Second Shewashan well flows oil in Kurdistan

The second development well on the Khalakan production-sharing contract in the Kurdistan region of Iraq flowed as much as 4,400 b/d of oil with low drawdown and less than 1% basic sediment and water, reports Gas Plus Khalakan (GPK). Source: News


Norwegian gas processing plant due capacity expansion

Gassco AS, operator for Gassled—a joint venture of oil and gas companies on the Norwegian continental shelf and the owner of Norwegian gas transportation systems—is planning to boost capacity for handling rich gas by yearend at its 90 million-cu m/day Karsto gas processing plant near Haugesund, on Norway’s west coast. Source: News


BOEM: August lease sale to offer all available acreage in the western gulf

The US government will offer about 23.5 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the western Gulf of Mexico Planning Area, the Bureau of Ocean Energy Management reported Apr. 5. Source: News


MARKET WATCH: Oil prices down on weak US January product demand

Crude oil prices continued to slide Apr. 4 after the release of a US government report detailing lower demand for petroleum products. The lower demand, mostly shown in weaker demand for distillates, was attributed to warmer-than-average weather. Source: News


Contract let for Elba Liquefaction Project

Subsidiaries of Kinder Morgan Inc. have let a major contract to IHI E&C for the Elba Liquefaction Project, an LNG terminal planned at Elba Island near Savannah, Ga. (OGJ Online, July 16, 2015). Source: News