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How to overcome casing flotation limitations to access the full wellbore

How to overcome casing flotation limitations to access the full wellbore

Running casing to depth in long lateral sections is challenging, often costing operators a significant portion of pay zone at the toe of the well. This article highlights a technology that helped one operator add $120,000 to its incremental gas recovery.

MARKET WATCH: Crude benchmarks fall after Bolton firing

Crude oil benchmarks fell in New York and London markets Sept. 10 after US President Donald Trump fired US National Security Advisor John Bolton, which at least one analyst suggests could be a move toward easing US-Iran relations.

190910 Eia Steo Chart

EIA continues to lower oil price, demand growth forecasts

In its September Short-Term Energy Outlook, the US Energy Information Administration reduced its 2019 Brent crude oil price forecast to $63/bbl, which is $2/bbl lower than in its August STEO.

MARKET WATCH: Crude benchmarks gain more than $1/bbl

Crude oil benchmarks rose by more than $1/bbl in New York and London markets Sept 9 largely on news that Saudi Arabia had appointed Prince Abdulaziz bin Salman as its energy minister.

Alberta starts promised review of AER

The Alberta government has begun a review of the Alberta Energy Regulator, a campaign promise of Premier Jason Kenney. It also has replaced AER board members with interim directors with oil and gas expertise.

MARKET WATCH: NYMEX, Brent crude oil prices close week with gain

Light, sweet crude oil gained modestly to close above $56/bbl for both October and November delivery on the New York market Sept. 6 while Brent for November delivery gained in London to close above $61/bbl.

Rosneft, Japan to study energy cooperation prospects

Rosneft and Japan’s Agency for Natural Resources and Energy signed a memorandum creating a joint coordinating committee to examine participation in joint projects for the exploration and development of oil and gas fields and petrochemicals.

IER lawsuit alleges USDA withholding RFS documents

The Institute for Energy Research has sued the USDA to compel the department to release certain documents the public policy group sought in April out of concern that the department is interfering with a key Renewable Fuel Standard regulatory process.

EIA: US crude inventories down 4.8 million bbl

US crude oil inventories for the week ended Aug. 30, excluding the Strategic Petroleum Reserve, decreased by 4.8 million bbl from the previous week, according to data from the US Energy Information Administration.

MARKET WATCH: Brent for November approaches $61/bbl

Brent crude oil on the London market rose to approach $61/bbl on Sept. 5 while light, sweet crude prices gained only slightly in New York after having rallied more than $2/bbl the previous day.

Papua New Guinea validates Papua LNG gas agreement

Papua New Guinea’s National Executive Council (NEC) has cleared the way for the Total SA-led joint venture to proceed with implementation of the Papua LNG project following many perceived gains for the country by the government’s negotiating team.

Resist harmful ethanol mandates, refining executives urge Trump

Three US refining executives called on US President Donald Trump to avoid ethanol policies that potentially could harm US oil products production.

Tullow Ugandan project farm-down agreement to expire

Tullow Oil PLC said its final investment decision for the Lake Albert joint venture development in Uganda will likely be delayed as a farm-down agreement with Total SA and CNOOC will expire Aug. 29 and the agreement terminated.

EPA mulls exempting some oil, gas operations from emissions rules

The US Environmental Protection Agency proposed removing oil and gas transmission and storage operations from regulations under federal New Source Performance Standards.