Woodfibre LNG lets contract for proposed British Columbia project

Pacific Oil & Gas Ltd. subsidiary Woodfibre LNG Ltd., Vancouver, BC, through a contractor, has let a contract to Flour Corp. to provide construction-related support to front-end engineering and design services for Woodfibre LNG’s proposed 2.1-million tonne/year liquefaction plant and export terminal near Squamish, BC, on the northwestern shoreline of Howe Sound. Source: News

BPTT details Columbus basin exploration plans

BP Trinidad & Tobago has reported that four of the five exploration wells it will be drilling in the Columbus basin off the Caribbean twin-island nation’s east coast have been aided by the ocean-bottom cable seismic (OBCS) data it acquired in 2013. Source: News

Matador Resources, Five Point Capital form Delaware basin midstream JV

Dallas-based Matador Resources Co. and Houston private equity firm Five Point Capital Partners LLC have formed San Mateo Midstream LLC to operate and expand Matador’s midstream assets in the Delaware basin in Eddy County, NM, and Loving County, Tex. Source: News

Oil Search reports major lift in gas reserves, resources

Oil Search Ltd., Sydney and Port Moresby, reported a rise in its oil, condensate, and natural gas reserves and resources. Managing Director Peter Botten said in a statement released Feb. 17 that as of Dec. 31, 2016, the company’s proved reserves (1P) stood at 62.3 million bbl of oil and condensate and 2,151 bcf of […]