More Oil & Gas Drilling and Production News

Shell submits revisions to its 2015 Chukchi Sea exploration plan

Sep 8, 2014

Shell Offshore Inc. submitted revisions to its previously approved Chukchi Sea exploration plan on Aug. 28, a spokesman for the company confirmed.

Deals with CNPC seen good for Russian firms

Sep 8, 2014

Russia's recent oil and gas deals with China, some of which have been questioned on the basis of pricing, are good for Russian companies overall, argues an analyst at Moody's Investors Service.

WRI: Shale oil, gas face tight competition for water

Sep 8, 2014

Governments and businesses trying to develop tight oil and gas resources could face intense competition for water that would be used in hydraulic fracturing, the World Resources Institute said in a recent report.

Fitch: Drilling downturn might prompt some consolidation

Sep 8, 2014

A cyclical downturn in offshore drilling might provide an opportunity for driller contractors having financial flexibility to buy their peers at favorable prices, Fitch Ratings of Chicago said in a recent research note, adding that master limited partnerships (MLPs) in particular can provide financial flexibility.

Drilling begins on Manora oil development offshore Thailand

Sep 5, 2014

A joint venture led by Mubadala Petroleum, Abu Dhabi, has spudded the first of 15 planned development wells in the Manora oil development in the northern Gulf of Thailand.

BHI: US rig count posts double-digit gain for second straight week

Sep 5, 2014

The US drilling rig count gained 11 units to reach 1,925 rigs working during the week ended Sept. 5, Baker Hughes Inc. reported.

Devon Canada files with AER for Walleye oil sands project

Sep 5, 2014

Devon Canada Corp. has submitted applications with Canada’s Alberta Energy Regulator for its Walleye steam-assisted gravity drainage project.

Noble, Nepco sign gas supply deal for Leviathan production

Sep 4, 2014

Noble Energy Inc., Houston, reported signing a nonbinding letter of intent (LOI) to supply natural gas from Leviathan field offshore Israel to Jordan’s National Electric Power Co. Ltd. (Nepco).

Nova Scotia prohibits hydraulic fracturing

Sep 4, 2014

The government of Nova Scotia has imposed an indefinite ban on hydraulic fracturing onshore.

Statoil shuts down production from Huldra platform

Sep 3, 2014

Statoil ASA has permanently shut down production from its Huldra field platform on PL051/052 in the North Sea. The platform’s production lifespan outlasted its original plan by 6 years.

Consortium starts drilling UK Horse Hill oil well

Sep 3, 2014

Horse Hill Developments Ltd., a London joint venture, spudded the Horse Hill-1 oil well after a series of weather delays for Surrey field, which is part of petroleum exploration and development license 137. Several consortium partners confirmed drilling has started.

Gas production set to resume at In Amenas gas facilities

Sep 2, 2014

Statoil ASA and partners BP PLC and Algerian state-owned Sonatrach are set to resume “ordinary operations” at the In Amenas gas production facility of eastern Algeria near the Libyan border 19 months after it was seized by Islamic militants.

Gazprom Neft starts deliveries of Badra field production to main pipeline

Sep 2, 2014

JSC Gazprom Neft has reported that oil production from Badra field in Iraq is being delivered to Iraq’s main pipeline system for transfer to the export terminal in Basra.

Nelson-Farrar monthly cost indexes

Sep 1, 2014

OGJ100 group posts lower 2013 earnings

Sep 1, 2014

Oil & Gas Journal's survey of the 100 leading oil and gas producing firms based outside the US reveals that 2013 net income and revenues fell modestly from 2012 results in most regions except Canada.

Market Connection

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

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Coker Unit For Sale

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Refinery Units and Equipment for Sale (PA)

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

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