More Drilling Operations News

NGSA: Downward pressure expected on gas prices this summer

Jun 4, 2015

Despite expectations for record-setting summer demand, pressure on this summer’s natural gas prices is likely to be downward compared with summer 2014, the Natural Gas Supply Association said in its 15th annual Summer Outlook assessment of the natural gas market. NGSA said it expects production to set records and be more than enough to meet demand.

Oklahoma governor signs legislation to prevent local fracturing bans

Jun 2, 2015

Oklahoma cities and counties would be unable to ban hydraulic fracturing or other oil and gas operations under Senate Bill 809 that Oklahoma Gov. Mary Fallin has signed into law.

Final EISs, management plans released for sage grouse in 10 states

Jun 1, 2015

The US Bureau of Land Management and US Forest Service jointly released 14 final environmental impact statements and proposed federal land management plans in 10 Western states to protect the greater sage grouse and its habitat. Oil and gas groups said the requirements contradict a strong cooperative effort by states, producers, ranchers, local communities, and other stakeholders to accomplish the same purpose.

Mexican opportunities include corruption as well as business

Jun 1, 2015

The Mexican constitutional reforms and related privatization of portions of the oil and gas industry are historic. The end of state-owned monopoly control will create great opportunities for foreign and domestic companies alike.

Study links iron sulfide to MEG column burping

Jun 1, 2015

Iron sulfide (FeS) particles entrained in formation water are small (< 1 μm) with a very large surface area. When freshly produced FeS contacts hydrocarbon condensates they create stable emulsions that are carried all the way to monoethylene glycol (MEG) still columns and likely cause burping in these columns.

BHI: US rig count declines 10 units, falls below nadir of 2008-09 downturn

May 29, 2015

The US drilling rig count dropped 10 units during the week ended May 29 to settle at 875 rigs working, falling below the nadir of the 2008-09 downturn by a single unit, according to data from Baker Hughes Inc.

W&T Offshore makes deepwater gulf discovery, starts Medusa production

May 28, 2015

W&T Offshore Inc., Houston, reported a discovery at Ewing Banks Block 910 and the start of production from the SS No. 6 well in Mississippi Canyon Block 538 field, both in the deepwater Gulf of Mexico.

Associations urge flexibility in proposed Alaska offshore rules

May 28, 2015

The American Petroleum Institute, National Ocean Industries Association, and US Chamber of Commerce’s Institute for 21st Century Energy jointly called for more flexibility in two US Department of Interior agencies’ proposed Alaska offshore oil and gas regulations.

Woodside decides to exit Tanzania PSA with Beach

May 28, 2015

Woodside Petroleum Ltd. has decided not to take up its option to proceed to Phase 2 of the Lake Tanganyika South production-sharing agreement (PSA) in Tanzania with Beach Petroleum Ltd.

API-Ohio runs radio ads against proposed state severance tax

May 26, 2015

The American Petroleum Institute launched a series of radio ads in Ohio urging people to call their state senators in opposition of any additional taxes on the oil and gas industry, said Chris Zeigler, API-Ohio executive director.

La Jolla Conference: Regulations still constraining unconventional energy development

May 26, 2015

While unconventional oil and gas production in the US remains mostly resilient amid the industry downturn, energy policy under the Obama administration hasn’t made things easier on companies forced to cope with new market realities, panelists said on May 20 during the XXIV La Jolla Energy Conference in La Jolla, Calif.

BHI: US rig count decline continues to slow, now down 3 to 885

May 22, 2015

The decline in the US drilling rig count continued to slow again during the week ended May 22, according to Baker Hughes Inc. The total count was off by 3 rigs for a total of 885. The count has now fallen for 24 consecutive weeks.

BHI: US rig count decline shrinks to 6 this week, settles at 888

May 15, 2015

The trend of shrinking declines in the US drilling rig count continued during the week ended May 15. Just 6 units were laid down to settle at a total of 888 rigs working, representing the smallest drop in the 23 consecutive weeks in which the count has dived, easily surpassing last week’s 11 that went offline, according to data from Baker Hughes Inc. Since Dec. 5, 1,032 units have now gone offline.

BP lets Thunder Horse expansion contract

May 13, 2015

BP Exploration & Production Inc. has let a contract to Technip covering pipeline systems for a southern expansion of ultradeepwater Thunder Horse oil and gas field on Mississippi Canyon Blocks 778 and 822 in the Gulf of Mexico.

BPTT to start drilling in Juniper gas field offshore Trinidad

May 12, 2015

Starting next week, BP Trinidad & Tobago LLC (BPTT) reported it will begin drilling its first of five wells in its Juniper natural gas field 50 miles offshore Trinidad and Tobago’s southeast coast in the next week. BPTT has announced that the wells will be drilled by Diamond Offshore Drilling Inc.’s Ocean Victory semisubmersible drilling rig.

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