The US Environmental Protection Agency launched a voluntary oil and gas methane emissions reduction effort, the Natural Gas STAR Methane Challenge Program, with 41 companies. The partnership between EPA and the companies builds on the regulator’s Natural Gas STAR program, which focuses on cost-effective methane emission reductions from natural gas operations. Source: News
OGUK updates well integrity guidelines
Oil & Gas UK has published updated guidelines on well practices to improve safety and performance. Source: News
BP, CNPC ink Chinese shale gas PSC
BP PLC and China National Petroleum Corp. (CNPC) have signed a production-sharing contract for shale gas exploration, development, and production on Neijiang-Dazu block in China’s Sichuan basin. Source: News
MARKET WATCH: NYMEX oil price for May rises slightly, stays above $38/bbl
Light, sweet crude oil prices for May delivery rose slightly on Mar. 30 on the New York market to settle above $38/bbl after the weekly inventory report showed another gain in US crude oil supplies. Source: News
Marathon preparing revised air permit application for Detroit refinery
Marathon Petroleum Corp. is preparing an amended application to the Michigan Department of Environmental Quality for a new air-quality permit at its Detroit refinery after city officials and residents said the original plan would increase sulfur dioxide and other emissions. Source: News
West Texas crude system expanding northward
Medallion Pipeline Co., Irving, Tex., is proceeding with construction of the Howard Lateral and partial expansion of its Wolfcamp Connector crude oil gathering system east of Midland, Tex. Source: News
Documents filed for Bear Head LNG gas link
Bear Paw Pipeline Corp. Inc. has filed environmental documents with Nova Scotian authorities for a pipeline linking the proposed Bear Head LNG export plant at Point Tupper, NS, with the North American natural gas network. Source: News
EIA: Costs of US oil, gas wells have declined since 2012
Average well drilling and completion costs in five key onshore areas in the US evaluated in 2015 were between 25% and 30% below their level in 2012, when costs per well were at their highest point over the past decade, according to the US Energy Information Agency’s recent study, Trends in US Oil & Natural […]
Chariot Oil & Gas farms out offshore Moroccan acreage to Eni
Italy’s Eni SPA will enter an agreement to operate a 10,780-sq km area in Morocco’s Rabat Deep Offshore exploration permits I-VI. The company seeks to expand its Atlantic Margin presence in North Africa. Source: News
Chevron terminates contract for Maersk Deliverer
Cabinda Gulf Oil Co. Ltd. (Cabgoc), Chevron Corp.’s affiliate in Angola, has elected to cancel its contract with Maersk Drilling for the dynamically positioned semisubmersible Maersk Deliverer ultradeepwater drilling rig. Source: News