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The Canadian Association of Petroleum Producers greeted the United Conservative Party’s Apr. 16 election victory in Alberta by saying it is “encouraged by Premier-elect Jason Kenney’s commitment to the oil and natural gas industry.”

Light sweet crude prices on the New York market and Brent crude prices on the London market both fell to settle lower Apr. 17 despite the US Energy Information Administration’s weekly inventory report that showed the first weekly decline in US crude supplies in a month.

Chrysaor E&P Ltd. has agreed to purchase the United Kingdom oil and gas business of ConocoPhillips for $2.675, increasing Chrysaor’s pro forma 2018 production to 177,000 boe/d to become one of the largest oil and gas producers in the UK North Sea.

The US drilling rig count dropped 10 units to reach 1,012 rigs working for the week ended Apr. 18, according to Baker Hughes data. The count is down 1 unit from the 1,013 rigs working this time a year ago.

Colorado’s Senate sent a reworked SB 181 with House amendments to Gov. Jared Polis (D) for his signature on Apr. 3 by a 19-16 vote. Officials from the Colorado Oil & Gas Association and the Colorado Petroleum Council jointly said that they continue to oppose the measure despite some improvements in it.


RT @AnteroResources: Appalachian producers like Antero have helped the region break production records and boost local economies. https://t

WV’s Natural Gas Industry Committed to Reducing Emissions - West Virginia Oil and Natural Gas Association https://t.co/FoHCuY1fXI

RT @MarcellusGas: Penn State researchers: Methane emissions from gas wells & infrastructure in the 'mighty Marcellus Shale' are just a tiny…