North America ///

Trump said to pick LaFleur as chairman of U.S. Energy Regulator

President-elect Donald Trump plans to name Cheryl LaFleur chairman of the Federal Energy Regulatory Commission, an agency charged with overseeing the nation’s power grid and deciding on multi-billion-dollar energy projects, two people familiar with the situation said.

Schlumberger posts a loss as slump weighs on oil services

Schlumberger reported a fourth-quarter loss as oil’s slump continued to weigh on demand for drilling services.

Fairmount Santrol extends Propel SSP proppant transport technology

Fairmount Santrol announced today an extension to Propel SSP proppant transport technology, which increases hydraulic fracturing efficiency, for plays where operators face high produced water disposal costs and constraints on freshwater availability.

Danos awarded contract for Hess Stampede platform

Danos has secured a contract to perform mechanical hook-up and commissioning (HUC) support services for the Hess Stampede tension leg platform (TLP) in the Gulf of Mexico.

Plains All American to expand Permian basin pipeline

Plains All American Pipeline (PAA) is to expand the capacity on its Cactus pipeline from McCamey to Gardendale, Texas, to approximately 390,000 bpd.

NextDecade signs lease to develop LNG export project at Texas City

NextDecade has signed lease agreements with the State of Texas and the City of Texas City for a close to 1,000-acre site at Shoal Point for the potential development of a multi-billion-dollar LNG export facility.

Schlumberger signs two long-term Transocean service agreements

Cameron, a Schlumberger company, today announced the signing of two 10-year pressure control equipment management service contracts on behalf of Transocean valued at greater than $350 million.

Dresser-Rand commissions its first small-scale LNG production solution

The Dresser-Rand business, part of Siemens Power and Gas, has commissioned its first small-scale natural gas liquefaction system at the Ten Man liquefied natural gas (LNG) facility near Mansfield, Pa.

Online oil and gas lease sale nets $84 million for Permanent School Fund

Commissioner George P. Bush today announced that the Texas General Land Office's (GLO) fourth online sale of oil and gas leases earned public education more than $84 million.

Oil falls as IEA chief sees ‘significant’ boost to U.S. output

Oil fell in New York, reversing earlier gains, after the head of the International Energy Agency (IEA) predicted a rebound in U.S. supply.

TechnipFMC begins operating as unified entity following merger

TechnipFMC has announced that it is operating as a unified, combined company following completion of the merger of FMC Technologies and Technip.

Exxon Mobil goes big in the Permian with multi-billion-dollar deal

Exxon Mobil Corporation will more than double its Permian basin resource to 6 Bboe through the acquisition of companies owned by the Bass family of Fort Worth, Texas, with an estimated resource of 3.4 Bboe in New Mexico’s Delaware basin, a highly prolific, oil-prone section of the Permian basin.

Owen Oil Tools launches new line of shaped charges for unconventional frac operations

Owen Oil Tools, a division of Core Laboratories, recently launched its HERO PerFRAC line of shaped charges.


Jim Redden, Contributing Editor

High-flying duo checks all the boxes

First oil

Kurt Abraham, World Oil

Industry can learn lessons from brutal WWII battle

Noble Energy expands in Permian with $2.7-billion Clayton Williams buy

Noble Energy is to acquire all of the outstanding common stock of Clayton Williams Energy for $2.7 billion in a stock and cash deal.

Lloyds Energy files LNG export application with DOE

Lloyds Energy Group announced that it has submitted a formal application with the Department of Energy (DOE) to export LNG to countries which have a Free Trade Agreement (FTA) with the U.S. from its proposed facility in Calhoun County, Texas.

ConocoPhillips reports major discovery in Alaska

ConocoPhillips Alaska has made a new oil discovery in the Greater Mooses Tooth (GMT) Unit located in the northeastern portion of the National Petroleum Reserve–Alaska (NPRA).

As OPEC acts on New Year’s resolution, U.S. shale pumps away

U.S. shale is getting in the way of a New Year’s resolution by OPEC to cut production and boost the market.

MEG expands Christina Lake project, taps debt market as oil rebounds

MEG Energy Corp. is boosting production at its Christina Lake project in Alberta and tapped debt and equity markets for financing, further signs of a rebound in Canada’s oil patch as crude prices stabilize.