The Australian government’s Commission of Inquiry will have the powers and authority of a Royal Commission in investigating into the Montara platform incident in the Timor Sea, according the Australian Resources and Energy Minister Martin Ferguson.
US drilling activity increased another 9 units this week with 1,078 rotary rigs working the week ended Nov. 6.
The Petroleum Services Association of Canada (PSAC) expects the oil and gas industry to drill 8,000 wells in Canada during 2010.
Rio Napo, a 70-30 joint venture of Ecuador's state oil company Petroecuador and Venezuela’s Petroleos de Venezuela SA (PDVSA), has begun operating Sacha oil field in Ecuador's Amazon.
The US Bureau of Land Management has begun collecting a $6,500 processing fee for each new oil and gas drilling permit application.
The realistic scenario in the latest Canadian Energy Research Institute outlook expects Alberta oil sands production to increase to 1.7 million b/d by 2015, 2.5 million b/d by 2020, 4.5 million b/d by 2030 before reaching a peak of 5.3 million b/d in 2041.
Thai company PTTEP Australasia has finally managed to plug the oil leak from a well drilled from its Montara oil and gas field platform in the Timor Sea and in the process snuff out a damaging fire that had broken out engulfing the platform and the West Atlas jack up drilling rig directly above it.
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.
BHP Billiton has shut in the Griffin oil field off Western Australia in licence WA-10-L since it has come to the end of its economic life after 15 years of production.
Chesapeake Energy Corp. does not plan to drill natural gas wells within the New York City watershed.
Encore Acquisition Co., Fort Worth, plans to apply a 22-stage frac in a Three Forks-Sanish (TFS) horizontal well in the Williston basin in order to compare single-stage and multistage frac effectiveness.
Whiting Petroleum Corp. plans to use 24-stages for hydraulically fracture its Ogden 11 TFH horizontal well, completed in the Three Forks reservoir in the Sanish field, Mountrail County, ND.
W&T Offshore Inc., Houston, started oil and natural gas production from the Daniel Boone discovery well in the deepwater Gulf of Mexico.
