BP plc is running 12 rigs in the U.S. onshore today, more than at any time since 2012, and the decision to restart development in some neglected basins has begun to show material improvement, CEO Bob Dudley said Tuesday.
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Pipelines Emphasize Early, Dedicated Outreach Against Growing Protests to Construction
Finding ways to dampen escalating opposition to natural gas and oil development requires a lot of face time, town halls, dinners and no fear, according to a public outreach coordinator with Williams.
Pipelines Emphasize Early, Dedicated Outreach Against Growing Protests to Construction
Finding ways to dampen escalating opposition to natural gas and oil development requires a lot of face time, town halls, dinners and no fear, according to a public outreach coordinator with Williams.
Team South Expansion Online Two Months Ahead of Schedule
Spectra Energy’s Texas Eastern Transmission (Tetco) brought its Team South pipeline expansion online at full capacity this week, transporting 300,000 Dth/d of natural gas from the Marcellus and Utica shales to two delivery points in Mississippi nearly two months ahead of schedule.
Spectra’s Team South Expansion Online Two Months Early
Spectra Energy’s Texas Eastern Transmission (Tetco) brought its Team South pipeline expansion online at full capacity this week, transporting 300,000 Dth/d of natural gas from the Marcellus and Utica shales to two delivery points in Mississippi nearly two months ahead of schedule.
BP Given More Time to Respond to 2008 Gaming Charges
FERC has granted BP America Inc. and affiliates a 30-day extension to reply to the show-cause order, issued earlier this month, alleging that the company gamed the physical and financial markets at the Houston Ship Channel (HSC) five years ago. The agency proposed a near-$29 million penalty for the illegal activity, which it says took place between mid-September 2008 and Nov. 30, 2008 (seeDaily GPI,Aug. 6).
Oxy Reports Record U.S. Output; No Word on CEO
Los Angeles-based Occidental Petroleum Corp. (Oxy) set a record U.S. production at 478,000 boe/d in 1Q2013, its 10th consecutive record quarter, the management team said last week.
Apache Tops Output Records, U.S. NatGas Volumes Rise
Apache Corp. topped its overall production record for the fourth consecutive year, the company’s management team said Thursday. Average daily production in 2012 increased to 779,000 boe/d, up 5.4% year/year. Despite the impact of substantially lower Canadian natural gas prices, revenues for the year hit a record $16.9 billion.
Freeport Expects to Complete Plains, McMoRan Deals in March
Freeport-McMoRan Copper & Gold Inc.’s management team said Tuesday it expects to complete its splash into the oil and natural gas pool in March, which should immediately move it ahead of many of the largest U.S. explorers.
GreenHunter Grows South Texas Water Services Business
GreenHunter Water LLC has acquired two oilfield water service and construction companies operating in the Eagle Ford Shale of South Texas. White Top Oilfield Construction LLC and Black Water Services LLC have common management and have been serving Eagle Ford operators since 2008.