Petro Matad Ltd. said it drilled the Snow Leopard exploration well to 2,930 m MD in the Valley of the Lakes basin complex of central Mongolia. The well reached granitic basement on Block V. The Snow Leopard well now will be plugged and abandoned pending evaluation. Source: News
US House Democrats express NPR-A oil development concerns to BLM
US Rep. Raul M. Grijalva (D-Ariz.), the House Natural Resources Committee’s ranking minority member, and the top Democrats on two of the committee’s subcommittees urged the US Bureau of Land Management to maintain critical wildlife and caribou habitat protections near Teshekpuk Lake on Alaska’s North Slope. Source: News
Cuadrilla’s second UK frac job approved
Privately owned Cuadrilla is preparing to hydraulically fracture the two horizontal wells it has drilled on its Preston New Road site in Lancashire, UK, after receiving government approval for the second completion. It received approval to frac the first well in July. Source: News
Novatek hikes Utrenneye reserves estimate
Novatek has discovered two new hydrocarbon deposits and confirmed commercial viability of Middle Jurassic deposits in Utrenneye gas and condensate field with its No. 294 well on the Gydan Peninsula of northern Siberia. The field supports the proposed 19.8-million tonne/year Arctic LNG 2 project nearby on the Gulf of Ob. Source: News
US Coast Guard withdraws 1999 offshore oil and gas proposed rule
The US Coast Guard withdrew a 1999 proposed rule covering oil and gas activities on the US Outer Continental Shelf. The passage of time, advances in technology, and changes in industry practices have rendered the proposed rule covering workplace safety on vessels obsolete, it said in a Sept. 19 Federal Register notice. Source: News
ExxonMobil to join oil and gas climate initiative
ExxonMobi Corp. will join the Oil & Gas Climate Initiative, a group of 13 of the world’s largest oil and gas producers working collaboratively toward solutions to mitigate the risks of climate change. The CEO-led organization focuses on developing practical solutions in areas including carbon capture and storage, methane emissions reductions, and energy and transportation […]
Cyprus, Egypt back Aphrodite gas pipeline
Officials of Cyprus and Egypt have signed an agreement supporting construction of a pipeline to carry natural gas from deepwater Aphrodite field off the island nation to Egypt, according to press reports. Source: News
Verus Petroleum to acquire Cieco E&P (UK)
Verus Petroleum has agreed to acquire Cieco Exploration & Production (UK) for $400 million. The sale and purchase agreement, which would add 11,000 boe/d to the company’s daily production, builds on the Boa oil field acquisition in 2017, and the acquisition of interests in Alba oil field and Babbage gas field earlier this year. Source: News
ExxonMobil plots major upgrades at UK refinery
ExxonMobil Corp. is considering a plan to make major upgrades at subsidiary Esso Petroleum Co.’s 270,000-b/d Fawley refinery near Southampton, UK. Intended to enable the refinery to help meet the UK’s changing fuel demand and reduce the region’s reliance on diesel imports, the multimillion-pound project would involve works designed to allow the manufacturing site to […]
Total buys provider of EV-charging systems
Total SA has expanded its business in new transportation energies by completing the acquisition of G2mobility, a French provider of electric-vehicle charging systems. It didn’t disclose terms. G2mobilty markets connected charging stations operated by a web platform that can remotely control charge points. Source: News