International news for oil and gas professionals
The energy industry has discussed floating natural gas liquefaction for more than 30 years as an option to develop gas from remote offshore locations. Douglas-Westwood recently forecast $47.4 billion total will be spent on FLNG during 2013-19.
Elements of change are in place in Mexico. Nothing guarantees they'll be activated. But as new promise for oil supply comes to light in the US and Canada, the mere possibility that Mexico will make essential reforms enhances the promise of a North American boom.
Range Resources Corp., Fort Worth, said it has already activated the five-rig drilling program that it had planned to institute in the first quarter of 2013 in the horizontal Mississippian lime play on the 157,000 net acres it holds in Kay County, Okla., and Cowley County, Kan.
Policies to restrict carbon emissions potentially could inhibit significant production growth from US shale gas formations, an expert warned.
Lenape Resources Inc. has filed a lawsuit against Avon, a town in Livingston County, NY, to overturn a municipal moratorium on hydraulic fracturing for natural gas exploration and production.
Thirteen companies submitted bids for 116 of 3,873 blocks offered in the Nov. 28 Western Gulf of Mexico Lease Sale 229 in New Orleans.
The nonprofit Research Partnership to Secure Energy for America (RPSEA) selected 15 proposals under the Unconventional Resources Program for negotiations leading to an award under its contract with the US Department of Energy's National Energy Technology Laboratory.
The broad question of possible problems in having 20 separate federal departments and agencies evaluate a breakthrough oil and gas exploration and production technology has become specific.
The US should take specific steps soon to use its energy abundance to avert the looming fiscal crisis and accelerate the nation's economic recovery, Securing America's Future Energy recommended in a new report.
Opposition to the Keystone XL crude oil pipeline project has become more noisy than widespread, American Petroleum Institute officials said on Dec. 4 as Nebraska's Department of Environmental Quality prepared to hold a public hearing on the project's proposed new route later that day.
The US Fish & Wildlife Service said it will consider listing the lesser prairie chicken, a bird whose habitat is in five US states with oil and gas production, as an endangered species.
An Arctic Oil Spill Response Technology Joint Industry Program (JIP) will continue building knowledge on Arctic offshore oil spill response expertise already developed through 40 years of research by individual companies and other organizations, speakers told the Arctic Technology Conference Dec. 4.
Few experimental spills have been done offshore the US and Canada in the last 20 years, noted a speaker at the Arctic Technology Conference in Houston on Dec. 4 during a panel discussion on oil spill preparedness.
The US Senate has shirked responsibility by supporting biofuel boondoggles by the military.