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U.S. Oil and Gas Rig Count Rises to 285 Heading Into Final Quarter of 2020
September 8, 2020
The US oil and natural gas rig count rose by three on the week to 285, rig data provider Enverus said Sept. 3, as the final trimester of the year approaches with the drilling arena not showing much change. Two
ConocoPhillips’ Alaska Project Likely Safe from Potential Biden Regulatory Changes
September 8, 2020
ConocoPhillips’ development of its Willow discovery in Alaska appears relatively safe from any foreseen changes should Joe Biden be elected US president in November, a top company executive said Sept. 2. If Biden, the Democratic Party candidate who has pledged
Kinder Morgan Resumes Construction at Permian Highway Pipeline After Suspicious Package Found
September 8, 2020
Kinder Morgan Inc. has restarted construction activities along the Permian Highway Pipeline (PHP), one day after contractors discovered a “suspicious package” at a work site in Blanco, in the Texas Hill Country. Kinder immediately halted work in the immediate vicinity
Interior Department Seeks to Expedite Energy Projects to Speed COVID Recovery
September 4, 2020
The Interior Department sent a list of 50 major infrastructure projects, including 21 involving oil and gas drilling and mining, to the White House to be fast-tracked to “support economic recovery” from the ongoing COVID-19 emergency, according to a document
U.S. Bureau of Land Management Aims for California Drilling Auction by Year-End
September 4, 2020
The Trump administration on Wednesday said it planned to hold a sale of oil and gas leases in California before the end of the year, in what would be the first drilling auction in the Golden State since 2013. The
Canada’s Whitecap Resources to Acquire NAL Resources for $118 Million
September 3, 2020
Canadian oil producer Whitecap Resources has signed a deal to acquire NAL Resources, a subsidiary of insurance and financial services provider Manulife Financial, for approximately $118.59 million. Under the terms of the agreement, Whitecap will issue 58.3 million shares to
Texas Judge Denies Sierra’s Request to Stop Construction of Kinder Morgan’s Permian Highway Pipeline
September 3, 2020
A federal judge in Texas has denied the Sierra Club’s request to stop construction of the $2.3 billion, 429-mile Permian Highway pipeline that would carry natural gas from the Permian Basin shale region in west Texas through the state’s scenic
San Mateo Commissions Expanded Black River Processing Plant, New Mexico
September 3, 2020
San Mateo Midstream has successful completed and commissioned the expansion of its Black River cryogenic natural gas processing plant in Eddy County, New Mexico. The expansion project added an incremental inlet capacity of 200 million cubic feet of natural gas
Storm Damages Continue to Hamper U.S. Gulf of Mexico Energy Operations
September 3, 2020
Catastrophic damage to power lines and communications outages on Monday weighed on U.S. Gulf Coast refineries’ post-Hurricane Laura assessments and on offshore oil and gas production. Energy companies continued to inspect and restart offshore operations while onshore repairs were hampered
Whiting Petroleum Completes Reorganization, Emerges from Chapter 11 Protection
September 2, 2020
Whiting Petroleum Corporation has successfully completed its financial restructuring and emerged from Chapter 11 protection. Whiting officially concluded its reorganization after completing all required actions and satisfying the remaining conditions to its plan of reorganization. “We are excited to begin
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