Archives May 2016

May
31
2016

Hydraulic fracturing stymied in Canadian East

Hydraulic fracturing remains stymied in two of Canada’s Atlantic provinces. New Brunswick has extended indefinitely a moratorium on the completion technique imposed in 2014. And an independent panel appointed that year to assess hydraulic fracturing in Newfoundland and Labrador has refused to endorse the method. …read more Source: Oil Gas Journal   

May
31
2016

COGCC outlines impacts if voters approve proposed mandatory setback

Ninety percent of Colorado’s surface acreage would be off-limits to future oil and gas development or hydraulic fracturing under a November ballot initiative that would establish a minimum 2,500 ft mandatory setback from any “occupied structure” or “area of special concern,” the Colorado Oil & Gas Conservation said in a May 27 report. …read more […]

May
30
2016

Tokens and gestures

Sometimes, it pays to fight tokenism with tokenism. US lawmakers serious about energy should defend a feature of bills passed by the House last year and the Senate last month that some will want to discard in a race for reconciliation, worried about a presidential veto. …read more Source: Oil Gas Journal   

May
30
2016

Commodity price plunge puts pressure on local governments

Some rural US communities that grew dramatically as nearby unconventional oil and gas resources were developed are facing unexpected problems since commodity prices plunged and producers scaled operations back, two Duke University researchers told a Washington audience. …read more Source: Oil Gas Journal   

May
30
2016

Study says CCS key to climate goals, fossil-energy use

Carbon capture and sequestration (CCS) technology offers more hope than generally is believed as way to allow use of fossil energy while meeting aggressive targets for mitigation of climate change, says a new report. …read more Source: Oil Gas Journal   

May
30
2016

How might the US candidates adjust stances on energy?

Relative silence on energy so far in the US presidential campaign provides a blank tablet for speculation. …read more Source: Oil Gas Journal   

May
27
2016

BSEE, BOEM issue Southern California OCS well-stimulation analysis

A comprehensive environmental analysis of 23 offshore oil and gas platforms operating on the US Outer Continental Shelf off Southern California found no significant impact from the use of well stimulation treatments there, the US Bureau of Safety and Environmental Enforcement and the Bureau of Ocean Energy Management jointly reported. …read more Source: Oil Gas […]

May
27
2016

Mubadala, Oxy withdraw from Bahrain venture

Mubadala Petroleum and Occidental Petroleum Corp. have withdrawn from Tatweer Petroleum, a joint venture formed in 2009 to redevelop Bahrain oil field, according to press reports. …read more Source: Oil Gas Journal   

May
27
2016

BHI: Unchanged at 404, US rig count ends 22-week slide

The overall US rig count heads into the Memorial Day weekend unchanged compared with the week-ago total, a sign that the US drilling segment could finally be stabilizing. …read more Source: Oil Gas Journal   

May
25
2016

Report calls for independent offshore oil and gas safety organization

A report issued by the National Academies of Science, Engineering & Medicine called on the US oil and gas industry to establish an independent organization dedicated to offshore safety and environmental protection, with no advocacy role. …read more Source: Oil Gas Journal   

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