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February 18, 2013
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News for the oil and natural gas industry

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  • Opinion: Sound policies could spur U.S. energy growth
    The U.S. has the potential to become the leading energy producer in the world by 2020, but some regulatory reforms are needed to achieve that goal, writes Chris Faulkner, founder, president and CEO of Breitling Oil and Gas. Limitations to hydraulic fracturing must be eased, and federal regulators need to open up more offshore sites to oil and natural gas drilling. The approval of TransCanada's Keystone XL pipeline also plays a key role in that goal, Faulkner adds. Grand Forks Herald (N.D.) (2/16) LinkedInFacebookTwitterEmail this Story
Utica Shale Congress, April 30-May 1, Columbus, OH
Industry experts from CHESAPEAKE, UTICA RESOURCES, CONSOL ENERGY, JUNEX INC, ENCORE ENERGY, HALCON RESOURCES, will give an in-depth analysis of the formation's geology, as well as completions and production techniques, to deliver solutions for operators looking to drive the Utica forward through to 2014. REGISTER BY March 1 to receive a $400 discount
  Industry News 
  • Apache reports leaking natural gas well in Gulf
    Fifteen nonessential workers were evacuated from Apache's drilling rig in the Gulf of Mexico following tests that showed natural gas from the well was migrating underneath the seabed. "We evacuated nonessential personnel, we brought in the experts, and we notified the government," said John Roper, a spokesman for Apache. "The procedures worked; the safety systems are doing their job." Houston Chronicle (tiered subscription model) (2/15) LinkedInFacebookTwitterEmail this Story
  • Energy majors provide details about planned Alaskan gas pipeline
    ExxonMobil, BP, ConocoPhillips and TransCanada offered some details about a proposed natural gas pipeline and export project in Alaska, which is expected to cost up to $65 billion. The plan calls for the construction of an 800-mile pipeline in Alaska's North Slope that would have the capacity to ship up to 3.5 billion cubic feet of gas. "We remain committed to responsibly developing the State's considerable resources and will keep you advised of our progress," the companies said in a letter to Alaska Gov. Sean Parnell. Fox Business/Dow Jones Newswires (2/15) LinkedInFacebookTwitterEmail this Story
  • Other News
  Exploration & Production 
  • Chevron details shale gas drilling plans in Ukraine
    Chevron could drill between five and 15 shale natural gas wells in Ukraine's Olesska block, a company executive said. Chevron last year secured the rights to develop the block. "The geologists are pretty sure the shale is there, with their visions of geologic history they think it could be comparable to some of the shales that we're producing from in the U.S.," said Peter Clark, Chevron's manager for Ukraine. Kyiv Post (Ukraine) (2/14) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  • Canadian envoy criticizes Keystone XL media coverage
    The media's coverage of TransCanada's Keystone XL pipeline drew criticism from Gary Doer, Canada's ambassador to the U.S. "Twenty people protesting do get more attention in the media than the 65% of Americans that prefer to get their oil from Canada rather than Venezuela or the Middle East," said Doer. "So am I concerned about the fact that sometimes the media will go with a picture as opposed to, sometimes, logic? That's just part of how issues are covered." The Hill/E2 Wire blog (2/17) LinkedInFacebookTwitterEmail this Story
  API News 
  • API 580/581 Risk Based Inspection, March 12 to 14
    The American Petroleum Institute conducts training classes that help attendees understand and use its Risk-Based Inspection techniques. Don't miss the chance to attend one of API's courses to learn which RBI technologies, procedures and working processes comply with the API RP 580 and API Publication 581. Together, these two documents comprise the widely recognized benchmark for industry-accepted RBI practices. Learn more. LinkedInFacebookTwitterEmail this Story
  • Another chance to support U.S. natural gas exports
      
    The Obama administration is asking for a second round of comments to get your thoughts on liquefied natural gas exports. Thanks to our abundant natural gas resources, America has a multibillion-dollar opportunity at its fingertips. According to a recent Department of Energy study, LNG exports have the potential to generate up to $47 billion in new economic activity in the U.S. by 2020. Don't wait: Tell the Department of Energy that we can't miss this opportunity to tap into our LNG potential. LinkedInFacebookTwitterEmail this Story

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