-- MARKET WATCH: Crude prices continue to fall Crude prices continued to fall Mar. 24 amid continued worries about slowing energy demand and the recovery of the US dollar from recent lows against the euro.
-- ExxonMobil to retain Argentina assets ExxonMobil has decided against selling its Esso downstream assets in Argentina, ending months-long speculation about its intentions in the country and, perhaps, the wider region.
-- Chevron forms biofuels joint venture Chevron and Weyerhaeuser formed a 50-50 joint venture, Catchlight Energy, to develop the next generation of renewable transportation fuels from nonfood sources.
-- A high-stakes appeal before a high court The US Supreme Court moved one step closer to addressing a $2.5 billion question this term when it placed Exxon Shipping Co. vs. Baker on its docket and scheduled arguments for Feb. 27.
-- BreitBurn sets operations in three divisions BreitBurn Energy Partners reorganized its operations group into Western, Central, and Eastern divisions and set up an operations management team led by COO Mark L. Pease.
The challenges associated with developing unconventional resources are driving the industry to implement more efficient work flows and more cost effective formation evaluation solutions, forcing optimization at every step. Join us at AAPG or via webcast to learn how applying a comprehensive, yet fit-for-purpose evaluation approach throughout the development life cycle has helped operators maximize value and optimize production.