Ingram adds exploration to Anadarko role

Mitch Ingram has been named executive vice-president, international, deep water, and exploration at Anadarko Petroleum Corp. He will oversee international and deepwater operations as well as global exploration and project management. Source: News

DOD report suggests limits to oil, gas activity in eastern gulf

The US Department of Defense considers the eastern Gulf of Mexico an irreplaceable national asset for developing and maintaining combat force readiness where sufficient surface limits and activity restrictions would need to be developed if oil and gas exploration and production was to be allowed there, DOD said. Source: News

Watching Government: RFS maneuvers remain political

It was far from certain as of May 15 what the Trump administration specifically would do to address renewable fuel quota problems, which led to a much-ballyhooed White House meeting a week earlier. The continuing pure politics of the situation were blindingly obvious, however. Source: News

Hope for offshore

Rumors about death of the offshore oil and gas producing industry prove—to borrow a quip attributed with embellishment to Mark Twain—to have been greatly exaggerated. This happy observation applies even where the future, not long ago, looked especially grim. Source: News

The human element

Transformation is a recurring theme at oil and gas events, as was the case at this year’s Offshore Technology Conference held earlier this month in Houston. In 2017, OTC panelists discussed Big Data and the need for skilled workers to adopt and tackle the immediate and future needs of the oil and gas industry. This […]

Harbour Energy revises bid for Santos once more

Harbour Energy Australia Pty. Ltd., Perth, has increased its previous offer for all of the shares of Santos Ltd., Adelaide, to $5.21/share. Source: News

Magellan Midstream to expand western leg of Texas products line

Magellan Midstream Partners LP, Tulsa, will expand the western leg of its products pipeline system in Texas to handle incremental shipments of gasoline and diesel fuel to centers in Abilene, Midland-Odessa, and El Paso, Tex., and New Mexico. The pipeline also can access Arizona and Mexico via connections to other systems.  Source: News

MARKET WATCH: Brent crude oil ends week under $79/bbl

US light, sweet crude oil and Brent crude oil prices both decreased May 18 to end a volatile trading week as analysts contemplated the effects upon world oil markets from planned US economic sanctions on Iran as well as on continuing oil production declines in Venezuela. Source: News

Small field in the Philippines starts flow

Production has begun from the first oil discovery to be declared commercial in the Philippines since offshore Galoc field, which came on stream in 2008. Onshore Algeria oil field started up at a combined rate of 360 b/d of oil from two wells in southern Cebu Island.   Source: News

Kosmos to respud well offshore Suriname

Kosmos Energy Ltd. will respud its first well offshore Suriname after the Anapai-1 encountered shallow-borehole stability issues. The well is testing an Early Cretaceous structural-stratigraphic concept on 5,126-sq-km Block 45.  Source: News