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Monday, February 24, 2014

Penn EnergyToday's Headlines

Today's Headlines
• Construction of Kentucky natural gas pipeline delayed until 2016 Facebook Linkedin Twitter Forward to Friend
• Statoil hits gas at Kramsno; oil prospects disappoint Facebook Linkedin Twitter Forward to Friend
• New offshore well comes on-stream for Petrobras Facebook Linkedin Twitter Forward to Friend
• Massive new Baker Hughes facility takes aim at oil reserves Facebook Linkedin Twitter Forward to Friend
• SKK Migas: Indonesia oil production fails to reach 2013 target Facebook Linkedin Twitter Forward to Friend
• API continues focus on oil and gas rail transport safety Facebook Linkedin Twitter Forward to Friend
• Total makes oil discovery east of the Heimdal field in North Sea Facebook Linkedin Twitter Forward to Friend
• Williams receives commitments for Sunrise Expansion capacity Facebook Linkedin Twitter Forward to Friend
• Seadrill secures contracts for multiple drilling rigs in Mexico Facebook Linkedin Twitter Forward to Friend


Today's Headlines
Construction of Kentucky natural gas pipeline delayed until 2016
The construction of a planned natural gas pipeline in Kentucky has been delayed until 2016, The Associated Press reported.
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Statoil hits gas at Kramsno; oil prospects disappoint
Statoil with its partners has made a gas discovery in the Kramsno prospect in the Barents Sea, but says Johan Castberg exploration program has not delivered expected oil volumes.
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New offshore well comes on-stream for Petrobras
Petrobras announced that well 9-SPS-77, in the Santos Basin pre-salt Sapinhoa Field, came on-stream February 18th.
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Massive new Baker Hughes facility takes aim at oil reserves
The Artificial Lift Research and Technology Center opened with fanfare on February 20th.
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SKK Migas: Indonesia oil production fails to reach 2013 target
SKK Migas said oil production in Indonesia reached 825,000 barrels per day in 2013, less than the country's initial target of 840,000 bpd.
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API continues focus on oil and gas rail transport safety
The oil and natural gas industry continues to work collaboratively with the Department of Transportation and America’s railroad industry to improve rail safety.
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Total makes oil discovery east of the Heimdal field in North Sea
The well encountered a 21-metre gross oil column in the Heimdal formation, of which 19 metres were of good reservoir quality.
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Williams receives commitments for Sunrise Expansion capacity
Williams Partners expects to bring Atlantic Sunrise into service in the second half of 2017, assuming all necessary regulatory approvals are received in a timely manner.
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Seadrill secures contracts for multiple drilling rigs in Mexico
Petrobras awards Subsea 7 two contracts for remote intervention services with a combined value in excess of $90 million.
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