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December 11, 2012
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News for the oil and natural gas industry

  Top Story 
  • U.S. should allow industry to exploit oil opportunities, API says
    The energy industry should be allowed to make the most of unprecedented opportunities tied to crude oil development, the American Petroleum Institute said. This follows an Energy Information Administration report that stated crude oil output could hit 7.5 million barrels per day by 2020. "But, in order to move forward with this remarkable opportunity, we must avoid public policies that raise taxes, impose burdensome and unnecessary regulations, or pit one energy source against another," said Rayola Dougher, API's senior economic adviser. United Press International (12/10) LinkedInFacebookTwitterEmail this Story
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  Industry News 
  • Polls show support for fracking in N.Y., Pa.
    Two recent polls of residents from New York and Pennsylvania showed growing support for hydraulic fracturing. A Siena College survey found that about 50% of residents of New York City and suburban areas favor upstate drilling, compared with 32% who are against development. A University of Pittsburgh Center for Social and Urban Research poll, meanwhile, found that about 49% of respondents strongly or somewhat support a gas drilling boom in Washington County, Pa. Shale Reporter/The Associated Press (12/10) LinkedInFacebookTwitterEmail this Story
  • Black Elk Energy investigates platform blast in Gulf
    Black Elk Energy has launched an internal probe of a lethal blast on one of its oil platforms in the Gulf of Mexico. Platform workers were engaged in a construction project when the incident occurred, the company said. The Bureau of Safety and Environmental Enforcement is also investigating the explosion. (12/10) LinkedInFacebookTwitterEmail this Story
  • Offshore contractor seeks ways to draw new rig workers
    Ensco is seeking ways to attract new workers as the company prepares to launch six new rigs over the next two years. The offshore drilling contractor is hosting overnight get-togethers and dinners in Europe to draw electricians and mechanics and has requested current employees who are military veterans to discuss job opportunities with other ex-service members. A key selling point is to convince potential hires that being a rig worker isn't grim, a company official said. (12/10) LinkedInFacebookTwitterEmail this Story
  • Sempra Energy seeks FERC clearance for La. gas export project
    Sempra Energy has applied for a permit from the Federal Energy Regulatory Commission to build export facilities at its Cameron liquefied natural gas terminal in Louisiana. Under the plan, three liquefaction trains with a total export capacity of 1.7 billion cubic feet per day would be constructed. Reuters (12/10) LinkedInFacebookTwitterEmail this Story
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  Exploration & Production 
  • BLM seeks public input related to Wyo. gas development project
    The Bureau of Land Management is requesting public input on a draft environmental study for a major natural gas development venture in Wyoming. About 8,950 new wells would be drilled in the next 15 years in the Continental Divide-Creston project. "We're glad to see it going forward. It will mean jobs for Wyoming and the nation," said Bruce Hinchey, president of the Petroleum Association of Wyoming. Platts (12/10) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  • Alaska governor, Korea Gas discuss natural gas export prospects
    Alaska Gov. Sean Parnell and Korea Gas held discussions about the prospects of natural gas exports from the state to Asia and has scheduled meetings with several other potential buyers of Alaskan gas. In October, ExxonMobil and three other energy firms said they sought to develop a $45 billion gas pipeline and export facility in the state. "These efforts are critical because an Alaska project must compete with other large-scale LNG projects under development around the world," the governor said. Fox Business/Dow Jones Newswires (12/10) LinkedInFacebookTwitterEmail this Story
  • Rep. Upton says Exxon isn't serious about support for carbon tax
    ExxonMobil's support for a tax on carbon emissions isn't that strong, noted Rep. Fred Upton, R-Mich. In November, Exxon said a carbon tax could be crucial in efforts to address increasing emissions. "I sat down with the Exxon folks a couple of months ago and let it be known that this is not a proposal that, certainly under Speaker Boehner [R-Ohio], is going to be coming through in the House," said Upton, chairman of the House Energy and Commerce Committee. The Hill/E2 Wire blog (12/10) LinkedInFacebookTwitterEmail this Story
  • Western states craft energy development plan
    The Western Governors Association is working on a program that would pave the way for the development of energy resources in western states. Fossil fuels and renewable energy will be considered in the plan, said Rich Halvey, a program director with the association. "What the governors have said is not that we want to pick a winner or a loser but that we want to make sure that the rules are such that everybody can play with a degree of fairness," Halvey said. Associated Press (12/10) LinkedInFacebookTwitterEmail this Story
  • Mont. panel offers several pipeline safety proposals
    Energy firms need to upgrade their technology to strengthen pipeline safety, according to a proposal from the Montana Oil Pipeline Safety Review Council. The panel was formed by Montana Gov. Brian Schweitzer following a spill from an ExxonMobil pipeline in the state, in which about 1,500 barrels of crude leaked into the Yellowstone River. Associated Press (12/10) LinkedInFacebookTwitterEmail this Story
  API News 
  • API Inspection Summit, Jan. 7 to 10, Galveston, Texas
    The American Petroleum Institute invites you to attend the API Inspection Summit & Expo in Galveston, Texas, at the Galveston Island Convention Center, Jan. 7 to 10. The summit will provide you an opportunity to hear about emerging trends from industry experts in topics such as inspection technologies/NDE/corrosion/engineering analysis/software. Eight panel discussions on timely industry issues are planned to enhance interaction with attendees. It is also the only networking event for inspectors in the industry and includes an exhibit hall with more than 60 companies displaying the latest in inspection services. The API Inspection Summit program will feature over 120 individual presentations, as well as a new feature for 2013 -- a one-day optional training component consisting of eight technical courses, providing in-depth education to attendees. View the draft program and register. LinkedInFacebookTwitterEmail this Story
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