Canada

Exploration & Production

Alberta’s Smaller Oil Producers Eye Output Boost After Curbs Lifted

The new United Conservative Party government doubled an exemption threshold in the curtailment policy to 20,000 barrels per day, eliminating constraints on 13 companies whose output falls below that level.

August 21, 2019

Trends

A&D Transactions From The Week Of Aug. 21, 2019

Here’s a snapshot of energy deals from the past week including a Permian Basin acquisition by Vermilion Cliffs plus the closing of the roughly $422 million merger of rivals TGS and Spectrum.

August 21, 2019

Public Capital , Acquisitions & Divestitures , Pipelines

Kinder Morgan Scores Roughly $2.5 Billion Asset Sale

Houston-based Kinder Morgan is cashing in its Canadian affiliate plus ownership in the Cochin pipeline through asset sales to Pembina Pipeline worth roughly $2.5 billion.

August 21, 2019

Lease Sales

On The Market Quicklist (Week Of Aug. 21, 2019)

Here’s a quicklist of oil and gas assets on the market including a roughly 24,000 net-acre contiguous, operated position in the Olmos trend of South Texas and Wolfcamp nonop assets in the Permian.

August 21, 2019

Exploration & Production

Exxon Mobil: Production Shut At Hibernia Oil Platform After Power Outage

Power was restored the same day, but production has not yet resumed, the company said in a statement.

August 19, 2019

Field Development

Husky To Resume Full Production At White Rose Field

Husky, the operator and majority owner of the White Rose Field, said it expects production there to ramp up to about 20,000 barrels per day after the start-up.

August 16, 2019

Exploration & Production

Exxon Mobil: Canada’s Hibernia Oil Platform Resumes Production

The platform will take necessary time to reach full production in a safe and environmentally responsible manner, the company said in a statement.

August 15, 2019

Trends

A&D Transactions From The Week Of Aug. 14, 2019

Here’s a snapshot of energy deals from the past week including the closing of Occidental’s $55 billion takeover of Anadarko Petroleum and Qatar’s $550 million buy-in of Permian midstream.

August 14, 2019

Lease Sales

On The Market Quicklist (Week Of Aug. 14, 2019)

Here’s a quicklist of oil and gas assets on the market including EOG Resources Marcellus Shale assets and a Permian Basin minerals position from AE&J Royalties.

August 14, 2019

Infrastructure , Health, Safety & Environment , System Integrity

Enbridge Needs US Approval To Restart Natgas Pipe After Ky. Blast

PHMSA says it won’t allow the company to restart two lines until an investigation is complete.

August 12, 2019