Lonestar acquires Eagle Ford acreage

Lonestar Resources US Inc, Fort Worth, said it has identified 26 drilling locations in the Late Cretaceous Lower Eagle Ford formation on acreage it acquired in Sugarkane field from Sabine Oil & Gas Corporation, Houston, and an affiliate and Alerion Gas AXA LLC.   Lonestar…

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People in the News

Canopius swoops for energy leader from Beazley Specialty re/insurer Canopius has hired Rachel Sabbarton as a senior underwriter within its energy team.   Ms Sabbarton joins from Beazley Group, where she was deputy head of energy. She will report to Geoff Tin before succeeding him…

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Oman Merges Oil Companies to Create Refining-to-Trading Business

The largest Persian Gulf producer which is not an OPEC member is combining state-run oil investment and refining companies to form a business which spans pumping crude and natural gas to processing and trading fuels.   Government-owned Oman Oil Company and Oman Oil Refineries &…

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Turkstream pipeline installation completed ahead of schedule

Allseas’ giant pipelayer vessel Pioneering Spirit has completed the installation of the second line of the Turkish Stream (TurkStream) pipeline in the Black Sea between Russia and Turkey.   “The construction of the Turkish Stream, a new gas pipeline connecting Russia and Turkey through the…

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Iraq Emerges as Iran’s Top Export Destination

Iraq has emerged as Iran’s top export destination in the current Iranian year, an official announced.   The director of the export bureau of Iran’s Customs Office, Ali Akbar Shadmani, said the value of the country’s exports since the beginning of the current Iranian year…

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Novatek reports gas-condensate discovery

Novatek-Yurkharovneftegas has discovered natural gas in the Nyakhartinskiy licence area of Russia’s Yamalo-Nenets Autonomous Area (north-east of Moscow)   The PO-1 exploration well flowed more than 300,000 cu m/day of natural gas and condensate from Lower Cretaceous sediments, according to Novatek, of which the operator…

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Block Energy notes ExxonMobil’s entry into Georgia

Block Energy, the exploration and production company focused on the Republic of Georgia, has announced that ExxonMobil is set to carry out a comprehensive review of western Georgia’s hydrocarbon resource base and potential, following the signing of an agreement with the LEPL State Agency for…

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Corpus Christi LNG Export Facility Starts Production

Cheniere Energy has begun producing liquefied natural gas from its Corpus Christi Liquefaction project in Texas’ Coastal Bend region, Bechtel reported on the 14th November.   Bechtel stated that the first Corpus Christi Liquefaction production train is the latest of six LNG trains which it…

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