1455 West Loop South
Houston, Texas 77027
(713) 621-9720
Copyright © 2010: PennWell Corporation
All Rights Reserved.
Houston, Texas 77027
(713) 621-9720
Copyright © 2010: PennWell Corporation
All Rights Reserved.
General Interest
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Hercules Offshore agrees to sell most of its inland fleet
… which time Hercules will $35 million, and closing on the final rig is expected in early third quarter, at which time the Company will receive the remaining balance of $10 million. John T. Rynd, Hercules chief executive officer and president, said …
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Kuwait reshuffles oil and gas leadership
… petrochemical, and services industries have new leaders. A government spokesperson described the shake-up as an effort “to give ..... requirements in the coming stage.” At the national oil company , Kuwait Petroleum Corp. (KPC), Nizar Al-Adsani becomes …
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Chesapeake Energy names Lawler as chief executive officer
Chesapeake Energy Corp. has named Robert Douglas Lawler as chief executive officer and a member of the board, effective June 17.
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MARKET WATCH: Front-month gas futures contract rallies
The front-month natural gas contract rallied May 17 in New York, reclaiming most of its loss from the previous session, after the Department of Energy authorized Freeport LNG Development LP to export 1.4 bcfd of LNG to countries that do not have free trade agreements with the US (OGJ Online, May ...
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Questar Pipeline starts open season for Uinta basin expansion
… be available depending on response to the open season, scheduled to conclude June 14. Assuming Questar receives customer interest and arranges financing, the company anticipates the expansion could be in service by November 2014.
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Tests imply Lundin's Luno II discovery likely commercial
… bbl and is likely to be commercial, the company said. Lundin Petroleum estimates that ..... outside the two mentioned areas, the company said. The discovery well is in the southern ..... semisubmersible that drilled Luno II to the company operated PL501 for more appraisal drilling …
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BLM releases draft plan to clean up NPR-A legacy wells
… adding, "That's not the federal government 's decision to make—that's up ..... for example, BLM said. The federal government has spent nearly $86 million plugging ..... These wells were drilled by the federal government , so the cleanup is solely the responsibility …
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Shale gas find declared in NWT Pointed Mountain area
… issued best, low, and high estimates of undiscovered shale gas initially in place in Upper and Lower Besa River shales on the company 's Pointed Mountain lands of 20.6 tcf, 14.4 tcf, and 28.4 tcf, respectively. The corresponding unrisked prospective …
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House panel questions funding support for BLM to regulate fracing
… and development taking place in many formations today is greater than in the past and often occurs in closer proximity to more people ," she said. "The surface footprint is larger, the demand for water is much greater, and there is a growing body of research …
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OGJ Newsletter
… company will invest in E2, a company formed in March with the former ..... exploration and production company operating in the region ..... development proposal was given the government environmental green light last ..... from its office in Perth. The company already has extensive experience …
