Article 441
Average gasoline price in Houston slips again

Average gasoline prices in the Houston area fell 2 cents a gallon over the last week, the website GasBuddy reported. Prices slipped to an average of $2.17 a gallon on Sunday, down 11 cents from a month ago, but up 15 cents from the same day a year earlier, said GasBuddy, which tracks gasoline prices ...

Commentary: Offshore sector not dead yet

By Julie Wilson News of the demise of the offshore industry may be premature. Production from offshore continues to rise: it’s 12 percent  higher than it was six years ago, and will be 10 percent  higher again in another six years, reaching over 503 million barrels of oil equivalent ...

Gasoline prices slide as demand, crude prices weaken

Average gasoline prices fell nearly 4 cents a gallon in Greater Houston over the past week, a surprising decline at a time of the year when prices rises, according to GasBuddy.com, a website that tracks gas prices and refining actitiviy. Locally, prices average $2.21 cents  a gallon, Gas Buddy. ...

Landlocked Oklahoma wants a piece of Mexico’s offshore industry

By Lydia DePillis Not every middle-of-the-country state can be a player in Mexico’s developing offshore oil industry, but if anyone has a chance, it’s Oklahoma.  The landlocked state has a native oil industry and a number of companies with expertise in onshore technology that can be transferred ...

OTC Commentary: How digital technology is transforming oil

By Ahmed Hashmi Fourteen years ago, at its 2003 annual energy conference here in Houston, Cambridge Energy Research Associates (CERA) presented a bold vision of how digital technology might transform the world of oil and gas production. “The industry,” it declared, “is standing on the crest of the d ...

OTC Commentary: Collaboration could help deepwater stay competitive

By Stephen P. Thurston As thousands of people descend on Houston next week for the Offshore Technology Conference 2017, one of the questions on their minds will be: Can complex, deepwater projects compete for capital in a world where shale offers lower development costs and shorter production c ...

At OTC, even the fashion models are nerds

Model Irena Shyshkena poses at the Offshore Technology Conference (OTC 2017) Wednesday, May 3, 2017, in Houston. ( Steve Gonzales / Houston Chronicle ) By Lydia DePillis Those wandering the aisles of the Offshore Technology Conference might notice female staff at various booths that look just a litt ...

OTC Commentary: Big data comes to deepwater drilling

By Matthew Franchek An unexpected equipment failure can affect offshore producers much the way an unexpected closure of Interstate 10 affects Houston drivers. Everything comes to a stop. For drivers, that means lost time. For offshore operators, lost time means less money to the bottom line. That’s ...

OTC Commentary: Expanding offshore access is critical for energy security

By Erik Milito Last week marked the 100-day milestone for the Trump administration, and the White House is making steady progress on pledges to remove roadblocks to oil and natural gas development. At the heart of executive orders aimed at scaling back regulatory overreach, expanding offshore access ...

OTC commentary:  Improving offshore economics

By Jeremy Thigpen As the offshore energy industry navigates the most severe downturn in decades, we are encouraged by the collaborative and innovative approaches we have witnessed to improve the economics of deepwater and ultra-deepwater drilling and production. Beyond the traditional push for lower ...

More