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TransCanada stands by Keystone XL route while awaiting appeal The company says the pipeline’s route through Nebraska is valid despite district court ruling. Full Article Share: 
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BP starts oil production at Na Kika Phase 3 in Gulf of Mexico The company begins production from another major upstream project, highlighting its commitment to the key US offshore region. Full Article Share:
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Nebraska oil production reaches 2.8 million bpd in 2013 The Nebraska Oil and Gas Commission said oil production in the state reached approximately 2.8 million barrels of oil in 2013, up from 2.5 million bpd the previous year. Full Article Share:
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Chesapeake considering sale of Oilfield Services division Chesapeake management believes that COS can maximize its value to Chesapeake shareholders outside of the current ownership structure. Full Article Share:
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Saipem awarded two new offshore construction contracts Saipem has won new Engineering & Construction offshore contracts in Indonesia and in the Republic of Congo, for a total amount of approximately $520 million. Full Article Share:
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Santos expects production to rise with new gas export projects Australia-based oil and gas exploration and production firm Santos said it missed its revenue target for 2013, but is optimistic about production in 2014. Full Article Share:
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FTTN: Louisiana oil well expected to produce 4 million barrels South Lake Charles, Louisiana, asset owned by First Titan Corp. is entering final stages of testing before going online for initial production. Full Article Share:
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American Energy Woodford raises funds for shale acreage Financing proceeds will initially be used to acquire approximately 120,000 net acres of leasehold and approximately 6,000 net bbls of oil equivalent daily production in the play. Full Article Share:
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Verdande Technology's DrillEdge mud motor failure capability uses CBR to deliver oil wells consistently within prescribed times.
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