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Drilling Production 2009 P3

  • 12/02/2009 -- BP, Eni JV to develop coalbed methane in Indonesia
    A consortium led by Vico—a joint venture of BP PLC and Eni SPA—has signed a production-sharing contract with Indonesia for the exploration and development of coalbed methane resources on the Sanga-Sanga block in East Kalimantan, Indonesia.
  • 11/30/2009 -- Mexico cuts budget for Chicontepec work
    The Mexican government has slashed the allocation to state-owned Petroleos Mexicanos (Pemex) for Chicontepec oil development in 2010 by more than 60% from this year’s level, according to local media.
  • 11/25/2009 -- Beach on target for oil production in Egypt
    Beach Petroleum NL, Adelaide, is on target to produce first oil from Egypt following a successful test of a development well in its North Shadwan block in the Gulf of Suez offshore Sinai Peninsula.
  • 11/25/2009 -- Sixth consecutive week of gains for US rig count
    Drilling activity in the US increased for the sixth consecutive week, up by 24 rotary rigs to 1,137 working.
  • 11/25/2009 -- Nexen moves toward Golden Eagle development
    Nexen Petroleum UK Ltd. has awarded a drilling services contract for development of its Golden Eagle area discoveries in the UK North Sea.
  • 11/25/2009 -- New Brunswick gets first Frederick Brook gas flow
    Corridor Resources Inc., Halifax, reported the first significant flow of natural gas from the Mississippian Frederick Brook shale formation in New Brunswick and said the results are encouraging for future horizontal drilling and multistage fracturing.
  • 11/25/2009 -- Three Transocean deepwater units start up
    Transocean Ltd. has started up three new ultradeepwater drilling units in the Gulf of Mexico and off Angola.
  • 11/24/2009 -- California's Paris Valley gets new operator
    Salinas Energy Ltd., Perth, is to become operator of the Paris Valley heavy oil field redevelopment project in coastal California under an agreement with Nations Petroleum USA LLC set to close about Nov. 30.
  • 11/24/2009 -- PTTEP reboards jack up in Montara field for assessment
    PTTEP Australasia, Perth, has reboarded the West Atlas jack up rig and the Montara oil field wellhead platform in the Timor Sea to carry out an assessment of damage and safety issues.
  • 11/20/2009 -- Mexico eyes risk contracts to offset Cantarell downturn
    Mexico’s state-owned Petroleos Mexicanos and the Secretaria de Energia (Sener) are preparing risk contracts that will be offered to oil companies—international and domestic—in order accelerate the search for oil and gas, according to local media.

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BHI: Shortened week sees 12-unit loss in US rig count

11/26/2014 The US drilling rig count fell 12 units to 1,917 rigs working as the country headed into the Thanksgiving holiday during the abbreviated week ended...

Woodside enters license offshore Morocco

11/26/2014 Woodside Petroleum Ltd. has secured another area offshore Morocco by taking up a reconnaissance license with the country’s national oil company ove...

EPA proposes tighter ground-level ozone pollution controls

11/26/2014 The US Environmental Protection Agency proposed reducing ground-level emissions limits to 65-70 ppb from their current level of 75 ppb. It also wil...

Karoon scores with Kangaroo-2

11/26/2014 Karoon Gas Australia Ltd., Melbourne, has found multiple oil-bearing reservoirs in its Kangaroo-2 appraisal well in the Santos basin offshore Brazil.

Gazprom, PetroVietnam sign agreement for two fields in Russia

11/26/2014

OAO Gazprom and PetroVietnam on Nov. 25 signed a framework agreement for the joint development of two fields in Russia.

 

OPEC was destined not to cut output in Vienna meeting

11/26/2014 The Organization of Petroleum Exporting Countries was destined not to cut production to defend the price of crude at its ministerial meeting Nov. 2...

EIA: US gasoline prices lowest in years heading into Thanksgiving holiday

11/26/2014 As of Nov. 24, the average retail regular-grade gasoline price in the US is $2.82/gal, 47¢ lower than a year ago, and the lowest price heading into...

MARKET WATCH: Crude oil prices volatile before OPEC meeting

11/26/2014 Crude oil prices fell more than $1/bbl on the New York and London markets Nov. 25 while traders waited to see if the Organization of Petroleum Expo...

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