BLM revises rule to reduce flaring on federal lands


The Bureau of Land Management is backtracking on an Obama administration rule issued in 2016 intended to reduce gas venting and flaring on federal lands. A revised final rule has been issued in line with Trump administration energy policies.
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Accenture and SAP team up to digitize oil and gas operations


Accenture, a global professional services company, is teaming with SAP to develop a cloud-based solution to digitally transform upstream oil and gas operations. It includes AI, mobility and blockchain capabilities for operations and cash flow.
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OPEC: US shale oil plays major role until 2027


Tight oil produced from the U.S. will drive non-OPEC oil supply increases expected until 2027. In the next 8 years, OPEC expects non-OPEC supply to increase by 9 million barrels per day.
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CME launches new Houston-based WTI futures contract


CME Group and Enterprise Product Partners LP are bringing greater transparency to the pricing and risk associated with West Texas Intermediate crude sourced from the Permian.
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Oryx expansion makes it largest midstream in Delaware Basin


The successful completion of an open season by the operating subsidiaries of Oryx Midstream Services will establish the Midland, Texas, company as the largest private crude midstream company in the Delaware Basin.
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Graco’s automated tech driving major shale oil operations gains


Graco Inc. has invested in bringing efficiencies to the shale fields by streamlining and automating a small, yet crucial aspect many of its clients have to deal with: lubrication of equipment. The company has created an automated system.
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October 3-4, 2018
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