• Outrage and budgets
  To understand oil and gas implications of a White House budget proposal that, in comparison with predecessors, seems sketchy, consider an image from US President Donald Trump's visit to Saudi Arabia.
• Sound, fury, or substance?
  You've put your downstream technology editor in an awkward position, as the role requires having to reject your manuscripts without wanting to discourage future submissions. In an era where your legal departments have outlawed attaching your names to any article, these rejections are painful.
• OGJ Newsletter

  International news for oil and gas professionals
  

• Having made power pricey, Alberta now seeks rate cap

  Alberta is anticipating a problem it begat with yet another problem.

• EIA: US gasoline prices at $2.40/gal heading into Memorial Day weekend

  US gasoline prices heading into Memorial Day weekend average $2.40/gal, up 10¢ from last year’s average, the US Energy Information Administration reported.

• Outrage and budgets
  To understand oil and gas implications of a White House budget proposal that, in comparison with predecessors, seems sketchy, consider an image from US President Donald Trump's visit to Saudi Arabia.
• OGJ Newsletter

  International news for oil and gas professionals
  

• Energean signs pact for Western Greece onshore block

  Energean Oil & Gas SA, Athens, has signed a lease agreement with the Greek government for the exploration and exploitation of hydrocarbons on the 4,360-sq-km Aitoloakarnania block onshore western Greece.

• Tag Oil reports success with Cheal-E8 exploration well in New Zealand

  Tag Oil Ltd., Vancouver, BC, reported the successful drilling and flow testing of its Cheal-E8 exploration well, which will now be tied-in to the company’s existing production systems as a permanent producer. The well was drilled on the company’s operated Cheal East permit (PEP 54877) in New Zealand’s Taranaki basin. The well was drilled to a total measured depth of more than 2,000 m.

• Seismic program planned off Sri Lanka’s east coast

  The Sri Lanka government is planning what it is calling a “first-ever” seismic acquisition off the country’s east coast, under a joint exploration agreement with France’s Total SA.

Drilling and Production News

• BHI: Colorado, gas-directed rigs lead latest US rig count rise

  The Baker Hughes Inc. US rig count’s 19^th straight weekly increase came by way of Colorado and gas-directed rigs instead of the usual lift from Texas and oil-directed rigs.

• Canada to limit oil, gas methane emissions

  Oil and gas producers in Canada face new controls on methane emissions under regulations proposed May 25 by the federal government.

• Statoil gets nod to start production at Gina Krog field in North Sea
• EP Energy, Tesoro form Uinta drilling partnership

  Houston producer EP Energy Corp. and San Antonio refiner Tesoro Corp. have formed a joint venture to fund a 60-well oil and gas development program in EP Energy’s Altamont program in the Uinta basin of Utah.

• Ineos to buy DONG Energy’s oil, gas business for $1.3 billion

  Ineos AG has agreed to acquire DONG Energy AS’s oil and gas business for an unconditional payment of $1.05 billion plus contingent payments of $150 million related to the Fredericia stabilization plant and as much as $100 million subject to development of Rosebank field.