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General Interest 2010 P8

  • Tue Nov 30 17:15:10 CST 2010 -- Total receives approval for West Franklin Phase 2
    Total E&P UK Ltd. received approval for the $1 billion Phase 2 development of the West Franklin field from the UK Department of Energy and Climate Change.
  • Tue Nov 30 13:00:10 CST 2010 -- MARKET WATCH: Oil price rises; gas price falls with no fundamental market change
    Energy prices climbed higher Nov. 29 in the first full day of trading in the New York market after the Thanksgiving holiday in the US, with rising gasoline and distillate fuel prices pulling crude up 2.4%.
  • Tue Nov 30 12:50:40 CST 2010 -- Frac services costly, in tight supply, operators say
    Operators faced with costly delays in obtaining fracturing crews are considering their options, and some are assembling their own company-owned fracture stimulation fleets and also entering long-term service contracts.
  • Tue Nov 30 12:45:10 CST 2010 -- Chesapeake to acquire more Eagle Ford shale acreage
    Chesapeake Energy Corp. agreed to pay $200 million to Australian independent Antares Energy Ltd. and its partner for rights to drill on 23,180 acres in the South Texas Eagle Ford shale, which is primarily a liquids play, Antares said.
  • Tue Nov 30 12:40:40 CST 2010 -- Outlook finds OPEC production capacity sufficient to 2020
    Current production capacity among members of the Organization of Petroleum Exporting Countries appears sufficient to meet incremental demand through 2020, according to a new analyst forecast.
  • Tue Nov 30 12:20:10 CST 2010 -- Higher spill tax could come on top of other hikes, API warns
    Proposals to raise the federal oil spill tax by $31 billion would increase the US oil and gas industry’s possible targeted amount to $117.48 billion in the fiscal 2011 budget, American Petroleum Institute officials warned.
  • Tue Nov 30 09:55:30 CST 2010 -- Carrizo updates Eagle Ford, Niobrara activity
    Carrizo Oil & Gas Inc., Houston, said its first two Eagle Ford shale wells drilled from a common surface location in central La Salle County, Tex., appear to have stabilized at a combined 1,125 b/d of oil and 2 MMcfd of 1,367-btu/Mcf of gas.
  • Mon Nov 29 15:55:20 CST 2010 -- Greenland awards seven licenses in Baffin Bay
    Greenland’s government last week awarded seven oil and gas exploration licenses in Baffin Bay to seven international companies.
  • Mon Nov 29 15:36:00 CST 2010 -- Anadarko sees LNG heft with third Mozambique find
    Anadarko Petroleum Corp., having made a third large natural gas discovery in the Rovuma basin off Mozambique this year, said the three finds already exceed the resource size threshold necessary to support an LNG project.
  • Mon Nov 29 13:35:20 CST 2010 -- MARKET WATCH: Energy prices climb before holiday but decline afterward
    Energy prices shot up Nov. 24 ahead of the long Thanksgiving holiday weekend in the US but then generally dropped slightly in a short trading session Nov. 26 with trading volume a quarter lower than average on the New York market.

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