NorthAmOil - North America Oil & Gas

Shell renews interest in Alaska

Royal Dutch Shell has proposed exploring for oil and gas in state waters offshore Alaska, around five years after it abandoned its last attempt at exploration off the state’s coast.

EQT reportedly bids for Chevron’s Appalachia assets

Shale gas producer EQT has reportedly put in a bid for gas properties and a pipeline stake in the Appalachian Basin, both of which are being sold by Chevron.

NRG: Steps being taken in several directions

EOG signs deal for Oman’s Block 36

EIA raises 2020 oil price forecast, but lowers 2021 outlook

The US Energy Information Administration (EIA) has raised its crude price forecast for the whole of 2020. However, it also lowered the price forecast for 2021 slightly compared to its previous projections.

Calfrac delays vote on recapitalisation plan following takeover offer

Calgary-based Calfrac Well Services has postponed a vote on a recapitalisation plan proposed by its management from September 17 to September 29. The delay came after Texas-based Wilks Brothers launched an unsolicited takeover bid for the company.

North Dakota’s oil output up in July

North Dakota’s oil production rose above 1mn barrels per day in July, according to state data reported this week. This marked the first output increase in two months for the state.

Gulf operations shut in again as Hurricane Sally hits

Oil and gas operations in the US Gulf of Mexico and on the Gulf Coast were shut in again this week as Hurricane Sally passed through the region and made landfall in Alabama.