More Oil & Gas Exploration and Development News

Obama administration opposes Senate's trio of OCS leasing bills

May 25, 2015

The Obama administration opposes a trio of US Senate bills that propose establishing or increasing states' shares of federal oil and gas revenue from leasing and development off their shores, US Bureau of Ocean Energy Management Director Abigail Ross Hopper told the Senate Energy and Natural Resources Committee.

OGJ Newsletter

May 25, 2015

International news for oil and gas professionals

FWS mulling steps to curb migratory bird deaths at oil and gas sites

May 22, 2015

The US Fish & Wildlife Service intends to prepare a programmatic environmental impact statement to evaluate possible steps for reducing accidental migratory bird deaths from oil and gas and other industrial activities.

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.

BLM seeks comments on Rosewood’s proposed Atchee area project in Utah

May 22, 2015

The US Bureau of Land Management is seeking public comments on Rosewood Resources Inc.’s proposal to develop an oil and natural gas field in the Atchee area 40 miles south of Vernal, Utah.

Alfa, Harbour Energy to acquire Pacific Rubiales for $1.7 billion

May 21, 2015

Mexican multinational conglomerate Alfa SAB de CV and British energy firm Harbour Energy Ltd. have collaborated to acquire the stock of Pacific Rubiales Energy Corp., Toronto, not already owned by Alfa in a deal valued at about $1.7 billion, excluding debt.

ADCO lets EPC contract for Mender onshore field in Abu Dhabi

May 21, 2015

Abu Dhabi Co. for Onshore Petroleum Operations Ltd. (ADCO) has let a $344-million contract to China Petroleum Engineering & Construction Corp. for engineering, procurement, and construction work for the further development of onshore Mender field in Abu Dhabi (OGJ Online, Mar. 11, 2015).

ExxonMobil’s Liza-1 well encounters oil offshore Guyana

May 20, 2015

Esso Exploration & Production Guyana Ltd., a unit of ExxonMobil Corp., reported an oil discovery on Stabroek block 120 miles offshore Guyana.

Wintershall to exit Qatar, citing lack of infrastructure access

May 20, 2015

Wintershall Holding GMBH is leaving Qatar, effective May 25, because of lack of access to local infrastructure, the company said.

Obama administration opposes Senate’s trio of OCS leasing bills

May 20, 2015

The Obama administration opposes a trio of US Senate bills that propose establishing or increasing states’ shares of federal oil and gas revenue from leasing and development off their shores, US Bureau of Ocean Energy Management Director Abigail Ross Hopper told the Senate Energy and Natural Resources Committee.

Poland’s Rawicz field estimated to hold 50 bcf in 2P reserves

May 19, 2015

Rawicz gas field in Poland contains estimated gross proved plus probable reserves of 50.3 bcf based upon a five-well development plan, including the recently tested Rawicz-12 well, according to a competent persons report (CPR) from Ryder Scott Co.

Rocky Mountain states urge Washington not to interfere with sage grouse partnership

May 19, 2015

Officials from three Rocky Mountain state governments and a major national sports conservation partnership urged both the Obama administration and the 114th Congress to not interfere with what could become very successful federal-state collaborations to preserve the greater sage grouse’s habitat and keep it from being listed as an endangered species.

MOL makes another discovery on Pakistan’s TAL block

May 19, 2015

MOL Group has made a commercial discovery with its Mardan Khel-1 exploration well on TAL block in Pakistan’s Khyber Pakhtunkhwa province. The company also has signed a farm-in agreement for Pakistan’s DG Khan block, taking 30% non-operating interest from Pakistan Oil Fields Ltd (POFL).

Utah will join lawsuit challenging BLM frac rules, governor says

May 19, 2015

Utah will ask to join Wyoming, North Dakota, and Colorado in a lawsuit challenging the US Bureau of Land Management’s recently issued hydraulic fracturing regulations, Gov. Gary R. Herbert (R) reported. The new federal rule unlawfully interferes with state regulations that already address the process, the action contends.

Texas governor signs bill to halt cities from banning fracturing

May 18, 2015

Texas Gov. Greg Abbott signed a bill to prevent municipalities from banning hydraulic fracturing in a move that was expected after the city of Denton last year approved a referendum to prohibit fracturing in its city limits.

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