More Unconventional News

Deck named senior VP of EnLink Midstream

Mar 27, 2015

Andrew A. Deck has been appointed senior vice-president of the Permian basin of EnLink Midstream, Dallas.

Analysts: Oil industry dealing with downturn better than years’ past

Mar 26, 2015

Investment bankers and analysts entrenched in the oil and gas industry say US companies have so far staved off the major negative impacts of the current industry downturn better than previous downturns by acting more proactively and aggressively.

Canadian oil industry jobs, revenues plunge

Mar 26, 2015

The Canadian oil industry will shed nearly 8,000 jobs this year as revenues fall by $43 billion (Can.) in response to the plunge in oil prices, predicts the Conference Board of Canada.

DOE report identifies deficiencies in crude oil analysis techniques

Mar 25, 2015

A US Department of Energy report found gaps in important crude oil characterization data, uncertainty about how to best sample and analyze crude to ensure its properties are determined accurately, and deficiencies in understanding how a crude’s properties affect its potential to accidentally ignite, combust, and explode.

Barclays: New fracturing regs will have limited effect on US oil, gas output

Mar 23, 2015

A recent US rule about hydraulic fracturing on federal and tribal lands will have limited effect on existing US oil and natural gas production, said a Barclays Research analyst in New York.

Alberta introduces oil sands environmental requirements

Mar 23, 2015

Alberta introduced new requirements to control tailings ponds and regulate water use from the Athabasca River as part of the Canadian province's efforts to reduce oil sands development impacts.

BHI: US rig count plunges in 15th straight week, spurred by offshore dropoff

Mar 20, 2015

The US drilling rig count fell 56 units—41 of which targeted oil—to settle at 1,069 rigs working during the week ended Mar. 20, capping off the 15th consecutive week in declines, according to data from Baker Hughes Inc.

DOI issues final rule for fracing on public, tribal lands

Mar 20, 2015

The US Department of the Interior issued a long-anticipated final rule to govern hydraulic fracturing of onshore oil and gas wells on public and tribal lands. Officials said the regulations will improve safety and help protect groundwater by updating requirements for wellbore integrity, wastewater disposal, and public disclosure of chemicals.

Transco files FERC application for Dalton expansion project

Mar 20, 2015

Transcontinental Gas Pipe Line Co. LLC (Transco), a wholly owned subsidiary of Williams Partners LP, has filed an application with the US Federal Energy Regulatory Commission for its Dalton expansion project, which would transport Marcellus shale gas to the US Southeast for electric power generation and local natural gas distribution.

Anadarko joins Magellan, PAA to build Saddlehorn system

Mar 19, 2015

Magellan Midstream Partners and Plains All American Pipeline LP reported that a wholly owned subsidiary of Anadarko Petroleum Corp. has exercised its option to purchase a 20% equity interest in Saddlehorn Pipeline Co. As a result of the announcement, Saddlehorn’s equity ownership would be Magellan 40%, PAA 40%, and Anadarko 20%.

Nexen to cut 400 jobs in North America, UK

Mar 18, 2015

Nexen Energy ULC, a wholly owned subsidiary of CNOOC Ltd., has reported organizational changes that will result in the reduction of 340 jobs in North America and 60 jobs in the UK, spurred by the decline in crude oil prices.

Quicksilver files for bankruptcy protection, plans to continue operations

Mar 18, 2015

Quicksilver Resources Inc., Ft. Worth, and its US subsidiaries have filed for Chapter 11 bankruptcy protection in Delaware amid the industry-wide fallout from depressed crude oil prices. Operations across the company’s subsidiaries are expected to continue through the Chapter 11 process.

Alberta introduces oil sands environmental requirements

Mar 16, 2015

Alberta introduced new requirements to control tailings ponds and regulate water use from the Athabasca River as part of the Canadian province’s efforts to reduce oil sands development impacts.

Watching Government: NWT make plans

Mar 16, 2015

Canada's Northwest Territories sit on trillions of cubic feet of natural gas, yet many of its 43,000 residents pay more than they should to heat their homes each winter because they have to rely on diesel fuel.

API examining environmental impacts of dilbit when released

Mar 16, 2015

The American Petroleum Institute is studying the properties of diluted bitumen (dilbit) and expects to develop findings about how oil sands crude behaves when it is accidentally released, API Pipeline Director Peter Lidiak told a National Academies hearing on the subject.

BHI: US rig count down in 14th straight week, loses 67 units

Mar 13, 2015

The US drilling rig count plunged 67 units—64 on land and 56 targeting oil—to settle at 1,125 rigs working during the week ended Mar. 13, according to data from Baker Hughes Inc.

USGS: More data needed to grasp fracing’s water-quality risks

Mar 13, 2015

More data and research will be necessary to better understand potential water-quality risks associated with US unconventional oil and gas resource development, a recent US Geological Survey study concluded.

Prosper files OSCA application for Rigel oil sands project

Mar 13, 2015

Prosper Petroleum Ltd., Calgary, has filed an Oil Sands Conservation Act application with Alberta Energy Regulator for the Rigel oil sands project.

Oil Climate Index measures 30 global crudes’ environmental impacts

Mar 12, 2015

Researchers at the Carnegie Endowment for International Peace, Stanford University, and the University of Calgary unveiled the first Oil Climate Index to compare various crude oils’ environmental impacts from the wellhead to the consumer.

Husky reports start of production from Sunrise oil sands project

Mar 11, 2015

Husky Energy Inc., Calgary, reported the start of production at the first of two 30,000-b/d plants at the in situ Sunrise Oil Sands Project in northeastern Alberta.

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