The US Bureau of Land Management proposed regulations to ensure more accurate measurement, accountability, and royalty payments for oil and gas production from onshore federal and Indian oil and gas leases. Read more here.
A sudden 12-unit jump in oil-directed rigs during the abbreviated week ended July 2 represented their first rise since Dec. 5, 2014, and helped lift the overall US drilling rig count for a second consecutive week, according to data from Baker Hughes Inc. Read more here.
A recent range-wide aerial survey found the lesser prairie chicken population rose 25% from 2014 to 2015, the Western Association of Fish & Wildlife Agencies (WAFWA) reported. The bird’s habitat lies in five US Midcontinent states with oil and gas production. Read more here.
Petroleo Brasilierio SA (Petrobras) reported that the Cidade de Marica floating production, storage, and offloading vessel is berthed at Brasa shipyard in Niteroi, Rio de Janeiro state, Brazil for module lifting and integration following a 19,678-km trek from China. Read more here.
Emirates National Oil Co. Ltd. (ENOC), Dubai, will lower target oil production from the Cheleken area offshore Turkmenistan after acquiring full control of Dragon Oil PLC as it expands into upstream oil and gas operations.
Canada needs to connect to global LNG markets to avoid a decade of decline in natural gas production, according to the Canadian Association of Petroleum Producers (CAPP).
The first radio frequency pilot for oil recovery within an in situ reservoir is under way in the Dover area north of Fort McMurray, Alta. In a test that will last about 2 years, radio frequency technology will heat the reservoir to ease the movement of bitumen to the surface.
OAO Rosneft and Statoil ASA have jointly drilled two horizontal exploitation wells in the PK1 layer of North Komsomolskoye field, Rosneft reported.
Crude oil production in August from seven major US shale plays is expected to decline 91,000 b/d to 5.36 million b/d, according to the US Energy Information Administration’s latest Drilling Productivity Report (DPR). EIA last month also projected a 91,000 b/d decline for July.
Understanding how crude oil production in US key states has been affected by recent changes in crude oil prices and drilling activity is of great importance. Unfortunately, state-level production data published by the US Energy Information Administration and state agencies can differ, as EIA’s estimates anticipate and account for expected revisions to data collected by … Continue reading EIA’s estimates for state crude oil production to be helped by direct survey