May 14, 2019

Get Me Out of Here - Prospects for Expanding Outlets for Western Canadian Gas Supply

While it’s widely known that Canada’s natural gas prices and exports have been under increasing pressure from rising gas supplies in the U.S., forcing an ever-deeper discount for AECO — Canada’s primary gas price benchmark — versus U.S. benchmark gas prices, a homegrown development is making the situation worse. Growing unconventional gas supplies from the Montney and related plays in Western Canada are bumping up against insufficient pipeline takeaway capacity

Oil Observed on the Sea Surface at Statfjord

In connection with loading oil from buoy to shuttle tanker on the North Sea Statfjord field, oil was observed on the sea surface early this morning, 15 May. The loading operations were stopped when th… Gulfoilandgas.com Top News

Plan for Johan Sverdrup Phase 2 Approved

The plan for development and operation (PDO) of the second phase of the Johan Sverdrup field development was formally approved by Norwegian authorities on 15 May. The same day sees the construction st… Gulfoilandgas.com Top News