More Oil & Gas Drilling and Production News

States with fracing are economically stronger, House panel told

Jul 28, 2014

US states that embraced hydraulic fracturing and horizontal drilling staged stronger economic recoveries than those that did not since 2008 when the country plunged into recession, an economist told a House Energy and Commerce subcommittee.

DOE wants to mobilize subsurface engineering R&D efforts

Jul 28, 2014

The US Department of Energy wants to mobilize federal government, oil and gas industry, university, and other research to address subsurface engineering challenges, particularly controlling fracture propagation and fluid flow, officials said at the first of several projected discussions.

An Atlantic OCS step

Jul 28, 2014

If oil and gas drilling ever occurs off the US East Coast, the risk that a well will blow out catastrophically and spill oil, as tragically happened in the Gulf of Mexico 4 years ago, will be remarkably low.

Baker Hughes: US drilling rig count jumps to 1,883

Jul 25, 2014

The US drilling rig count shot up 12 units to 1,883 rigs working during the week ended July 25, Baker Hughes Inc. reported.

Contracts let for Nasr work off Abu Dhabi

Jul 25, 2014

Work is beginning on a platform complex in the second phase of development of Nasr oil field off Abu Dhabi.

Texas Petro Index sets record for 7th straight month

Jul 24, 2014

The Texas Petro Index (TPI), a composite index based on a comprehensive group of upstream economic indicators released by the Texas Alliance of Energy Producers (TAEP), continued to produce record highs last month amid an “economic tsunami.”

CERI: Costs up for oil sands production

Jul 23, 2014

The costs of producing bitumen and synthetic crude in the Albertan oil sands have increased over the past year, says the Canadian Energy Research Institute in an annual report that projects steady growth in output.

AER responds to reports on cause of Primrose bitumen leaks

Jul 22, 2014

The Alberta Energy Regulator (AER) said on July 22 that it agrees with the assessment that the steaming strategy and wellbore issues were the main contributing factors to last year’s bitumen flow-to-surface (FTS) incidents at the east and south sections the Primrose project operated by Canadian Natural Resources Ltd. (CNRL).

DOE wants to mobilize subsurface engineering R&D efforts

Jul 22, 2014

The US Department of Energy wants to mobilize federal government, oil and gas industry, university, and other research to address subsurface engineering challenges, particularly controlling fracture propagation and fluid flow, officials said at the first of several projected discussions.

Operators, FMC team up to develop subsea production equipment

Jul 22, 2014

Anadarko Petroleum Corp., BP PLC, ConocoPhillips, and Royal Dutch Shell PLC have signed an agreement with FMC Technologies Inc. to jointly develop next-generation standardized subsea production equipment and systems for producing oil and gas from deepwater high-pressure, high-temperature reservoirs.

Central Petroleum starts work toward Dingo field development

Jul 21, 2014

Central Petroleum Ltd., Brisbane, has begun clearing works for the Dingo gas field development in central Australia’s Amadeus basin 65 km south of Alice Springs.

Statoil resumes oil, gas production from Njord A platform

Jul 21, 2014

Statoil ASA reported the restart of oil and gas production July 19 from the Njord A platform in the Norwegian Sea. Production had been shut for maintenance for nearly a year.

Sembawang to convert VLCCs to Kaombo FPSOs

Jul 21, 2014

Sembawang Shipyard, a wholly owned subsidiary of Sembcorp Marine, Singapore, will convert two very large crude carriers into floating production, storage, and offloading vessels for the deepwater Kaombo oil project offshore Angola.

North Dakota flaring reduction policy may impact January production

Jul 21, 2014

North Dakota production continued to climb in May but new requirements in the state's flaring reduction plan slowed permitting activity in June and may lead to production curtailments for some operators early next year.

API releases conventional production community engagement standard

Jul 21, 2014

The American Petroleum Institute issued a new standard specifically aimed at effectively engaging with US communities affected by exploration and development of unconventional oil and gas resources.

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PUBLIC AUCTION: Complete Liquidation of Offshore/Onshore Heavy Fabrication Facility

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