XOM Last 88.27 Change –0.30 % Change 0.34% Volume 4,570,299 As of: 7 Sep 2016 14:24:38 EDT View: Stock Quote | News CVX Last 102.92 Change +0.49 % Change 0.48% Volume 3,054,028 As of: 7 Sep 2016 14:24:38 EDT View: Stock Quote | News COP Last 41.3502 Change +0.3502 % […]
Woodside buys into Scarborough gas field
Woodside Petroleum Ltd., Perth, has purchased a portion of BHP Billiton Ltd.’s interests on the Exmouth Plateau, offshore Western Australia, including the yet-to-be-developed Scarborough gas field, for $400 million. Source: News
Monroe Energy lets contract for Tier 3 project at Trainer refinery
Delta Air Lines Inc. subsidiary Monroe Energy LLC, through a contractor, has let a contract to a subsidiary of Matrix Service Co., Tulsa, for construction services related to the previously announced ultralow-sulfur gasoline (ULSG) project at its 185,000-b/d refinery in Trainer, Pa., near Philadelphia. Source: News
US Gulf Coast service firms resolve federal wage, hour violations
Two US Gulf Coast staffing agencies have agreed to paid 353 workers nearly $516,000 in back wages after US Department of Labor Wage and Hour Division investigators found the firms classified employees incorrectly as independent contractors and mislabeled wages as per-diem reimbursement for expenses never incurred. Source: News
Barclays: Global E&P spending to trend up 5% in 2017
Oil and gas companies are poised to increase spending on exploration and production globally by 5% in 2017, while offshore spending may continue to fall next year, based on Barclays’ midyear global spending survey of more than 200 companies. Source: News
Apache notes new resource play with Alpine High
After 2 years of extensive geologic and geophysical work, Apache Corp. estimates its southern Delaware basin Alpine High play to contain 75 tcf of rich gas and 3 billion bbl of oil in 4,000-5,000 ft of stacked pay in up to five distinct formations including Bone Springs, Wolfcamp, Pennsylvanian, Barnett, and Woodford. Source: News
Devon eyes tighter spacing in STACK play
Devon Energy Corp. sees potential for tighter spacing and increased drilling inventory in the overpressured oil window of Oklahoma’s STACK play, where it is increasing drilling and investment (OGJ Online, Aug. 2, 2016). Source: News
7 Sep 2016 13:06:40 EDT – The latest stock information is now available for your stocks
XOM Last 88.21 Change –0.36 % Change 0.41% Volume 3,798,921 As of: 7 Sep 2016 13:06:40 EDT View: Stock Quote | News CVX Last 102.94 Change +0.51 % Change 0.5% Volume 2,463,715 As of: 7 Sep 2016 13:06:40 EDT View: Stock Quote | News COP Last 41.35 Change +0.35 % […]
Suncor, Fort McKay First Nation sign deal for tank farm
Suncor Energy Inc., Calgary, and Fort McKay First Nation signed a participation agreement for Suncor’s East Tank Farm Development in the Wood Buffalo area of Alberta. Source: News
RIO Pipeline starts up in Delaware basin
Rangeland Energy, Sugar Land, Tex., has started commercial shipments on its RIO Pipeline in the Delaware basin and envisions expansion of the system as demand grows (OGJ Online, Apr. 14, 2016). Source: News