More Oil & Gas Drilling and Production News

West Qurna-2 oil field production reaches 450,000 b/d

Aug 20, 2015

PJSC Lukoil said Iraq’s prime minister had visited West Qurna-2 oil field, which is now producing 450,000 b/d.

CNOOC signs PSCs with Roc Oil for two blocks in South China Sea

Aug 19, 2015

China National Offshore Oil Corp. Ltd. has signed production sharing contracts with Roc Oil (China) Co. for two blocks in the Pearl River Mouth basin in the South China Sea.

Bounty moving towards production in Tanzania

Aug 19, 2015

Bounty Oil & Gas NL, Sydney, is finally moving towards production in its Kiliwani North gas discovery in Tanzania.

EPA proposes methane emissions requirements for oil, gas industry

Aug 18, 2015

The US Environmental Protection Agency has proposed requirements aimed at reducing emissions of methane and volatile organic compounds (VOC) from all US oil and gas industry segments. Officials from several oil and gas associations immediately criticized the Aug. 18 action. Environmental organizations welcomed it.

Oil production from Wassana to reach 10,000 b/d by yearend

Aug 17, 2015

Oil production has started from Wassana field in the G10/48 concession in the Gulf of Thailand, and operator KrisEnergy Ltd. expects peak production to reached 10,000 b/d by yearend as additional development wells are drilled and completed by the Key Gibraltar jack up rig. KrisEnergy became the operator of the G10/48 block in May 2014.

Jubilee oil production offshore Ghana back to previous rates

Aug 17, 2015

Tullow Oil PLC said natural gas exports from Jubilee field offshore Ghana have resumed and oil production has returned to previous rates.

Study estimates impacts if Delaware River basin fracing bans were lifted

Aug 17, 2015

Up to 4,000 more natural gas wells on 500-1,000 well pads within the Delaware River basin could be drilled if hydraulic fracturing moratoriums there and in New York state were lifted, a CNA Corp. report estimated on Aug. 11.

Senate panel probes 'sue-and-settle' tactics' impacts on policymaking

Aug 17, 2015

Environmental litigation settlements, which proponents say help the public make certain federal agencies are diligently implementing congressionally mandated regulations, actually sabotage sound policymaking, several witnesses told a US Environment and Public Works Committee subcommittee.

EIA: US crude output declines to continue through mid-2016

Aug 17, 2015

Total US crude oil production declined 100,000 b/d in July compared with June, and is expected to continue decreasing through mid-2016 before growth resumes late in 2016, according to the US Energy Information Administration's most recent Short-Term Energy Outlook (STEO).

BHI: US oil rig count continues rise, but overall count unchanged

Aug 14, 2015

The overall US drilling rig count sat unchanged during the week ended Aug. 14, remaining at 884 rigs working, according to data from Baker Hughes Inc. Oil-directed rigs, however, continued their warm streak—albeit modestly—with a 2-unit gain.

Rosneft buying pressure-pumping company

Aug 14, 2015

A Rosneft Group subsidiary, RN Assets LLC, has agreed to buy 100% interest in the Russian pressure-pumping unit of Trican Well Service Ltd., Calgary, for $140 million.

Pennsylvania’s DEP issues draft final revisions to well site rules

Aug 13, 2015

Pennsylvania’s Department of Environmental Protection (PDEP) released draft final revisions to its oil and gas well protection standards. The state agency decided not to include provisions for noise mitigation and centralized storage tanks for wastewater in the final regulations following the latest round of public comments, it said.

MarkWest, EMG to develop 2-bcfd Utica dry gas gathering system

Aug 13, 2015

MarkWest Energy Partners LP and The Energy & Minerals Group (EMG) are developing a new 2-bcfd dry gas gathering system in the Utica Shale. A fee-based contract with Ascent Resources – Utica LLC, a subsidiary of Ascent Resources LLC will underpin the system, dedicating roughly 100,000 gross acres in northern Belmont and Jefferson counties, Ohio.

Recompletions double Energy XXI field output

Aug 13, 2015

Energy XXI said a recompletion program has more than doubled production of South Pass 78 oil field offshore Louisiana.

Third Te Giac Trang platform starts flow

Aug 13, 2015

SOCO reported the start of oil and natural gas production from the third wellhead platform (WHP) on the H5 fault block of Te Giac Trang field on Block 16-1 offshore Vietnam.

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