West Texas crude system expanding northward

Medallion Pipeline Co., Irving, Tex., is proceeding with construction of the Howard Lateral and partial expansion of its Wolfcamp Connector crude oil gathering system east of Midland, Tex. Source: News


Documents filed for Bear Head LNG gas link

Bear Paw Pipeline Corp. Inc. has filed environmental documents with Nova Scotian authorities for a pipeline linking the proposed Bear Head LNG export plant at Point Tupper, NS, with the North American natural gas network. Source: News


EIA: Costs of US oil, gas wells have declined since 2012

Average well drilling and completion costs in five key onshore areas in the US evaluated in 2015 were between 25% and 30% below their level in 2012, when costs per well were at their highest point over the past decade, according to the US Energy Information Agency’s recent study, Trends in US Oil & Natural […]


Chariot Oil & Gas farms out offshore Moroccan acreage to Eni

Italy’s Eni SPA will enter an agreement to operate a 10,780-sq km area in Morocco’s Rabat Deep Offshore exploration permits I-VI. The company seeks to expand its Atlantic Margin presence in North Africa. Source: News


Chevron terminates contract for Maersk Deliverer

Cabinda Gulf Oil Co. Ltd. (Cabgoc), Chevron Corp.’s affiliate in Angola, has elected to cancel its contract with Maersk Drilling for the dynamically positioned semisubmersible Maersk Deliverer ultradeepwater drilling rig. Source: News


MOL reports another oil, gas discovery in Pakistan

MOL Group reported an 11th hydrocarbon discovery in Pakistan, which makes three discoveries made on Karak block in the country’s Punjab Province. Source: News


BP, Kuwait Petroleum sign framework agreement

BP PLC and state-owned Kuwait Petroleum Corp. (KPC) signed a broad framework agreement for possible opportunities inside and outside Kuwait covering oil, gas, trading, and petrochemicals. Source: News