More Oil & Gas Drilling and Production News

ExxonMobil outlines 2014 production plans

Mar 5, 2014

ExxonMobil Corp. said it expects to start production at 10 major projects this year, adding 300,000 net boe/d of net capacity.

BLM would impose onshore inspection fees under proposed 2015 budget

Mar 5, 2014

The US Bureau of Land Management would impose inspection fees for onshore oil and gas producers operating on lands under its jurisdiction under the Obama administration’s proposed fiscal 2015 budget. The fees would be similar to those the US Bureau of Safety and Environmental Enforcement charges offshore producers, BLM said.

YPF to add 10 rigs to Vaca Muerta play

Mar 5, 2014

YPF SA has signed contracts with Helmerich & Payne Inc., Tulsa, for 10 existing drilling rigs to work in the Vaca Muerta shale play in the Nequen basin of Argentina.

Shell UK lets contract for Peterhead CCS project

Mar 5, 2014

Shell UK Ltd. has let a front-end engineering and design contract to Technip SA for the onshore elements of the Peterhead Gas Carbon Capture and Storage (CCS) demonstration project in Aberdeenshire, Scotland.

Loyz Energy to buy stake in Thai licenses

Mar 5, 2014

Loyz Energy Ltd., Singapore, has agreed to buy 20% interests in three onshore license areas under development in Thailand.

US district court tosses out judgment against Chevron in Ecuador

Mar 4, 2014

The US District Court for the Southern District of New York has ruled that the $9.5 billion judgment against Chevron Corp. subsidiary Texaco Petroleum Co. in Ecuador was the product of fraud and racketeering and thus unenforceable.

CAPP: Emissions monitoring continues in Alberta oil sands

Mar 4, 2014

Alberta’s oil sands producers have monitored emissions for potential public health impacts with the province’s government for some time, the Canadian Association of Petroleum Producers said.

BP lets contract for Khazzan gas project in Oman

Mar 4, 2014

BP PLC let a contract to Jacobs Engineering Group Inc. for process and infrastructure work on the Khazzan gas project in Oman.

Deepwater Gulf Decommissioning—1: Aging platforms, ownership changes pose special risks

Mar 3, 2014

This is the first of four articles that forecast deepwater decommissioning schedules in the US Gulf of Mexico (GOM). No estimates for the timing of deepwater decommissioning activity have previously been reported.

Innovator platform decommissioned in Gulf of Mexico

Mar 3, 2014

InterMoor, a subsidiary of Acteon Group Ltd., has completed decommissioning operations of the Innovator platform in Gomez field on Mississippi Canyon Block 711 in the Gulf of Mexico.

DEEPWATER GULF DECOMMISSIONING—2: Structure inventory runs gamut of deepwater technologies

Mar 3, 2014

The deepwater Gulf of Mexico (GOM) is the largest source of domestic oil production in the US and a laboratory for deployment of advanced drilling and development technologies.

Final UKCS production review details strategies, clarifies roles

Mar 3, 2014

The final report from the Wood Review of oil and gas operations on the UK Continental Shelf (UKCS) provides more details of the strategy for "maximizing economic recovery" (MER) there.

Baker Hughes: US drilling rig count edges down to 1,769

Feb 28, 2014

The US drilling rig count gave up 2 units to settle at 1,769 rigs working during the week ended Feb. 28, Baker Hughes Inc. reported.

Noble suffers ballast-control incident on rig offshore Brazil

Feb 28, 2014

Noble Corp. reported that its Noble Paul Wolff dynamically positioned semisubmersible rig offshore Brazil encountered ballast-control problems early Feb. 28. All workers are safe, the well secured, and no spill occurred, the company said.

Bualuang field output resumes offshore Thailand

Feb 27, 2014

Salamander Energy PLC, London, has resumed production at Bualuang oil field in the Gulf of Thailand after repairs to a production riser damaged during bad weather in January.

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