More Oil & Gas Drilling and Production News

Second production well online at Prirazlomnoye field in Pechora Sea

Aug 21, 2015

JSC Gazprom Neft said a second well has been brought on production in Prirazlomnoye field in the Pechora Sea. The well extends more than 4,500 m.

Statoil: Ministry approves PDO for first phase of Johan Sverdrup

Aug 21, 2015

Statoil ASA reported the plan for development and operation (PDO) for Johan Sverdrup field in the North Sea has been approved by Norway’s Ministry of Petroleum and Energy.

Drilling under way on first NPR-A oil development

Aug 20, 2015

ConocoPhillips has started drilling on the first oil development in the National Petroleum Reserve-Alaska (NPR-A).

Make Shell disclose offshore drilling risks, Senate members demand

Aug 20, 2015

Eleven US Senate Democrats and Independent Bernard Sanders (Vt.) asked the US Securities and Exchange Commission to make Royal Dutch Shell PLC disclose to the public and investors inherent risks offshore oil drilling poses if there is a spill or other environmental accident.

DNO increases Tawke output, seeks steady payment from KRG

Aug 20, 2015

DNO ASA reported average second-quarter production of 153,346 bo/d from Tawke field in the Kurdistan region of Iraq after doubling the field’s capacity to 200,000 bo/d during the first half.

West Qurna-2 oil field production reaches 450,000 b/d

Aug 20, 2015

PJSC Lukoil said Iraq’s prime minister had visited West Qurna-2 oil field, which is now producing 450,000 b/d.

CNOOC signs PSCs with Roc Oil for two blocks in South China Sea

Aug 19, 2015

China National Offshore Oil Corp. Ltd. has signed production sharing contracts with Roc Oil (China) Co. for two blocks in the Pearl River Mouth basin in the South China Sea.

Bounty moving towards production in Tanzania

Aug 19, 2015

Bounty Oil & Gas NL, Sydney, is finally moving towards production in its Kiliwani North gas discovery in Tanzania.

EPA proposes methane emissions requirements for oil, gas industry

Aug 18, 2015

The US Environmental Protection Agency has proposed requirements aimed at reducing emissions of methane and volatile organic compounds (VOC) from all US oil and gas industry segments. Officials from several oil and gas associations immediately criticized the Aug. 18 action. Environmental organizations welcomed it.

Oil production from Wassana to reach 10,000 b/d by yearend

Aug 17, 2015

Oil production has started from Wassana field in the G10/48 concession in the Gulf of Thailand, and operator KrisEnergy Ltd. expects peak production to reached 10,000 b/d by yearend as additional development wells are drilled and completed by the Key Gibraltar jack up rig. KrisEnergy became the operator of the G10/48 block in May 2014.

Jubilee oil production offshore Ghana back to previous rates

Aug 17, 2015

Tullow Oil PLC said natural gas exports from Jubilee field offshore Ghana have resumed and oil production has returned to previous rates.

Study estimates impacts if Delaware River basin fracing bans were lifted

Aug 17, 2015

Up to 4,000 more natural gas wells on 500-1,000 well pads within the Delaware River basin could be drilled if hydraulic fracturing moratoriums there and in New York state were lifted, a CNA Corp. report estimated on Aug. 11.

Senate panel probes 'sue-and-settle' tactics' impacts on policymaking

Aug 17, 2015

Environmental litigation settlements, which proponents say help the public make certain federal agencies are diligently implementing congressionally mandated regulations, actually sabotage sound policymaking, several witnesses told a US Environment and Public Works Committee subcommittee.

EIA: US crude output declines to continue through mid-2016

Aug 17, 2015

Total US crude oil production declined 100,000 b/d in July compared with June, and is expected to continue decreasing through mid-2016 before growth resumes late in 2016, according to the US Energy Information Administration's most recent Short-Term Energy Outlook (STEO).

BHI: US oil rig count continues rise, but overall count unchanged

Aug 14, 2015

The overall US drilling rig count sat unchanged during the week ended Aug. 14, remaining at 884 rigs working, according to data from Baker Hughes Inc. Oil-directed rigs, however, continued their warm streak—albeit modestly—with a 2-unit gain.

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