Sentences with phrase «of oil recovery»

• Work to optimize the production of oil and gas through the proper placement, enhancement and production of oil recovery techniques.

Above: diagram of the oil recovery + CO2 sequestration process employed by the Petra Nova project.

Look at the hard realities of changes and increasing costs of oil recovery and of oil prices.

For example, mature fields to be tendered soon have a great approach for Mexican companies, which also use these techniques, since the maximizing of the oil recovery factor is priority.»

Not exact matches

«We are climbing very, very slowly out of a very tough period for the industry,» said BP Plc CEO Bob Dudley.Less predictive were ministers betting on a quicker recovery for oil and the wider energy industry.

Investment bank Jefferies called current prices unsustainable and said production declines across most of the important non-OPEC producers is likely to set the stage for an oil price recovery in the second half of this year.

The Anglo - Dutch oil major, whose acquisition of BG Group transformed it into the world's top liquefied natural gas producer, has been under pressure from shareholders to cut annual spending to ensure it can maintain its dividend given the slow recovery in the oil prices.

«The good news of this recovery this year is that the outlook is positive for both oil - importing countries and oil - exporting countries,» Jihad Azour, director of the Middle East and Central Asia Department at the IMF, told CNBC's Hadley Gamble on Monday.

The deal, when announced last autumn, was predicated on a recovery in the oil price to $ 60 per barrel by 2019, an increase that now seems less likely with a glut of crude still circling the globe and keeping prices below $ 50.

Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.

«According to the most recent assessment, the steady oil price recovery since summer 2017 and renewed interest in growth opportunities has led to oil majors catching up in terms of exploration activity this year, both in the shale industry and offshore deep water,» OPEC said.

Citation Resources has appointed KordaMentha as voluntary administrators, while the oil and gas company continues to pursue recovery of funds through a civil action against former director Peter Landau.

«Don't just take a punt on the oil price, because the path of recovery is going to have its ups and downs.»

The oil price recovery to more than $ US60 a barrel appears to be accelerating one of the biggest corporate shuffles ever by a Western Australian company, with Seven Group getting ready to consolidate ownership of the oilfields of South Australia.

After the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, the Obama administration teamed up with the X-Prize Foundation to offer a $ 1.4 million prize to the group that produced the most efficient oil - recovery solution.

He added it's «inconceivable» that the oilsands can be fully exploited under Canada's global climate commitments and called for a transparent assessment of the potential benefits of relaxing Alberta's oil recovery requirements.

Russian markets, in recovery mode following a deep recession after the global oil price collapse in 2015, have been ravaged since Friday over fears of U.S. sanctions.

It has been a long road to recovery, but this is one part of the world that has been a net beneficiary of falling oil and commodity prices.»

LONDON, May 1 - BP's profits surged in the first three months of the year to their highest since mid-2014, driven by a recovery in oil and gas prices and rapid growth in production.

General Electric reported that just a 1 percent improvement in oil recovery was worth 80 billion additional barrels per year — the equivalent of billions of dollars in additional revenue.

BP beat analyst expectations on Tuesday, as higher crude prices and rising production levels helped to fast - track a recovery in one of Europe's largest oil and gas companies.

A recovery in commodity prices was due primarily to rising prices for oil and natural gas and was thus a strong positive for exporters of those commodities.

This and the partial recovery of oil prices into the mid - $ 60 per barrel range gave expensive oil another day to survive and fight.

And though economic recovery has begun, Albertans still feel the scars of the deep recession and oil - price plunge.

Oil prices will probably fall in the second half of 2015 as the ongoing production surplus and weak demand overcome the sentiment - based belief that a price recovery is already underway.

And unless that economy started to wean itself off an ever - depleting supply of affordable oil, there would be other recessions to follow as economic recoveries would simply push oil prices right back into triple - digit range.

The International Energy Agency that previously warned of lower for longer oil prices and warned last year that the oil price recovery was threatened by the possibility of weak demand now has changed its tune and is now saying that it is «mission accomplished» for OPEC as oil stocks shrink at a record pace.

The Company is not focused on acquisitions of properties that include Enhanced Oil Recovery («EOR») projects or properties that are located in the Gulf of Mexico, Gulf Coast, or International plays.

Miswin Mahesh, oil analyst at Barclays, agreed that a gradual recovery for oil markets was «still in place as non-OPEC supply reduces» and predicted that prices would not fall below $ 30 a barrel due to the lack of a deal.

The reason efficiency is declining is due to decline in oil reservoir quality the world over as the best reserves of this finite resource were produced first and more recent production is more energy - intensive using enhanced oil recovery techniques.

