’s production; but Moscow won’t accept the shift lying down

Oil patch has fastest-rising rent in U.S.

Want to rent an apartment near the biggest U.S. oil patch? It’ll cost you.

Permian Pinch Spurs a Pipeline Binge, and Fears of Overbuild

The pipeline crunch threatening the world’s hottest shale play won’t be solved until at least the back half of next year. But then, the floodgates …

Factbox: Anatomy of Saudi Arabia?s crude oil capabilities | S&P Global Platts

London — OPEC's largest oil producer is turning its taps on after 16 months of curbing output.<p>Not registered?<p>Receive daily email alerts, subscriber …

The Last American Wildcatter

On the top floor of a converted 14-story hotel in Enid, Okla. A wildcatter is dealing with the downturn. Despite a 70% drop in the price of oil since July, Harold Hamm, the 63-year-old chief executive of<p>Continental Resources, is still a believer. "You can find oil if you have the will to look for …

Dual tectonic-climatic controls on salt giant deposition in the Santos Basin, offshore Brazil | Geosphere

Worldwide Oil & Gas

Saudis' biggest oil surge in five years barely steadies OPEC output<p>03/07/2018<p>LONDON (Bloomberg) -- Saudi Arabia’s biggest oil-production surge in …

GeoTwitter presents #SaltSaturday Enjoy the beauty of Geology. A selection of Tweets from June 30th, 2018 #evaporites #saltstratigraphy #salttectonics #dissolution #geology #geotwitter #science #collaboration #diversity #integration #geoscience Follow #TeamSaltSaturday for more https://t.co/gXb0fqb4Eq

A scale model of a salt dome! Hoping to get this cleaned up and installed near labs. Lovely. #SaltSaturday https://t.co/0Ozg7uq6rb

Move over OPEC, America is the new king of oil

U.S. oil production is booming and oil exports are following. In its latest weekly update, the U.S. Energy Information Administration (EIA) also reported that oil refining hit its highest level on record last week.<p>The EIA report comes after U.S. crude exports surged to a record 1.76 million barrels …

Geosteering Software, Formations, and Service Company Lists

GEOSTEERING SOFTWARE, FORMATIONS, & SERVICES<p>Last updated: June 26, 2018.<p>GEOSTEERING SOFTWARE PROVIDER LIST<p>Listed below are 24 geosteering computer …

Saudi Aramco, National Oilwell Varco form JV to make drilling equipment

Saudi Aramco says it signed a deal with National Oilwell Varco (NOV +0.7%) to form a joint venture to make onshore rigs and equipment in Saudi Arabia.<p>…

A Threat to Shale’s Dominance Emerges 200 Miles off the Gulf Coast

Platform supply vessel "Kobe Chouest" anchored alongside Chevron's Jack/St. Malo deep-water oil platform in the Gulf of Mexico.<p>Photographer: Luke …

Scientists Fear 'Slow Earthquakes' Will Lead To The Next Big California Quake

The next big California earthquake has concerned scientists and California residents for decades. Now, recent research points to the regular occurrence of “slow earthquakes” as increasing the risk of a magnitude 7 or greater earthquake.<p>The San Andreas fault is one of the most closely watched and …

Trump Lights a Fire Under Oil the Saudis Can't Douse

President Trump didn't disappoint. His lack of concern about the likely collateral damage from re-imposing sanctions on Iran meant that the latest curbs on the country's oil exports were always likely to be much tougher than the originals.<p>The U.S. is pressing allies to completely halt their …

Oil

EIA now publishes petroleum export data by U.S. region of origin and destination country

(Tue, 26 Jun 2018) Starting with the May 2018 release of the <em>Petroleum Supply Monthly</em>, EIA now publishes U.S. petroleum export data by …

GE Exits Health, Oil as CEO Shrinks Onetime Titan to Save It

This is John Flannery’s General Electric Co. -- and so far, Wall Street likes it.<p>A year after being named chief executive officer, Flannery took the …

Iran says three OPEC members to veto Saudi-proposed supply boost

Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production that’s backed by Saudi Arabia and Russia when OPEC and …

For the past 20 years or so, we have been capitalising on waves of digital technology; each successive one advancing and extending its scope across the upstream, with increasing effect

Today, our vision is to be the leading digital upstream business.<p>We are building the Connected Upstream® to deliver this vision, combining our deep …

Brazil reaps reforms rewards

Efforts to recalibrate oil concession rules to be more market-friendly and open to foreign investment are starting to bear fruit

EIA expects Brent crude prices will average $71 per barrel in 2018, $68 per barrel in 2019

(Fri, 15 Jun 2018) In the June 2018 update of its <em>Short-Term Energy Outlook</em> (STEO), EIA forecasts Brent crude oil prices will average $71 …

Hawaii's Erupting Volcano Is Making It Rain Green Gems (Updated)

The green crystals, called olivine, are coming from the continuing eruption of Kilauea.<p><b>Update 6/15:</b> Olivine is not raining down on Hawaii from the Kilauea eruption—at least not in the way that the photos circulating on social media suggest. Geologists from the University of Hawaii and USGS say the …

Geology

NYSE trader: Expect OPEC to raise oil production by as much as 1 million barrels of crude per day

Alan Valdes of Silverbear Capital joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves …