Oil & Gas Drilling & Production

Featured Articles
Strong drilling year seen in 2012 in US, Canada Jan 9, 2012 Drilling activity should remain strong in the US and Canada in 2012 after substantial year-to-year gains in 2011.

Texas regulators to review natural gas flaring rules

May 24, 2012

The Texas Railroad Commission and the TRC’s Eagle Ford Task Force plan to study whether existing state regulations on flaring and venting associated with oil and natural gas operations need to be updated, Commissioner David Porter said in a May 23 news release from his Austin office.

Michigan pinnacle reef joint venture planned

May 24, 2012

Petrolympic Ltd., Toronto, plans to form a joint venture with Energex Petroleum Inc., Windsor, Ont., to acquire 50% indirect working interest in Energex’s Michigan pinnacle reef properties. Energex is working towards a public listing in Toronto.

Mexico: Pemex awards Campeche platform contract

May 24, 2012

Pemex Exploracion y Produccion has awarded a contract for the Ayatsil-B drilling platform to McDermott International Inc.

Namibia: HRT to contract semi for deepwater drilling

May 24, 2012

HRT Participacoes em Petroleo SA, Rio de Janeiro, will sign a final contract in early June under which the Transocean Marianas semisubmersible will drill for the company offshore Namibia starting in late 2012.

Gullfaks subsea compression proceeding

May 23, 2012

Statoil and Petoro have agreed to install subsea gas compression to handle production from the Brent reservoir at Gullfaks South oil field in the North Sea offshore Norway (OGJ Online, Apr. 13, 2012).

Total confirms G4 well top kill completely stopped Elgin gas leak

May 21, 2012

Total UK Ltd. said 5 days of close monitoring confirms the success of a May 15 top kill operation on the leaking G4 natural gas well on the Elgin complex, 240 km from Aberdeen in the UK North Sea.

Diamond Offshore orders drillship, sells jack ups

May 21, 2012

Diamond Offshore Drilling Inc. ordered a $655 million ultradeepwater drillship from Hyundai Heavy Industries Co. Ltd. with delivery scheduled for fourth-quarter 2014.