One month after massive wildfires forced evacuations in northern Alberta, oil companies are slowly resuming operations. Source: News
NPD: Statoil wildcat finds gas, condensate near Oseberg South
The Norwegian Petroleum Directorate said a wildcat drilled in the North Sea by Statoil Petroleum AS found natural gas and condensate with a preliminary estimate of 1-3 million cu m of gas equivalent recoverable. Source: News
USGS estimates Colorado’s Mancos shale to hold 66 tcf of gas
The Mancos shale of the Piceance basin in Colorado holds mean undiscovered, technically recoverable resources of 66 tcf of shale natural gas, 74 million bbl of shale oil, and 45 million bbl of NGLs, according to an updated assessment by the US Geological Survey. Source: News
Saipem appoints Bozzini to chief financial officer post
Saipem has appointed Giulio Bozzini as chief financial and strategy officer. Currently head of planning and control at Eni SPA, Bozzini previously worked in numerous managerial roles for Saipem SPA. Source: News
Eni Portugal lets contract for Saipem drillship
Eni Portugal BV let a contract to Saipem SPA for the Saipem 12000 ultradeepwater drillship, which will operate offshore Portugal starting in this year’s third quarter. Source: News
MARKET WATCH: NYMEX oil price falls but settles above $50/bbl
The light, sweet crude oil contract for July delivery settled at $50.56/bbl, down 67¢ on June 9 after having reached above $51/bbl earlier in the week. Source: News
10 Jun 2016 10:10:48 EDT – The latest stock information is now available for your stocks
XOM Last 90.48 Change –0.19 % Change 0.21% Volume 1,757,662 As of: 10 Jun 2016 10:10:48 EDT View: Stock Quote | News CVX Last 102.36 Change –0.45 % Change 0.44% Volume 1,690,672 As of: 10 Jun 2016 10:10:48 EDT View: Stock Quote | News COP Last 45.74 Change –0.83 % […]
9 Jun 2016 16:00:00 EDT – The latest stock information is now available for your stocks
XOM Last 90.67 Change –0.12 % Change 0.13% Volume 8,974,331 As of: 9 Jun 2016 16:00:00 EDT View: Stock Quote | News CVX Last 102.81 Change –0.28 % Change 0.27% Volume 4,242,799 As of: 9 Jun 2016 16:00:00 EDT View: Stock Quote | News COP Last 46.57 Change –0.92 % […]
Baltim SW-1 well finds gas in East Nile Delta
The Baltim SW-1 exploration well in the Baltim South development lease of the East Nile Delta reached a total depth of 3,750 m in 25 m of water, encountering 62 m of net gas pay in high-quality Messinian sandstones, partners Eni SPA and BP PLC reported. Source: News
Sustained low prices may make producing countries reform, panel says
Continuing lower crude oil and natural gas prices could make many Middle Eastern and Central Asian producing countries’ governments consider serious institutional reforms, speakers at a Washington forum generally agreed. Source: News