More Oil & Gas Drilling and Production News

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. 

Industry urged to change hydraulic fracturing ‘conversation’

Feb 18, 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.

PNR reports $3.3 billion capex plan for 2014

Feb 17, 2014

Pioneer Natural Resources Co. (PNR), Dallas, reported capital expenditure plans of $3.3 billion for 2014, $2.2 billion of which will be used to target the northern Spraberry-Wolfcamp area in the Midland basin of West Texas.

The orphan well burden

Feb 17, 2014

Amid the many issues that are debated, exaggerated, and understated relating to oil and gas drilling and production, the prevalence of unplugged and abandoned, or "orphaned" wells is one that until recently had been largely overlooked.

Douglas-Westwood: Industry to see increase in FPS deployment in 2014

Feb 17, 2014

Energy industry analyst Douglas-Westwood is forecasting that nearly $100 billion will be spent worldwide on floating production systems (FPS) between 2014-2018, according to a company market report. That would be an increase of 138% over the previous 5-year period.

Baker Hughes: US drilling rig count declines to 1,764

Feb 14, 2014

The US drilling rig count dropped 7 units to 1,764 rigs working during the week ended Feb. 14, Baker Hughes Inc. reported.

Market Connection

Proco

Expansion Joints and Check Valves

Proco Products, Inc. is a global leader in the design and supply of piping/ducting system expansion joints and rubber check valves. We offer the mo...
Refinery Units and Equipment for Sale (PA). Pictured: LSG: Gasoline Desulfurizer, 65,000 BPD.

Refinery Units and Equipment for Sale (PA)

Refinery Units and Equipment for Sale (PA). Pictured: LSG: Gasoline Desulfurizer, 65,000 BPD.

Welded

Contact Us for YOUR Next Pipeline Construction Project

We are a mainline contractor capable of installing pipeline projects ranging up to 48” anywhere within the United States. We give our clients a bal...
Journyx

Get Accurate Real-Time Costs

Get accurate real-time costs: Project time, well expenses, mobile or web.


superiorglove

Engineered Hand Protection

Superior Glove Works: Engineered hand protection for every industry. See what zero injuries feels like. Get a sample and watch injuries disappear.
Stay Connected