Tagged Permian

Record production volumes lift Chevron profit

By Offshore Energy Today.. Oil major Chevron Corporation saw an increase in its quarterly earnings boosted by record production volumes driven by growth in the Permian Basin and at Wheatstone in Australia. … Read Full Article Here For more great articles: Offshore Energy Today

Top news of the week April 8-14

By Bojan Lepic Tellurian launches PGAP open season US LNG export project developer, Tellurian, said its unit Permian Global Access Pipeline is conducting a binding open season to secure prospective shippers for its proposed PGAP project (PGAP). Shell calls it quits at Baltic LNG project The Hague-based LNG giant Shell has decided to drop out…

Tellurian launches PGAP open season

By LNG World News US LNG export project developer, Tellurian, said its unit Permian Global Access Pipeline is conducting a binding open season to secure prospective shippers for its proposed PGAP project (PGAP). Read Full Article Here For more great articles: LNG World News

Chevron’s third quarter profit jumps

By LNG World News US energy major Chevron reported a $1.95 billion profit for the third quarter of 2017, jumping 51 percent from $1.28 billion in the corresponding quarter last year. “We continue to see improvement in the underlying pattern of earnings and cash flow,” said chairman and CEO John Watson, said, adding that the…

Chevron appoints new head

By LNG World News Chevron has named Michael Wirth as the company’s new chairman and CEO, succeeding John Watson who will retire from the company on February 1, 2018, after 37 years service, including eight years as chairman and CEO. Speaking following his appointment, Wirth said that the company, under Watson’s leadership, developed assets in…

Searcher Seismic starts work offshore Argentina

By Offshore Energy Today Searcher Seismic has started a multi-phase work offshore Argentina, with the first phase being an Offshore Basin Analysis Report providing a regional framework to understand the offshore basins of Argentina, assisting industry’s exploration efforts. The report has a single stratigraphic scheme with several new play concepts, ranging from Permian to Miocene…

Beach Energy hits more gas in Cooper Basin

By LNG World News Australian oil and gas explorer, Beach Energy, completed its four‐well Permian gas exploration and appraisal campaign in the ex PEL 106 and ex PEL 91 in the Cooper Basin, hitting gas at Mohakami-1 well. The well tested a western extension of the Southwest Patchawarra gas fairway intersected 10.1 meters of net…

EagleClaw advances midstream growth plans in Delaware basin

EagleClaw Midstream Ventures LLC, Midland, Tex., has entered a deal to acquire Houston-based PennTex Midstream Partners LLC subsidiary PennTex Permian LLC as part of an ongoing strategy to expand gathering, compression, treating, processing, and transportation services for producers in the Permian’s Delaware basin. Read Full Article Here For more great articles: Oil & Gas Journal…