MARKET WATCH: Crude prices vacillate on US-China trade conflicts

The light, sweet crude oil price for May gained modestly on the New York market Apr. 3 as did the Brent contract price for June in London, but prices for both crude benchmarks fell Apr. 4 on reports of escalating US-China trade tensions. Source: News

Permian-to-Corpus Christi NGL pipeline begins Phase 1 service

Epic Y Grade Pipeline, a subsidiary of Epic Y Grade Holdings and Epic Midstream Holdings, has placed Phase 1 of its NGL pipeline in service, operating between DLK Black River Midstream’s processing plant in Eddy County, NM, and Delaware Basin Midstream’s terminal in Orla County, Tex. NGL was introduced to the pipeline Mar. 12.  […]

Statoil lets drilling contract for Norwegian North Sea

Statoil has let a drilling contract to contractor KCA Deutag to provide drilling, maintenance, and engineering support for Oseberg and Kvitebjorn fields in the Norwegian North Sea.  Source: News

Cuadrilla drills UK horizontal well for shale gas

Cuadrilla Resources Ltd., Reston, UK, said it has finished drilling a horizontal shale gas well at Preston New Road in Lancashire. The well was drilled vertically to 8,858 ft through the Upper Bowland and Lower Bowland shale. The horizontal portion extends laterally for around 2,624 ft. Source: News