“It’s a huge, positive step for the project. It’s also an endorsement of some of the things that we believe, that t… https://t.co/AKdMpW2j7s
Oil & Gas Journal Archive
- Christian elected chairman of Texas RRC
- Anadarko sanctions Mozambique LNG project
- Leaseholders told to recalculate royalties under 2016 rule
- PTTEP agrees to acquire Partex Holdings
- ConocoPhillips to acquire Nuna discovery acreage
- Roberts named Stakeholder Midstream COO
- Lime Rock to buy certain Oklahoma assets from BP
- MARKET: Brent crude falls more than $1/bbl
- ONGC moves 35 rigs ahead of monsoon season
- DRBC approves dock, adds products to Gibbstown project
- MARKET: Brent for August tops $62/bbl
- Baker Hughes: US rig count down 6 units to 969
- WoodMac: Argentina LNG poised to meet Asian demand
- IEA consecutively cuts oil demand growth forecast
- Husky fined for 2016 Saskatchewan oil spill
Devon Energy Corp., Oklahoma City, now says it plans to add as many as 7 operated rigs to its acreage in the STACK play of Oklahoma and Delaware basin of Texas during the second half, with resulting incremental production seen in early 2017.
The light, sweet crude oil price for September settled below $40/bbl on the New York market Aug. 2 pending release of a weekly government report showing US crude oil and product supplies.
The Independent Petroleum Association of America, American Exploration & Production Council, and 47 other US oil and gas trade associations urged the US Environmental Protection Agency to use its recent data collection request to learn more about the industry’s concerns and challenges.
US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, increased 1.4 million bbl during the week ended July 29 compared with the previous week’s total, according to the US Energy Information Administration’s Petroleum Status Report.