More Unconventional News

North Dakota tentatively approves higher level of radioactivity in oil waste

Aug 12, 2015

The North Dakota State Health Council voted unanimously Aug. 11 to adopt rules that would permit waste, including oil field waste, containing radioactivity levels of up to 50 picocuries/g of technologically enhanced radioactive material to be disposed at approved landfills.

EIA: US crude output declines to continue through mid-2016

Aug 11, 2015

Total US crude oil production declined 100,000 b/d in July compared with June, and is expected to continue decreasing through mid-2016 before growth resumes late in 2016, according to the US Energy Information Administration’s most recent Short-Term Energy Outlook (STEO).

KMI starts Powder River deliveries on Double H pipeline

Aug 11, 2015

Kinder Morgan Inc. (KMI) has begun receiving Powder River basin crude oil into its Double H pipeline system via a newly constructed connection near Douglas, Wyo., increasing system capacity to about 99,000 b/d. KMI said further expansion is possible as the Bakken shale and Power River basin grow.

EIA: US shale oil output to drop 93,000 b/d in September

Aug 10, 2015

Crude oil production in September from seven major US shale plays is expected to decline 93,000 b/d to 5.27 million b/d, according to the US Energy Information Administration’s latest Drilling Productivity Report (DPR). EIA previously projected 91,000-b/d declines for both July and August.

Keyera takes 50% stake in portion of Grand Rapids pipeline

Aug 10, 2015

Keyera Corp. has agreed to acquire 50% interest in the southernmost section of the 20-in. diluent Grand Rapids pipeline, entering into a 50-50 joint venture with the Grand Rapids Pipeline Limited Partnership, a 50-50 JV of TransCanada Corp. and PetroChina Co. Ltd. Canadian subsidiary Brion Energy Corp.

BHI: Boosted by another gain in oil rigs, total US rig count rises 10 units

Aug 7, 2015

The overall US drilling rig count gained 10 units during the week ended Aug. 7 to reach a total of 884 rigs working, according to data from Baker Hughes Inc. A total of 27 units has now gradually come online since the week ended June 19.

Yankowsky named executive VP, COO of Magnum Hunter

Aug 7, 2015

Magnum Hunter Resources Corp. has appointed Keith Yankowsky as executive vice-president and chief operating officer, effective Sept. 1. He will report directly to Gary C. Evans, chairman and chief executive officer.

Second-quarter net losses abound for US E&P firms

Aug 7, 2015

Reports of second-quarter losses continued this week for US exploration and production firms, following suit as both ConocoPhillips and Hess Corp. published net losses a week ago.

ExxonMobil continues Midland basin leasehold expansion

Aug 6, 2015

ExxonMobil Corp. has executed two agreements to obtain horizontal development rights in 48,000 acres in the core of the Midland basin. Neither the seller nor the purchase price was disclosed.

NextEra to acquire South Texas gas lines

Aug 5, 2015

NextEra Energy Partners LP, Juno Beach, Fla., has agreed to acquire natural gas pipelines in South Texas from privately held NET Midstream for $2.1 billion.

ETP launches open season for Delaware Pipeline

Aug 5, 2015

Energy Transfer Partners LP, Dallas, reported that its affiliate, ETP Crude LLC, will launch a binding open season for the Delaware basin crude gathering pipeline with the capacity to accept 120,000 b/d of oil from receipt points in Reeves County, Tex., and Lea County, NM, for transport to Loving County, Tex., and Lea County.

PwC: Midstream boosts 2Q M&A activity in US oil, gas industry

Aug 5, 2015

The US oil and gas industry experienced an uptick in second-quarter mergers and acquisitions compared with the first quarter, facilitated by heightened interest in midstream deals, according to a quarterly report of announced US transactions with value greater than $50 million.

Energy Institute guide explains UK shale gas

Aug 5, 2015

The Energy Institute (EI), London, has published a 20-page guide to shale gas, aiming, it says, “to bring scientific and technical accuracy to the debate” over development of natural gas from shales in the UK.

Oklahoma reduces wastewater disposal well volumes in Oklahoma, Logan counties

Aug 5, 2015

The Oklahoma Corporation Commission’s Oil & Gas Conservation Division (OGCD) announced plans to reduce oil and gas wastewater disposal well volume in a proscribed area of northern Oklahoma County and southern Logan County to try and reduce earthquakes.

ExxonMobil plans capacity expansion at Texas refinery

Aug 4, 2015

ExxonMobil Corp. is planning a 20,000-b/d capacity expansion at its 345,000-b/d refinery in Beaumont, Tex., to accommodate increased processing of US light crudes.

Rangeland forms new midstream partnership

Aug 4, 2015

Rangeland Energy, Sugar Land, Tex., has received a $300 million equity commitment from EnCap Flatrock Midstream and formed Rangeland Energy III LLC “to pursue new midstream opportunities in resource plays across North America.”

BHI: Overall US rig count drops slightly, but oil rigs continue rise

Jul 31, 2015

A week after jumping by its highest margin since April 2014, the overall US drilling rig count lost 2 units during the week ended July 31 to settle at 874, according to data from Baker Hughes Inc.

Athabasca’s Hangingstone SAGD project starts oil production

Jul 31, 2015

Athabasca Oil Corp. said the Hangingstone 1 steam-assisted gravity drainage (SAGD) oil sands project in Alberta started oil production in July with six well pairs converted to production.

Junex spuds fifth well on Quebec’s Galt prospect

Jul 31, 2015

Junex Inc. has spudded the Galt No. 5 as a follow up to its Galt No. 4 that came in at more than 300 bo/d in January.

BLM issues draft EA for Noble Energy’s latest DJ basin oil project

Jul 30, 2015

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, it noted.

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