Infinity Energy | Blog

Louisiana Makes Major Headlines as BP Strikes Gold in the Gulf

Posted by Infinity Energy on Jan 9, 2019 6:41:57 PM

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On Tuesday, January 8, 2019, BP came forth with major news. Using new and advanced seismic monitoring technology, they have discovered over 1 billion barrels of oil in the Gulf off the tip of Louisiana at Thunder Horse field. The news didn't stop there. BP claims they will also invest $1.3 billion dollars into the Atlantis offshore field just south of New Orleans. 

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Topics: Oil and Gas Industry News, Technology

What Are The Three Primary Methods Of Well Stimulation?

Posted by Infinity Energy on Oct 30, 2018 12:35:37 PM

Well stimulation is generally accomplished through three primary methods: explosives, acid injection, and hydraulic fracturing. Hydraulic fracturing is currently the most popular as it has proven to be more effective, efficient, and safer than older methods. However, all three methods are often used.

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Topics: Oil and Gas Industry News, Technology

The Gulf Is Set To Soar! Breaking Oil Production Records

Posted by Infinity Energy on Sep 1, 2018 2:31:38 PM

While Texas alone is on track to becoming one of the world’s three leading oil producers, records are being shattered in other sectors of U.S. oil production. The Gulf of Mexico is set to soar past a previous oil production record set in 2009. Energy consultancy Wood Mackenzie has made bold predictions for 2018 production totals if everything stays on course.

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Topics: Oil and Gas Industry News, Technology

Is the Next Big Oil Boom Actually Water?

Posted by Infinity Energy on Aug 24, 2018 5:49:35 AM

Investors see fortunes to be made in the U.S.’s hottest oil field—by speculating in water, not crude.

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Topics: Oil and Gas Industry News, Technology

New Technology in Controlling Corrosion in the Oilfield

Posted by Infinity Energy on Aug 15, 2018 7:24:16 AM

As long as there has been an oil industry, there have been corrosion and erosion. Upstream, midstream and downstream operators have constantly sought better ways to protect their assets and safeguard both health and safety and the bottom line.

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Topics: Oil and Gas Industry News, Products, Technology

Big Oil Is Raking in Cash So Investors are Asking: Now What?

Posted by Infinity Energy on Aug 7, 2018 12:45:26 PM

The dark storm clouds that have been hanging over the oil industry during the crude-price slump have suddenly started raining cash.

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Topics: Oil and Gas Industry News

America's Oil  Boom Is Spreading Across The Country

Posted by Infinity Energy on Jul 23, 2018 7:36:19 AM

The Permian Basin, home to more than 40 percent of all active U.S. drilling rigs, continues to receive most of the credit for the rapid growth of U.S. oil production; meanwhile, the Marcellus Shale receives the lion’s share of credit for ongoing record-setting levels of domestic natural gas production.  But a series of recent information releases demonstrate that the oil and gas boom is spreading into other plays across the nation.

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Topics: Oil and Gas Industry News

Oil and Gas M&A To Surge In Late 2018

Posted by Infinity Energy on Jul 16, 2018 5:51:51 AM

Oil and gas mergers and acquisitions are expected to surge with upwards of $50 billion in new U.S. deals for the rest of the year following a spring lull, according to a new report.

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Topics: Oil and Gas Industry News

Oil is sowing the seeds for a 'super-spike' in crude prices above $150

Posted by Infinity Energy on Jul 8, 2018 8:28:01 AM

Oil prices could top all-time highs near $150 a barrel because energy companies are investing too little money in new production, Bernstein Research said Friday.

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Topics: Oil and Gas Industry News

Trump Pressures Saudi Arabia to Increase Oil Production

Posted by Infinity Energy on Jun 30, 2018 1:25:31 PM

President Trump said on Saturday that King Salman of Saudi Arabia has agreed to up its oil production by as much as “2,000,000 barrels” to help bring down prices after instability in Iran and Venezuela.

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Topics: Oil and Gas Industry News

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