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Fate of hydraulic fracturing uncertain in Nova Scotia

The government of Nova Scotia, Canada, was preparing in December to consider legislation that would ban the importation of hydraulic fracturing wastewater into the province.

Guernsey County lays groundwork for rising Utica shale drilling activity

When word first got out that the rural city of Cambridge, Ohio, sat atop a bounty of resources in the Utica shale, the president of the local chamber of commerce wasted no time laying the groundwork for the expected push for development.

PERMIAN Briefs

QEP to run six rigs on new Permain acreage

QEP Energy Co. expects to add four rigs this year to two already drilling on Permian basin acreage it is acquiring from EnerVest Ltd. for $950 million.

ConocoPhillips reports higher 2013 earnings, expects higher production in 2014

ConocoPhillips reported full-year earnings of $9.2 billion in 2013, an increase from the $8.4 billion totaled in 2012, which included $1.2 billion from downstream operations before the separation of Phillips 66 on Apr. 30.

Statoil, PTTEP to divide oil sands stakes

Statoil AS and PTT Exploration & Production (PTTEP) of Thailand have agreed to divide their interests in the multiarea Kai Kos Dehseh (KKD) oil sands project about 120 km south of Fort McMurray, Alta.

E&Y: Unconventional resources largest source of US oil, gas growth in 2013

Unconventional resources in the US constituted the oil and gas industry’s largest source of growth in 2013—a trend that’s expected to continue into 2014, Ernst & Young indicated in its US quarterly outlook.

Hess to sell Utica acreage for $924 million

Hess Corp. has agreed to sell 74,000 acres of its dry gas acreage in the Utica shale to an undisclosed buyer for $924 million.

Shell to sell interest offshore Brazil to Qatar Petroleum for $1 billion

Royal Dutch Shell PLC has agreed to sell 23% interest in the Parque das Conchas (BC-10) project offshore Brazil to Qatar Petroleum International for $1 billion. Shell will continue to operate BC-10 with 50% working interest.

AWE sells down Bass basin interests

AWE Ltd., Sydney, has sold down its interests in the Bass basin offshore northern Tasmania for $85 million (Aus.) in cash to Indian explorer Prize Petroleum Co. Ltd.

PwC: US M&A activity down in 2013 despite strong finish

The US oil and gas industry finished 2013 strong when it came to mergers and acquisitions, but the late-year push to a total of 182 deals totaling $115.9 billion wasn’t enough to match the 212 deals worth $152.8 billion in 2012, PwC US Energy Practice said in a report released Jan. 28.

Benchmark in Jeopardy

Straining to solve a problem that might be illusory, European regulators soon might create real problems by increasing the volatility of an important crude oil price marker.

Hess reports $5.8 billion capital budget for 2014

Hess Corp. reported that its exploration and production capital budget for 2014 is expected to reach $5.8 billion, almost have of which, $2.85 billion, will be spent on unconventional shale resources.

InterOil reports senior management changes

InterOil Corp. has appointed Jon Ozturgut as chief operating officer and Donald Spector as chief financial officer. Both Ozturgut and Spector formerly worked for Australian company Woodside Petroleum Ltd.

Shell, Mubadala swap Malaysian interests

Mubadala Petroleum, Abu Dhabi, has agreed with Shell to swap equity interests in two exploration blocks offshore Malaysia.

Market Connections

Manager of Exploration and Development

Manager of Exploration and Development

Manager of Exploration and Development: An Australian O&G Independent E&P company is seeking Manager of Exploration and Development - Onsho...
Colorado School of Mines

Colorado School of Mines Department of Petroleum Engineering is now hiring: Assistant/Associate Professor

Colorado School of Mines Department of Petroleum Engineering is now hiring: Assistant/Associate Professor. Colorado School of Mines Petroleum Engin...
IDAHO DEPARTMENT OF LANDS

Now Hiring: Minerals Leasing Program Manager

Become part of an organization where you will work with dedicated and extraordinary people who have commitment and skills to manage and protect Ida...
MasonMorseRanchCompany

Absolute Auction: Pecos River Ranch Retreat

Absolute Auction: Pecos River Ranch Retreat. 1,616.24 Acres, Santa Fe, NM. Roughly a Mile of Pecos River Frontage. Auction: July 30th @ 1:30 pm, Hy...
Denbeste Water Solutions

Seeks Funding for Leasing and Drilling

Company has numerous oil & gas prospects supported by 2-D seismic in theTexas-Louisiana Gulf Coast onshore. Seeks funding for leasing and drill...

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Offshore Middle East Conference & Exhibition

January 26, 2015
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