Industry News

  • Exploration
  • Eni plans third development well for Blacktip gas field
    Eni Australia has submitted environmental plans for a third production well on its wholly owned Blacktip gas and condensate field in the shallow waters of the southern Bonaparte Gulf offshore Northern Territory. The plans were submitted to the Nation...
  • Federal judge remands BLM Wyoming leases, orders climate studies
    A federal judge ruled that the US Bureau of Land Management did not adequately consider potential climate impacts when it issued oil and gas leases in Wyoming in 2015 and 2016, remanded the leases to the US Department of the Interior agency, and orde...
  • Gazprom starts Kharasaveyskoye development
    Gazprom has begun full-scale development of Kharasaveyskoye gas and condensate field on Russia’s Yamal Peninsula. It said production will start in 2023 at 32 billion cu m/year from Cenomanian-Aptian deposits. Later production will come from deeper ...
  • Drilling & Production
  • MARKET WATCH: NYMEX crude oil moves above $60/bbl
    Light, sweet crude oil for May delivery increased just shy of $1 to settle above $60/bbl on Mar. 20. Government data Mar. 20 indicated a tightening of US oil supplies, pushing the price past the $60/bbl mark for the first time since Nov. 9, 2018. Ana...
  • Oil & Gas UK estimates $265 billion of UKCS E&P investment needed by 2035
    Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf. Vision 2035 is a framework for the UKCS l...
  • ESAI: Project delays to sink oil sands output in 2019
    Canadian oil sands production in 2019 will be almost 230,000 b/d lower than last year, according to ESAI Energy’s recently published North America Watch. Planned Canadian oil sands projects are being pushed back in response to further delays in pip...
  • American Petroleum Institute

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Lauren Yates
lauren@thinkwellconsulting.com
703.593.3184