Page 1 - NorthAmOil Week 06 2022
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Issue 690 10•February•2022 Week 06
Export route
Canadian producers exported record crude volumes from the US Gulf Coast
at the end of 2021 but continue to face some pipeline capacity constraints.
Seeking to sell
Canadian light oil producer Crescent Point Energy is reportedly seeking to
sell some of its assets in Alberta and Saskatchewan.
Leasing saga
The Biden administration is continuing to plan for future federal oil and gas
lease sales despite a recent court ruling that invalidated the first one it held.
Exit
France’s TotalEnergies has decided not to sanction its North Platte
development in the US Gulf of Mexico and will therefore exit the project.