IOR/EOR News

New development expected to arrest European offshore decline

Aug 4, 2014

After playing a pivotal role in the European economy for decades, offshore hydrocarbon production has declined steeply in recent years and is struggling to arrest the dive.

Shell Canada withdraws application for Pierre River heavy oil project

Mar 3, 2015

Shell Canada Ltd. has withdrawn its regulatory application for the proposed Pierre River heavy oil mine north of Fort McMurray.

Grizzly files OSCA application with AER for Thickwood

Feb 25, 2015

Grizzly Oil Sands ULC, Calgary, has filed an Oil Sands Conservation Act application with Alberta Energy Regulator for the Thickwood project.

Waterflooding boosts oil production at Nimr-C in Oman

Feb 25, 2015

Waterflooding has increased oil production from Nimr-C field in southern Oman sixfold in 4 years, Petroleum Development Oman (PDO) reported.

Partners submit Johan Sverdrup development plan

Feb 13, 2015 Partners Statoil ASA, Lundin Petroleum AB, Petoro, Det Norske Oljeselskap ASA, and Maersk Oil have submitted a plan for development and operation (PDO) for Phase 1 of Johan Sverdrup field to the No...

Wintershall applies steam flooding to Gildehaus sandstone at Emlichheim

Feb 12, 2015

Wintershall Holding GMBH reported steam flooding at 300° into Gildehaus sandstone at Emlichheim oil field in Germany.

Syncrude files applications for Mildred Lake extensions

Jan 20, 2015

Syncrude Canada Ltd. has filed applications with Alberta Energy Regulator for two extensions to the Mildred Lake oil sands production area.

Conoco’s Lance calls for repeal of US crude oil export ban

Jan 15, 2015 The US crude export ban that was imposed in 1975 should be repealed 40 years later to ensure the US oil and gas renaissance continues, ConocoPhillips Chief Executive Officer Ryan Lance said.

Suncor cuts capital budget by $1 billion (Can.) and 1,000 jobs

Jan 14, 2015

Suncor Energy Inc., Calgary, is cutting $1 billion (Can.) from its 2015 capital spending program and reducing its workforce by 1,000 because of lower crude oil prices.

CNR cuts capital spending by $2.4 billion (Can.)

Jan 12, 2015

In response to lower oil prices, Canadian Natural Resources Ltd., Calgary, plans to cut 2015 capital spending to $6.2 billion (Can.) from its original budget of $8.6 billion (Can.).

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US Midstream at a Crossroads

Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more ...
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