Faroe Petroleum Norge AS has encountered 39 m of gross gas, oil-bearing reservoir (18 m and 21 m, respectively) in its Brasse well (31/7-1) in license PL740 in the Norwegian North Sea. Spudded in May, the well has been drilled to a total depth of 2,780 m. Source: News
Faroe finds oil, gas in North Sea Brasse prospect
Faroe Petroleum Norge AS has encountered 39 m of gross gas, oil-bearing reservoir (18 m and 21 m, respectively) in its Brasse well (31/7-1) in license PL740 in the Norwegian North Sea. Spudded in May, the well has been drilled to a total depth of 2,780 m. Source: News
ExxonMobil, BHP consider Bass Strait field sales
ExxonMobil Corp. and BHP Billiton Ltd. are considering selling some depleting oil and natural gas fields in Australia, including Kingfish oil field in Bass Strait. Source: News
ExxonMobil, BHP consider Bass Strait field sales
ExxonMobil Corp. and BHP Billiton Ltd. are considering selling some depleting oil and natural gas fields in Australia, including Kingfish oil field in Bass Strait. Source: News
Partnership forms for midstream ventures
Discovery Midstream Holdings LLC, partners in which are former executives of Wildcat Midstream Partners LLC, have formed a partnership with Old Ironsides Energy LLC seeking midstream infrastructure acquisitions and opportunities for greenfield development in North America. Source: News
MARKET WATCH: NYMEX oil settles just above $48/bbl on monetary policy decisions
US light, sweet crude oil prices declined for a fifth consecutive trading session June 15, settling just above $48/bbl on market participants’ jitters over a June 23 British referendum on whether to exit the European Union. Source: News
Western governors issue policy statement outlining ESA concerns
Western US governors called for closer federal cooperation with state and local governments under the Endangered Species Act. “Given the impact ESA listing decisions have on vital state interests, states should be provided the opportunity to be full partners in administering and implementing the ESA,” they said in a policy statement issued as their 2016 […]
Western governors issue policy statement outlining ESA concerns
Western US governors called for closer federal cooperation with state and local governments under the Endangered Species Act. “Given the impact ESA listing decisions have on vital state interests, states should be provided the opportunity to be full partners in administering and implementing the ESA,” they said in a policy statement issued as their 2016 […]
Swedish refinery due hydrocracking plant
Swedish refiner Preem Petroleum AB, a wholly owned subsidiary of Corral Petroleum Holdings AB, Stockholm, and US-based project developer Beowulf Energy LLC, New York, have signed a cooperation framework agreement to examine the possibility of installing a residue hydrocracking plant that will be equipped with process technology from Chevron Lummus Global LLC (CLG) at Preem’s […]
Swedish refinery due hydrocracking plant
Swedish refiner Preem Petroleum AB, a wholly owned subsidiary of Corral Petroleum Holdings AB, Stockholm, and US-based project developer Beowulf Energy LLC, New York, have signed a cooperation framework agreement to examine the possibility of installing a residue hydrocracking plant that will be equipped with process technology from Chevron Lummus Global LLC (CLG) at Preem’s […]