A Canadian crisis

Thanks to climate politics, Canada approaches a constitutional crisis. The government of British Columbia is not resisting federally approved expansion of the Trans Mountain Pipeline mainly because it fears spills of oil on land or sea. It’s doing so because it needs support from climate activists hoping to crimp bitumen production in Alberta. Source: News


MarkWest lets contract for Ohio NGL fractionator

MarkWest Energy Partners LP—a wholly owned subsidiary of MPLX LP—has let a contract to a division of Honeywell UOP LLC to deliver a natural gas liquids fractionation unit at its existing Hopedale complex in Jewett, Harrison County, Ohio.   Source: News


OVL group acquires 10% Lower Zakum stake

A group of state-owned Indian companies led by ONGC Videsh has bought a 10% interest in the Lower Zakum Concession offshore Abu Dhabi for $600 million. The deal, representing the first acquisition by Indian companies of a stake in the emirate’s hydrocarbon resources, emerged during a visit to Abu Dhabi by Indian Prime Minister Narendra […]


Lilis Energy Kudu No. 2H reaches 1,475 boe/d

Reporting on wells in the Permian basin, Lilis Energy Inc., San Antonio, said its Kudu No. 2H reached a 24-hr initial production rate of 1,475 boe/d on a three-stream basis, at 299 boe/d/1,000 ft. The well is currently producing at 75% liquids on a three-stream basis. Source: News


Diversified Gas & Oil to acquire Appalachian assets

Diversified Gas & Oil PLC, Birmingham, Ala., has conditionally agreed to acquire Alliance Petroleum Corp. and the conventional Appalachian assets of CNX Resources Corp. for a combined price of $180 million. Source: News


Work starting on Abu Dhabi’s Haliba field

Al Dhafra Petroleum, a joint venture operating company of Abu Dhabi National Oil Co., plans to start producing 20,000 b/d of oil by mid-2019 at Haliba field on Abu Dhabi’s southeast border. Production is to rise to 40,000 b/d by 2020, ADNOC said in a press release.  Source: News


Baker Hughes: International rig count rises 6 in January

The international rig count increased by 6 units month-over-month to 960 in January from the 954 rigs counted in December 2017, and up 27 from the 933 counted a year ago, according to Baker Hughes data. Source: News