Hercules Offshore agrees to sell most of its inland fleet
May 20, 2013
Hercules Offshore Inc. agreed to sell 11 inland barge rigs, which includes 3 active rigs, 8 cold-stacked rigs, and related assets for $45 million. |
Fletcher Finucane oil production starts off W. Australia
May 20, 2013
Oil production has started ahead of schedule from Fletcher Finucane oil field offshore Western Australia in the Carnarvon basin, project operator Santos Ltd. reported. |
Mississippi cuts horizontal severance, EOR taxes
May 20, 2013
Mississippi has reduced the severance tax on hydrocarbons produced from horizontal wells and the sales tax paid on electricity for oil and gas produced via carbon dioxide enhanced oil recovery. |
US drilling rig count unchanged at 1,769
May 17, 2013
The US drilling rig count was unchanged during the week ended May 17, maintaining a total of 1,769 rotary rigs working, Baker Hughes Inc. reported. |
DOI releases revised proposal to regulate hydraulic fracturing
May 17, 2013
The US Department of the Interior released a revised proposal to regulate hydraulic fracturing on public and Indian lands that it said would maintain important safety standards, improve integration with existing state and tribal rules, and increase flexibility for oil and gas producers. |
Enquest lets contract for Thistle repair
May 15, 2013
Enquest PLC, London, has let a contract for inspection, repair, and maintenance services to Hallin Marine in its revitalization of the Thistle Alpha drilling and production platform in the North Sea 275 miles northeast of Aberdeen (OGJ Online, Feb. 5, 2013). |
Statoil orders newbuild jack up for Mariner in UK North Sea
May 14, 2013
Statoil and its partners placed an order with Noble Corp. for a newbuild, high-specification jack up drilling rig to be used in the Mariner heavy oil development in the UK North Sea. |
Large gain seen in Alberta oil production
May 13, 2013
Bitumen will claim an increased share of sharply higher oil production in Alberta over the next 10 years, according to the provincial Energy Resources Conservation Board. |
The Keystone XL symbol
May 13, 2013
If the campaign to kill the Keystone XL pipeline northern segment ultimately succeeds, low-gravity oil from Canada will reach markets anyway. Resistance to the project to boost movement of synthetic crude oil and blended bitumen from Alberta to the Gulf Coast is entirely symbolic. |
OTC: Petrobras emphasizes safety in FPSO design, operation in gulf
May 13, 2013
Safety was a priority for engineers planning the first floating production, storage, and offloading vessel installed in the Gulf of Mexico, Petrobras America Inc. executives told a May 6 technical session of the Offshore Technology Conference in Houston. |
OTC: Petrobras presalt output to reach 2 million bo/d by 2020
May 13, 2013
Brazil's Petroleo Brasileiro SA (Petrobras) plans to increase net production from its offshore presalt formation in the Campos and Santos basins to more than 2 million bo/d by 2020, from 311,000 b/d of oil as of Apr. 17, according to Carlos Tadeu de Costa Fraga, the company's presalt executive manager. Fraga spoke May 7 to attendees of the Offshore Technology Conference in Houston. |
Water increasingly crucial in energy policies, experts say
May 13, 2013
Energy policymakers worldwide should look beyond supply security and environmental questions and consider water resource availability if they expect to succeed, experts said May 3 during a forum at the Woodrow Wilson International Center for Scholars. |
BLM releases draft plan to clean up NPR-A legacy wells
May 10, 2013
The US Bureau of Land Management’s Anchorage, Alas., office released a draft plan listing near-term priorities and actions to plug and clean up legacy wells in the National Petroleum Reserve-Alaska, but the draft quickly drew fire from the state’s senior US senator. |
US drilling rig count up 5 units to 1,769
May 10, 2013
The US drilling rig count gained 5 units during the week ended May 10 to a total of 1,769 rotary rigs working, Baker Hughes Inc. reported. That compared with 1,974 rigs working in the comparable week last year. |
NEB sees 'holding pattern' in Canadian gas deliverability
May 10, 2013
Deliverability of natural gas in Canada is in what the National Energy Board calls a “holding pattern” because low prices have suppressed gas drilling. |
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