Archives November 2014

Nov
26
2014

BHI: Shortened week sees 12-unit loss in US rig count

The US drilling rig count fell 12 units to 1,917 rigs working as the country headed into the Thanksgiving holiday during the abbreviated week ended Nov. 26, Baker Hughes Inc. reported. …read more Source: Oil Gas Journal   

Nov
26
2014

Boehner urged to bring BLM drilling permit processing bill to floor

Six oil and gas association presidents and officials from two major national business groups urged US House Speaker John A. Boehner to consider a Senate-approved measure extending a drilling permit processing pilot program in several US Bureau of Land Management field offices before Congress’s lame-duck session concludes. …read more Source: Oil Gas Journal   

Nov
26
2014

BSEE extends platform aviation safety proposal comment period

The US Bureau of Safety and Environmental Enforcement extended the public comment period on its proposed regulations to improve the safety of helideck and aviation fuel operations on fixed offshore facilities until Dec. 24. …read more Source: Oil Gas Journal   

Nov
25
2014

TransAtlantic completes Dadas interval in southeast Turkey

TransAtlantic Petroleum Ltd., Dallas, says it successfully completed the Dadas interval at a vertical depth of 9,650 ft in the Molla area of southeast Turkey. …read more Source: Oil Gas Journal   

Nov
25
2014

Moody’s: E&P spending to dip as crude oil prices slide

Weakening crude oil prices will cut exploration and production spending by independent producers in the US next year and make integrated oil and gas companies wary of upstream projects dependent on a price of $80/bbl, according to Moody’s Investors Service. …read more Source: Oil Gas Journal   

Nov
25
2014

MARKET WATCH: NYMEX oil prices hovering around $76/bbl

Crude oil futures prices moved narrowly in Nov. 24 trading on both New York and London markets ahead of a Nov. 27 Organization of Petroleum Exporting Countries meeting in Vienna. …read more Source: Oil Gas Journal   

Nov
25
2014

Petrobras starts production from another Santos basin FPSO

Petroleo Brasileiro SA (Petrobras) has launched production from the Cidade de Ilhabelha floating production, storage, and offloading vessel in Sapinhoa field of the Santos basin presalt. …read more Source: Oil Gas Journal   

Nov
25
2014

Worker killed in platform explosion offshore Louisiana

An explosion that occurred on Nov. 20 at the Fieldwood Energy LLC-operated West Delta 105 E offshore platform, also known as Echo, in the Gulf of Mexico, 12 miles offshore New Orleans, killed one contracted employee and seriously injuring another, according to reports from the company and US Bureau of Safety and Environmental Enforcement (BSEE). […]

Nov
25
2014

BHI: Oklahoma, Cana Woodford lead gains in this week’s rig count

A week of mostly offsetting activity saw the US drilling rig count edged up a single unit to 1,929 rigs working during the week ended Nov. 21, Baker Hughes Inc. reported. …read more Source: Oil Gas Journal   

Nov
25
2014

Keystone strategies

Politics provided an interesting sideshow to the unsuccessful, ironic, last-minute push in the 113th Congress for sanction of the Keystone XL pipeline. The oil and gas industry shouldn’t let that passing amusement distract it from what truly was at stake. …read more Source: Oil Gas Journal   

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