Stone Energy Corp., Lafayette, La., shut-in production from Mary field in Appalachia on Sept. 1, citing “unacceptable” operating margins caused by low commodity pricing—including negative differentials in the region—along with fees for transportation, processing, and gathering. Source: News
Forum: N. America should develop further as global energy leader
North America has become a “global energy powerhouse” in the 20 years since the North American Free Trade Agreement (NAFTA) was implemented, and the continent now has a “tremendous opportunity” to further leverage its position globally by improving efficiency, collaboration, and connectivity, a speaker noted at a Sept. 24 event hosted by the James A. […]
Ichthys field development progresses with CPF launch
The central processing facility (CPF) for the Inpex-Total joint venture’s Ichthys gas-condensate field in the Browse basin offshore Western Australia has been successfully launched from its dry dock construction site in South Korea. In April, contractors completed the first topside module lifts onto the CPF and the floating production, storage, and offloading facility. Source: […]
Venezuela gas from Loran-Manatee to be processed at Point Fortin LNG
Venezuela has signed an agreement with neighboring Trinidad and Tobago to send its portion of the natural gas being developed and produced from giant Loran-Manatee field to the twin-island nation for processing as LNG. Loran-Manatee field lies along the two countries’ maritime border. Source: News
MARKET WATCH: NYMEX oil prices climb modestly on Yellen’s interest-rate comments
The crude oil contract for November delivery gained modestly to close at just under $45/bbl on the New York market Sept. 24 following a speech by Federal Reserve Chair Janet Yellen in which she said the US economy was strong enough to support an interest-rate increase later this year. Source: News
PBF Energy restarts FCC, advances maintenance at Delaware
PBF Energy Inc., Parsippany, NJ, has restarted the fluid catalytic cracker (FCC) at its 190,000-b/sd refinery in Delaware City, Del., after an Aug. 21 fire at the unit resulted in its complete shutdown (OGJ Online, Aug. 21, 2015). Source: News
Total lets contract for proposed Texas steam cracker
Total Petrochemicals & Refining USA Inc., a subsidiary of Total SA, has let a contract to CB&I, Houston, to provide front-end engineering and design (FEED) services and technology licensing for its previously announced proposal to build a steam cracker to be tied in with its existing operations at the US Gulf Coast (OGJ Online, May […]
Husky Energy increases thermal production at Rush Lake
Husky Energy Inc. said its Rush Lake heavy oil thermal project in Saskatchewan exceeded nameplate capacity of 10,000 b/d a month after startup of production (OGJ Online, July 17, 2015). Source: News
Santos-led Gladstone LNG project on stream
The Santos Ltd.-operated Gladstone LNG project on Curtis Island, Queensland, has been brought on stream on schedule and on budget. Source: News
Ohio court orders fracing ban vote back on Youngstown ballot
The Ohio Supreme Court has cleared the way for Youngstown voters to vote again on a fracturing ban in November even though such an amendment, if approved, could be deemed unconstitutional by courts later. Source: News