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Drilling Production 2008 P7

  • Tue Apr 22 12:04:00 CDT 2008 -- IOR-EOR now offers lowest-cost reserves additions
    Unlike in past years, improved or enhanced oil recovery is now the least costly method for adding reserves, according to a presentation at the 16th SPE/DOE Improved Oil Recovery Symposium, Apr. 21 in Tulsa.
  • Tue Apr 22 13:04:00 CDT 2008 -- Shell considers carbon capture for Browse project
    Shell Australia is thinking of introducing a CCG side to the proposed floating LNG development at its wholly owned Prelude gas find in the Browse basin off Western Australia.
  • Wed Apr 23 14:04:00 CDT 2008 -- BP begins oil production from Gunashli field
    BP PLC has started oil production from the third phase of Azeri-Chirag-Gunashli (ACG) field in the Azerbaijan area of the Caspian Sea.
  • Thu Apr 24 12:04:00 CDT 2008 -- Nigerian refinery legislation to be passed soon
    Nigeria is planning to introduce legislation that will require international oil companies working in the country to refine a percentage of their crude oil production there.
  • Fri Apr 25 00:04:00 CDT 2008 -- Pittsburgh conference will examine many aspects of carbon capture and sequestration
    The seventh annual Carbon Capture and Sequestration conference will be held May 5-8 at the Sheraton Station Square hotel and conference center in Pittsburgh.
  • Fri Apr 25 00:04:00 CDT 2008 -- Awareness of potential US-Mexico deepwater Gulf of Mexico oil dispute grows
    Mexico and the United States are becoming more aware of the potential for disputes over deepwater Gulf of Mexico crude oil resources, experts agreed at a forum at the Woodrow Wilson International Center for Scholars.
  • Fri Apr 25 00:04:00 CDT 2008 -- Total domestic footage drilled set first quarter record, API says
    Domestic oil and gas drilling activity continued to increase during 2008's first three months, the American Petroleum Institute said in its latest quarterly well completion report. Separately, the Federal Reserve Bank of Dallas said that the number of rigs working matches the highest number operating in the current drilling expansion.
  • Fri Apr 25 10:04:00 CDT 2008 -- StatoilHydro starts CO2 injections from Snohvit
    StatoilHydro has begun to inject carbon dioxide from the Snohvit well stream into the Tubasen sandstone formation beneath the field to reduce greenhouse gas emissions from the liquefaction plant.
  • Fri Apr 25 12:04:00 CDT 2008 -- BP to shut Forties pipeline as refinery strike looms
    BP PLC will shut down its UK North Sea Forties pipeline by day's end Apr. 26 because of the planned strike at the Grangemouth refinery in Scotland.
  • Tue Apr 29 11:04:00 CDT 2008 -- Indonesia expected to fall short of 2008 oil production target
    Indonesia is expected to miss this year's crude oil production target of 977,000 b/d, the Energy and Mineral Resources Ministry announced.
  • Tue Apr 29 12:04:00 CDT 2008 -- MMS approves Cascade-Chinook FPSO development plans
    The US Minerals Management Service has approved development plans for the Cascade-Chinook oil and natural gas project in the Walker Ridge area of the Gulf of Mexico.
  • Mon May 05 12:05:00 CDT 2008 -- Power plant CO2 to boost China oil field output
    Japanese and Chinese public and private firms plan to simultaneously reduce emissions of harmful industrial gasses and increase crude oil production at an oil field in China by injecting carbon dioxide from a coal-fired power plant into the field.
  • Tue May 06 14:05:00 CDT 2008 -- France E&P investment, up in 2007, to dip in 2008
    High oil prices in France last year continued to pull along both E&D investments, which jumped to €160.69 million from €87.81 million.
  • Tue May 06 17:05:00 CDT 2008 -- Reliance contracts for new Transocean drillship
    Reliance Industries Ltd., India's largest private sector conglomerate, signed a 5-year drilling contract with Transocean Inc. for a newbuild enhanced Enterprise-class design drillship.
  • Wed May 07 10:05:00 CDT 2008 -- OTC: Deepwater, ultradeepwater gulf continues to thrive
    The Gulf of Mexico's deep water (up to 400 m of water) and ultradeep water (deeper than 1,600 m) continue to be a vital part of the gulf's total production, providing about 72% of the oil and 38% of the gas in the region.
  • Thu May 08 11:05:00 CDT 2008 -- API: US oil, gas drilling costs reach all-time high
    The cost of drilling and equipping oil and gas wells in the US reached an all-time high in 2006, the American Petroleum Institute reported.
  • Fri May 09 00:05:00 CDT 2008 -- API study sees significant upstream, refining impacts from Lieberman-Warner
    A climate change bill headed for the Senate floor in early June could significantly reduce domestic natural gas production and send refining production and jobs overseas, a new report commissioned by the American Petroleum Institute says.
  • Fri May 09 14:05:00 CDT 2008 -- US drilling activity at 22-year high
    US drilling increased by 7 rotary rigs to the highest level so far this year with 1,846 units working, up from 1,740 during the same period a year ago and the largest count since Jan. 10, 1986, said Baker Hughes.
  • Sat May 10 08:05:00 CDT 2008 -- Jacos to upgrade Alberta's Hangingstone oil sands
    Japan Canada Oil Sands Ltd. (Jacos) plans to increase production to 43,000 b/d from 8,000 b/d of bitumen at its Hangingstone oil sands project in northern Alberta.
  • Sat May 10 08:05:00 CDT 2008 -- Venezuela invites Colombia to partner in Orinoco
    Venezuelan President Hugo Chavez, in an apparent attempt at extending an olive branch to Colombia, suggested that its state-owned Ecopetrol SA should become a partner in the Orinoco oil region.
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