To the surprise of many outsiders, Iranian oil production has roared back since the easing of international sanctions in January. Source: News

A recent surge in the US rig count has included double-digit increases in 7 of the last 12 weeks. Source: News

The amount of natural gas flared at oil production sites worldwide has increased in the past 5 years, reversing a previous reduction trend, the Global Gas Flaring Reduction Partnership (GGFR) reported. Source: News

Shares of federal revenue and royalties from oil and gas operations on public land and offshore should continue to go directly to states and counties and not be reduced to offset cuts elsewhere in the federal budget, western US governors said in a policy resolution adopted during their recently concluded winter meeting in San Diego. […]

Anadarko Petroleum Corp. encountered more than 210 ft of net oil pay in multiple Miocene-aged reservoirs with the Warrior exploration well, which was drilled 3 miles from the company’s K2 field in the Gulf of Mexico on Green Canyon Block 562. Source: News

Questerre Energy Corp.’s 04-16-63-6W6M (04-16 well), drilled in June with a 2,200-m lateral, has produced 2,110 boe/d consisting of 6.18 MMcfd and 1,081 b/d of condensate during 746 hr of production testing. The well flowed 1,458 boe/d (4.4 MMcfd of gas and 723 b/d of condensate) from Montney during the last 24 hr of the […]

Lucid Energy Group LLC, Dallas, has completed part of the ongoing, planned expansion of its gas gathering and processing capacity in the Delaware basin of Eddy and Lea counties, NM. Source: News

Phillips 66 reported that its Freeport LPG export terminal in Freeport, Tex., is fully operational after the loading of its first contracted cargo. The Commander, a very large gas carrier, departed the terminal on Dec. 16. Source: News