More Unconventional News

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.

EIA: Eagle Ford, Bakken oil production to fall in April

Mar 10, 2015

US shale oil production is expected to increase by a mere 1,000 b/d from March to April, according to the Energy Information Administration’s Drilling Productivity Report (DPR), signifying a slowdown in growth caused by reduced company budgets and a shrinking rig count.

API is examining dilbit’s environmental impacts when released

Mar 10, 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 same subject.

Pennsylvania governor proposes natural gas severance tax

Mar 9, 2015

Pennsylvania Gov. Tom Wolf proposed a $29.9-billion budget on Mar. 3 that includes $2.5 billion of net tax increases for fiscal 2016, including a 5% severance tax on natural gas.

CSIS report outlines main US oil infrastructure challenges

Mar 9, 2015

The US crude oil renaissance has created strong demand for expanded US transportation systems, resulting in five primarily challenges, a recent Center for Strategic and International Studies report concluded.

Encana trims additional $700 million from 2015 capital budget

Mar 6, 2015

Encana Corp. is reducing its previously reported capital investment for 2015 by $700 million to $2-2.2 billion "to maintain a solid balance sheet and help strengthen liquidity through a low price environment."

BHI: US rig count plunges 75 units to lowest total since 2009

Mar 6, 2015

The US drilling rig count plunged 75 units—all on land—to settle at 1,192 rigs working during the week ended Mar. 6, according to data from Baker Hughes Inc.

Magnum Hunter names reservoir engineering vice-president

Mar 5, 2015

Magnum Hunter Resources Corp., Houston, has appointed Charlie Gibson as vice-president of reservoir engineering, effective. He will report to Gary C. Evans, chairman and chief executive officer.

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