Bakerhughes

Home

Join us at the upcoming 5th Opportunity Crudes Conference



PDVSA ups crude exports to US in May. 2016-06-24

Exports of Venezuelan crude to the US rose 3.7% in May from April levels to 762K b/d, marking the first month-on-month increase in Venezuelan crude exports to the US this year due. The decline in exports that started...

→More Opportunity Crudes

Rystad: plenty of wells are waiting to be fracked. 2016-06-24

Accord to Rystad Energy's latest analysis, there are about 3.9K drilled but uncompleted (DUC) horizontal oil wells in the US, with more than 90% of them in the country's biggest liquids plays. Rystad estimates that there...

→More Shale plays


Heavy crude OSPs soar into summer. 2016-06-08

Official Selling Prices (OSPs) for select heavy grades were set significantly higher for June, largely up for the third straight month. The outright prices for Indonesian Duri also climbed during April...

→More Crude Prices

New Products

Integration of Delayed Coker and Hydrocracker

In order to reduce fuel oil, natural gas, and fuel gas consumption along with a reduction in CO2 emissions, some refiners are...Read more

Futures prices


Prices below are settled prices at the end of yesterday or last trading day

Popular Articles:

Oilsands to continue expanding, defying expectations. 2016-06-23

Canadian wildfires cost oilsands dearly. 2016-06-22

Suncor's MacKay operation gets stuck. 2016-06-21

Bankruptcies leading proven shale reserves to disappear. 2016-06-23

US shale to continue to wane in July. 2016-06-22

Peru to get a taste of US crude 2016-06-21

US coking, cracking margins up for second straight month. 2016-06-08

Coking and cracking margins on the Gulf Coast and in the Midcontinent strengthened for the second month...

→More Coking Margins

White papers

Increased blending is both a blessing and a curse. Part 2

As discussed in Part 1 of this paper published earlier, declining crude prices encourage more spot purchases...


Market Insights

OPEC unity correlates with crude price

Once again, OPEC members have decided against an output ceiling, choosing instead to prioritize market share over crude prices that may be outside their ability to influence anyway. In contrast to the Dec. meeting six months ago, when tempers flared as Saudi Arabia......Read more


Trends and Statistics

Tight oil and gas reserves and production for North America (not including US).

As shown in Table 1b, the recoverable resources and current production of tight oil and shale gas in the......Read more



Unit revamps
  • Gazprom Neft completes modernization of AR deep conversion complex. The Russian firm has announced that it has completed a RUB 6B ...More
  • L&T Oman wins EPC contract for Sohar coke facility. Larsen & Toubro Oman has announced that ...More
  • KBR to license ROSE technology to Shell refinery. Royal Dutch Shell will license a ROSE® ...more

New Products
  • Clariant's SCAVTREAT® is designed to remove H2S in heavy fuel oil and bitumen (asphalt) to meet safety and environmental requirements. For more information, visit here

  • Criterion markets a Sentry Guard Portfolio: Maxtrap to protect feed poisons and OptiTrap to control reactor fouling. For more information, visit here

  • Modcon's newly redesigned MOD-4100 crude analyzer is capable real-time measurements of crude density, salt concentration, the Total Acidic Number (TAN), H2S content, viscosity and water level. For more information, visit here

  • Owlstone's Lonestar™ allows rapid detection and quantification of H2S, methanol, organic chlorides in crude oil. For more information, visit here

  • Crude Quality Inc. provides services to oil producers, shippers and refiners via consultation, expert witness, contamination testing, assay evaluation, and hydrocarbon testing. For more information, visit here