World Bank: Worldwide gas flaring increased in 2015

The amount of natural gas flared at oil production sites worldwide has increased in the past 5 years, reversing a previous reduction trend, the Global Gas Flaring Reduction Partnership (GGFR) reported. Source: News


Leave federal royalties, revenue shares alone, western governors urge

Shares of federal revenue and royalties from oil and gas operations on public land and offshore should continue to go directly to states and counties and not be reduced to offset cuts elsewhere in the federal budget, western US governors said in a policy resolution adopted during their recently concluded winter meeting in San Diego. […]


Anadarko gulf tie-back drilling program adds oil discoveries

Anadarko Petroleum Corp. encountered more than 210 ft of net oil pay in multiple Miocene-aged reservoirs with the Warrior exploration well, which was drilled 3 miles from the company’s K2 field in the Gulf of Mexico on Green Canyon Block 562. Source: News