In this Episode of Oil & Gas This Week – More tech talk as the industry continues to rely more on tech innovation, ExxonMobil doubles profits but still falls short of expectations, Chevron posts some massive earnings this quarter, US Shale is beginning to slash capex as oil prices continue to stay low, Europes biggest refinery shut down after massive fire, GOP senators express support for new Outercontinental Shelf Program.
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XTO President Credits Technology For Success
Oil and Gas Innovation Goes Well Beyond Fracking
Oilfield Rush to High-Tech Helps Smaller Companies Thrive
Exxon Mobil shares drop 2% as profits double, but still fall short of Street expectations
Chevron posts $1.5 billion in second-quarter earnings, higher cash flow
U.S. Shale Slashes Capex As Low Oil Prices Bite
Europe’s Biggest Oil Refinery Shut Down After Fire
Weekly Rig Count
As of 7/28/2017 – The American Rig count is 1019 active rigs.
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