Archives May 2013

May
31
2013

US drilling rig count climbs 9 units to 1,771

By OGJ editors The US drilling rig count was up 9 units during the week ended May 31, reaching a total of 1,771 rotary rigs working, Baker Hughes Inc. reported. …read more Source: Oil Gas Journal  

May
31
2013

Statoil accepts Gullfaks C incident fine

By OGJ editors Statoil has accepted a 30-million kroner ($5.1-million) fine imposed earlier this year by a public prosecutor for Rogaland County, Norway, in connection with a May 2010 well-control problem at its Gullfaks C platform in the North Sea. …read more Source: Oil Gas Journal  

May
30
2013

Northwest Territories: MGM relinquishes licenses

By OGJ editors MGM Energy Corp., Calgary, said it has surrendered its exploration licenses in Canada’s Central Mackenzie Delta region, where the company had been exploring for hydrocarbons in shale formations. …read more Source: Oil Gas Journal  

May
29
2013

CERI: Oil sands costs up 6.3-13.2% in year

By OGJ editors The estimated cost of producing bitumen in Canada has increased by 6.3-13.2% in the past year, depending on the production method, according to the Canadian Energy Research Institute. …read more Source: Oil Gas Journal  

May
29
2013

EnQuest to acquire interests off Tunisia

By OGJ editors EnQuest PLC, London, has agreed to acquire 70% participating interests in the oil-producing and development assets of PA Resources AB in the Gulf of Gabes offshore Tunisia and will become operator. …read more Source: Oil Gas Journal  

May
28
2013

TRC updates oil, gas well construction rules

By Paula Dittrick The Texas Railroad Commission has amended well construction requirements rule to clarify oil and gas well construction requirements related to casing, cementing, drilling, well control, and completions. …read more Source: Oil Gas Journal  

May
28
2013

Marathon Oil says no sale on share of Athabasca oil sands

By OGJ editors Marathon Oil Corp. said negotiations to sell its 20% interest in the Athabasca oil sands project have ended without any agreement being reached. …read more Source: Oil Gas Journal  

May
28
2013

Montana: Magellan eyes carbon dioxide pilot at Poplar field

By OGJ editors Magellan Petroleum Corp., Denver, said it could eventually add 50 million bbl of oil reserves to its books by bringing an existing oil field at Poplar, Mont., to full-scale carbon dioxide enhanced oil recovery operation. …read more Source: Oil Gas Journal  

May
28
2013

Alberta: CAODC hikes forecast after first quarter drilling

By OGJ editors The Canadian Association of Oilwell Drilling Contractors has hiked its forecast of 2013 drilling in western Canada 2.3% to 10,649 wells based on first quarter performance that was stronger than expected in the association’s November 2012 forecast. …read more Source: Oil Gas Journal  

May
27
2013

DOI releases revised proposal to regulate hydraulic fracturing

By Nick Snow The US Department of the Interior released a revised proposal to regulate hydraulic fracturing on public and Indian lands that it said would maintain important safety standards, improve integration with existing state and tribal rules, and increase flexibility for oil and gas producers. …read more Source: Oil Gas Journal  

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