Canada's National Energy Board granted permission to Kinder Morgan Canada to begin construction on a large section of the Trans Mountain pipeline expansion between Edmonton, Alberta, and Kamloops, British Columbia. Kinder Morgan has already started preliminary work in Alberta, but there are concerns the project could exceed its $5.6 billion budget and miss its December 2020 startup deadline.
The American Petroleum Institute held an event in Florida this week as part of its Explore Offshore program in an attempt to promote oil and natural gas drilling off the state's coast. "94 percent of America's offshore energy resources are completely off-limits to natural gas and oil development, disallowing hundreds of thousands of American jobs and abundant domestic energy supply, and keeping us reliant on foreign sources," said Explore Offshore Co-Chairman Jim Nicholson.
North Dakota produced 1.225 million barrels of oil per day and 2.3 billion cubic feet of natural gas per day in June, a slight decline from 1.246 million barrels per day and 2.315 billion cubic feet per day in May. The number of producing wells climbed to a record of 14,778 in June, while the state's active rig count was 58 as of Thursday, according to the state's Department of Mineral Resources.
Integrating digital tools such as mobile apps and advanced data analytics into operational excellence management systems can help oil and natural gas organizations improve decision-making processes, ensure and evaluate compliance with company standards and cement a culture of continuous improvement, according to partners at Bain & Co. Successfully implementing a digital OEMS will require companies to refocus on and enhance information management discipline and clear standards.
Small-refinery waivers issued by the Environmental Protection Agency prove just how problematic the Renewable Fuel Standard program is, said American Petroleum Institute Downstream and Industry Operations Group Director Frank Macchiarola. "We're optimistic that there are bipartisan groups in both the House and Senate who recognize that this program is deeply flawed. Nevertheless, the legislative process is slow, and it will take time," Macchiarola said.
An appraisal well drilled at Equinor's Sigrun discovery in the North Sea showed better-than-expected results, says the Norwegian Petroleum Directorate. The estimated reserve potential has been revised from 1.8 million to 8.8 million barrels of recoverable oil equivalent to 6.9 million to 12.5 million barrels.
Artificial intelligence can help manage the vast data sets needed and used in the oil industry, making them more accessible, but that will require the cooperation of current and future industry employees, writes Marc Boudria. Current employees will serve as AI instructors, with future employees encountering more automation.
Oil and gas companies are making a renewed push for lawmakers to open up the Florida offshore region to drilling and exploration. The Interior Department said in January that nearly all federal waters would be open for exploration.
Total is looking for additional oil in Africa, with plans to drill exploratory wells in Senegal and Mauritania after gathering seismic survey data, says company executive Guy Maurice. Total is focused on conventional oil in sub-Saharan Africa and the Middle East, while other majors are relying on US shale.
Waters near Antarctica are giving off more carbon dioxide than expected during the winter, says a study in the journal Geophysical Research Letters. The Southern Ocean might not be absorbing as much carbon as previously thought, which could play a role in climate change, says lead author Alison Gray of the University of Washington.
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