Lundin Norway AS is considering two more appraisal wells after recent results from wells near the 2014 Alta oil and gas discovery in the Barents Sea. Source: News
San Leon discovers gas onshore Morocco
San Leon Energy PLC, Dublin, found gas shows within a 23-m-thick reservoir section of sandstone and conglomerate with its Laayoune-4 well drilled on the Tarfaya conventional license of Morocco’s Sahara region. Source: News
Witnesses cite pipeline safety progress, and unfinished work
Significant progress has been made in making US oil and gas pipelines safer and reducing the number of accidental releases, government and industry witnesses agreed at a US Senate Commerce, Science, and Transportation subcommittee hearing. But they also emphasized that more work needs to be done. Source: News
MARKET WATCH: NYMEX oil prices gains modestly awaiting inventory report
Crude oil prices rose 80¢/bbl on the New York Sept. 29 to settle slightly above $45/bbl as traders and analysts awaited the weekly government inventory report on crude oil and products, which showed an increase. Source: News
EPA institutes fenceline monitoring in update of refining regulations
The US Environmental Protection Agency required fenceline monitoring for the first time as it issued a final rule updating refinery emissions control requirements. Refiners will be required to install the monitors to measure benzene at the edges of their plant sites to better protect and inform nearby communities, EPA said. Source: News
Deepwater gulf well to start flow in 2017
Freeport-McMoRan Oil & Gas expects to start oil production in 2017 from its Horn Mountain Deep well, which will be tied back to the Horn Mountain truss spar in 5,500 ft of water offshore Louisiana. Source: News
Petrobras confirms extension of Carcara discovery
A third exploratory well drilled by Petroleo Brasileiro SA (Petrobras) in the Carcara area of the ultradeepwater Santos basin again confirmed the presence of good quality light oil of 31º gravity in presalt reservoirs. Source: News
SPE ATCE: Decision quality key to improving multicompany project results
Highlights of a draft technical report on the importance of decision quality in multicompany upstream projects was presented to the Society of Petroleum Engineers’ Annual Technology Conference & Expo (ATCE) in Houston. The goal of the report was to help operators work more seamlessly with joint-venture partners to mitigate cost overruns and schedule slippage by […]
US House passes latest bill to streamline transportation project reviews
The US House has passed, by a 233 to 170 vote, HR 348, which aims to streamline federal reviews of proposed oil and gas, highway, and other transportation projects. Republicans generally supported the bill, while Democrats largely opposed it. The House approved similar bills in the 112th and 113th Congresses. The White House has said […]
Producing states receive guidance on managing induced earthquakes
Officials from oil and natural gas producing states worked with scientists and industry advisors to compile a primer intended as a policy-guiding document to help states develop strategies to manage induced seismicity. Source: News