Challenge simmers in Congress to one of the screwier products of the Obama administration’s green-energy obsession. Source: News
Horne named chairman of Legacy Reserves
Paul T. Horne has been appointed chairman of Midland, Tex.-based master limited partnership Legacy Reserves LP. He currently serves as president, chief executive officer, and director. Source: News
Wyoming DEQ issues 8th update to oil and gas permitting guidance
Wyoming’s Department of Environmental Quality (DEQ) issued its eighth update to its Oil and Gas Facilities Permitting Guidance, the first since 2013. A primary goal for this guidance update was to align requirements for concentrated development areas with the newer areas of activity across the state, it indicated. Source: News
EPA final methane emissions rule broadens limits to low-producing wells
The US Environmental Protection Agency issued a final rule designed to limit methane emissions from new US oil and gas wells and storage tanks on May 12 that also expands restrictions to wells producing fewer than 15 b/d. Source: News
BHI: Oil rigs push down overall US rig count by 9
The US drilling rig count fell 9 units to 406 rigs working during the week ended May 13, anchored by a double-digit loss in oil-directed rigs, according to data compiled by Baker Hughes Inc. Source: News
Ephindo takes on IGas interest in Sangatta West block
IGas Energy PLC has sold its 24% interest in Sangatta West CBM Inc. to partner Ephindo International CBM Holding Inc. under a share transfer agreement. IGas said the company’s disposal of its remaining Indonesian interests is effective May 13. Source: News
Nigerian violence linked to amnesty cuts
A surge in violence aggravating an oil-production slump in Nigeria reflects the government’s pullback from an amnesty program for militants, says an analyst at Verisk Maplecroft, Bath, London. Source: News
Florey to become OMV chief financial officer
Reinhard Florey is set to assume the role of chief financial officer of OMV AG on July 1 after reducing by a month his contract period with his current employer, Finnish firm Outokumpu. Source: News
Eni increases gas, condensate production from Nooros field off Egypt
Eni SPA reported reaching production of 65,000 boe/d from Nooros field offshore northern Egypt. Plans are to increase production to 140,000 boe/d by yearend. Source: News
BSEE, Coast Guard investigate oil sheen in Gulf of Mexico
The US Bureau of Safety and Environmental Enforcement (BSEE) and US Coast Guard responded to reports from Shell Offshore Inc. of an oil sheen in the Gulf of Mexico about 100 miles south of Port Fourchon, La. Source: News