Eni SPA has started production from Longhorn gas field in 2,500 ft of water on Mississippi Canyon Blocks 502/546 in the Gulf of Mexico off Louisiana.
BP PLC and China National Petroleum Corp. have signed the technical service contract with the Iraqi government that will enable them to nearly triple oil production in supergiant Rumaila field to 2.85 million b/d.
BP Trinidad & Tobago (BPTT) has started its first natural gas production from Savonette field off Trinidad and Tobago.
Chevron USA Inc. plans to develop Big Foot oil field in the Gulf of Mexico with a dry-tree floating drilling and production facility in 5,300 ft of water.
PTTEP Australasia is now fighting a fire on the Montara wellhead platform in the Timor Sea.
The production-sequestration synergies of crude oil and carbon dioxide will receive a new test under a $4.5 billion acquisition by Denbury Resources Inc. of Encore Acquisition Co.
The American Petroleum Institute published a new guidance document outlining industry best-practices for properly drilling and cementing wells that are being hydraulically fractured.
US drilling activity shot up by 21 units this week with 1,069 rotary rigs working the week ended Oct. 30. This compares with 1,971 rigs drilling in the same period last year, Baker Hughes Inc. reported.
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