In recent months, the Arizona Geological Survey (AZGS) has examined shale oil and natural gas potential in southeastern and westerly parts of the state, in addition to the already exploratory drilled northern formations, particularly in the northeast Four Corners area in which the Mancos Shale is found.
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Atlas Adding 200 MMcf/d of Permian Processing
Growing natural gas production in the Permian Basin has prompted Atlas Pipeline Partners LP to announce plans for a new 200 MMcf/d cryogenic processing plant, which will be anchored by production from Pioneer Natural Resources Inc.
Former BP Operating Chief to Helm Encana
Doug Suttles, the former operating chief for BP plc’s global exploration and production arm, on Tuesday took the helm of Canada’s largest natural gas producer, Encana Corp., as CEO and president.
Shell’s Transformative CEO to Retire
Peter Voser, who has led the transformation of Royal Dutch Shell plc from an also-ran in the energy industry into Europe’s leading producer and the world’s largest integrated natural gas operator, announced his surprise retirement last Thursday.
Shell’s Transformative CEO to Retire
Peter Voser, who has led the transformation of Royal Dutch Shell plc from an also-ran in the energy industry into Europe’s leading producer and the world’s largest integrated natural gas operator, announced his surprise retirement on Thursday.
Continental Resources Railing Bakken Crude East
Crude oil from the Bakken Shale will be Delaware-bound under an agreement between leading Bakken producer Continental Resources Inc. and PBF Energy Inc. Crude is to be delivered by rail to PBF’s double-loop track at its refinery in Delaware City.
Mississippian Paying Off for SandRidge; Market Wary
SandRidge Energy Inc.’s transition from a natural gas producer to an oil explorer appears to be paying off, with the company’s Mississippian Lime operations experiencing success and its bottom line improving, but the market seems unconvinced.
Mississippian Paying Off for SandRidge; Market Wary
SandRidge Energy Inc.’s transition from a natural gas producer to an oil explorer appears to be paying off, with the company’s Mississippian Lime operations experiencing success and its bottom line improving, but the market seems unconvinced.
ExxonMobil Holds Supreme as Top Energy Enterprise
ExxonMobil Corp., the No. 1 natural gas producer in the United States, continues to reign supreme as the world’s top energy enterprise, and it has regained its footing as the largest domestic publicly traded entity.
People
BP plc has appointed John Minge as chairman and president of BP America Inc., the producer’s chief U.S. representative. Former chief Lamar McKay is to lead BP’s upstream business. BP’s capital investments in the United States over the past five years exceed $52 billion, more than any other company and more than BP invests in any other country. Minge, who takes over the Houston-based U.S. operations on Feb. 15, has led BP Alaska since January 2009. In 2012, BP Alaska achieved the lowest recordable incident rate in its history, with a 50% reduction from 2009. Minge, who began his BP career in the Gulf of Mexico as a drilling engineer, formerly was president of BP Indonesia, chief of BP’s Asia Pacific Unit and president of exploration and production for Vietnam and China. BP also has named Bob Fryar, now executive vice president for upstream production, as executive vice president for Safety and Operational Risk. Mark Bly, who has headed safety functions since March 2008, plans to retire.