Salt Creek Midstream LLC has entered into a letter of intent with Noble Midstream Partners LP to form a 50-50 partnership on a crude oil pipeline and gathering system in the southern Delaware basin. Source: News

US demand for natural gas is projected to reach an all-time high this winter, but soaring production will ably satisfy demand, resulting in flat pressure on prices compared to last winter, the Natural Gas Supply Association (NGSA) said in its 18th annual Winter Outlook forecast of the wholesale winter natural gas market. Source: News

President-elect Andres Manuel Lopez Obrador of Mexico has assured oil and gas executives he will honor existing contracts, according to the chief executive of a Canadian company specializing in onshore Mexican operations. Source: News

Light, sweet crude oil prices for November and December delivery declined slightly but each contract settled above $75/bbl on the New York market Oct. 2, staying near 4-year highs as did Brent crude oil. Brent for December and January dropped but held above $84/bbl. Source: News

US crude oil inventories, excluding the Strategic Petroleum Reserve, increased by 8 million bbl for the week ended Sept. 28, according to data from the US Energy Information Administration. Source: News

Lundin Norway AS said it plans to apply for development of its Luno II oil discovery in the Norwegian North Sea next year after closing a newly agreed acquisition of Equinor Energy’s 15% interest in the license. Source: News

Kinder Morgan Inc., Houston, has launched a binding open season to solicit commitments for additional capacity on the Plantation Pipeline system. Source: News

  Angus Energy PLC said a 7-day flow test of its Balcombe-2z horizontal well indicates commercial production is possible from Balcombe oil field on PEDL 244 in southern England. After cleaning and priming with coiled tubing and nitrogen, the well flowed naturally at 853 b/d of oil, not including 22.5% water. Source: News

Privately held Cuadrilla is offering a public view of seismic activity around two horizontal wells it soon will hydraulically fracture in Lancashire, England. The company will post records of daily seismic monitoring around its Preston New Road shale gas exploration site and surrounding area on an electronic portal open since April 2017. The portal provides […]

Equinor has signed an agreement to acquire Chevron Corp.’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental Shelf. Once concluded, Equinor says, the transaction will strengthen its UK portfolio, which includes the Mariner development, exploration opportunities, and three producing offshore wind farms. Source: News