San Leon Energy PLC, Dublin, reported that the Rawicz-15 development well on the 742-sq-km Rawicz concession in Poland’s southern Permian basin was stimulated and flowed at an average rate of more than 3.6 MMscfd over the main flow period of several days. Source: News
BOEM schedules public meetings about 2017-22 OCS plan’s draft EIS
The US Bureau of Ocean Energy Management scheduled three public meetings to receive input on the draft programmatic environmental impact statement covering oil and gas lease sales in the 2017-22 US Outer Continental Shelf program it is preparing. Source: News
India eases regulation of crude imports
State-owned refiners in India have been empowered to develop their own policies for importing crude oil. Source: News
DCP Midstream sheds 300 jobs
DCP Midstream LLC, the Denver-based 50-50 joint venture of Phillips 66 and Spectra Energy Corp., has cut 300 operational and corporate roles, or 10% of its workforce, across its 17-state footprint. Source: News
Aminex achieves first gas from Tanzanian Kiliwani North field
Aminex PLC subsidiary Ndovu Resources Ltd. has started gas production from its Kiliwani North field on Songo Songo Island, 15 km off mainland Tanzania. Source: News
7 Apr 2016 12:59:38 EDT – The latest stock information is now available for your stocks
XOM Last 82.27 Change –1.04 % Change 1.25% Volume 3,844,893 As of: 7 Apr 2016 12:59:38 EDT View: Stock Quote | News CVX Last 94.57 Change –0.27 […]
Mechanical issues halt production at Gorgon LNG
Chevron Australia Pty. Ltd. reported on Apr. 6 that LNG production at the Gorgon project on Barrow Island offshore northwestern Western Australia has been temporarily halted due to mechanical issues with the propane refrigerant circuit on Train 1 at the plant site. Source: News
CAPP: Capital spending in Canadian upstream to decline in 2016
The Canadian Association of Petroleum Producers (CAPP) said total capital spending in upstream oil and natural gas operations in Canada is forecast to decline to $31 billion in 2016. Spending reached $81 billion in 2014. Source: News
7 Apr 2016 11:57:37 EDT – The latest stock information is now available for your stocks
XOM Last 82.33 Change –0.98 % Change 1.18% Volume 3,085,647 As of: 7 Apr 2016 11:57:37 EDT View: Stock Quote | News CVX Last 94.51 Change –0.33 […]
MARKET WATCH: NYMEX, Brent oil prices jump after US inventory drops
Light, sweet crude oil prices for May delivery jumped $1.86 during Apr. 6 trading to close at $37.75/bbl after the weekly inventory report showed US crude oil supplies fell by an estimated 4.9 million bbl for the week ended Apr. 1 compared with the previous week. Source: News