Smithville, Texas Oil Spill: Koch Pipeline Leaks Crude Southeast Of Austin – Huffington Post


WWL
Smithville, Texas Oil Spill: Koch Pipeline Leaks Crude Southeast Of Austin
Huffington Post
A Koch Pipeline Co.-owned pipeline spilled around 400 barrels, or about 17,000 gallons, of crude oil in Central Texas this week, KVUE reported. A Texas Railroad Commission representative told the station that the spill likely came from a leak in an
Gulf platform owner sued over deadly 2012 blastBrownsville Herald

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Sharara oilfield still closed despite ministerial visit – Libya Herald


Christian Science Monitor
Sharara oilfield still closed despite ministerial visit
Libya Herald
The ministerial delegation, accompanied by NOC head Nuri Berrwin, met the oilfield director to discuss the repercussions of stopping oil production. It also held consultations with the Ministry of Defence and General Staff over a plan for the Petroleum
Protests Halt Production at Libya’s Sharara OilfieldNASDAQ
Morocco in spotlight amid Libya oil disruptionsChristian Science Monitor
Libyan output drops below 300000 b/d after new protestsPlatts
4-traders (press release) –Ship & Bunker –OilPrice.com
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Barclays: US shale drilling offers more upside for oil-field services – MarketWatch (blog)

Barclays: US shale drilling offers more upside for oilfield services
MarketWatch (blog)
Oil companies’ U.S. drilling plans for next year are “impressive” and sure to keep oilfield services firms busy — and shareholders of companies such as Halliburton Co. and Baker Hughes Inc. happy. That’s from analysts at Barclays on Tuesday, who
Halliburton tops estimates on foreign oilfield strengthBusiness Recorder

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Westhoff officials concerned about speeding oil-field trucks near school – Victoria Advocate


Victoria Advocate
Westhoff officials concerned about speeding oilfield trucks near school
Victoria Advocate
Burwell, who has been on the Westhoff school board for 18 years, 14 as president, sees danger in speeding oilfield traffic on the rural road that runs alongside the 70-student campus. “All we are trying to do is get the trucks to slow down going past

Sonatrach discovers new oilfield in southern Algeria – PennEnergy (press release)

Sonatrach discovers new oilfield in southern Algeria
PennEnergy (press release)
Sonatrach discovers new oilfield in southern Algeria Algerian government-owned oil and gas company Sonatrach recently announced it made a new oilfield discovery in a southern region of the country. The field is estimated to contain 1.3 billion barrels
New oil field in Algeria discoveredOil & Gas Financial Journal
Algeria: Major oilfield found in southIndependent Online
Algeria starts work in oil-rich Illizi provinceUPI.com
Ventures Africa –Reuters
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US Shale Oil Production Causes WTI Price to Fall – OilPrice.com


Market Realist
US Shale Oil Production Causes WTI Price to Fall
OilPrice.com
According to data from the U.S. Energy Information Administration, U.S. crude oil inventories rose by 5.2 million barrels last week, the fifth largest build of the year, with stocks at the Cushing hub rising for the second week in a row. Over the past
Oil inventory build pushes crude oil to lowest post-June pricesMarket Realist
MARKET WATCH: Brent oil prices spike after weekend reports of Mideast unrestOil & Gas Journal
Oil prices divergeFRANCE 24
Tulsa World –MarketWatch –iNVEZZ
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The $5 Trillion Downside to Lower Oil Prices, & 4 More Things You'll Want to … – DailyFinance


ETF Daily News
The $5 Trillion Downside to Lower Oil Prices, & 4 More Things You’ll Want to
DailyFinance
But there’s a downside to $70 a barrel oil: At that price, it would become too expensive to pump the crude out of Texas’ Permian Basin, the second-richest oil field left in the world, thus derailing a $5 trillion energy boom. Joe Carroll and Edward
Permian Basin Oil InvestmentsEnergy and Capital
Crude at $80 in a year? Drillers jitterymydigitalfc.com

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Lines built for Texas wind power help supply Permian oil patch – Reuters


Bloomberg
Lines built for Texas wind power help supply Permian oil patch
Reuters
Electricity needs for oil, gas production strain grid. * Wind lines near completion as West Texas oil activity soars. * New wind lines designed for more wind-farm development. By Eileen O’Grady. HOUSTON, Oct 25 (Reuters) – High-voltage transmission
Oil’s $5 Trillion Permian Boom Threatened by $70 CrudeBloomberg
Permian Basin leads U.S. oil production, feds sayHouston Business Journal (blog)
‘High level of activity’ spurs West Texas worker demandHouston Chronicle
DailyFinance –Midland Reporter-Telegram –Odessa American
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This Texas Oil Field Is a Big Winner – DailyFinance


San Antonio Express
This Texas Oil Field Is a Big Winner
DailyFinance
We have a winner. Texas’ Eagle Ford Shale beat North Dakota’s Bakken Shale in the race to top one million barrels of oil production per day. This is according to new data from the EIA which estimates that the Eagle Ford Shale hit one million barrels
Has the Eagle Ford Shale crossed the 1 million barrel mark?FuelFix (blog)

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Output at Petrobras oil fields up 3.7% in September – PennEnergy (press release)

Output at Petrobras oil fields up 3.7% in September
PennEnergy (press release)
Output at Petrobras oil fields up 3.7% in September Oil output (oil plus natural gas liquids – NGL) from all of Petrobras’ fields in Brazil averaged 1.979 million barrels per day (bpd) in September. This volume is 3.7% higher than the average output of
Petrobras September oil, gas output rises as platforms reopenReuters
Petrobras Weighs New Mechanism to Price Gas, DieselWall Street Journal
PETROLEO BRASILEIRO PETROBRAS SA : Brazil Petrobras Crude Oil 4-traders (press release)
SBWire (press release) –Business News Americas
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Oil prices fall below $100. Still good for US economy? – Christian Science Monitor


Christian Science Monitor
Oil prices fall below $100. Still good for US economy?
Christian Science Monitor
Oil prices remain historically high, but the recent drop is a boost for consumers and companies who have been waiting for prices to reflect increased production in North Dakota, Texas, and other shale formations across the US. Those sites are at risk
Oil: Price posts gain, but still finishes week with lossTulsa World
With Crude Falling, The Time to Buy Oil Stocks Is NowInvestorplace.com
New York oil price strikes three-month lowArab News
iNVEZZ –Houston Chronicle –Market Realist
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Brazil's oil auction Cheap at the price – The Economist

Brazil’s oil auction Cheap at the price
The Economist
SIX years after discovering giant offshore “pré-sal” oil deposits, so called because they lie beneath a thick layer of salt under the ocean bed, Brazil has finally auctioned the rights to develop some of its deeply buried wealth. On October 21st the
Brazil’s Pre-Salt Auction Goes to Shell-Total ConsortiumOilPrice.com
Petrobras with sufficient funds to operate Libra; denies need of fuels price MercoPress

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Cenovus, Husky tout integrated strategy as oil-price gap hits refining business – The Globe and Mail


Financial Post
Cenovus, Husky tout integrated strategy as oilprice gap hits refining business
The Globe and Mail
A big squeeze in the difference between North American and international oil prices hit the U.S. refining operations of Cenovus Energy Inc. and Husky Energy Inc. hard in the third quarter, though their ability to process more heavy crude offers some
Higher crude prices boost upstream, drag on refining results of Cenovus, HuskyNews1130
UPDATE 2-Refining margins shrink at oil producers Cenovus, HuskyReuters
Husky slides as Q3 net drops on lower refining marginsProactive Investors USA & Canada
Financial Post
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