More Oil & Gas News

Method improves high-pressure settle-out calculations

Settle-out calculations in natural gas systems need to be sufficiently rigorous accurately to predict settle-out under various operating conditions without being so conservative as to increase costs.

Evolving PSC offers insight into Mexico's legal framework

The Mexican National Hydrocarbons Commission (CNH) on Mar. 13 will publish a revised draft of the production-sharing contract (PSC) it proposed last Dec. 11 for exploration and production rights covering 14 shallow-water areas to be offered in the first phase of Round One bidding.

Magellan, PAA form Saddlehorn crude pipeline joint venture

Magellan Midstream Partners LP and Plains All American Pipeline LP have formed Saddlehorn Pipeline Co., a 50-50 limited liability joint venture, to build, own, and operate the 550-mile Saddlehorn pipeline, shipping crude oil from the Denver-Julesburg basin, and potentially the broader Rocky Mountain area, to storage in Cushing, Okla.

Noble Energy's budget down 40% in 2015

Noble Energy Inc., Houston, plans to spend $2.9 billion in 2015, representing a 40% reduction from 2014. The company also reported full-year 2014 net income of $1.21 billion and adjusted income of $881 million.

UKCS report cites need for deep cost cuts

The struggling producing industry on the UK Continental Shelf needs deep cost cuts, according to the Oil & Gas UK's Activity Survey 2015.

Recent CSIS report outlines main US oil infrastructure challenges

The US crude oil renaissance has created strong demand for expanded US transportation systems, resulting in five primarily challenges, a recent Center for Strategic and International Studies report concluded.

PetroChina mulling sale of its stake in Arrow CSG

PetroChina is reportedly considering selling its half of Arrow Energy’s Queensland coal seam gas (CSG) resources.

Michie named Oil & Gas UK chief executive

Deirdre Michie has been named chief executive of Oil & Gas UK, replacing Malcolm Webb, who will retire May 31.

MARKET WATCH: NYMEX crude oil prices swing down again

The contract for US light, sweet crude oil for April delivery plunged by more than $2.80/bbl on the New York market Feb. 26 as volatility sent crude prices on a steep decline toward their lowest level in nearly a month.

Low crude prices pressure Latin American producers, CSIS forum told

Depressed crude oil prices are putting new pressure on Latin American producing countries to improve terms if they expect to attract outside investment for developing resources, speakers said during a Feb. 25 discussion at the Center for Strategic & International Studies.

Petroleum detected in fish tested after Yellowstone River pipeline spill

Detectable levels of petroleum were found in tests of fish pulled from the Yellowstone River downstream from a broken petroleum pipeline near Glendive. Mont., and the Montana Fish, Wildlife and Parks advised fishermen to use caution when deciding whether to eat fish from the oil spill area.

Suriname bid round draws lackluster response

The dramatic fall in oil prices is being blamed for the lack of interest shown by international oil companies (IOCs) in the deepwater offshore Suriname in the Suriname-Guyana basin.

House panel launches probe of DOS’s Keystone XL application process

The US House Oversight and Government Reform Committee began an investigation of the US Department of State’s environmental impact statement for the proposed Keystone XL crude oil pipeline. It requested comments DOS asked other federal departments to provide regarding DOS’s final supplemental EIS for the project in a Feb. 24 letter to Sec. of State John F. Kerry.

Antero Resources cuts 2015 Marcellus spending vs. 2014

Antero Resources Corp., Denver, said it plans to spend $1.6 billion during 2015 for drilling and completion activities in the Marcellus and Utica shale plays, marking a 36% reduction as compared with 2014 drilling and completion expenditures.

Uganda announces tender for Albertine Graben acreage

The virtually untouched Albertine Graben of Uganda may contain more than 6.5 billion bbl of oil resources according Ugandan officials.

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Texas A&M University at Qatar (TAMUQ) (http://www.qatar.tamu.edu/) invites applications for the position of Chair of the Petroleum Engineering Program at the rank of associate or full professor, with an anticipated starting date of July 1, 2015. Texas A&M at Qatar is a partnership with Qatar Foundation, and it is based in a state-of-the-art, 595,000 square foot building that was completed in 2007.

Chair of the Petroleum Engineering Program

Texas A&M University at Qatar (TAMUQ) (http://www.qatar.tamu.edu/) invites applications for the position of Chair of the Petroleum Engineering ...
Novus International, Inc., a $1B+ privately held company, is a global leader in developing animal health and nutrition solutions. The Novus corporate mission is to help feed the world affordable, wholesome food by supplying superior goods and services to the leading commercial food producers worldwide. The company owns the world's largest methionine plant located at Chocolate Bayou, Texas and is in the early stages of building another plant at a site on the gulf coast of Texas or Louisiana.

Sr. Process Engineers

Novus International, Inc., a $1B+ privately held company, is a global leader in developing animal health and nutrition solutions. The Novus corpora...
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Offshore Catering Jobs Available

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Kuwait Institute for Scientific Research Now hiring

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