At least Donald Trump wants oil. While seeking the Republican presidential candidacy, he lays claim to oil with characteristic intemperance. That he wants oil nevertheless implies that he sees value in the substance. Neither Democratic candidate even wants it. Source: News
Working through the downturn
Under normal market conditions, an exploration editor need not reach too far to find a topic worthy of writing on. These are not normal market conditions. Source: News
In two elections due in Iran, votes will have limited clout
Iranian elections, two of which will be held Feb. 26, are more important than they are consequential. Source: News
NARUC resolution backs carbon capture from power plants for EOR
The National Association of Regulatory Utility Commissioners (NARUC) approved a resolution calling for capturing more carbon emissions at power plants for enhanced oil recovery (EOR). Source: News
US rig count down 27 units; firms plan to shed more units
The latest drilling dive continued during the week ended Feb. 19, with the US rig count shedding 27 units to bring the current total to 514, Baker Hughes Inc. reported. All but one of those units targeted oil. Source: News
Cyprus planning third licensing round
The government of Cyprus plans a third round of offshore oil and gas licensing, according to press reports. Source: News
Statoil lets contract for Norwegian processing plants
Statoil ASA has let a long-term contract to Prezioso Linjebygg AS of France to provide insulation, scaffolding, and surface treatment (ISO) maintenance services at the Sture and Kollsnes processing plants in western Norway. Source: News
Antero increases Marcellus focus due to Utica ‘transportation constraints’
Antero Resources Corp., Denver, reported that it will further shift activity to the Marcellus from the Utica in 2016 due to “firm transportation constraints” in the Ohio shale play. Source: News
KMG EP plans appraisal wells in flank of S. Nurzhanov field
JSC KazMunaiGas Exploration Production (KMG EP) is planning to drill two appraisal wells in the northeastern flank of the S. Nurzhanov field. Source: News
Calumet wraps Montana refinery expansion
Calumet Specialty Products Partners LP, Indianapolis, has completed a long-planned project to more than double crude processing capacity at subsidiary Calumet Montana Refining LLC’s refinery in Great Falls, Mont. Source: News