Page 1 - NorthAmOil Week 03 2023
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Issue 737              19•January•2023                     Week 03






                    ™      US-China tensions


                            The US House of Representatives has passed a bill to prevent China from
                            buying crude from the US Strategic Petroleum Reserve.


                    ™      Shale sale


                            Chesapeake Energy has agreed to sell a portion of its Eagle Ford assets, in the
                            Brazos Valley region, to WildFire Energy for $1.425bn.

                    ™      Output up


                            Super-major BP has doubled oil production from the deepwater Thunder
                            Horse project in the US Gulf of Mexico.

                    ™      First Nation partnership


                            British Columbia has struck a land, water and resource management
                            agreement with the Blueberry River First Nations Indigenous group for the
                            Montney shale.
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