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PETRO BLOG

PETRO BLOG

2019 Oil and Gas Exploration Off to Flying Start

Credit: Andreas Exarheas, Rigzone Oil and gas exploration is off to a flying start in 2019, according to independent energy research and business intelligence company Rystad Energy. Global discoveries of conventional resources in the first quarter reached 3.2 billion barrels of oil equivalent (boe), Rystad revealed Monday in a statement sent to Rigzone. Most of the
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After Billion-Barrel Bonanza, BP Goes Global With Seismic Tech

Credit: Ron Bousso, Reuters Buoyed by the success of seismic imaging that found an extra billion barrels of oil in the Gulf of Mexico, BP is looking to take its latest technology to Angola and Brazil. The software used in the Gulf, based on an algorithm created by Xukai Shen, a geophysicist straight out of
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How 3D Seismic Imaging Revolutionized the Drilling Industry

Credit: Dome Energy The oilfield industry over the past several years has been making vast leaps in drilling efficiency. These gains are not only tallied through advances in casing, drill string or cutting technologies but also through the unsung technologies that have been recently employed and of them, 3D seismic imaging has seen the greatest returns on
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Gas Find in North Sea Hailed as ‘Biggest in a Decade’

Credit: Kevin Keane, BBC A significant gas discovery in the central North Sea is being described as the biggest find in more than a decade. Chinese state-owned company CNOOC said it made the gas discovery – equivalent to 250 million barrels of oil – in its Glengorm project, east of Aberdeen. Further appraisal work is
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Edinburgh Oil Firm Sees Exploration Potential in North Sea

Credit: Mark Williamson, The Herald CAIRN Energy chief executive Simon Thomson has said problems suffered with a big field off Shetland have not dented the firm’s enthusiasm for the North Sea where it sees the potential to make big finds. Bosses of Edinburgh-based Cairn faced a grilling about the Kraken field east of Shetland at the
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North Sea Oil: A Resurgent Benchmark Basin

Credit: The Intercontinental Exchange Crude oil from the North Sea forms the basis for global oil prices and is the foundation of the Brent crude oil price. The durability of this price benchmark comes from its ability to reflect global market conditions and its seaborne capacity which means it can be transported to anywhere in
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Phone: 1-469-828-3900
Email: ir@petroriveroil.com

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Send us a Message

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WE WOULD LOVE TO HEAR FROM YOU

Petro River Oil (NYC)
55 Fifth Avenue, Suite 1702
New York, NY 10003

Petro River Oil (Houston, TX)
4582 Kingwood Drive Suite E, Box 521
Kingwood, TX 77345

Phone: 1-469-828-3900
Email: ir@petroriveroil.com

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© COPYRIGHT 2018 PETRO RIVER OIL CORP.