More Oil & Gas News

Christie calls for N. American energy system improvements

Mexico, Canada, and the US will need to significantly increase investments in energy systems if they expect to achieve the full benefits of a North American energy renaissance, New Jersey Gov. Chris Christie (R) said during a multiday visit to Mexico.

MARKET WATCH: Crude oil experiences week-long ‘bumpy ride’

The crude oil market was taken on a “bumpy ride” down a rocky road for much of this week, according to a commodities research note from Barclays Research, “as soft fundamentals and escalating tensions in Eurasia sparked price volatility.”

Devon Canada files with AER for Walleye oil sands project

Devon Canada Corp. has submitted applications with Canada’s Alberta Energy Regulator for its Walleye steam-assisted gravity drainage project.

Questions about EPA

Although the suggestion will strike some observers as sacrilege, the US should begin asking whether the Environmental Protection Agency has outlived its usefulness.

AU Energy to acquire Tullow Netherlands unit

AU Energy BV, a subsidiary of Mercuria Energy Group Ltd., has agreed to acquire Dutch operated and nonoperated L12/L15 block interests and nonoperated Q4 and Q5 block interests from Tullow Exploration & Production BV, a subsidiary of Tullow Oil PLC, for $81.1 million.

Boardwalk buys Louisiana ethylene pipeline from Chevron

Boardwalk Pipeline Partners LP has agreed to buy Chevron Petrochemical Pipeline LLC—including the 176-mile Evangeline ethylene pipeline—from Chevron Pipe Line Co.

Federal judge finds BP E&P negligent in Macondo crude oil spill

A nearly 5 million bbl crude oil spill following the 2010 Macondo deepwater well blowout in the Gulf of Mexico was the result of operator BP Exploration & Production Inc.’s gross negligence and willful misconduct, a federal district court judge ruled in New Orleans.

Nova Scotia prohibits hydraulic fracturing

The government of Nova Scotia has imposed an indefinite ban on hydraulic fracturing onshore.

Tamarack to buy Suncor’s Wilson Creek assets

Tamarack Acquisition Corp., a subsidiary of Tamarack Valley Energy Ltd., will acquire Wilson Creek assets in central Alberta from Suncor Energy Inc., Calgary, for $168.5 million (Can.).

MARKET WATCH: Crude oil futures prices rebound on Russia-Ukraine talks

Crude oil futures prices rebounded on both the New York and London markets Sept. 3, which analysts attributed largely to comments from Russian President Vladimir Putin that he expected fighting in Ukraine to end within days.

ExxonMobil plans upgrade at Norwegian refinery

ExxonMobil Corp. subsidiary Esso Norge AS is planning to install a residual flash tower designed to replace heavy fuel oil production at its 6 million-tonne/year refinery at Slagen, Norway.

Ryder Scott: Trinidad and Tobago’s gas reserves fell in 2013

Trinidad and Tobago’s proved natural gas reserves declined from 13.106 tcf in 2012 to 12.24 tcf in 2013. This is according to the latest survey of the Caribbean twin-island nation’s nonassociated gas conducted by Houston-based Ryder Scott Petroleum Consultants.

WRI: Shale oil, gas face tight competition for water

Governments and businesses trying to develop tight oil and gas resources could face intense competition for water that would be used in hydraulic fracturing, the World Resources Institute said in a recent report. It found that 38% of the world’s tight shale resources face high to extremely high water stress or arid conditions.

EQT, NextEra to build Marcellus-Utica gas pipeline

EQT Corp. and NextEra US Gas Assets LLC, an indirect, wholly owned subsidiary of NextEra Energy Inc., have formed a joint venture, Mountain Valley Pipeline LLC, to build and own the 330-mile Mountain Valley natural gas pipeline. The joint venture also launched a binding open season for shipment on the 2-bcfd system.

Halliburton announces $1.1 billion Macondo claims agreement

Halliburton Co. reported a $1.1 billion agreement that it said would settle most of the class claims asserted by plaintiffs against the Houston oil field service company following the 2010 Macondo deepwater well blowout in the Gulf of Mexico.

Market Connections

Successful, small, private E&P Company in Covington, LA has opening for experienced Petroleum Engineer. Work with Mgmt and Earth Scientists, limited supervision, well-organized, team player.  Exp performing O&G well file research, compiling data, preparing AFEs, economics, writing procedures and recommendations.  Exp in supervising workovers, well intervention projects, and knowledge of ops in both onshore and inland waters.  Petroleum Engineering degree or equivalent.  Exp in planning and executing sidetracks and new drills preferred.   Communication skills a must.   Current BOP cert preferred.  Comp benefits.

Gulf Coast Petroleum Engineer

Successful, small, private E&P Company in Covington, LA has opening for experienced Petroleum Engineer. Work with Mgmt and Earth Scientists, li...
Large Capacity Natural Gas Pipeline located in South Texas Eagle Ford Shale Area. Growing company is currently seeking qualified candidates for IMMEDIATE OPENINGS: Gas Pipeline Compressor Station Operator, Gas Pipeline Compressor Station I&E Technician, Gas Pipeline Compressor Station Maintenance Technician.

Growing company is currently seeking qualified candidates for IMMEDIATE OPENINGS

Large Capacity Natural Gas Pipeline located in South Texas Eagle Ford Shale Area. Growing company is currently seeking qualified candidates for IMM...
Vantage Drilling

Currently Hiring Positions in the Gulf of Mexico

Vantage Drilling is an international offshore drilling contractor which operates and manages a fleet of modern, high specification drilling rigs on...
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...
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...
Stay Connected