Rosneft, Petrovietnam ink cooperation MOURosneft and Petrovietnam have signed a memorandum of understanding to strengthen cooperation in upstream and downstream oil and gas operations in Russia, Vietnam, and third countries. |
Statoil, Total swap Barents Sea interestsStatoil AS and Total SA have agreed to swap 10% interests in two petroleum licenses in the Barents Sea offshore Norway. |
San Leon Energy to buy Talisman’s share of Poland shale gas JVSan Leon Energy PLC agreed to buy Talisman Energy Inc.’s share of a shale gas joint venture in Poland. Talisman is the second international major oil company to withdraw from Poland, following a decision last year by ExxonMobil Corp. to exit Poland after early results failed to produce commercial wells. |
MarkWest Energy buys Granite Wash assets in Texas, OklahomaMarkWest Energy Partners LP, Denver, has bought midstream assets in the Anadarko basin from a wholly owned subsidiary of Chesapeake Energy Corp. for $245 million. |
Inpex to get stake in block off UruguayInpex Corp., through a subsidiary, has agreed to acquire a 30% participating interest in Area 15 offshore Uruguay from a subsidiary of Tullow Oil PLC (see map, OGJ, May 7, 2012, p. 60). |
Petronas to buy OGX interests offshore BrazilPetronas Brasil E&P Ltda. has agreed to buy interests in two blocks in Brazil’s Campos basin from OGX Petroleo e Gas SA for $850 million. |
Apache to divest assets worth $4 billionApache Corp. will sell properties worth $4 billion by the end of 2013 in what G. Steven Farris, chairman and chief executive officer, described as a program to “divest noncore assets while retaining those that drive long-term growth and generate cash from operations.” |
HRT to acquire Campos basin shelf oil field from BPHRT Oil & Gas Ltd., Rio de Janeiro, will acquire BP PLC’s 60% interest in Polvo oil field in shallow water in the southern Campos basin offshore Brazil for $135 million cash. |
EQT acquiring more Marcellus shale assetsEQT Corp. agreed to buy 99,000 net acres in southwestern Pennsylvania and 10 horizontal Marcellus wells in Washington County, Pa., from Chesapeake Energy Corp. and partners. |
Independent to acquire GeoMet Alabama CBM assetsA private independent oil and gas company with interests in Alabama will purchase the Alabama coalbed methane properties of GeoMet Inc., Houston, for $63.2 million. The buyer’s name has yet to be released. |
OTC: Deepstar focuses on subsea equipmentAdvances in deepwater technology require financial commitment by oil companies and a willingness to form partnerships with vendors and regulators, panelists discussing the DeepStar research and development collaboration told an opening session of the Offshore Technology Conference in Houston. |
Energy Information Administration's view of shale gas, tight oil potential* |
Local economies thrive from South Texas Eagle Ford growthATASCOSA COUNTY, Tex.—The University of Texas at San Antonio (UTSA) Center for Community and Business Research reported in March 2013 that Eagle Ford shale development added more than $61 billion in total economic impact during 2012. |
EAGLE FORD briefs |
Fayetteville groundwater study shows no signs of contamination from recent drilling activityFAULKNER COUNTY, Ark.—In January, the USGS announced results from its year-long groundwater study in the central portion of Arkansas' Fayetteville shale. |
Magazines – click below to learn more or subscribe:
| Event Title | Date | Type |
Oil Sands and Heavy Oil Technologies |
July 23, 2013 | |
AIPN Internation Conference |
October 21, 2013 | |
Deep Offshore Technology International |
October 22, 2013 | |
PetroWorld India |
October 24, 2013 | |
Deepwater Operations Conference & Exhibition |
November 05, 2013 | |