Lundin Norway, which is a wholly owned subsidiary of Lundin Petroleum, has announced that the Clapton exploration well 2/8-18S has been completed in PL440S. The well is situated approximately 5 km towards the eastern part of the Eldfisk Øst field and 10 km towards the northern part of the Valhall Field located in the North Sea.
Independence Energy has confirmed the arrival of the drill rig at the Taylor-MEI #113 well located in Coleman County, Texas.
The past two years have seen a dramatic change in the outlook for U.S. Chemical companies. In 2010, the industry seemed well rationalized, but with few opportunities for significant revenue growth and – outside of R&D – precious little expansionary investment. However, with the commercialization of shale gas in the U.S., the industry has seen a remarkable turn of fortune, according to a KPMG report, The Future of the U.S. Chemical Industry.
In advance of a panel discussion on hydraulic fracturing regulations, Pennsylvania Department of Environmental Protection Secretary Mike Krancer today outlined in a letter to the Natural Resources Defense Council (NRDC) some perspectives that the organization missed in its May 2012 report, "In Fracking's Wake: New Rules are Needed to Protect Our Health and Environment from Contaminated Wastewater."
Oil and gas experts from governments and national and international companies came together from June 19-21, in Malabo, the capital of Equatorial Guinea, for the 15th Gulf of Guinea Oil and Gas Conference. This was the first GOG conference hosted by Equatorial Guinea.
Enhanced Oil Resources has provided updates related to its operations for June. According to the earlier reports, the company intends expanding production and reserves via infill drilling at the Roosevelt County, New Mexico-based Milnesand oil field.
Ecopetrol has announced that it has incorporated a wholly owned subsidiary named Cenit S.A.S which will specialise in the transportation and logistics of hydrocarbon in Colombia.
Texas-based oil exploration and Production Company, Breitling Oil and Gas has announced that it has increased its acreage position on the Gulf Coast shore as part of the “Gulf Coast Onshore Initiative” which was started during May 2010.
The 61st annual report, ‘The BP Statistical Review of World Energy, 2012,’ has been released. The report emphasizes that the ever-increasing demand and supply issues are the two major energy topics of 2011.
Imperial Resources, Inc. and its wholly owned subsidiary, Imperial Oil & Gas, Inc. is pleased to announce that it is has received initial geological reports on its new Area of Mutual Interest ("AMI") in Oklahoma acquired under an agreement entered into in January 2012.