Archives November 2015

Nov
30
2015

FAR extends PSC offshore Senegal

FAR Ltd., Perth, has received a presidential decree allowing it to extend its current production-sharing contract offshore Senegal for a further 3 years, starting in February. …read more Source: Oil Gas Journal   

Nov
30
2015

Oil production starts from Edvard Grieg offshore Norway

Lundin Petroleum AB started oil production on Nov. 28 from Edvard Grieg field in PL338 on the Utsira High of the North Sea, about 180 km west of Stavanger. …read more Source: Oil Gas Journal   

Nov
30
2015

STEO: Annual non-OPEC oil output to decline in 2016

Oil supplies from countries outside the Organization of Petroleum Exporting Countries are forecast to decline by 300,000 b/d in 2016, after an increase of 1.1 million b/d in 2015, according to the most recent Short-Term Energy Outlook from the US Energy Information Administration. …read more Source: Oil Gas Journal   

Nov
25
2015

BHI: US rig count posts double-digit decline for second straight week

The US drilling rig count dropped 13 units to 744 despite the shortened week ended Nov. 25 due to the Thanksgiving holiday in the US, according to Baker Hughes Inc. data. The new total is the lowest since Apr. 5, 2002, and down 1,173 year-over-year. …read more Source: Oil Gas Journal   

Nov
25
2015

Woodside lets contracts for work offshore Western Australia

Woodside Petroleum Ltd. has let two geotechnical site investigation contracts to geosciences company Benthic for work offshore Western Australia. …read more Source: Oil Gas Journal   

Nov
24
2015

Eni: US entered top 10 in world oil reserves in 2014

World oil and gas reserves in 2014 showed slight growth, highlighted by reserves additions in the US in the form of tight oil, according to Eni SPA’s 14th edition of the World Oil & Gas Review, an annual statistics report on world oil and gas reserves, production, and consumption. …read more Source: Oil Gas Journal […]

Nov
23
2015

New Alberta climate plan has oil sands emissions limits, carbon tax

Saying it was past time for Canada’s major energy-producing province to start addressing climate change, Alberta Premier Rachel Notley released a climate management plan that would begin to limit oil sands emissions, broaden and improve its existing carbon pricing system, and move the province away from coal-fired power generation. …read more Source: Oil Gas Journal […]

Nov
23
2015

Ebinger: Obama administration's antifossil-fuel bias poses threat

A bias against fossil fuels because of their potential climate impacts permeates US President Barack Obama’s administration and could shorten the nation’s recent oil and gas prosperity, warned Charles K. Ebinger, who has been a prominent member of Washington’s energy community for more than 40 years. …read more Source: Oil Gas Journal   

Nov
23
2015

Business Roundtable calls for strategic approach to US energy policy

The Business Roundtable called for a more strategic approach to US energy policy that recognizes the technology-driven changes in domestic supplies and takes fuller advantage of the improved outlook as it issued a new report. …read more Source: Oil Gas Journal   

Nov
20
2015

BHI: US oil, overall rig counts each down 10

The US drilling rig count lost 10 rigs—all targeting oil—to settle at 757 rigs working during the week ended Nov. 20, according to Baker Hughes Inc. data. …read more Source: Oil Gas Journal   

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