API: US December petroleum demand highest in 5 years

Total US petroleum deliveries, a measure of consumer demand, averaged 19.7 million b/d in December, a 1.1% increase over December 2014, according to the American Petroleum Institute’s latest Monthly Statistical Report. The level reached was the highest December total in 5 years. Source: News

New COGCC rules aim to increase community roles in oil, gas plans

The Colorado Oil & Gas Conservation Commission issued new rules aimed at enhancing local communities’ participation in locating and planning for future oil and gas operations. The rules require operators to notify local governments earlier when activity will be adjacent to communities, call for additional mitigation measures and best management practices there, and encourage sharing […]

Kosmos finds gas with Guembeul-1 offshore Senegal

Kosmos Energy Ltd.’s first attempt to delineate the Greater Tortue area offshore Senegal encountered 101 m of net natural gas pay in two reservoirs in the northern part of the St. Louis Offshore Profond license area, the company said. Source: News

Contract let for hook-up services for Ichthys LNG project

Samsung Heavy Industries Co. has let a contract to Perth-based engineering firm Clough Ltd. for hook-up services on the Ichthys LNG project’s central processing facility (CPF) offshore Western Australia. Source: News

Noble cuts 2016 budget in half to $1.5 billion

Noble Energy Inc., Houston, is beginning 2016 with a capital program of $1.5 billion, about 50% lower compared with that of 2015 pro-forma for the Rosetta Resources Inc. merger. Source: News