More Oil & Gas Drilling and Production News

Mongolian petroleum law passage aims to boost foreign investment

Jul 8, 2014

Wolf Petroleum Ltd., Perth, reported the passing of a new petroleum law in Mongolia designed to boost foreign investment in the country.

Poland approves underground coal gas work

Jul 7, 2014

Linc Energy Ltd., Brisbane, has received initial approval to begin an underground coal gasification (UCG) project in Poland.

DNO resumes production from Yemen blocks

Jul 7, 2014

DNO Yemen AS, a DNO ASA subsidiary, has resumed oil production from Block 32 Howarime and Block 43 South Howarime in Yemen.

Saudi tight gas plays benefit from MSF

Jul 7, 2014

In 2007, Saudi Aramco installed the first openhole, multistage fracturing (MSF) completion systems in Saudi Arabia's deep, highly deviated gas wells.

Gulf cleanup continues after five major hurricanes

Jul 7, 2014

From 2004-08, five major hurricanes–Ivan, Katrina, Rita, Gustav, and Ike—destroyed 181 structures and 1,673 wells in the Gulf of Mexico.

EIA: US oil production in 2015 expected to be highest since 1972

Jul 7, 2014

Total US crude oil production in 2015 will reach its highest level since 1972, the US Energy Information Administration forecasts in its Short-Term Energy Outlook (STEO) released last month. Production, which averaged 7.4 million b/d in 2013, is expected to average 8.4 million b/d in 2014 and 9.3 million b/d in 2015.

BP: US tops China in oil consumption growth for first time since 1999

Jul 7, 2014

At 400,000 b/d, the US recorded the largest increment to global oil consumption in 2013, outpacing Chinese growth, 390,000 b/d, for the first time since 1999, according to BP's 63rd annual Statistical Review of World Energy, released June 16.

Localizing regulation

Jul 7, 2014

The New York Supreme Court has upheld the use by municipalities of zoning laws to block hydraulic fracturing of oil and gas wells.

Petrobras hits 500,000 b/d output from presalt

Jul 3, 2014

Petroleo Brasileiro SA (Petrobras) has reached 500,000 b/d in production from the Brazilian presalt, a region that has already seen aggregate output of 343 million boe.

Baker Hughes: US drilling rig count edges up to 1,874

Jul 3, 2014

The US drilling rig count edged up 1 unit to 1,874 rigs working during the abbreviated week ended July 3, Baker Hughes Inc. reported.

Statoil to drill at Oseberg East in summer 2015

Jul 3, 2014

Statoil ASA reported plans to start its drilling campaign in Oseberg East field offshore Norway in summer 2015.

North Dakota gives teeth to flaring reduction plan

Jul 2, 2014

North Dakota operators that fail to meet the state’s flaring reduction targets may soon be forced to curtail oil production from wells targeting the Bakken and Three Forks formations, according to an order issued July 1 by state regulators.

ABS, Daewoo Shipbuilding eye LNG drillship

Jul 2, 2014

ABS, Houston, and Daewoo Shipbuilding & Marine Engineering (DSME), Seoul, have formed a joint development project targeting the first drillship fueled by LNG.

More Mumbai High (North) development due

Jul 1, 2014

Oil & Natural Gas Corp. will install five wellhead platforms and drill 52 wells and 24 sidetrack wells in a third phase of redevelopoment of Mumbai High (North) oil field offshore western India.

EIA: Texas, N. Dakota provided nearly half of US crude production in April

Jul 1, 2014

Crude oil production in the US during April totaled 8.4 million b/d, with Texas and North Dakota accounting for 4 million b/d, according to data from the US Energy Information Administration's Petroleum Supply Monthly Report.

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