More Oil & Gas Drilling and Production News

BlackPearl files OSCA application for Blackrod SAGD

Aug 19, 2014

Alberta Energy Regulator reports that BlackPearl Resources Inc., Calgary, has filed an Oil Sands Conservation Act application for the Blackrod commercial steam-assisted gravity drainage project.

API leads industry call for more OCS access in next 5-year program

Aug 18, 2014

The Obama administration should consider all parts of the US Outer Continental Shelf for leasing in the 2017-22 OCS program it has begun to prepare so future national energy policy options can be maximized, the American Petroleum Institute and 10 other oil and gas trade associations jointly said.

Petrobras begins FPSO transport to Lula field

Aug 18, 2014

A consortium comprised of Schahin Group and Modec Inc., contracted by Petroleo Brasileiro SA (Petrobras), has begun transporting the newly built Cidade de Mangaratiba floating production, storage, and offloading vessel from the BrasFels shipyard in Angra dos Reis, Brazil, to the Iracema South area of Lula field in the presalt layer of the Santos basin.

EIA: China to increase natural gas consumption, investment

Aug 18, 2014

China more than tripled natural gas production since 2003, producing 3.8 tcf in 2012, and the government is targeting production to reach about 5.5 tcf/year of gas by the end of 2015, according to a recent analysis from the US Energy Information Administration.

BHI: US rig count continues rise, reaches 1,913

Aug 15, 2014

The US drilling rig count gained 5 units to reach 1,913 rigs working during the week ended Aug. 15, Baker Hughes Inc. reported.

Kvaerner, KBR form JV to bid on Johan Sverdrup topsides

Aug 15, 2014

Kvaerner ASA and KBR Inc. have agreed to establish a joint venture to competitively bid on offshore platform topsides contracts for field development of Johan Sverdrup offshore Norway.

Contract let for Kaombo hybrid risers

Aug 14, 2014

Heerema Marine Contractors (HMC) has let a contract to 2H Offshore, an Acteon company, to engineer hybrid risers for Total SA’s Kaombo Block 32 project offshore Angola.

MOL to develop two areas of Kurdish block

Aug 14, 2014

A wholly owned subsidiary of MOL Group, Budapest, plans to produce at least 50,000 boe/d of oil and natural gas from the Akri-Bijeel Block in the Kurdistan region of Iraq by 2017-18.

BP gives nod for Juniper gas project off Trinidad and Tobago

Aug 14, 2014

BP PLC has given approval for its Trinidad and Tobago subsidiary BP Trinidad & Tobago LLC to proceed with its Juniper natural gas project.

Near-shore drilling to start in Suriname

Aug 14, 2014

Drilling is to start by December in a nine-well exploratory program by State Oil Co. Suriname NV (Staatsolie) on near-shore Block 4 in Suriname.

EPA hydraulic fracturing study may be prelude to new federal rules

Aug 13, 2014

Oil and gas operations have historically been regulated mainly at the state level, though the expansion of hydraulic fracturing activities has brought with it an expansion in the number and sources of regulations facing operators.

Utica Core Emerges as Production Climbs

Aug 13, 2014

Production from the emerging Utica shale in Ohio climbed in 2013, according to the latest data from the Ohio Department of Natural Resources (ODNR).

Marathon tests water conservation, downspacing in Bakken

Aug 13, 2014

Marathon Oil Corp. is seeking to reduce the environmental impact of operations in the Bakken shale by reducing the amount of water used during hydraulic fracturing and testing wastewater recycling techniques.

Bakken Briefs

Aug 13, 2014

Investors watch, wait as Mexico finalizes details of energy reform

Aug 13, 2014

For Mexico, constitutional reform was just the first step in the long process of opening up its energy industry to outside investment.

Market Connection

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