More Oil & Gas News

MARKET WATCH: Crude oil futures end week above $76/bbl in New York

The New York Mercantile Exchange January crude oil contract increased 66¢ on Nov. 21, closing at $76.51/bbl. The February 2015 contract increased as well, up 74¢ to $76.59/bbl.

DOI, Colorado announce Roan Plateau development dispute settlement

A dispute over development of federal natural gas leases on the Roan Plateau in western Colorado that were issued in 2008 has been settled, the US Department of the Interior and Colorado state government jointly announced in Denver.

Chapman to succeed Pryor as ExxonMobil Chemical president

Neil A. Chapman is expected to assume the roles of president of ExxonMobil Chemical Co. and vice-president of ExxonMobil Corp. following the retirement of Stephen D. Pryor on Jan. 1, 2015. Chapman has served as ExxonMobil Chemical’s senior vice-president, polymers since 2011.

Keystone strategies

Politics provided an interesting sideshow to the unsuccessful, ironic, last-minute push in the 113th Congress for sanction of the Keystone XL pipeline. The oil and gas industry shouldn't let that passing amusement distract it from what truly was at stake.

Senate debates, then barely rejects, Keystone XL approval bill

The US Senate finally debated a bill authorizing construction of the proposed Keystone XL crude oil pipeline on Nov. 18 before rejecting the measure by a single vote. Republicans vowed to bring the measure back once they assume majority control in January.

Deloitte: US gas supplies rebuilt since last winter, EIA's Sieminski says

The biggest issue this winter could be electricity generation in New England because of pipeline constraints rather than a drawdown of stored natural gas as happened last winter because of severe cold weather, said Adam Sieminski, administrator for the US Energy Information Administration.

North Dakota lawmakers mull Bakken crude regulations

Oil producers in North Dakota's Bakken and Three Forks formations could be required to strip gases from crude oil showing high vapor pressure before transporting the oil under new standards being considered by the North Dakota Industrial Commission, which met Nov. 13.

WoodMac: Deepwater gulf production to reach 1.9 million boe/d in 2016

Production in the deepwater Gulf of Mexico is expected to reach a new peak of 1.9 million boe/d in 2016, according to the latest outlook from consultancy group Wood Mackenzie Ltd.

Watching Government: Greece and energy in Europe

Amid growing energy supply geopolitics, Greece is a stable anchor within a rapidly destabilizing region, Yannis Maniatis, its Environment, Energy, and Climate Change Minister, said on Nov. 3.

Statoil updates lackluster Barents Sea exploration program

Statoil ASA has wrapped up its 2013-14 exploration program in the Barents Sea-one that included a notable disturbance from environmental activists-with fewer commercial discoveries than the company had originally anticipated.

EPA won’t finalize RFS’s 2014 biofuel quotas before yearend

The US Environmental Protection Agency announced it will not finalize 2014 biofuel quotas under the federal Renewable Fuel Standard (RFS) before yearend. The American Petroleum Institute and American Fuel & Petrochemical Manufacturers each said EPA’s Nov. 21 announcement demonstrates again that it’s time for Congress to repeal or dramatically reform the RFS.

MARKET WATCH: NYMEX crude up on recovering Chinese oil demand

Oil prices bounced back up $1/bbl on the New York market Nov. 20 on indications that Chinese oil demand might be recovering.

Worker killed in platform explosion offshore Louisiana

An explosion that occurred on Nov. 20 at the Fieldwood Energy LLC-operated West Delta 105 E offshore platform, also known as Echo, in the Gulf of Mexico, 12 miles offshore New Orleans, killed one contracted employee and seriously injuring another, according to reports from the company and US Bureau of Safety and Environmental Enforcement (BSEE).

Total joins global climate initiatives

Total SA, in what it describes as a consolidation of its efforts to address climate change, will support initiatives of the United Nations Global Compact, the World Bank, and the Climate and Clean Air Coalition (CCAC).

IHS: ‘Tight-oil test’ under way in US amid lower oil prices

The vast majority of potential US tight-oil production growth remains economical in the current crude oil price environment, according to a recent report by IHS. About 80% of potential gross US tight-oil capacity additions in 2015 would remain resilient at West Texas Intermediate prices dropped to $70/bbl, the report said.

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Colorado School of Mines

Multiple Faculty Openings

Colorado School of Mines Petroleum Engineering Department invites applications for multiple full-time faculty positions.    
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RAILROAD ON 3 SIDES FOR SALE OR LEASE

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Sale of Oil and Gas Leases

Notice of Sale of Oil and Gas Leases

 

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