Archive for the ‘ConocoPhillips’ Category
BLM issues drilling permit for ConocoPhillips project within NPR-A
November 2nd, 2015 by Latest News
The US Bureau of Land Management approved a drilling permit and offered a right-of-way grant for ConocoPhillips Alaska Inc.’s proposed Greater Mooses Tooth Unit within the National Petroleum Reserve-Alaska.
Capital spending, revisited
September 21st, 2015 by Latest News
A double-dip in oil prices over the past few months has dashed hopes raised in May that prices would hold steady at $60/bbl.
Net income for the OGJ150 group plummeted 17.48% in 2014 to $73.98 billion. This was the worst performance in dollar terms for annual profits for the OGJ group since 2010.
Northwest Territories, NEB assess potential of Canol shale oil reservoir on Mackenzie plain
August 12th, 2015 by Latest News
The Devonian Canol shale in Canada’s Northwest Territories holds an estimated 145 billion bbl of oil in place while the thinner Bluefish shale contains an estimated 45 billion bbl OIP, Canada’s National Energy Board and Northwest Territories jointly said.
ConocoPhillips plans further capex reduction for deepwater exploration
July 16th, 2015 by Latest News
ConocoPhillips reported plans to further reduce its capital expenditures for deepwater exploration, with the “most significant reductions” coming from its operated program in the Gulf of Mexico. The company did not specify by how much capex would be decreased, however.
Producers working in the South Texas Eagle Ford shale had built an inventory of nearly 1,400 drilled but uncompleted wells (DUC) as of Apr. 10, and IHS researchers said DUCs provide an economic strategy during the oil price downturn for many operators.
ConocoPhillips Chairman and Chief Executive Officer Ryan Lance told IHS CERAWeek that ConocoPhillips is prepared for oil-price swings going forward, and it has positioned itself to ramp up its core US unconventional investments when it appears feasible.
CERAWeek: Murkowski to introduce bill this year to lift oil export ban
April 27th, 2015 by Latest News
US Sen. Lisa Murkowski (R-Alas.) told IHS CERAWeek in Houston that she plans this year to introduce legislation to repeal the decades-old ban on US exports of crude oil.
CERAWeek: Murkowski to introduce bill this year to lift oil export ban
April 21st, 2015 by Latest News
US Sen. Lisa Murkowski (R-Alas.) told IHS CERAWeek in Houston that she plans this year to introduce legislation to repeal the decades-old ban on US exports of crude oil.
MARKET WATCH: NYMEX crude oil climbs modestly on reduced storage concerns
April 21st, 2015 by Latest News
Crude oil prices for May delivery climbed modestly on the New York market Apr. 20, which analysts attributed to reports of reduced concerns for now about high US oil storage levels. The Brent crude oil price settled Apr. 20 on the London market unchang…