Continental Resources Inc.’s Verona 1-23-14XH flowed 2,345 bo/d and 6 MMcfd of natural gas in an initial 24-hr test, the company reported. The Verona well is producing from the Meramec reservoir through a 9,700-ft lateral at a casing pressure of 2,400 psi on a 34/64-in. choke. Source: News
Shell midstream unit to acquire additional interests in onshore assets
Shell Midstream Partners LP (SMP), Houston, has agreed to acquire additional equity interests in Zydeco Pipeline Co. LLC, Bengal Pipeline Co. LLC, and Colonial Pipeline Co. from Shell Pipeline Co. LP, a wholly owned subsidiary of Royal Dutch Shell PLC, for $700 million. Source: News
Mayer Brown: Oil companies, lenders negotiate restructuring support agreements
More oil and gas companies are being forced into bankruptcy filings or other types of financing given the current oil price slump, and lenders are being drawn into what Mayer Brown partner Charles Kelley called “capital structure reengineering.” Source: News
Williams holding Transco expansion open season
Williams Partners LP is holding a binding open season for the Northeast Supply Enhancement project, an expansion of the Transco interstate pipeline, to provide 400 MMcfd of incremental firm natural gas to the US Northeast. Transco plans to place the project into service for the 2019-20 winter heating season. Source: News
Chinese integrated refiner commissions unit
Shandong Shouguang Luqing Petrochemical Co. Ltd. (SSLPC) formally has accepted performance of Honeywell International Inc. subsidiary Honeywell UOP LLC’s C4 Oleflex process unit for production of isobutylene at its integrated refining and petrochemical complex in Bohai Industrial Park in Shouguang City, Shandong Province, China. Source: News
Petronas’s first FLNG vessel sets sail for Sarawak field
Malaysia’s state-owned Petronas has reported that its first floating LNG (FLNG) facility, PFLNG Satu, has sailed from South Korea for its location on the Kanowit gas field offshore Sarawak. Source: News
BP’s Bight exploration plans fall short for second time
BP Australia’s plans for an exploration drilling program in the Great Australian Bight offshore South Australia have fallen short of the regulator’s environmental requirements for a second time. Source: News
Constitution Pipeline sues to overturn DEC’s water-permit denial
Constitution Pipeline LLC has sued two federal courts to overturn the New York State Department of Environmental Conservation’s (DEC) denial of a water-quality certificate required for the proposed natural gas pipeline’s construction. Source: News
CERI: Pipelines key to Canadian heavy-oil exports to US
Heavy crude oil from western Canada available for export to the US in 2035 could be as high as 3.9 million b/d or as low as 2.5 million b/d, depending on pipeline developments, says the Canadian Energy Research Institute. Source: News
Ineos approves unit for Chocolate Bayou complex
Ineos Oligomers, a division of Ineos AG, Rolle, Switzerland, is adding a new linear alpha olefin (LAO) unit at Ineos Olefins & Polymers USA’s Chocolate Bayou petrochemical complex in Alvin, Tex. Source: News