More Oil & Gas Field Start Ups News

Noble, Woodside terminate $2.5 billion MOU for Leviathan

May 21, 2014

The nonbinding memorandum of understanding (MOU) for the $2.5 billion sale of interest in the Leviathan licenses offshore Israel between Noble Energy Inc. and Woodside Petroleum, first reported in December 2012, has been terminated by the companies.

EnQuest eyes second-half Alma-Galia start

May 16, 2014

EnQuest PLC, London, expects production to start in this year’s second half from its redevelopment of Alma and Galia oil fields in the UK North Sea.

GlobalData: Kenya’s first commercial oil find could generate $10 billion

May 14, 2014

Kenya’s first commercial oil discovery in South Lokichar basin’s Block 10BB/13T could generate $10 billion in revenue over a 30-year production period based on regional geological characteristics and well test results, according to an analyst with research and consulting firm GlobalData.

Petrobras starts production from Platform P-62 in Roncador field

May 12, 2014

Brazil’s Petroleo Brasileiro SA (Petrobras) has started production from Platform P-62 in the Campos basin’s Roncador field.

Petrobras starts oil production from Lula field

May 12, 2014

Petroleo Brasileiro SA (Petrobras) has started oil production from well 7-LL-22D-RJS in the Santos basin’s presalt Lula field.

Statoil starts production from Gudrun field in Norwegian North Sea

Apr 7, 2014

Statoil ASA and partners have started oil and natural gas production from Gudrun field in the Norwegian North Sea.

Husky, CNOOC start production from Liwan 3-1

Mar 31, 2014

Husky Energy Inc., Calgary, and CNOOC Ltd. reported the start of production from Liwan 3-1 field in the South China Sea.

Lukoil starts production at West Qurna-2 field

Mar 31, 2014

Lukoil Mid-East Ltd. has started production at Iraq’s West Quarna-2 oil field after reaching its target of 120,000 b/d on Mar. 28. The company says it must maintain that level of production for the next 90 days to begin receiving a return on investment, based on a 2010 agreement with the Iraqi government.

Santos brings Peluang gas development on stream

Mar 24, 2014

Santos Ltd., Adelaide, has started natural gas production from its Peluang development offshore the Indonesian island of Java.

EnerJex begins production from J sand well in Adena field

Mar 7, 2014

EnerJex Resources Inc., San Antonio, has started natural gas production from a well in the J sand formation of Adena field, Colorado’s third-largest oil field. The well is flowing at a rate of 0.5 MMcfd of liquids-rich natural gas, the company reported.

BP starts production from Na Kika Phase 3 in Gulf of Mexico

Feb 24, 2014

BP PLC’s Na Kika Phase 3 project in the deepwater Gulf of Mexico started oil production on Feb. 19. The first well was drilled from a semisubmersible platform 140 miles southeast of New Orleans in 6,000 ft of water, BP said.

ExxonMobil starts production from Damar gas field offshore Malaysia

Feb 14, 2014

ExxonMobil Exploration & Production Malaysia Inc. reported the startup of natural gas production from Damar field, which lies in 55 m of water about 200 km offshore eastern peninsular Malaysia.

Eland starts oil production from Opuama field in Nigeria

Feb 5, 2014

Eland Oil & Gas PLC has started oil production from Opuama field on the OML 40 license onshore Nigeria.

Anadarko reports fourth-quarter loss, record yearend sales volumes

Feb 4, 2014

Anadarko Petroleum Corp. reported a fourth-quarter net loss of $770 million, decreasing net income by $1.145 billion.

Caracal-Glencore pumping oil from Chad’s Badila field

Nov 11, 2013

Caracal Energy Inc., Calgary, said oil production began from Badila field in southern Chad on Sept. 30 and as of Nov. 6 was being pumped through a pipeline at a rate of 5,100 b/d.

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