More Oil & Gas Drilling and Production News

Ukraine, Chevron sign shale gas agreement

Nov 7, 2013

Ukraine has signed a production-sharing agreement with Chevron Corp. and the country’s state-owned Nadra Oleska for shale gas production at Oleske field in western Ukraine, Worldwide News Ukraine reported.

Statoil begins production from Visund North field

Nov 6, 2013

Statoil ASA has started production from the Visund North oil and gas field in the North Sea. The project is the sixth of the 12 fast-track projects that Statoil has brought on production.

BSEE: Black Elk failed to supervise contractors in 2012 platform fire

Nov 5, 2013

Black Elk Energy Offshore Operations LLC failed to properly supervise its contractors, contributing to a series of events and decisions associated with a Nov. 16, 2012, explosion and fire on Black Elk West Delta Block 32 Platform E in the Gulf of Mexico about 17 miles off Grand Isle, La., the US Bureau of Safety and Environmental Enforcement said.

Consol to stress gas output growth, sell five coal mines

Nov 5, 2013

Consol Energy Inc., Pittsburgh, will emphasize Appalachian natural gas production growth and has arranged the $3.5 billion sale to a unit of Murray Energy Corp. of its Consolidation Coal Co. subsidiary that operates five longwall steam coal mines in West Virginia.

Rhetoric vs. action

Nov 4, 2013

"Every barrel of oil or cubic foot of gas that we produce at home instead of importing from abroad means more jobs, fast growth, and a lower trade deficit," said Gene Sperling, director of the National Economic Council, and Jason Furman, chairman of the Council of Economic Advisors, in a White House blog posting.

Apache reports new water release in Alberta

Nov 4, 2013

Apache Canada Ltd. is investigating a second release of produced water at facilities in northern Alberta.

East Dome commissioned at North Urengoy field

Nov 4, 2013

A new gas treatment unit with a capacity of 6 billion cu m/year has been commissioned in the East Dome of the North Urengoy field, reports Gazprom Neft.

Gas production starts at ExxonMobil's Kipper-Tuna-Turrum project

Nov 4, 2013

Oil and gas production has begun from ExxonMobil's $4.5 billion (Aus.) Kipper-Tuna-Turrum project in Bass Strait offshore Victoria. Gas is flowing from the Tuna field while Turrum has produced its first oil.

Novel hull concepts address ultradeep Gulf of Mexico production

Nov 4, 2013

By 2020, according to industry forecasts, deepwater oil production will constitute a third of the world's total oil supply.

Baker Hughes: US drilling rig count up to 1,742

Nov 1, 2013

The US drilling rig count added 4 units to reach 1,742 rigs working during the week ended Nov. 1, Baker Hughes Inc. reported.

Shell moves ahead with Peace River in situ expansion

Oct 31, 2013

Shell Canada Ltd. will proceed with its wholly owned, 80,000 b/d Peace River in situ expansion of the Carmon Creek project in Alberta.

ConocoPhillips closes on $5.4 billion sale of Kashagan interest

Oct 31, 2013

ConocoPhillips has closed on its sale of 8.4% interest in the North Caspian Sea production-sharing agreement to Kazakhstan state oil company KazMunayGas for $5.4 billion.

Fort Hills partners okay oil sands project

Oct 31, 2013

Partners in the Fort Hills oil sands mine have approved development leading to production of as much as 180,000 b/d of bitumen.

Petrobras to charter another FPSO for Santos basin

Oct 30, 2013

Guara BV, an affiliate of Petroleo Brasileiro SA (Petrobras), has signed a letter of intent to charter a floating production, storage, and offloading vessel for use on Block BM-S-9 in the Santos basin offshore Brazil.

Ruby field gas flow starts offshore Indonesia

Oct 30, 2013

Mubadala Petroleum, Abu Dhabi, reported the start of production from Ruby natural gas field offshore East Kalimantan, Indonesia.

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