Chevron Corp. spud its first well during the third quarter in Alberta’s promising Duvernay Formation, CFO Pat Yarrington said Friday.
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Alberta Changes Well Spacing Regulations
Regulators in Alberta said the province would remove most subsurface well density controls for coalbed methane (CBM) and shale gas, one of several changes announced Thursday for well spacing for conventional and unconventional oil and gas wells.
ConocoPhillips Maps Independent Road
ConocoPhillips has since the beginning of this year quietly amassed more than 340,000 net acres in promising North American plays, executives said last week.
ConocoPhillips Maps Independent Road
ConocoPhillips has since the beginning of this year quietly amassed more than 340,000 net acres in promising North American plays, executives said Wednesday.
California’s Brown Recommits to Renewables
Promising “painful” budget recommendations to come, California Gov. Jerry Brown reaffirmed his commitment to renewable energy and efficiency programs as part of a sobering inaugural speech following his swearing in last Monday in Sacramento as the 39th governor of the state. Missing in his brief remarks was any mention of climate change, environmental issues or traditional fossil fuels.
California’s Brown Recommits to Renewables
Promising “painful” budget recommendations to come, California Gov. Jerry Brown reaffirmed his commitment to renewable energy and efficiency programs as part of a sobering inaugural speech following his swearing in Monday in Sacramento as the 39th governor of the state. Missing in his brief remarks was any mention of climate change, environmental issues or traditional fossil fuels.
Gastem: Initial Marcellus Tests Successful
Montreal-based producer Gastem Inc. said Thursday its Ross No.1 vertical well in the New York portion of the Marcellus Shale has been completed and is testing 150 MMcf/d after four weeks of “extended flow.”
Chevron’s Focus on Deepwater Gulf
With promising deepwater Gulf of Mexico projects, Chevron Corp. is in no hurry to buy anything in the U.S. onshore, CFO Pat Yarrington said Friday.
Chevron Sanctions Jack/St. Malo Deepwater Project
Chevron Corp. on Thursday sanctioned the long-awaited Jack/St. Malo project, a promising project that it would operate in the Lower Tertiary trend in the deepwater Gulf of Mexico (GOM). When the project ramps up, which is anticipated in 2014, it is expected to produce up to 42.5 MMcf/d of gas and 170,000 b/d of oil.
Pengrowth Muscles Into Montney Shale
Calgary-based Pengrowth Corp. last week elbowed its way into the promising Montney Shale formation in northeast British Columbia with a C$375 million agreement to acquire Monterey Exploration Ltd.