The US Bureau of Land Management released a draft environmental impact statement for oil and gas leasing on the Arctic National Wildlife Refuge Coastal Plain a year after President Donald J. Trump signed federal tax legislation which included a mandate for the US Interior secretary to establish such a program. Source: News
APICORP: Iraqi output goals move ‘within reach’
Formation of a government in October raises prospects for continued growth of oil production in Iraq. Source: News
Norwegian Sea exploration well comes up dry for Lundin
Lundin Petroleum AB subsidiary Lundin Norway AS will plug and abandon Silfari exploration well 6307/1-1S in PL830 in the Norwegian Sea. The well was dry. Source: News
Woodside signs agreement with RWE for mid-term LNG supply
Woodside Energy Trading Singapore Pte Ltd. has signed a fully termed and binding sales agreement with RWE Supply & Trading GmbH for the mid-term supply of LNG to begin during fourth quarter 2020 and run until December 2022. Source: News
Oil Search adds to Alaskan portfolio
Oil Search Ltd., Port Moresby and Sydney, has expanded its acreage position on the North Slope of Alaska following the recent 2018 Alaska Lease round. Source: News
Goodrich plans production growth with reduced budget in 2019
Goodrich Petroleum Corp. reduced its 2019 capital expenditure budget by some $40 million yet expects to maintain its previous production guidance for 2019. Source: News
GAO report calls for reforms in TSA’s pipeline security program
The US Transportation Security Administration needs to address significant weaknesses in its oil and gas pipeline security program, which has not been changed materially since it was established in 2011, the Government Accountability Office said in a Dec. 19 report. Source: News
DOE moves to simplify LNG exporters’ destination reporting rules
US liquefied natural gas exporters now will be required to report the country or countries where it is delivered, rather than the end-use country, the US Department of Energy announced in a Dec. 19 policy statement. Source: News
EIA: US crude inventories down 500,000 bbl
US crude oil inventories, excluding the Strategic Petroleum Reserve, decreased by 500,000 bbl for the week ended Dec. 14, according to data from the US Energy Information Administration. Source: News
PGNiG signs 20-year agreement to export US LNG to Europe
Port Arthur LNG LLC, a subsidiary of Sempra Energy, and Polish Oil & Gas Company (PGNiG) entered into a definitive 20-year sale and purchase agreement for liquefied natural gas (LNG) from the Sempra-led Port Arthur LNG liquefaction-export facility under development in Jefferson County, Tex. Source: News