More Oil & Gas Drilling and Production News

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.

Grizzly Oil Sands begins SAGD production at Algar Lake

Feb 27, 2014

Grizzly Oil Sands ULC, Calgary, has begun steam injection at its Algar Lake project in Alberta. The company said oil production “is evident in steam circulation fluids.”

Central Petroleum granted Surprise production license

Feb 25, 2014

Central Petroleum Ltd., Brisbane, was granted a production license (PL 6) for its Surprise oil field in the Amadeus basin of the Northern Territory west of Alice Springs.

Lukoil starts production drilling in Imilorskoye-Istochnoye

Feb 25, 2014

OAO Lukoil has begun production drilling in the Imilorskoye-Istochnoye license area in West Siberia. The company said it originally planned to start drilling this September.

EIA: Syria's oil production unlikely to recover for months, maybe years

Feb 24, 2014

Syria's oil and gas production is unlikely to recover in the near term because of ongoing hostilities between the Syrian government and opposition forces, the US Energy Information Administration said in an update to its country report on Syria.

Industry urged to change hydraulic fracturing 'conversation'

Feb 24, 2014

The oil and gas industry needs to change the conversation about hydraulic fracturing by engaging with the public to demystify the process and highlighting efforts to reduce the environmental footprints of drilling and completion.

Mexican official vows careful energy regulation, transparency

Feb 24, 2014

Mexico's government realizes it's crucial to establish competitive contract terms and effective, transparent regulations to attract international investors as Mexico implements its pending energy reforms, panelists told a Houston gathering on Feb. 7.

BP starts production from Na Kika Phase 3 in Gulf of Mexico

Feb 24, 2014

BP PLC’s Na Kika Phase 3 project in the deepwater Gulf of Mexico started oil production on Feb. 19. The first well was drilled from a semisubmersible platform 140 miles southeast of New Orleans in 6,000 ft of water, BP said.

Baker Hughes: US drilling rig count up to 1,771

Feb 21, 2014

The US drilling rig count was up 7 units to 1,771 rigs working during the week ended Feb. 21, Baker Hughes Inc. reported.

ExxonMobil replaces 103% of 2013 production

Feb 21, 2014

ExxonMobil Corp. replaced 103% of its oil and natural gas production last year with additions to reserves, mostly of crude oil and other liquids.

CAMAC inks FPSO contract for operations offshore Nigeria

Feb 19, 2014

CAMAC Energy Inc., Houston, signed a contract for the floating, production, storage, and offloading vessel Armada Perdana to be used in the company’s operations offshore Nigeria.

EIA: Syria’s oil production unlikely to recover for months, maybe years

Feb 19, 2014

Syria’s oil and gas production is unlikely to recover in the near term because of ongoing hostilities between the Syrian government and opposition forces, the US Energy Information Administration said in an update to its country report on Syria.

Pemex signs contracts for Seadrill jack ups

Feb 18, 2014

Petroleos Mexicanos (Pemex) signed 6-year drilling contracts to use Seadrill Ltd.’s jack up rigs West Oberon, West Intrepid, West Defender, and West Courageous in the Gulf of Mexico. 

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