The benefits are numerous and have a considerable and long-term impact a region, as demonstrated by the success in existing global storage hubs in fostering investment and growth. Mont Belvieu storage hub on the U.S. Gulf Coast is an example. They are in use globally such as in Rotterdam, Netherlands, Singapore and Al Jubail Saudi
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Last Friday the Federal Energy Regulatory Commission (FERC) issued a final approval for Williams’ Northeast Supply Enhancement (NESE) pipeline project by a vote of 3-1 (full copy below). The only remaining regulatory
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. “In our exploration and production business, even though we achieved our highest ever average daily production rate this past quarter, we were expecting more. It’s a slight disappointment that we modestly lowered
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Gulfport Energy, one of the biggest drillers in the Ohio Utica Shale (210,000 acres) with record production in the Utica last year, announced last week (as part of its first quarter update)
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Dominion Energy, a huge (one of the biggest) gas and electric utilities (and power generator) in the U.S., as well as a major pipeline company, issued its first quarter 2019 update last
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. This is a glittering example of how people who fancy themselves as “smart” are actually quite stupid. The so-called political leaders of Philadelphia are commissioning a study (paid for by Mike Bloomberg)
Read More...JUBA, South Sudan–South Africa’s state-owned oil company Strategic Fuel Fund (SFF) will own and operate Block B2; In 2018, South Africa agreed to invest US$1 billion into South Sudan’s energy infrastructure; South Sudan has the third-largest oil reserves in sub-Saharan Africa, estimated at 3.5 billion barrels, with just 30% of the country explored. South Africa
Read More...International oilfield services company, Expro, has expanded its subsea intervention capabilities, introducing two new well access solutions in addition to its established subsea landing string system technologies. The Intervention Riser System (IRS) will safely establish and maintain well access throughout riser to surface operations, replicating the functionality of the blow-out preventer and providing a safe
Read More...Oilfield technology firm Airborne Oil & Gas and engineering company SÍMEROSTechnologies have signed a collaboration agreement which aims to deliver the first qualified Thermoplastic Composite Pipe (TCP) Risers in the deepwater region Brazil. Last year, Airborne Oil & Gas commenced its TCP Riser qualification program. The technology is believed to be a world first for fully
Read More...BP Plc on May 6 announced new production units in the Gulf of Mexico, enhancing its standing as the largest producer there at a time when rival global oil majors are scrambling to expand vast U.S. onshore shale drilling. U.K.-based BP will add two new subsea production units about two miles (3.2 km) south of
Read More...Occidental Petroleum, continues to tinker with its offer to buy Anadarko Petroleum, late Sunday putting a revised bid in front of the independent producer, offering mostly cash as it looks to wrest its prey from Chevron, Kallanish Energy reports. Oxy is still offering to buy Anadarko for $76 a share, but would now pay 78% in
Read More...E&P companies reported mixed first-quarter results despite a rebound in crude oil prices from the decline at the end of 2018. Continental Resources Inc., Concho Resources Inc., Devon Energy Corp., Encana Corp. and Antero Resources Corp. are among E&Ps that have reported results so far this earnings season. This post appeared first on Hart Energy.
Read More...Kelsey MulacCabot Oil & GasExternal Affairs, Pittsburgh … … Let’s put aside the bitter, miserable opposition of fractivists for a moment and reflect again the humorous nature of laughable oil and gas lingo, shall we? We had previously posted a well-received blog post (also reposted here at NaturalGasNow) about the oil and gas lingo that
Read More...Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about Marcus Hook, emissions, Venezuela and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH station! Gem 104 helps
Read More...Crude oil prices inched up Friday, as strong U.S. economic data boosted demand feelings, and as production drops in sanctions-hit Iran and Venezuela tightened the market, Kallanish Energy reports. Oil futures posted weekly declines on a jump in U.S. crude inventories reported recently. U.S. West Texas Intermediate crude futures settled 13 cents higher, at $61.94 per
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