More Oil & Gas Drilling and Production News

BHI: US drilling rig count holds steady at 1,931

Sep 19, 2014

The US drilling rig count was unchanged at 1,931 rigs working during the week ended Sept. 19, Baker Hughes Inc. reported.

Cenovus starts production from Phase F at Foster Creek oil sands project

Sep 19, 2014

Cenovus Energy Inc., Calgary, started oil production earlier this month at its recently completed Phase F expansion at its Foster Creek oil sands project in western Canada. Phase F is expected to add 30,000 b/d of capacity, with production ramping up over the next 12-18 months.

Inpex to increase recovery, lifespan at Minami-Nagaoka field

Sep 19, 2014

Inpex Corp. plans to upgrade facilities at its Koshijihara plant to enhance natural gas and condensate recovery at Minami-Nagaoka gas field in Japan.

Wild Well completes second capping stack

Sep 18, 2014

Wild Well Control Inc., a subsidiary of Superior Energy Services, has completed a subsea capping stack stationed in Singapore to serve the area during a deepwater well control incident. The company’s first unit resides in Aberdeen.

Noble signs Big Bend, Dantzler production agreement

Sep 18, 2014

Noble Energy Inc., Houston, has signed a production handling agreement with SBM Offshore to produce the Big Bend and Dantzler fields via the Thunder Hawk DeepDraft semisubmersible, which lies in 6,060 ft of water in the Gulf of Mexico.

Andora Sawn Lake SAGD pilot begins bitumen production

Sep 18, 2014

Andora Energy Corp. has recompleted its pilot steam-assisted gravity drainage (SAGD) well in Sawn Lake, Alta., and expects a stable bitumen production rate and steam oil ratio over the next 2 months.

Senate adopts bill making BLM drilling permit pilot program permanent

Sep 17, 2014

The US Senate approved Tom Udall (D-NM) and John Barrasso’s (R-Wyo.) bill permanently extending a US Bureau of Land Management drilling permit processing improvement pilot program that was established under the 2005 Energy Policy Act. It was scheduled to expire in 2015.

Statoil to suspend second semi off Norway

Sep 17, 2014

Statoil ASA will lay up a second semisubmersible drilling rig that it says exceeds the needs of its current program offshore Norway.

AER approves conversion to low-pressure steaming at CNRL’s Primrose East

Sep 16, 2014

Alberta Energy Regulator has approved an application by Canadian Natural Resources Ltd. to convert to low-pressure steamflooding at its Primrose East Area 1 bitumen project.

Study finds bad well construction, not fracing, fouled water wells

Sep 16, 2014

Fugitive methane found in water wells above the Marcellus and Barnett shales came from poor well construction, not hydraulic fracturing, a study the National Academy of Sciences released on Sept. 15 concluded.

Gazprom Neft produces millionth bbl from Prirazlomnoye field

Sep 15, 2014

JSC Gazprom Neft reports producing the millionth bbl of oil from the Prirazlomnoye field in the Pechora Sea.

Punitive regs would harm Pennsylvania, PIOGA president says

Sep 15, 2014

A severance tax and other election-year proposals potentially could dismantle Pennsylvania's unprecedented natural gas production growth, the Pennsylvania Independent Oil & Gas Association's president warned.

The gas market's horizon

Sep 15, 2014

This year has been relatively bullish for the US natural gas market, largely because of an extremely cold winter season in much of the nation and the drawdown of storage inventories to record-low levels.

US firms' reported earnings dip in second quarter

Sep 15, 2014

Second-quarter profits for a group of 53 US-based producers and refiners totaled $25.45 billion, which was down 8.1% from the same period in 2013.

Christie calls for North American energy system improvements

Sep 15, 2014

Mexico, Canada, and the US will need to significantly increase investments in energy systems if they expect to achieve the full benefits of a North American energy renaissance, New Jersey Gov. Chris Christie (R) said during a multiday visit to Mexico.

Market Connection

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