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Production Operations News

Global oil production up in 2012 as reserves estimates rise again

Dec 3, 2012

Global production and reserves of crude oil and lease condensate both increased in 2012, according to Oil & Gas Journal's annual Worldwide Production report.

Industry lobby group sees declining government revenue in UK tax hike

Aug 1, 2011 The UK oil and gas industry supports hundreds of thousands of jobs across the UK, invests more than any other sector of British industry, and supplies the majority of the nation's energy needs.

Hydraulic fracturing: protecting against legal and regulatory risk

Aug 1, 2011 Newspaper articles and television reports make hydraulic fracturing appear to be a new technology that pollutes drinking water, causes flames to leap from kitchen faucets, and constitutes the next ...

DOI releases revised proposal to regulate hydraulic fracturing

May 17, 2013 The US Department of the Interior released a revised proposal to regulate hydraulic fracturing on public and Indian lands that it said would maintain important safety standards, improve integration...

Enquest lets contract for Thistle repair

May 15, 2013 Enquest PLC, London, has let a contract for inspection, repair, and maintenance services to Hallin Marine in its revitalization of the Thistle Alpha drilling and production platform in the North Se...

Large gain seen in Alberta oil production

May 13, 2013

Bitumen will claim an increased share of sharply higher oil production in Alberta over the next 10 years, according to the provincial Energy Resources Conservation Board.

OTC: Petrobras emphasizes safety in FPSO design, operation in gulf

May 13, 2013 Safety was a priority for engineers planning the first floating production, storage, and offloading vessel installed in the Gulf of Mexico, Petrobras America Inc. executives told a May 6 technical ...

OTC: Petrobras presalt output to reach 2 million bo/d by 2020

May 13, 2013 Brazil's Petroleo Brasileiro SA (Petrobras) plans to increase net production from its offshore presalt formation in the Campos and Santos basins to more than 2 million bo/d by 2020, from 311,000 b/...

NEB sees 'holding pattern' in Canadian gas deliverability

May 10, 2013

Deliverability of natural gas in Canada is in what the National Energy Board calls a “holding pattern” because low prices have suppressed gas drilling.

Mississippi cuts horizontal severance, EOR taxes

May 10, 2013 Mississippi has reduced the severance tax on hydrocarbons produced from horizontal wells and the sales tax paid on electricity for oil and gas produced via carbon dioxide enhanced oil recovery.

Global oil production up in 2012 as reserves estimates rise again

Dec 3, 2012

Global production and reserves of crude oil and lease condensate both increased in 2012, according to Oil & Gas Journal's annual Worldwide Production report.

Industry lobby group sees declining government revenue in UK tax hike

Aug 1, 2011 The UK oil and gas industry supports hundreds of thousands of jobs across the UK, invests more than any other sector of British industry, and supplies the majority of the nation's energy needs.

Hydraulic fracturing: protecting against legal and regulatory risk

Aug 1, 2011 Newspaper articles and television reports make hydraulic fracturing appear to be a new technology that pollutes drinking water, causes flames to leap from kitchen faucets, and constitutes the next ...

DOI releases revised proposal to regulate hydraulic fracturing

May 17, 2013 The US Department of the Interior released a revised proposal to regulate hydraulic fracturing on public and Indian lands that it said would maintain important safety standards, improve integration...

Enquest lets contract for Thistle repair

May 15, 2013 Enquest PLC, London, has let a contract for inspection, repair, and maintenance services to Hallin Marine in its revitalization of the Thistle Alpha drilling and production platform in the North Se...

Large gain seen in Alberta oil production

May 13, 2013

Bitumen will claim an increased share of sharply higher oil production in Alberta over the next 10 years, according to the provincial Energy Resources Conservation Board.

OTC: Petrobras emphasizes safety in FPSO design, operation in gulf

May 13, 2013 Safety was a priority for engineers planning the first floating production, storage, and offloading vessel installed in the Gulf of Mexico, Petrobras America Inc. executives told a May 6 technical ...

OTC: Petrobras presalt output to reach 2 million bo/d by 2020

May 13, 2013 Brazil's Petroleo Brasileiro SA (Petrobras) plans to increase net production from its offshore presalt formation in the Campos and Santos basins to more than 2 million bo/d by 2020, from 311,000 b/...

NEB sees 'holding pattern' in Canadian gas deliverability

May 10, 2013

Deliverability of natural gas in Canada is in what the National Energy Board calls a “holding pattern” because low prices have suppressed gas drilling.

Mississippi cuts horizontal severance, EOR taxes

May 10, 2013 Mississippi has reduced the severance tax on hydrocarbons produced from horizontal wells and the sales tax paid on electricity for oil and gas produced via carbon dioxide enhanced oil recovery.

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