Saturday, December 28, 2024
Santos eyes first oil production from Alaska’s Pikka Project in 2026- oil and gas 360

Santos eyes first oil production from Alaska’s Pikka Project in 2026

World Oil (WO) – In its quarterly report, Australia’s Santos Ltd. announced it expects first oil production from it’s Pikka Project in 2026. The Pikka project, in Alaska’s North Slope, has made “excellent progress over the winter months in Alaska,” Santos reported. According to the statement, the Pikka Project is 47% complete as of March 31, 2024. Rig operations were

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count had an increase of 2 this week, at 619

Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had an increase of 2 over last week, resulting in a total count of 619 rigs. Canada had a decrease of 14 over last week, resulting in a total Canadian count of 127 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford,

US restricts drilling and mining in Alaska wilderness, angering state leaders- oil and gas 360

US restricts drilling and mining in Alaska wilderness, angering state leaders

US News The Biden administration on Friday took steps to limit both oil and gas drilling and mining in Alaska, angering state officials who said the restrictions will cost jobs and make the U.S. reliant on foreign resources, but pleasing environmentalists. The measures are aligned with President Joe Biden’s efforts to rein in oil and gas activities on public lands

Oil slips after Iran plays down reported Israeli attack-oil and gas 360

Oil slips after Iran plays down reported Israeli attack

Yahoo Finance Oil slipped on Friday following an earlier price spike of more than $3 after Iran played down reported Israeli attacks on its soil, in a sign that an escalation of hostilities in the Middle East might be avoided. Brent futures were down 72 cents, or 0.83%, at $86.39 a barrel by 1314 GMT. The front month U.S. West