More Oil & Gas Drilling and Production News

Petrobras eyes Lapa field pipeline-heating

Aug 26, 2014

Petroleo Brasileiro SA (Petrobras) will evaluate pipeline-heating systems for use in development of deepwater Lapa oil field in the Santos basin offshore Brazil.

Statoil: Aasta Hansteen gas development on schedule for 2017

Aug 26, 2014

The Aasta Hansteen gas development in the northern Norwegian Sea is on schedule for production start-up in third quarter 2017, reported operator Statoil ASA.

Watching Government: Michigan quietly adjusts rules

Aug 25, 2014

Michigan's Department of Environmental Quality (DEQ) is moving ahead with development of new hydraulic fracturing rules.

CERI: Market access key to Canadian bitumen output

Aug 25, 2014

Outcomes in two areas of critical uncertainty can mean a difference in Canadian bitumen production in 2030 of 1.7-1.8 million b/d, according to a study published by the Canadian Energy Research Institute.

CNOOC starts up oil field in Pearl River Mouth basin

Aug 25, 2014

CNOOC Ltd. reported that its Wenchang 13-6 oil field has started production. The field, which lies in 120 m of water west of the Pearl River Mouth basin, is part of the Wenchang oil fields and shares existing adjacent facilities for the development.

BHI: US rig count upward momentum stymied, falls below 1,900 mark

Aug 22, 2014

The US drilling rig count lost 17 units to settle at 1,896 rigs working during the week ended Aug. 22, ending four consecutive weeks of gains, Baker Hughes Inc. reported.

DEKA natural gas flow starts offshore Egypt

Aug 22, 2014

Production has begun from the Denise-Karawan (DEKA) natural gas development offshore the Nile Delta in Egypt.

Rosneft signs deal with NAD for land drilling rigs in Russia

Aug 22, 2014

OAO Rosneft, Seadrill Ltd., and North Atlantic Drilling Ltd. (NAD) have signed a framework agreement under which NAD will acquire about 150 land drilling rigs from Rosneft as well as 5-year contracts for the rigs. The transaction is expected to close in this year’s fourth quarter.

Kvaerner to study Oseberg subsea alternative

Aug 22, 2014

Statoil has commissioned Kvaerner for a concept study on a slim-leg wellhead platform that could be used instead of tied-back subsea wells in future development of 25-year-old Oseberg oil field offshore Norway.

Petrobras begins drilling in Libra field offshore Brazil

Aug 21, 2014

Petroleo Brasileiro SA (Petrobras) has spudded the first appraisal well in the presalt Libra field 200 km offshore Brazil. Its target depth will reach 5,850 m.

Second-phase of Halfaya field in Iraq starts production

Aug 21, 2014

The second phase of development of giant Halfaya oil field in Iraq has started crude oil production, reported China National Petroleum Corp.

DNO reaffirms commitment to Kurdistan operations

Aug 21, 2014

DNO International ASA remains committed to its operations in Iraq’s Kurdistan region despite the area’s recent crises, noted Bijan Mossavar-Rahmani, the company’s executive chairman, in the company’s quarterly report. The second quarter marked DNO’s 10th anniversary as the first Western oil company to explore in Kurdistan.

Angolan oil flow seen above 2 million b/d

Aug 20, 2014

Angola will produce 2.1-2.2 million b/d of crude oil by 2016, predicts Moody’s Investors Service.

Lukoil’s West Qurna-2 field production tops 280,000 b/d

Aug 20, 2014

OAO Lukoil issued an update on West Qurna-2 field in Iraq, saying its production has exceeded 280,000 b/d compared with 120,000 b/d when Lukoil started producing from the field in March.

Statoil shuts in production from Troll C platform in North Sea

Aug 20, 2014

Statoil ASA has temporarily shut in production from its Troll C platform in the North Sea after inspectors detected corrosion damage in pipe connected to the oil export system.

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