«It has taken 18 months to start to rebalance the oil market with falling non-OPEC production in a variety of countries and demand showing signs of recovery which means we are getting there, we're getting to a new equilibrium.»

The per well estimated ultimate recovery (EUR) in the Kersey Area is 490 thousand barrels of oil equivalent («MBoe») for a standard reach lateral («SRL»)(~ 4,200»), 800 MBoe for a mid-reach lateral («MRL»)(~ 6,900») and 1,100 MBoe for an extended reach lateral («XRL»)(~ 9,500»).

Up until now the banks and financial firms have been able to hold off marking to market in hopes of a recovery in the price of oil.

Canada has made up much of the ground it lost to the U.S. recovery after oil price collapsed in 2014, but there's still some way to go.

Of the other MINTs: Indonesia is in a stable recovery, but the importance of commodities like coal and palm oil means it will not return to previous growth levels soon; Nigeria's economy remains overdependent on oil, though Phylaktis sees its «fast - growing population and labor force feeding faster economic growth over the medium term»; and while «Turkey has a lot of potential,» Lau says, «its political and economic management is questionable and casts a shadow over the economy.&raquOf the other MINTs: Indonesia is in a stable recovery, but the importance of commodities like coal and palm oil means it will not return to previous growth levels soon; Nigeria's economy remains overdependent on oil, though Phylaktis sees its «fast - growing population and labor force feeding faster economic growth over the medium term»; and while «Turkey has a lot of potential,» Lau says, «its political and economic management is questionable and casts a shadow over the economy.&raquof commodities like coal and palm oil means it will not return to previous growth levels soon; Nigeria's economy remains overdependent on oil, though Phylaktis sees its «fast - growing population and labor force feeding faster economic growth over the medium term»; and while «Turkey has a lot of potential,» Lau says, «its political and economic management is questionable and casts a shadow over the economy.&raquof potential,» Lau says, «its political and economic management is questionable and casts a shadow over the economy.»

Depressed oil prices could cripple the domestic energy revolution, which has been the backbone of the US recovery.

The report said a price recovery is expected to cause the most pain among companies drilling in the United States, who rely mostly on hydraulic fracturing, which isn't profitable unless the average global price of oil is around $ 60 per barrel.

Rising petrol prices have stalled BP's recovery from the Gulf of Mexico oil spill despite early signs of recovery in the eyes...

The second cyclical factor that has had a major impact on our exports and business investment is the protracted recovery of the US economy — the slowest in the postwar period.10 When oil and other commodity prices rose in the years before the 2014 oil price shock, so did our dollar, making our non-commodity exports to the United States less competitive and reinforcing the ongoing shift from manufacturing to services.

A recovery scheme centered on its vast supply of oil is only natural.

Immediately after the announcement of the Iranian nuclear deal was announced, oil prices declined about $ 1 per barrel for a short period only to enter into a recovery rally for the rest of the trading session.

The recent brief recovery in oil prices has pushed up the goods component of the CPI, but service price inflation, which tends to lag somewhat, has not yet come down.

The recent improvement in the outlook for world growth and the recovery in the prices of oil, gold and base metals, three sectors that comprise almost half of total mining investment, have contributed to an improvement in the mining sector's perceptions of business conditions and expected profitability.

What differentiates Pulse from its peers is the massive upside from its miscible flood Enhanced Oil Recovery (EOR) project of its two Nisku Pinnacle Reefs at Bigoray (100 % W.I.).

We also like Pulse Oil Corp. (PUL: TSX.V) for its massive upside from a miscible flood enhanced oil recovery (EOR) program of its two, 100 % - owned Nisku Pinnacle ReeOil Corp. (PUL: TSX.V) for its massive upside from a miscible flood enhanced oil recovery (EOR) program of its two, 100 % - owned Nisku Pinnacle Reeoil recovery (EOR) program of its two, 100 % - owned Nisku Pinnacle Reefs.

I will continue to hold until I see signs of rapid adoption of Enhanced Oil Recovery techniques, a pickup in deepwater drilling, or the stock hits my target.

Looking forward, inflation is likely to remain low for a variety of reasons, including the modest recovery, constrained wages and the fact that the recent rally in oil may not have much further to go.

Over the next few years, the combination of the operational improvements and oil market recovery should lead to substantial earnings at Weatherford.

Based on her knowledge, JJ used high doses of fish oil to restore his health, and the story of his recovery was featured on CNN.

[12] Film to be Made of Father's Recovery from Alzheimer's with Coconut Oil: http://healthimpactnews.com/2013/film-to-be-made-of-fathers-recovery-from-alzheimers-with-coconut-oil/