Wednesday, September 3, 2014

PennEnergy's Daily Petroleum Update 9/3

Today's Headlines

Oil production at Alaska's Cook Inlet reaches more than 16,000 bpd

Oil production at Cook Inlet in Alaska has surged to 16,288 barrels per day in the first six months of this year, up 25 percent from the first half of 2013. …more>>
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Halliburton reaches $1B Gulf oil spill settlement

Halliburton agreed to pay $1.1 billion to settle what it calls "a substantial portion" of plaintiff claims arising from the 2010 BP oil spill in the Gulf of Mexico. …more>>
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Morgan Stanley proposes building Texas compressed natural gas export facility

Morgan Stanley plans to build a facility in Texas to export compressed natural gas. …more>>
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Offshore Gabon production update from Vaalco

Production from the Etame Marin block has resumed after the successful completion of previously announced maintenance work. …more>>
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Resuming ordinary operations at In Amenas gas plant

19 months after the In Amenas attack, Statoil and the joint venture partners are ready to resume ordinary operations at the plant. …more>>
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Study to look at financial impact of gas boom

Researchers are looking at whether money from the Marcellus Shale natural gas boom helps children and families in regions where companies are drilling. …more>>
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Dominion, Duke propose $5B natural gas pipeline

Gas is being relied upon to generate more of the nation's electricity in recent years because enormous new domestic supplies have drastically lowered its price. …more>>
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Mobil DTE 10 Excel Series advancing productivity with HOCNF approval

Mobil’s DTE 10 Excel Series is engineered to address the lubrication demands of high-pressure offshore hydraulic equipment. …more>>
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