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General Interest 2009 P18

  • 11/06/2009 -- GOP House members urge Salazar to not abandon categorical exclusions
    Four US House Republicans urged US Interior Secretary Ken Salazar to improve, instead of jettison, categorical exclusions in response to a recent Government Accountability Office report.
  • 11/06/2009 -- EOG sees reserve hike in Barnett Combo play
    Improved horizontal completion techniques in the North Texas Barnett Combo play have led EOG Resources Inc. to estimate that ultimate recoveries in one area will be 80% higher than the company’s early 2008 estimates in the play.
  • 11/06/2009 -- Oil and gas group forms in Greenland
    Responding to “a continuously increasing focus on the possibilities for oil and gas production in Greenland,” seven operators have formed a trade association anticipating industry development in the country.
  • 11/06/2009 -- Louisiana
    Goodrich Petroleum Corp., Houston, gauged a peak 24-hr rate of 15.3 MMcfe/d from Jurassic Haynesville shale at its Plants 26H-1 well in De Soto Parish, La.
  • 11/06/2009 -- Utah
    Questar Exploration & Production Co., Salt Lake City, is drilling a horizontal well to the H4 member of the Eocene Green River formation at 7,000 ft true vertical depth in Utah’s Uinta basin.
  • 11/06/2009 -- Texas-East
    EOG Resources Inc. has expanded its acreage position in the Haynesville shale play to 153,000 net acres after adjusting for the expected exercise of third party preferential rights.
  • 11/06/2009 -- California
    Royale Energy Inc., San Diego, said its Goddard 7-1 apparent new field discovery in the Sacramento basin stabilized at 2.45 MMcfd of gas on a restricted choke from an undisclosed formation.
  • 11/05/2009 -- Petrobras signs $10 billion loan with CDB
    Brazil’s state-owned oil and gas company Petroleo Brasileiro SA (Petrobras) has signed the final agreements with China Development Bank Corp. (CDB) for a $10 billion loan, which has been under negotiation since May.
  • 11/05/2009 -- Democrats send climate bill to Senate floor despite boycott
    The US Senate Environment and Public Works Committee approved a global climate change bill by an 11-1 vote despite a boycott by Republican members.
  • 11/05/2009 -- MARKET WATCH: Crude price rallies above $80/bbl
    Oil prices continued a 3-day rally Nov. 4 with crude closing above $80/bbl in the New York market following bigger-than-expected drops in US inventories of crude and gasoline and a weaker dollar after the Federal Reserve said it would maintain its current interest rate policy for an extended period.

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