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January 15, 2021
The Baker Hughes U.S. rotary drilling rig count continues to rise, up by nine to 360 for the week ending Jan. 8, but still down substantially, by 421, from a count of 781 a year ago. When the count hit 244 in mid-August last year, it was not just the low for 2020, but the lowest the count has been...
January 15, 2021
The supervisory board of Fugro NV announced Jan. 12 that its Chief Financial Officer Paul Verhagen has decided to leave the company. Verhagen, who joined Fugro as CFO and member of the board of management in 2014, will step down after the annual meeting of shareholders on April 22. He will be nomina...
January 15, 2021
Providing coverage of Alaska and northern Canadas oil and gas industry 88 Energy buys Umiat oil fields 2 tracts Ahead of this winters Project Peregrine drilling at Merlin and Harrier firm buys NPR-A unit directly to south in bargain deal Kay Cashman Petroleum News 88 Energy said Jan. 11 that on Jan. 8 its wholly owned subsidiary Emerald House acquired the Umiat oil field in the National Petroleum Reserve-Alaska from Malamute Energy and Renaissance Umiat. The purchase price was a 4% overridi...
January 15, 2021
Alaska had the largest annual net increase of proved reserves of crude oil and condensate of any state in 2019, 259 million barrels, the U.S. Energy Information Administration said in its annual proved reserves report for 2019, released Jan. 11. The total includes both producing and proved nonprodu...
January 15, 2021
LONDON -- The British government on Thursday announced its decision to ban arrivals from more than a dozen South American countries and Portugal from Friday following the detection of a new coronavirus variant.
January 15, 2021
Providing coverage of Alaska and northern Canadas oil and gas industry NOAA fisheries proposes large Arctic seal critical habitat areas Alan Bailey for Petroleum News NOAA Fisheries has proposed designating critical habitat areas for ringed and bearded seals, two seal species which inhabit Arctic waters off the coast of Alaska. Both species have previously been designated as threatened under the Endangered Species Act. The critical habitat areas encompass all U.S.... [additional news su...
January 15, 2021
Providing coverage of Alaska and northern Canadas oil and gas industry IGU approves Canadian LNG supply contract Alan Bailey Petroleum News During its Jan. 5 meeting the board of the Interior Gas Utility approved the signing of a liquefied natural gas supply agreement with Vancouver, British Columbia, LNG producer Cryopeak LNG Solutions Corp. IGU, which supplies natural gas in the Fairbanks region, obtains its gas in the form of LNG fro.... You must be logged in to view this story. Please eithe...
January 15, 2021
Providing coverage of Alaska and northern Canadas oil and gas industry Oil patch insider: Talitha well spud; ANWR outsider; All not dire for oil under Biden Kay Cashman Petroleum News Pantheon Resources plc, the AIM-quoted oil and gas exploration company with working interests of 89.2% to 100% in Great Bear North Slope projects, said it spud the Talitha A well ahead of schedule on Jan. 13. The well, which the company describes as an appraisal well and the state labels an explorat.... [a...
January 13, 2021
Gilford says goodbye to outgoing executive assistant January 13, 2021The selectmen gave a fond farewell to a longtime employee before she went to serve another town. Former Executive Assistant Angela Bovill recently took the position of Administrative Assistant for Moultonboroughs board of selectmen. Her last meeting with the Gilford board was on Dec. 16, 2020, and she received warm wishes on her new path. Selectman Gus Benavides recognized Bovills years of service with Gilford. "Shes done a g...
January 11, 2021
Democrats in the US House of Representatives say they will introduce an article of impeachment against President Donald Trump on Monday, charging him with "incitement of insurrection" for encouraging the mob that stormed the Capitol on Wednesday as a joint session of Congress met to certify his election loss to President-elect Joe Biden.