Devon STACK spacing test flows 1,400 boe/d/well

Devon Energy Corp.’s Alma spacing pilot in the overpressured oil window of the Oklahoma STACK play tested five wells per section across a single interval in the Mississippian Upper Meramec, delivering 30-day production rates averaging 1,400 boe/d/well, of which 60% was light oil. Source: News


Devon STACK spacing test flows 1,400 boe/d/well

Devon Energy Corp.’s Alma spacing pilot in the overpressured oil window of the Oklahoma STACK play tested five wells per section across a single interval in the Mississippian Upper Meramec, delivering 30-day production rates averaging 1,400 boe/d/well, of which 60% was light oil. Source: News


PPL’s Gambat South well yields possible tight gas discovery

The Pakistan Petroleum Ltd.-operated Hadi X-1A exploration well, located on the Gambat South block in the Sanghar district of Pakistan’s Sindh province, flowed 0.85 MMscfd on a 32/64-in. choke, confirming the presence of natural gas. Source: News


Qatar lets contract for Oryx GTL plant

Oryx GTL, a joint venture of state-owned Qatar Petroleum 51% and Sasol Ltd. of Johannesburg 49%, has let a contract to a division of SNC-Lavalin Group Inc., Montreal, to provide long-term engineering and support services for its gas-to-liquids (GTL) complex at Ras Laffan Industrial City, Qatar. Source: News


Qatar lets contract for Oryx GTL plant

Oryx GTL, a joint venture of state-owned Qatar Petroleum 51% and Sasol Ltd. of Johannesburg 49%, has let a contract to a division of SNC-Lavalin Group Inc., Montreal, to provide long-term engineering and support services for its gas-to-liquids (GTL) complex at Ras Laffan Industrial City, Qatar. Source: News


MARKET WATCH: NYMEX oil, natural gas prices drop

Oil prices dropped to settle above $45/bbl on the New York market July 18 while the near-month natural gas futures price also fell on what analysts called lingering concerns about a gas storage surplus. Source: News


MARKET WATCH: NYMEX oil, natural gas prices drop

Oil prices dropped to settle above $45/bbl on the New York market July 18 while the near-month natural gas futures price also fell on what analysts called lingering concerns about a gas storage surplus. Source: News