Baker Hughes: US rig count up 19 units to 1,025

The US drilling rig count climbed 19 units to reach 1,025 rigs working for the week ended Apr. 5, according to Baker Hughes data. The count is up 22 units from the 1,003 rigs working this time a year ago. Source: News

Eni, Fiat test low-carbon dioxide vehicle fuel

Eni SPA and Fiat Chrysler Automobiles (FCA) are developing a high-alcohol vehicle fuel that they say can lower exhaust emissions of carbon dioxide by up to 3% under Worldwide Harmonized Light Vehicle Test Procedures. Source: News

Woodside signs 10-year LNG supply deal

Woodside Energy Ltd., Perth, has signed a heads of agreement with Chinese distributor ENN Group for the sale of 1 million tonnes/year of LNG from Woodside for 10 years starting in 2025. Source: News

Zhenis block off Kazakhstan due drilling

Zhenis Operating, a 50-50 joint venture of Lukoil and KazMunayGas, will drill an exploration well and shoot a 3D seismic survey on the Zhenis block in the Caspian Sea offshore Kazakhstan. Source: News

MARKET WATCH: US jobs report supports NYMEX crude oil prices

Light, sweet crude oil prices fell slightly on the New York market Apr. 4 to settle above $62/bbl but rose in early trading Apr. 5 after the US Department of Labor reported the US economy added 196,000 jobs in March. Source: News

Raven Petroleum plans fractionator for South Texas

Raven Petroleum has received an air permit from the Texas Commission on Environmental Quality for a proposed 30,000-b/d crude fractionation unit in South Texas. The planned fractionator is to be sited in Duval County, Tex., at the crossroads of the Permian basin, Wolfcamp, and Eagle Ford shales in proximity to the US Gulf Coast, Mexico, and […]

Baker Hughes: International rig count climbs 12 units in March

The international rig count for March reached 1,039, up 12 units from 1,027 in February and up 67 units from 972 in March 2018, according to Baker Hughes data. The international offshore rig count for March was 247, down 3 units from 250 in February and up 62 from 185 in March 2018. Source: News

Colorado Senate sends reworked SB 181 to governor for signature

Colorado’s Senate sent a reworked SB 181 with House amendments to Gov. Jared Polis (D) for his signature on Apr. 3 by a 19-16 vote. Officials from the Colorado Oil & Gas Association and the Colorado Petroleum Council jointly said that they continue to oppose the measure despite some improvements in it. Source: News