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More Oil & Gas Drilling and Production News

Statoil's Mariner field development plan approved

Feb 15, 2013

The UK Department of Energy and Climate Change (DECC) has approved the Mariner heavy oil field development plan.

US drilling rig count gains 3 units to 1,762

Feb 15, 2013

The US drilling rig count increased by 3 units during the week ended Feb. 15, with the total number of rotary rigs reaching 1,762, Baker Hughes Inc. reported. That compared with 1,994 rigs working in the comparable week last year.

East Coast governors ask Jewell to back offshore development

Feb 15, 2013

Governors of three US East Coast states asked US Sec. of the Interior nominee Sally Jewell to support offshore energy resource development off their respective states’ coasts.

Transocean fined $400 million for Macondo well incident

Feb 15, 2013

Transocean Offshore Inc. pleaded guilty to federal charges stemming from the 2010 Macondo deepwater well incident and agreed to pay $400 million in criminal fines and penalties, US Atty. Gen. Eric H. Holder Jr. announced on Feb. 14.

Egypt: Second oil find produces on Kom Ombo block

Feb 14, 2013

The discovery well of the newly found West Al Baraka field in southern Egypt’s Kom Ombo basin has averaged 120-250 b/d of light oil since being placed on extended test in December 2012, said Sea Dragon Energy Inc., Calgary.

Researchers use PCCTs to advance methane hydrate study in Japan

Feb 14, 2013

A research team in Japan is using new pressure coring characterization tools to keep deep sea floor subsurface methane hydrate-bearing sediment samples from deteriorating, the US Geological Survey reported.

ExxonMobil, Rosneft expand arctic net to Alaska, LNG

Feb 13, 2013

ExxonMobil Corp. and Rosneft of Russia have agreed to expand a 2011 strategic cooperation agreement to include far more Russian Arctic exploratory acreage, possible Rosneft participation in ExxonMobil’s Point Thomson gas-condensate field in Alaska, and a potential Russian Arctic LNG project.

Shell to move Noble Discoverer, Kulluk drilling units to Asia

Feb 13, 2013

Royal Dutch Shell PLC plans to move its Noble Discoverer drillship and the Kulluk conical drilling unit, centerpieces of Shell’s Alaska Arctic drilling, to Asia for additional inspections and repairs.

Firms eye Guatemala oil potential at Atzam, Tortugas fields

Feb 12, 2013

Two Australian independents are participating with Latin American Resources Ltd. on oil development blocks in the South Peten basin in central Guatemala.

Colorado adopts 500-ft setback for new oil and gas wells

Feb 11, 2013

Colorado’s Oil and Gas Conservation Commission voted 8-1 to require new oil and gas wells to be at least 500 ft from homes and buildings, effective Aug. 1.

Statoil to plug, abandon wells in Heimdal field

Feb 11, 2013

Statoil ASA signed a $115 million contract with Archer to plug and abandon 12 gas wells of Heimdal field in the Norwegian North Sea.

Murkowski releases Energy 20/20 to start national energy dialogue

Feb 11, 2013

US Sen. Lisa Murkowski (R-Alas.) announced a set of policy proposals that she said is designed to begin a national dialogue about energy.

IEA: Global oil demand revised upwards for 2012

Feb 11, 2013

Global oil demand estimates for 2012 were revised upward to 89.8 million b/d based on stronger than expected fourth-quarter data, according to the International Energy Agency's latest monthly Oil Market Report.

Commercial bitumen output approaches from Grosmont carbonate

Feb 11, 2013

Partners in a pilot development of the Late Devonian Grosmont formation in Alberta report progress toward commercial production of bitumen, which would be the first for the expansive carbonate.

ConocoPhillips, Maersk sign contracts for Noble high-spec jack ups

Feb 8, 2013

Noble Corp. announced contracts for two newbuild jack ups.

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