Penn Energy Latest News
U.S. average gasoline prices this Thanksgiving are higher than the previous two years
Thu, 23 Nov 2017 00:45:00 GMT

Heading into the Thanksgiving holiday weekend, U.S. retail regular-grade gasoline averaged $2.57 per gallon (gal), up 41 cents/gal from the same time last year.

Oil Pipeline: Testing finds no oil in ditch near Keystone spill
Thu, 23 Nov 2017 00:15:00 GMT

A South Dakota official says TransCanada Corp.'s testing of water from a drainage ditch next to the Keystone oil pipeline's estimated 210,000-gallon oil spill found no oil.

Eight energy companies commit to reduce methane emissions within natural gas industry
Thu, 23 Nov 2017 00:15:00 GMT

The energy companies also agreed to encourage others across the natural gas value chain – from production to the final consumer – to do the same.

Operational Excellence is delivering ROI, but digitalization holds the key
Thu, 23 Nov 2017 00:00:00 GMT

New survey findings from Petrotechnics, the developer of the hazardous industries’ first operational excellence software platform, reveals that OE remains central to firms’ enterprise-wide strategies and is now delivering tangible results.

MARKET WATCH: NYMEX crude gains before Thanksgiving
Wed, 22 Nov 2017 19:56:00 GMT

Light, sweet crude oil futures gained slightly on Nov. 21 on the New York market in advance of the US Thanksgiving holiday and a Nov. 30 meeting of the Organization of Petroleum Exporting Countries.

Umuroa FPSO secures extension
Wed, 22 Nov 2017 19:00:00 GMT

BW Offshore has received a one-year contract extension for the lease and operation of the FPSO Umuroa.

Lundin finds non-commercial gas in the southern Barents Sea
Wed, 22 Nov 2017 17:51:00 GMT

Lundin Norway AS has completed the drilling of exploration well 7219/12-2 on the Hufsa prospect in PL533 in the southern Barents Sea.

Huisman unveils fiber rope system for ultra-deepwater
Wed, 22 Nov 2017 16:53:00 GMT

Huisman has developed a new system for the application of fiber rope in subsea deployment crane applications.

Electrical tools: Crimp tool introduced
Wed, 22 Nov 2017 16:39:00 GMT

Electrical tools: Platinum Tools announces EZ-RJ45 Crimp Tool. The EXO Crimp Frame with EZ-RJ45 Die is now shipping.


North America intro: High velocity burners
Wed, 22 Nov 2017 14:00:00 GMT
Tempest SE high velocity burners are now available in North America to improve temperature uniformity, product quality, and system efficiency.
Multiphase production systems
Wed, 22 Nov 2017 13:00:00 GMT
This free 16-page brochure describes, illustrates, and diagrams multiphase wellhead, gathering, blow down, and annulus gas systems and units.
Sucker rod couplings, pup joints, rotary shouldered subs, couplings XO crossovers
Wed, 22 Nov 2017 08:00:00 GMT
This full line of oilfield tools is described, illustrated, and specified in this 16-page brochure.
Flotation frac plugs
Wed, 22 Nov 2017 06:15:00 GMT
FFP Flotation Frac Plugs are presented in this free datasheet to help operators float casing/tubing completion to bottom in long laterals.
Oil company news: Officials: Acting Citgo president detained in Venezuela
Wed, 22 Nov 2017 00:30:00 GMT

Venezuelan authorities say they have detained the acting president of Citgo, the state-owned oil company's U.S. subsidiary, for alleged corruption.

Pennsylvania House plows through debate on gas drilling tax
Wed, 22 Nov 2017 00:00:00 GMT

Pennsylvania's House of Representatives is beginning a second day of debate on legislation to impose a long-sought tax on Marcellus Shale natural gas production, as lawmakers sort through dozens of proposed amendments.