Oil Patch Asia goes to the library
Here are Oil Patch Asia‘s picks of the best reads about the oil and gas industry: Titan: The Life of John D. Rockefeller, Sr. by Ron Chernow John D. Rockefeller, Sr.–history’s first billionaire and...
View ArticleTop Ten Most Profitable Oil Companies
Total company profits for the year 2012: 1. ExxonMobil | $44,880,000,000 2. Gazprom | $38,086,200,000 3. Royal Dutch Shell | $26,592,000,000 4. Chevron | $26,179,000,000 5. China National Petroleum...
View ArticleTop Ten Highest Producing Oil Fields
The highest producing oil fields by barrels a day: 1. Ghawar Field, 5,000,000 b/d Saudi Arabia Discovered: 1948 2. Oseberg, 3,780,000 b/d Norway Discovered: 1979 3. Bolivar Coastal Field, 2,600,000 b/d...
View ArticleTop Ten Largest Oil Companies by Reserves
The top ten largest oil companies based on their 2012 reserves are: 1. Saudi Aramco | 260,000,000,000 bbl 2. National Iranian Oil Company | 138,000,000,000 bbl 3. Iraq National Oil Company |...
View ArticleThe 5 things you need to know about Platts OPEC survey
Platts has released their new survey on the Organization of the Petroleum Exporting Countries (OPEC) crude production levels through September 2013. The following are the highlights from their report:...
View ArticleThe 9 most amazing facts about John D. Rockefeller
John D. Rockefeller and his Standard Oil have dominated both the industrial and philanthropic landscapes of the modern era. Here are the nine most fascinating things about his life and legacy: 1. He is...
View ArticleTop Ten Longest Oil Pipelines
The top ten longest oil and gas pipelines: 1. West-East Pipeline | 5,410 miles Starts: Xinjiang, China Ends: Shanghai, China 2. GASUN Pipeline | 3,100 miles Starts: Mato Grosso do Sul, Brazil Ends:...
View ArticleTop Ten Biggest Oil Spills in History
The top ten biggest oil spills of all time: 1. Gulf War Oil Spill | 325,000,000 gallons When Iraqi forces retreated from Kuwait during the first Gulf War, they opened the valves of oil wells and...
View ArticleThe ten biggest oil and gas finds of 2013
Anish Kapadia of Tudor, Pickering & Holt monitored 400 exploration wells drilled in 2013. He estimates that 20 billion barrels of conventional oil (and equivalent natural gas) were discovered last...
View ArticleThe ten highest U.S. rental costs for a one bedroom apartment
Rental costs in Williston, North Dakota — at the center of the Bakken shale boom — are higher than those in New York or Los Angeles. Apartment Guide, an online website for apartment hunters, said...
View ArticleTop ten countries with technically recoverable shale oil reserves
The U.S. Energy Information Administration issued a report in June 2013 assessing 147 shale formations in 42 countries. Based on the report, here are the top ten countries with technically recoverable...
View ArticleThe Five Best Oil and Gas Company Twitter Accounts
1. Chevron Handle: @Chevron Followers: 174,000 Why we like it: For being one of the biggest companies on the planet, the folks behind @Chevron have been able to maintain a sense of humor. They also...
View ArticleThe Five Worst Oil and Gas Company Twitter Accounts
1. Devon Energy Handle: @Devonenergy Followers: 7,179 What’s wrong? Over 7,000 followers and not a single tweet. 2. PetroChina Handle: @Chinapetro Followers: 939 What’s wrong? Looks like they got...
View ArticleEleven perfect quotes about the oil industry
1. “The meek shall inherit the earth, but not its mineral rights.” – J. Paul Getty 2. “Don’t blame the marketing department. The buck stops with the chief executive.” – John D. Rockefeller 3....
View ArticleTop ten highest paying oil and gas contract jobs
The demand, and salaries, for skilled oil and gas workers is on the rise, according to staffing firm Swift Resources Worldwide Swift Resources released a list of the top ten highest paid contract jobs...
View ArticleThe Top Ten Stories That Defined 2014
1. U.S. production climbs, oil prices drop to five year lows A perfect storm of high production and low demand sent oil prices crashing by over 40 percent in the last half of the year. While OPEC’s...
View ArticleFive largest offshore oil projects to start up in 2014
1. Chevron Jack/St.Malo, U.S. Gulf of Mexico. Peak production of 170,000 barrels per day. Oil and gas production kicked off on December 3 at the Chevron operated Jack/St. Malo deepwater project in the...
View ArticleWeatherford layoffs: The 6 things you need to know
1. Cutting 10,000 jobs Weatherford raised its headcount reduction target to 10,000 positions, up from the 8,000 previously announced, with the bulk of the cuts coming from North America. 2. Closing...
View ArticleKoch brothers still top list of richest U.S. oil barons
If it’s good to be king than it’s even better to be a Koch. The famous billionaire brothers won the top spots yet again on Wealth-X’s wealthiest U.S. oil tycoon list. David Koch, 75, took the top spot...
View ArticleU.S. is global natural gas king and other amazing 2014 energy facts
Energy producers may be anxious to put last year’s rockiness behind them, but 2014 saw some interesting shifts in global energy and production trends. BP highlighted some amazing energy facts from 2014...
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