Repsol declares Cuba deepwater wildcat dry

Repsol SA has declared a dry hole at its deepwater exploratory well in the Gulf of Mexico north of Cuba, press reports indicated May 18.

Analyst: US unconventional liquids production could mean zero net oil imports

Production from unconventional liquids plays could result in the US becoming independent from oil imports before 2020, an analyst told attendees at an International Association of Drilling Contractors conference on onshore drilling. Read More >

US drilling rig count gains 12 units to reach 1,986

There were a total of 1,986 oil and gas drilling rigs working in the US this week, up by 12 units from last week. The rig count for the week ended May 18 was up by 156 rigs compared with the same period a year ago, Baker Hughes Inc.... Read More >

Atchafalaya Bay gas-condensate field due larger pipeline

Operations have begun to install a pipeline that will enable a large increase in production from Marathon gas-condensate field in Atchafalaya Bay off Louisiana, said Petsec Energy Ltd., Sydney.

LINN Energy joins Anadarko in Salt Creek carbon dioxide flood

LINN Energy LLC, Houston, will fund $400 million of Anadarko Petroleum Corp.’s future development costs in giant Salt Creek oil field in Wyoming in exchange for being assigned a 23% interest in the carbon dioxide enhanced oil recove... Read More >

Enbridge to expand Canada-US crude pipeline capacities

Enbridge Energy Partners LP will expand its crude oil mainline pipeline system to increase deliveries to markets in the Upper Midwest, eastern Canada and—through connecting Enbridge pipelines—the US Gulf Coast.

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Mixed outlook for MENA

Changing circumstances in the Middle East and North Africa (MENA) are altering percepti...

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Energy delusions aggravate Eu...

Political revolt against fiscal austerity underscores laws governing energy and money t...

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