UK operator seeks fracing permit in North Yorkshire

Barclays-owned Third Energy seeks to hydraulically fracture and test a preexisting well in Kirby Misperton in North Yorkshire, UK. The county council overseeing this development has announced the company’s application will be considered on May 20, which will include a site visit before the meeting. Source: News


PwC US: First-quarter US oil, gas M&A deal value down 19% vs. 2015

Merger and acquisition activity in the US oil and gas industry held steady while deal values were down during this year’s first quarter compared with first-quarter 2015, according to the latest analysis by PwC US. Source: News


North West Shelf JV to take Equus gas

The Woodside Petroleum Ltd.-led North West Shelf project participants have entered the front-end engineering and design phase with Hess Exploration Australia to process gas from the undeveloped Equus gas fields that lie within Hess’s WA-390-P permit in the Carnarvon basin offshore Western Australia. Source: News


EIA: US crude stocks up 2.1 million bbl

US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, gained 2.1 million bbl to 538.6 million bbl during the week ended Apr. 15 from the previous week’s total. Source: News