Oil & Gas Financial Weekly 12/22

OGFJ Weekly provides quick access to current and archived content made most popular by our readers over the past seven days. OGFJ Weekly content is compiled from the archives of OGFJ.com, Oil & Gas Financial Journal, and OGFJ newsletters. See what content caught readers' eyes recently--perhaps there's something you missed! 

Oil price downturn hits upstream M&A markets Upstream deal markets slowed significantly during the period from October 17 to November 16 both in the US and internationally as oil prices fell to a four-year low in the mid-$70s.Here, PLS takes a look at select deals from the period. Share:
Innovation from smaller service firms Innovators are found in many companies, but they often pursue ideas in smaller firms where they have more freedom to experiment. In this special report, OGFJ takes a look at a few innovations from the oilfield services industry. Share:

Wrapping Up: Developments at DOE affecting LNG exports in 2014 In 2014, the DOE issued several notable regulatory opinions affecting the export of domestic natural gas, including the publication of new environmental studies and economic reports that will impact LNG project developers and would-be exporters in 2015. The year 2014 also brought the sharpening of environmental issues facing LNG export projects seeking approval from the FERC, which will continue to be reviewed and refined next year. Share:

Eastern gas basis: pipeline pain or gain? The Marcellus shale gas revolution has ramped up production so quickly that pipelines have been unable to keep up. The lack of takeaway capacity in the Marcellus has caused basis points there to be oversupplied and basis points less than 300 miles away to be supply constrained during cold winter months. Share: Energy insurance trends The cost of oil and gas insurance claims continues to rise. To date in 2014, the energy sector experienced the largest loss of the year based on a fire at a Siberian refinery complex in June, reported to be approximately US800M. Share: Industry Briefs Want a quick round-up of recent news in the oil and gas space? Many last week did---and this is where they found it. Share: Venture Global to develop LNG export facility in Louisiana Venture Global LNG is developing a liquefied natural gas export facility, the Calcasieu Pass Project, in southwestern Louisiana. The export facility in Cameron Parish, Louisiana will be 203 acres along the Calcasieu Ship Channel where it meets the Gulf of Mexico. Share: Analysts forecast 400-500 drop for US rig count Domestic rig activity is forecast to drop sharply in the coming months unless “something unexpectedly positive happens with oil prices,” noted Cowen & Co. analysts in a recent industry update. Share: Drones in oil and gas UAS manufacturers are focusing on commercial applications of unmanned aircraft in the petroleum industry. Share: