DOE will fund 14 methane hydrate research projects
Sep 7, 2012
The US Department of Energy has selected 14 methane hydrate research projects in 11 states to receive up to $5.59 million of federal funding. The awards build on a successful, unprecedented test earlier this year where a steady flow of natural gas was safely extracted from methane hydrates on Alaska’s North Slope, DOE said. |
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Rosneft, ExxonMobil set arctic rig study
Sep 7, 2012
Rosneft and ExxonMobil Corp. selected Vostochniy Offshore Structures Construction Yard (Vostco Yard) to conduct a concept evaluation and feasibility study for a platform designed for arctic drilling in shallow waters of the Kara Sea under their upstream partnership. |
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US drilling rig count falls 4 units to 1,894
Aug 31, 2012
The US rig count fell by 4 units during the week ended Aug. 31. The total number of rotary rigs in the US reached 1,894 this week, Baker Hughes Inc. reported. This compares with 1,968 rigs during the comparable week last year. |
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Shell gets BSEE clearance for limited Chukchi Sea activities
Aug 31, 2012
The US Bureau of Safety and Environmental Enforcement approved certain limited activities in nonoil-bearing zones by Shell Offshore Co. in the Chukchi Sea offshore Alaska. |
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Loyz, Rex Oil & Gas in US farmin with Fram
Aug 29, 2012
Loyz Energy Ltd. of Singapore and technical partner Rex Oil & Gas Ltd. have agreed to participate in the drilling of 80 wells in Colorado and North Dakota on acreage held by Fram Exploration, Trondheim, Norway. |
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Brazil: Ultradeepwater drillship to work for Petrobras
Aug 27, 2012
Queiroz Galvao Oleo e Gas reported the arrival in Brazil of the Amaralina Star ultradeepwater drillship, which is chartered to Petroleo Brasileiro SA under a 6-year contract with options to renew for 6 years. |
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US drilling rig count falls 16 units to 1,898
Aug 24, 2012
The US rig count fell by 16 units during the week ended Aug. 24. The total number of rotary rigs in the US reached 1,898 this week, Baker Hughes Inc. reported. This compares with 1,975 rigs during the comparable week last year. |
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Sterling eyes Black Sea wells, Romania gas liberalization
Aug 22, 2012
Sterling Resources Ltd., Calgary, will resume exploratory drilling in the Black Sea offshore Romania in September 2012 and is encouraged by the Romanian government’s enacting of natural gas liberalization policies. |
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Statoil, Petoro to further develop Gullfaks South
Aug 22, 2012
Statoil ASA and Petoro ASA will further develop Gullfaks South field in the North Sea offshore Norway to hike recovery by 65 million bbl of oil equivalent. |
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Alaska: Miller rig to rework five Redoubt Shoal wells
Aug 21, 2012
The Alaska Oil & Gas Conservation Commission has issued final approvals for Miller Energy Resources Inc., Knoxville, Tenn., to operate on the Osprey platform in Alaska’s Cook Inlet, where it will rework five formerly producing oil wells. |
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US drilling rig count falls 17 units to 1,914
Aug 17, 2012
The US rig count fell by 17 units during the week ended Aug. 17. The total number of rotary rigs in the US reached 1,914 this week, Baker Hughes Inc. reported. This compares with 1,974 during the comparable week last year. |
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ONGC touts Mumbai High new oil pool discovery
Aug 14, 2012
India’s Oil & Natural Gas Corp. Ltd. has discovered the third largest reservoir in Mumbai High at a development well that found a new pool in D1 field offshore western India. |
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Noble Energy eyes South, East Falkland basins
Aug 13, 2012
Noble Energy Inc. will take a farmout from Falkland Oil & Gas Ltd. and will invest $180-230 million in the next 3 years in the South and East Falkland basins in the South Atlantic. |
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BNK touts shale gas readings at Poland Baltic well
Aug 13, 2012
The Gapowo B-1 well on the Bytow concession in Poland encountered overpressured shales in Lower Silurian and Ordovician and greatly elevated gas readings over those in wells on the Saponis concessions. |
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US drilling rig count inches up 1 to 1,931 units
Aug 10, 2012
The US rig count inched up by 1 unit during the week ended Aug. 10. The total number of rotary rigs in the US reached 1,931 this week, Baker Hughes Inc. reported. This compares with 1,959 during the comparable week last year. |
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