Archives August 2016

Aug
5
2016

BHI: North American rebound lifts global rig count for July

The average global rig count for July was up 74 units compared with the June average, largely reflecting rises in the US and Canada, according to Baker Hughes Inc. data. The June average was up 2 units, ending 9 straight monthly declines. …read more Source: Oil Gas Journal   

Aug
5
2016

EIA: US oil, gas production jobs continue decline

Despite increases in crude-oil prices since the start of the year, employment in oil and natural gas extraction and support activities continue to decline from levels reached in the fall of 2014. …read more Source: Oil Gas Journal   

Aug
4
2016

NOAA issues final guidance for ocean noise impact on marine mammals

The National Oceanic and Atmospheric Administration Fisheries Division issued final guidance to help federal agencies predict how manmade underwater sounds potentially affect marine mammals’ hearing. NOAA will use the guidance in its assessments and authorizations of offshore activities that produce underwater noise, it said on Aug. 3. …read more Source: Oil Gas Journal   

Aug
4
2016

Clayton Williams plans 10 Wolfcamp wells

Clayton Williams Energy Inc. expects to complete 10 horizontal wells this year in its 65,000-net-acre leasehold in the Delaware basin of Texas. …read more Source: Oil Gas Journal   

Aug
3
2016

Newfield further shifts focus to Oklahoma STACK play

Newfield Exploration Co., Houston, has agreed to divest all of its assets in Texas in separate deals with Protege LLC, Tulsa, and an undisclosed buyer for combined net aftertax proceeds of $390 million. The two deals are expected to close in the third quarter. …read more Source: Oil Gas Journal   

Aug
3
2016

Total starts Incahuasi field in Bolivia

Total SA and partners have started production from Incahuasi natural gas and condensate field in Bolivia and are considering further development. …read more Source: Oil Gas Journal   

Aug
3
2016

Producers urge EPA to use data collection request to learn about industry

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. …read more Source: Oil Gas Journal   

Aug
2
2016

US court backs KBR in dispute with Pemex

KBR Inc. subsidiary Commisa has won a judgement of more than $465 million in a US court in a long legal dispute with Pemex Exploration & Production (PEP) over two platforms offshore Mexico. …read more Source: Oil Gas Journal   

Aug
2
2016

Devon to boost rig count in Delaware basin, STACK play

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 output from the plays rising in early 2017. …read more Source: Oil Gas Journal   

Aug
2
2016

BPTT, Atlantic LNG sanction Troc project in Trinidad and Tobago

BP Trinidad & Tobago LLC (BPTT) and Atlantic LNG Co. of Trinidad & Tobago have sanctioned the Trinidad Onshore Compression (Troc) project, which is expected to increase BPTT’s natural gas production by an additional 200 MMscfd. …read more Source: Oil Gas Journal   

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