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Exploration
Oil Search expands Alaskan portfolio
Oil Search Ltd., Port Moresby and Sydney, has expanded its acreage position on the North Slope of Alaska following the recent 2018 Alaska Lease round with the acquisition of interests in prospective blocks close to and adjacent to its existing positi...
Equinor, Aker BP dominate Norwegian licensing round
Equinor and Aker BP dominated awards by Norway’s Ministry of Petroleum as part of the Award in Predefined Areas (APA) for 2018 held Jan. 15. Thirty-three companies were offered ownership interests in 83 production licenses on the Norwegian Continen...
Colorado Supreme Court reverses impact analysis requirement ruling
The Colorado Supreme Court reversed a lower court’s decision that would have required the Colorado Oil & Gas Conservation Commission to consider potential health and climate impacts before authorizing more exploration and production. The suit w...

Drilling & Production
Colorado Supreme Court reverses impact analysis requirement ruling
The Colorado Supreme Court reversed a lower court’s decision that would have required the Colorado Oil & Gas Conservation Commission to consider potential health and climate impacts before authorizing more exploration and production. The suit w...
MARKET WATCH: Crude oil prices fall on slowing Chinese economic indicators
The light, sweet crude oil price for February dropped more than $1 on the New York market Jan 14 to settle just above $50.50/bbl while Brent crude for March dropped nearly $1.50 to settle just under $59/bbl in London.
Watching Government: Offshore oil, gas foes’ bills
US House Democrats wasted little time before seven of them introduced bills on Jan. 8 aimed at keeping oil and gas exploration from expanding off their coastal states’ shores. The federal measures came as state legislators in Connecticut, Georgia, ...