More Oil & Gas Drilling and Production News

USGS: More data needed to grasp fracing’s water-quality risks

Mar 13, 2015

More data and research will be necessary to better understand potential water-quality risks associated with US unconventional oil and gas resource development, a recent US Geological Survey study concluded.

Prosper files OSCA application for Rigel oil sands project

Mar 13, 2015

Prosper Petroleum Ltd., Calgary, has filed an Oil Sands Conservation Act application with Alberta Energy Regulator for the Rigel oil sands project.

ExxonMobil resumes drilling from Point Thomson near ANWR

Mar 12, 2015

Following years of legal wrangling, ExxonMobil Corp. has resumed drilling in the high-pressure Point Thomson gas-condensate field on Alaska’s North Slope near the Arctic National Wildlife Refuge (ANWR).

US rig plunge seen hastening recovery

Mar 12, 2015

The plunge in US drilling should help the oil market recover faster than had been expected, says an Oppenheimer analyst.

Petrobras launches early production system from Buzios field

Mar 12, 2015

The startup of an early production system by Petroleo Brasileiro SA (Petrobras) from Buzios field in the Santos basin represents the first large-scale and longest-running production operations from Brazil’s Transfer of Rights area.

Oil Climate Index measures 30 global crudes’ environmental impacts

Mar 12, 2015

Researchers at the Carnegie Endowment for International Peace, Stanford University, and the University of Calgary unveiled the first Oil Climate Index to compare various crude oils’ environmental impacts from the wellhead to the consumer.

Husky reports start of production from Sunrise oil sands project

Mar 11, 2015

Husky Energy Inc., Calgary, reported the start of production at the first of two 30,000-b/d plants at the in situ Sunrise Oil Sands Project in northeastern Alberta.

ADCO lets contract for UAE crude processing plant

Mar 11, 2015

Abu Dhabi Co. for Onshore Oil Operations (ADCO), through a subcontractor, has let a contract to Al Hassan Engineering Co. Abu Dhabi LLC to provide work related to increasing crude oil processing capabilities as part of ADCO’s Phase 3 development of onshore Rumaitha and Shanayel fields in United Arab Emirates’ Northeast Bab asset.

Premier starts gas production from Pelikan offshore Indonesia

Mar 11, 2015

Premier Oil PLC reported the start of natural gas production from Pelikan field on Natuna Sea Block A offshore Indonesia. This follows start of gas production in fourth-quarter 2014 from neighboring Naga field, also on the block.

Pennsylvania’s DEP releases proposed changes to well site regulations

Mar 10, 2015

Pennsylvania’s Department of Environmental Protection (DEP) proposed changes to its regulations governing oil and gas well sites. The proposals aim to improve water resource protection, add public resource considerations, protect public safety, address landowner concerns, and enhance transparency by improving data management, DEP said.

EIA: Eagle Ford, Bakken oil production to fall in April

Mar 10, 2015

US shale oil production is expected to increase by a mere 1,000 b/d from March to April, according to the Energy Information Administration’s Drilling Productivity Report (DPR), signifying a slowdown in growth caused by reduced company budgets and a shrinking rig count.

EIA: Monthly average Brent price up for first time in 8 months

Mar 10, 2015

North Sea Brent crude oil prices averaged $58/bbl in February—up $10/bbl from the January average—representing the first monthly average price increase since June 2014, according to the US Energy Information Administration’s latest Short-Term Energy Outlook (STEO).

Foxtrot finds oil, gas offshore Ivory Coast

Mar 9, 2015

The Marlin North-1 well drilled by Foxtrot International LDC, Abidjan, offshore Ivory Coast flowed gas and oil from the Turonian and Lower Senonian intervals, neither of which had previously tested hydrocarbons on Block CI-27.

CNOOC boosts oil production from Qinhuangdao field

Mar 9, 2015

China National Offshore Oil Corp. Ltd. reported startup of oil production from a comprehensive adjustment project in Qinhuangdao 32-6 field. The project, which included four platforms and 99 producing wells, is expected to result in output of 36,000 b/d later this year.

GOP senators ask Obama to stop attacks on OCS revenue sharing

Mar 9, 2015

Seven Republican US senators asked US President Barack Obama to reconsider his proposal to deprive Gulf Coast states of a fair share of revenue from energy produced off their shores in federally controlled waters as promised under the 2006 Gulf of Mexico Energy Security Act (GOMESA).

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