BP plc has no plans to turn its back on considerable Russian oil and natural gas prospects, and the company, in fact, expects to play an important role to bridge engagement between Russia, as an energy supplier, and Europe, as an energy consumer, Group CEO Bob Dudley said Thursday.
E&P
Articles from E&P
Appalachian Basin Still a Puzzle with Exciting Prospects, Say NAPE Presenters
The Appalachian Basin is still a puzzle, but there is no lack of enthusiasm for those trying to solve all the value it may hold.
April 9, 2014
Gulfport Output Appears in Line with Guidance
Gulfport Energy Corp. reported Wednesday it expects production in 1Q2014 averaged 27,100 boe/d, in line with guidance, and more than half weighted to natural gas.
April 9, 2014
Athlon Makes $873M Multi-County Permian Buy
Athlon Energy Inc. is buying 23,500 net acres in Texas counties Martin, Upton, Andrews and Glasscock for $873 million in cash…
April 9, 2014
Another California Fracking Bill Clears Committee
Even as work goes forward to implement new regulations (SB 4) in California on the use of hydraulic fracturing (fracking) by oil and natural gas companies, another bill to ban the practice (SB1132) cleared its first hurdle Tuesday in the state Senate.
April 9, 2014
Geologic, Regulatory Aftershocks from Latest Oklahoma Quakes
More earthquakes jolted parts of central Oklahoma Saturday, prompting added speculation about the ties between the quakes and oil and natural gas drilling wastewater injection processes. Although small in magnitude — measuring 2.6-4.0 on the Richter Scale — the frequency of the tremors has already surpassed 2013 totals, according to the Oklahoma Geological Survey (OGS).
April 8, 2014
Quebec Political Shift Could Crack the Door to Fracking
Odds increased Monday that drilling and hydraulic fracturing will eventually spread into Quebec's share of eastern shale deposits, when the Liberal party returned to power on a business-friendly campaign platform of encouraging job-creating economic growth.
April 8, 2014
WV Pipeline Rupture Cuts Some Gastar Production
Gastar Exploration Inc. said late Monday that its production in Marshall County, WV, has been shut-in since Saturday due a weekend rupture and fire on a 12-inch diameter natural gas gathering pipeline (see Shale Daily,March 7).
April 8, 2014
Northeast Prices May Have Marcellus Drillers Heading South, EIA Says
Unusually cold weather that remained in place over portions of the country into the last days of winter helped drive working natural gas in storage to an…
April 8, 2014
Consol Nearly Doubles 1Q Marcellus Production
The Marcellus Shale once again drove natural gas production higher at Consol Energy Inc. last quarter, when companywide production increased by 23% from the year-ago period to reach 48.4 Bcfe and nearly matched a quarterly record the company set in the final three months of 2013.
April 8, 2014
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