| News for the oil and natural gas industry
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- Industry seeks expanded offshore drilling in Obama's second term
The shallow-water drilling industry hopes that President Barack Obama's apparent support for expanded oil and natural gas development leads to pro-energy policies for the Gulf of Mexico, writes Jim Noe, executive vice president of Hercules Offshore and executive director of the Shallow Water Energy Security Coalition. The schedule and outcome of drilling permits should be more predictable and organized. The deployment of the Bureau of Safety and Environmental Enforcement's new Investigations and Review Unit should also undergo careful study to ensure the continuation of safe and responsible offshore production, Noe writes. FuelFix.com
(11/23)     
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- Poll: Most Americans favor Canadian crude imports over others
The majority of Americans would choose gasoline derived from Canadian oil over crude from other countries, according to a Canadian Association of Petroleum Producers-commissioned survey. "On its merits -- secure, reliable supply, creating jobs and economic benefits in both countries, with environmentally responsible policy and performance in place -- Canadian oil is the right oil for the United States, at the right time, and from the right country," said Dave Collyer, president of CAPP. The poll also determined a decrease in the number of Americans that have no knowledge about TransCanada's Keystone XL pipeline compared with a survey last year. Calgary Herald (Alberta)
(11/22)
- Lamar McKay to lead BP's upstream unit
BP America Chairman and President Lamar McKay has been selected to lead BP's oil and natural gas production and development. He will assume the post in 2013. "During the past two years, we have successfully introduced a more centralized organization to our upstream; BP's largest organizational change for two decades. I believe it is now timely and appropriate to appoint a fully dedicated chief executive to this, our largest business," said Robert Dudley, CEO of BP. The Wall Street Journal
(11/23)
- Worker dies from Black Elk Gulf platform fire
A second rig worker has died after the Nov. 16 explosion at Black Elk Energy's offshore oil platform in the Gulf of Mexico. Avelino Tajonera of the Philippines succumbed from severe burns sustained from the incident, his country's embassy said. Three workers remain hospitalized while one person is still missing. The Wall Street Journal
(11/23)
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- Apache's Canadian wells yield successful results
Some of Apache's wells in Canada's Kaybob Dunvegan oil reserve yielded promising results. One recent development well there tested at a rate of 300 barrels of oil per day, Apache said. "These wells were drilled in areas which have been producing for over 40 years but which have the potential to be completely rejuvenated through the application of horizontal drilling and multi-stage hydraulic fracturing," said Tim Wall, president of Apache Canada. SNL Financial (free content)
(11/21)
- BP in natural gas development talks with Azerbaijan firm
BP and its Azerbaijan International Operating partners are in discussions with Socar over the development of the natural gas resources in the ACG oil field off the Azerbaijan coast, said Vaqif Aliyev, head of Socar's investment unit. The fields hold over 7 trillion cubic feet of natural gas. Chevron, ExxonMobil and Statoil are among BP's partners in AIOC. The Wall Street Journal
(11/22)
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What do you think is likely to happen in 2013?
 | The approval of the Keystone XL pipeline |
| An expansion in offshore drilling |
| Increased production in U.S. shale plays |
| Policy Watch | | |
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- BSEE: Black Elk Energy must improve safety conditions
Black Elk Energy needs to improve its offshore operations immediately following a lethal offshore platform blast in the Gulf of Mexico, according to the Bureau of Safety and Environmental Enforcement. "Black Elk has repeatedly failed to operate in a manner that is consistent with federal regulations. BSEE has taken a number of enforcement actions, including issuing numerous Incidents of Non Compliance (INC's), levying civil penalties and calling in the company's senior leadership to review their performance and the ramifications of failing to improve," said BSEE Director James Watson. The Hill/E2 Wire blog
(11/21)
- Wyo. drilling projects secure BLM approval
The Highland Loop Road, Spearhead Ranch and East Converse exploration projects in Wyoming have secured approval from the Bureau of Land Management's Casper Field Office. A total of 12 companies are eager to drill in the areas, BLM said. "If exploration is to occur, we would like to see it completed in an environmentally responsible manner," according to the Niobrara Conservation District. Star-Tribune (Casper, Wyo.) (tiered subscription model)
(11/25)
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API Specification Q1 Training -- QSI, Dec. 5 and 6, Houston
Learn how to how to Achieve & Maintain your License/Certification. This two-day course will provide a working understanding of API Spec. Q1 requirements. Attendees will be given the chance to examine all the requirements of API Spec Q1 through practical examples and will be provided insight as to the drivers behind Q1's importance in the oil and natural gas industry. Learn more.
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What's Next for the Oil and Natural Gas Industry?
With the election behind us, join API's Energy Nation program for a special post-election webcast on Tuesday, Dec. 4. API's executive vice president, Marty Durbin, will discuss how the 2012 elections will impact energy policy moving forward and what you can do to help support a healthy oil and natural gas industry. RSVP to receive more information and submit questions for the discussion.
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