Noble Energy Mediterranean Ltd. and partners will batch-drill two production wells in the development of deepwater Leviathan gas field offshore Israel. Source: News
RPSEA, SEAM to partner on future energy research
The Research Partnership to Secure Energy for America (RPSEA) and SEG Advanced Modeling Corp. (SEAM), a subsidiary of the Society of Exploration Geophysicists, have signed a memorandum of understanding to combine resources and jointly pursue research projects that will benefit their constituents, including the energy industry as well as the public, the groups said. […]
ACCF urges US Senate to pass CRA measure repealing BLM methane rule
The American Council for Capital Formation (ACCF) launched a social media, digital, and print advertising campaign urging the US Senate to pass a Congressional Review Act disapproval resolution revoking the US Bureau of Land Management’s venting and flaring rule. The US House approved the resolution by 221 to 191 votes last month. Source: News
EIA: Oil output from major US onshore regions to rise 109,000 b/d in April
Crude oil production from the seven major US onshore oil and gas producing regions is forecast to increase 109,000 b/d during April to 4.962 million b/d, according to data from the US Energy Information Administration’s Drilling Productivity Report. Source: News
Barclays: Global E&P spending growth revised to 9% for 2017
Global exploration and production spending will rise 9% in 2017 compared with spending in 2016, according to the latest update of Barclays’ E&P spending survey. This compares with 7% indicated in the January survey. Source: News
INEOS Shale plans two UK core tests
INEOS Shale plans to drill two coring tests in the UK, where it recently expanded its holdings to more than 1.2 million acres by acquiring all onshore UK petroleum exploration and development license (PEDL) interests of Engie E&P UK Ltd. Source: News
MARKET WATCH: Crude oil prices dropping, analysts expect volatility
Light, sweet crude oil for April declined moderately on the New York market to close at $48.90/bbl Mar. 13 while the Brent crude oil for May edged down, settling at $51.35/bbl. Analysts expect oil prices will remain volatile in coming days. Source: News
EC reports Gazprom commitments on supplying gas to eastern Europe
Russian natural gas giant Gazprom has made significant commitments to supply gas to customers in eastern and central Europe at competitive prices, the European Commission reported in Brussels. Source: News
CSB releases safety video about 2013 explosion at Geismar, La., plant
The US Chemical Safety Board issued a 12-min safety video about its investigation into a 2013 fire and explosion at the Williams olefins plant in Geismar, La., that killed 2 workers and injured 167 others. The accident occurred when a heat exchanger containing flammable liquid propane violently ruptured, CSB said. Source: News
Empire confirms light oil play onshore Western Australia
Empire Oil & Gas NL, Perth, has confirmed a light oil play in its Red Gully North-1 gas discovery in the onshore north Perth basin of Western Australia. Source: News