Weather hampers recovery of Transocean Winner semi

An undetermined amount of diesel fuel has leaked from a Transocean Ltd. semisubmersible that drifted aground in Scotland, the UK Maritime & Coastguard Agency said, adding that poor weather conditions have hampered inspections and recovery efforts. Source: News


BHP finds gas but no oil in LeClerc well offshore Trinidad and Tobago

BHP Billiton has plugged its LeClerc 1 ST01 deepwater well, drilled 135 miles offshore eastern Trinidad and Tobago, after it encountered natural gas in multiple zones but failed to find oil. The well reached a total depth of 22,876 ft. Source: News


CEA launches Pipelines for America public education campaign

The Consumer Energy Alliance launched a multistate public education campaign emphasizing the importance of new pipelines and other energy systems in keeping future retail prices low and protecting the environment. Pipelines for America reflects the more than 400,000-member group’s concern that despite its abundant natural resources, the nation lacks the pipelines and transmission lines required […]


Silva elected director of strategy, management at Petrobras

Nelson Luiz Costa Silva has been elected by Petroleo Brasileiro SA (Petrobras) as director of its strategy, organization, and management system department. He joined the Brazilian state-owned firm as a senior consultant in June.  Source: News


MARKET WATCH: NYMEX oil prices drop $1/bbl on rises in US inventory, Saudi production

Light, sweet crude oil prices for September delivery fell more $1/bbl on the New York market Aug. 10 on reports of increased Saudi production during July over June and an unexpected climb in the weekly US crude oil inventory, which showed commercial crude oil inventories up 1.1 million bbl. Source: News


Chesapeake leaves Barnett, transfers interest to First Reserve unit

Chesapeake Energy Corp., Oklahoma City, has agreed to pay its way out of the Barnett shale in an effort to eliminate future financial commitments in a region it deems uneconomic. The series of deals, expected to close in the third quarter, could ultimately save Chesapeake $1.9 billion in future midstream commitments. Source: News


EIA STEO: US crude production averaged 8.6 million b/d in July

The US Energy Information Administration estimated US crude oil production for July averaged 8.6 million b/d, down almost 200,000 b/d from June, said a Short-Term Energy Outlook released Aug. 9. Source: News


Sound Energy hits 28-m gas column with TE-6 well in Morocco

Sound Energy PLC reported the TE-6 well on the Tendrara license onshore Morocco drilled to a measured vertical depth of 2,665 m and encountered 28 m of net gas pay in the TAGI reservoir. Source: News