Archive for the ‘Drilling Production’ Category
Members split along party lines on May 16 as a US House Natural Resources Committee subcommittee considered whether US above-ground and underwater supplies are protected adequately from potentially damaging leaks or spills from onshore oil and gas expl…
Total production in Canada’s Montney play will likely reach 10 bcfd of natural gas equivalent this year, an increase of 16% from 2018, and is forecasted to reach 20 bcfed by 2030, driven by rising liquids yield across various sub-plays, according to Wo…
ExxonMobil Corp.’s development of Permian basin resources in New Mexico will generate $64 billion in net economic benefits for the state and local communities over the next 40 years, according to a study conducted for ExxonMobil by Impact Data Source.
Crude oil benchmarks gained on markets in New York and London for a third consecutive trading session May 16 with light, sweet crude marking its biggest single-session gain in 3 weeks as the June contract closed above $62.80/bbl and the July contract c…
Lukoil claims record for Baltic Sea well
May 16th, 2019 by Latest News
Lukoil claimed a Baltic Sea length record for one of two extended-reach wells drilled this year from an onshore cluster pad to develop offshore D41 oil field.
Contract let for offshore Mexico gas production
May 16th, 2019 by Latest News
MODEC of Japan has let a contract to MAN Energy Solutions to supply six compressor trains for a floating production, storage, and offloading vessel in the Gulf of Mexico as part of development of the Eni SPA subsidiary’s Eni Mexico S. de RL de CV-opera…
The US Environmental Protection Agency issued a draft study on how the agency, states, Indian tribes, and other stakeholders manage wastewater from onshore oil and gas extraction. The undertaking will leverage expertise from those groups to identify ch…
US Rep. Diana DeGette (D-Colo.) introduced a bill aimed at limiting methane emissions from oil and gas operations on May 14. “If we’re going to be serious about fixing the climate crisis, we have to be serious about curbing the release of methane into …
In its latest monthly Oil Market Report, the International Energy Agency said the global oil market remains calm despite the ongoing geopolitical supply concerns. The geopolitical supply concerns around Libya, Iran, and Venezuela have been joined in th…
Jadestone complete Stag oil field infill well
May 14th, 2019 by Latest News
Jadestone Energy Inc., Singapore, has reported the completion of its infill drilling program in Stag oil field in the Carnarvon basin offshore Western Australia.