Greenvale Energy Ltd., Sydney, has appointed consulting firm SRK Consulting (Australasia) Pty. Ltd. to progress development of the Alpha oil shale project in central Queensland inland from Rockhampton using a radio frequency (RF) microwave extraction technique. Source: News
BNK Petroleum completes drilling Brock 4-2H well in Tishomingo field
BNK Petroleum Inc., Camarillo, Calif., said it encountered hydrocarbon shows comparable to the company’s best wells while drilling the Brock 4-2H well in the Caney shale oil acreage in Tishomingo field in the SCOOP region in Oklahoma. The BNK-operated well (77% working interest) was drilled and cased and is awaiting completion. Source: News
Goodrich updates Haynesville operations
Goodrich Petroleum Corp., Houston, has provided updates on its Haynesville shale wells. The Harris-Dickson 14&23 No. 1 well in Thorn Lake field in Red River Parish, La., achieved a 24-hr peak rate of 27.5 MMcfd of gas from 6,100 ft of lateral. Goodrich also has drilled and cased the Loftus 27&22 No. 1 well. Source: News
Saturn plans 20 wells in Saskatchewan
Saturn Oil & Gas Inc., Saskatoon, Sask., has drilled and cased the first of 20 horizontal wells in a program extending through first-quarter 2019 in low-risk plays in Saskatchewan. It will drill 17 wells targeting light oil in the Cretaceous Viking formation in properties named Kerrobert, Prairiedale, Milton, and Plato. Source: News
Aramco lets Berri drilling-island contract
Saudi Aramco has let a contract to China Harbour Engineering Arabia for construction of two drilling islands in its expansion of Berri oil field. The expansion will double Berri production capacity to 500,000 b/d of Arabian Light crude. It includes installation of a gas oil separation plant on Abu Ali Island and 40,000 b/d of additional […]
CGG acquiring multiclient survey in UK West Shetland basin
CGG of Paris started acquisition of a high-density, rich-azimuth, towed-streamer multiclient survey in the UK West Shetland basin covering 3,600 sq km. The Oceanic Vega and the Geo Caribbean are being deployed. Source: News
ESAI: Refinery expansions overwhelms rising gasoline, diesel demand
In its latest Global Fuels Outlook, ESAI Energy projects global demand for transportation fuels to rise by more than 1 million b/d in 2019 after increasing by just 800,000 b/d in 2018. This acceleration will be driven by a recovery in gasoline and diesel demand growth. Source: News
MARKET WATCH: NYMEX, Brent oil prices fall slightly pending full US sanctions on Iran
Light, sweet crude oil prices for November delivery fell by less than a dime on the London market Sept. 17 to hold above $68/bbl while Brent crude oil prices on the London market also fell slightly, settling above $78/bbl. Source: News
Watching Government: Gov. Brown signals opposition
California Gov. Jerry Brown (D) left little doubt about where he stood on Sept. 8 when he signed two bills blocking new federal leasing off the state’s coast and announced its opposition to the federal government’s plan to expand oil and gas drilling on federal lands in California. Source: News
US LNG exports to Europe must overcome obstacles, Senate panel told
European imports of LNG from US suppliers face weighty constraints, witnesses told the US Senate’s Energy and Natural Resources Committee. “Most [European Union] members in central and southeastern Europe do not have LNG regasification terminals and can rarely access LNG supplies through the EU’s collective natural gas distribution network,” US Assistant Sec. for Fossil Energy […]