The US Bureau of Land Management released a draft environmental assessment for Noble Energy Inc.’s proposal to develop as many as 89 oil wells in Colorado’s Denver-Julesburg basin. The 7,986-acre project area is in a part of the D-J basin where oil and gas have been developed over several decades,
The US should better prepare itself to use its new energy abundance as a geopolitical tool by jettisoning obsolete policies and broadening access for potential overseas customers, two US Senators recommended.
850,000 net acres of undeveloped oil and gas rights. The company has committed to the financial carry of the remaining 50% of Mobil Erdgas ..... agreement is expected to close Jan. 1, 2016. At present, the company has identified 75 exploration leads in the Rotliegend, Carboniferous
PA Resources Tunisia has submitted Tunisian authorities a plan of development for Zarat field that outlines a multiphase joint venture between PA Resources and L’Entreprise Tunisienne d’Activites Petrolieres (ETAP).
explosion, Tawke was producing an average 157,000 b/d. Of that, 134,000 b/d was transferred to the Kurdistan Regional Government (KRG) for export, and 20,000 b/d was sold locally. DNO is processing 3,500 b/d at its Tawke refinery. In a statement
OAO Rosneft and ExxonMobil Corp. filed joint bids to participate in the fifth licensing round organized by Mozambique’s Institute of National Petroleum.
will purchase one third of the voting rights of Showa Shell Sekiyu, Tokyo, from subsidiaries of Royal Dutch Shell PLC . The company said it has conducted merger discussions with Showa Shell and “would like to advance these merger discussions even further
quarter Utica shale production in Ohio accounted for 97% of its overall net production compared with 79% a year earlier. The company ’s net production in the Utica shale was 457.6 MMcfd of natural gas equivalent. Its companywide production of 473.9
The price for light, sweet crude oil for September delivery rose modestly on the New York market July 29 after a weekly US Energy Information Administration showed an estimated decline in crude oil supplies.
The Texas Petro Index (TPI) for June indicates that crude oil and natural gas production and jobs estimates in the Lone Star State increased from May despite the unfavorable economic climate.