Newfield Signs Interim Oil Sales Agreement With Big West

Newfield Exploration Company signed an interim agreement to resume oil sales with Big West Oil Co. LLC, a subsidiary of Flying J Inc., for deliveries of black wax production from its Monument Butte oil field in the Uinta Basin of the Rockies. Volumes to be delivered range from 9,000 – 14,000 BOPD. This compares to previous deliveries of approximately 9,000 BOPD. The new arrangement provides for... 

Tag: newfield mining, newfield exploration flying j, big west oil gas, crude oil sales partnership, big west oil llc

Gran Tierra Energy Announces Temporary Suspension of Production Operations in Its Costayaco and Juanambu Oil Fields, Colombia

Gran Tierra Energy Inc. a company focused on oil exploration and production in South America, announced that it has temporarily suspended production operations in the Costayaco and Juanambu oil fields in the Putumayo Basin of southern Colombia. Production from other assets in the Putumayo Basin, the Llanos Basin and the lower Magdalena Basin continues unimpeded. This temporary suspension of production... 

Enbridge Energy Partners Plans Non-Binding Open Season for Firm Capacity on Midla Interstate Natural Gas Pipeline System

Enbridge Energy Partners, L.P. announced a non-binding Open Season for additional firm capacity on its Enbridge Pipelines (Midla), L.L.C. subsidiary’s interstate natural gas transmission ‘Midla’ pipeline system. The Midla system is a 170-mile, 22-inch diameter low-pressure pipeline spanning Louisiana and Mississippi from the Perryville Hub area at the north end of the system to the... 

Tag: west bay oil livonia michigan, west bay exploration and livonia mi

Khurbet East Oil Field Production Exceeds 11,500 Barrels per day

Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in Syria, Iraq, and USA, announced that stabilized oil production through the Khurbet East Early Production Facility (“EPF”) now exceeds 11,500 barrels of 25.7 degree API oil per day (bopd), with production from three vertical and two horizontal wells. Oil production through Khurbet... 

Enbridge and BP Announce Agreement to Develop Delivery System for Canadian Crude Oil From Illinois to the U.S. Gulf Coast

Enbridge Inc. and BP Pipelines Inc. announced they have entered into an agreement to develop a new delivery system to transport Canadian heavy crude oil from Flanagan, Illinois, to Houston and Texas City, Texas, using a combination of existing facilities and new pipeline construction where required. The new delivery system is expected to be in service by late 2012 with an initial total system capacity... 

Tag: cross country pipeline to cushing ok, construction year bp texas city pipeline, flannigan patoka pipeline, pipeline company plans work from canada to cushing oklahoma, bp pipelines canada

Echo Energy Releases Comprehensive Update on Natural Gas and Oil Projects

Echo Energy Canada Inc., active in natural gas and oil exploration, has drilled 71 wells since 2001 in Bayham Township, Elgin County and Houghton Township, Norfolk County, south of the town of Tillsonburg, Ontario. All currently drilled wells have tested gas from the Silurian-aged Thorold sandstone, at depths varying from 1350 to 1460 feet. One well, Echo 57, was drilled into the Cambrian sandstone... 

Tag: canada natural gas mining companies, echo water oil drilling, pacifico drilling mining, salvatore pacifico

Echo Energy Releases Comprehensive Update on Natural Gas and Oil Projects

Echo Energy Canada Inc., active in natural gas and oil exploration, has drilled 71 wells since 2001 in Bayham Township, Elgin County and Houghton Township, Norfolk County, south of the town of Tillsonburg, Ontario. All currently drilled wells have tested gas from the Silurian-aged Thorold sandstone, at depths varying from 1350 to 1460 feet. One well, Echo 57, was drilled into the Cambrian sandstone... 

Tag: london mining 71 million

U.S. Petroleum Demand Dropped Slightly in 2006, Second Straight Annual Decline

While oil companies reaped gargantuan profits in 2006 amid high prices, U.S. demand for petroleum dipped for the second year in a row, a trade group said Friday. Total petroleum deliveries, a measure of demand, fell by roughly 1 percent to 20.6 million barrels per day, down from 20.8 million in 2005, which was below the 2004 level, according to a report by the American Petroleum Institute. Residual... 

Petrolifera’s Argentina drilling success continues

Petrolifera Petroleum Limited announced today that its RN.PM a-1032 well, situated southwest of the recently-tested 1019 oil well on the northern portion of its Puesto Morales Block in the Neuquã©n Basin, Argentina, is in the process of being cased as an indicated multi-zone oil discovery after completion of drilling and logging procedures. This marks the fourteenth successive oil well or indicated... 

China’s CITIC Group pays 1.9 billion dollars for Nations Energy’s Kazakh oil

Chinese conglomerate CITIC Group has agreed to pay 1.9 billion dollars for Canada-based Nations Energy’s oil assets in Kazakhstan, the companies said. State-controlled China International Trust and Investment Corp has so far only had limited exposure to the oil business, but the Kazakhstan foray could potentially prove a lucrative deal for the sprawling group, observers said. “It’s...