More Oil & Gas Drilling and Production News

Corruptible oil

Jul 27, 2015

Where there's oil, there's also a good chance some level of corruption exists. Such is the case, especially, when you combine poverty and an abundance of one of the world's most precious resources.

BHI: US rig count jumps 19 units to 876

Jul 24, 2015

The US drilling rig count jumped 19 units to reach 876 during the week ended July 24, according to data from Baker Hughes Inc.

ONGC Videsh unit drills horizontally in Russia’s Snezhnoye field

Jul 24, 2015

Imperial Energy Corp. PLC, a subsidiary of ONGC Videsh Ltd., has drilled two horizontal wells in the Naunak formation of Snezhnoye field in the Tomsk region of Siberia.

MARKET WATCH: Oil futures hover below $49/bbl

Jul 24, 2015

Light, sweet crude oil futures prices settled under $49/bbl July 23 on the New York market, which means US prices have slid more than 20% since their 2015 highs set in June.

EQT reports high IP from Utica dry gas well

Jul 24, 2015

EQT Corp., Pittsburgh, said a deep, dry gas Utica well averaged 72.9 MMcfd with an average flowing casing pressure of 8,641 psi during a 24-hr deliverability test. The well was completed using a 18-stage fracturing job and a 3,221-ft lateral.

Statoil drilling first production well at Gina Krog field

Jul 23, 2015

Statoil ASA has started drilling the first production well at Gina Krog field, 30 km northwest of Sleipner in the North Sea (OGJ Online, Oct. 28, 2014).

OGUK updates guidelines for well abandonments

Jul 23, 2015

Oil & Gas UK has released updated guidelines for abandonment of wells, including cost estimates.

BSEE grants Shell limited drilling rights for Chukchi project

Jul 23, 2015

The US Bureau of Safety and Environmental Enforcement (BSEE) has grated conditional approval to Royal Dutch Shell PLC of two applications for permits to drill (APD) to conduct limited exploratory drilling in the Chukchi Sea offshore Alaska.

Gazprom Neft brings fifth well on production in Iraq’s Badra field

Jul 23, 2015

JSC Gazprom Neft said a fifth well has been brought into production in Badra field in eastern Iraq (OGJ Online, June 26, 2015).

Well completed at Vostochno-Messoyakhskoye oil field onshore Russian Arctic

Jul 21, 2015

JSC Gazprom Neft reported completion of construction of the first production well at Vostochno-Messoyakhskoye oil field on the Gydan Peninsula in northern Russia (OGJ Online, Jan. 28, 2015).

Total starts oil flow from Dalia Phase 1A on Block 17 off Angola

Jul 21, 2015

Total SA has started production from Dalia Phase 1A, a development on the company’s deep offshore operated Block 17, 135 km offshore Angola.

CNOOC starts oil production from Luda 10-1 adjustment project

Jul 21, 2015

CNOOC Ltd. said its comprehensive adjustment project at Luda 10-1 oil field has started production in the Liaodong Bay area of Bohai Gulf (OGJ Online, Oct. 23, 2013).

Last key structure sails for Cygnus off UK

Jul 21, 2015

The last of four main structures for Cygnus natural gas field has departed the Heerema Hartlepool yard in the UK en route to installation on North Sea Blocks 44/11a and 44/12a, 150 km offshore Lincolnshire (OGJ Online, Aug. 13, 2012).

EPA needs to improve oversight of fracing with diesel, OIG report says

Jul 20, 2015

The US Environmental Protection Agency needs to improve its oversight of hydraulic fracturing using diesel fuels and address any compliance issues, EPA’s Office of Inspector General (OIG) said. The agency also needs to take further steps in its May 2014 plan to determine whether a federal requirement to publicly disclose frac fluid ingredients is necessary, OIG said in a July 16 report.

URTeC: Shell’s Hackbarth says unconventional innovation begins with data

Jul 20, 2015

Operators should resist the impulse to pull back on investments in technology despite a down oil market, said Claudia J. Hackbarth, manager, unconventional gas and tight oil research and development, Shell International E&P Inc. during a July 20 luncheon speech at the Unconventional Resources Technology Conference (URTeC) in San Antonio. “Innovation is needed now more than ever.”

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