More Production Operations News

Sinopec reveals Fuling field production capacity goals

Mar 25, 2014

Sinopec plans to develop Fuling shale gas field in southwestern China to a production capacity of 10 billion cu m (bcm)/year by 2017, the company said.

IEA: Global oil demand revised upward on stronger data

Mar 24, 2014

Global oil demand in 2013 rose by 1.3 million b/d year-over-year to 91.3 million b/d, according to the latest, near-complete set of demand data for the year, the International Energy Agency said in its most recent monthly Oil Market Report.

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.

Cenovus gets AER approval for Grand Rapids oil sands project

Mar 21, 2014

Cenovus Energy Inc. reported that it has received approval from the Alberta Energy Regulator (AER) for its wholly owned Grand Rapids thermal oil sands project 300 km north of Edmonton in the company’s Greater Pelican Region in northern Alberta.

Shell lets contracts for Majnoon development

Mar 18, 2014

Shell Iraq Petroleum Development BV has let engineering and procurement services contracts to Foster Wheeler Kentz Energy Services DMCC, Dubai, for Shell’s Majnoon field in Iraq. The 2-year contracts include concept selection, front-end design, detailed design, procurement, and contract services, said Foster Wheeler Kentz.

Ivanhoe halts Tamarack oil sands project citing lack of regulatory ‘clarity’

Mar 18, 2014

Ivanhoe Energy Inc. has suspended activity on its Tamarack oil sands project pending approval for its thermal oil sands application from the government of Alberta.

Madagascar Oil provides Tsimiroro field activity update

Mar 18, 2014

Madagascar Oil Ltd. reported that its steam-flood pilot (SFP) in Tsimiroro heavy oil field has increased oil production from 222 b/d in December 2013 to 425 b/d in February. The results of the pilot, scheduled to end by this year’s second quarter, will determine if the company proceeds with a commerciality declaration later this year.

Moniz wants closer look at methane emissions across gas system

Mar 17, 2014

US Energy Secretary Ernest G. Moniz called for more scrutiny of methane emissions from natural gas operations beyond exploration and production.

EIA: Harsh winter affected US heating expenditures, oil production

Mar 17, 2014

Worldwide liquids fuels consumption will increase by 1.2 million b/d this year and by 1.4 million b/d in 2015, according to the US Energy Information Administration.

Gazprom Neft completes testing on second Badra well in Iraq

Mar 13, 2014

JSC Gazprom Neft has completed testing its second well in Badra field in Iraq, with average flow rates of 10,000 b/d from three tests.

Obama administration 2015 budget request retains punitive measures

Mar 10, 2014

The White House proposed repealing six federal tax code provisions it considers unnecessary breaks for the oil and gas industry in its fiscal 2015 budget request.

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.

SSPC advances Malikai oil field work offshore Malaysia

Mar 6, 2014

Sabah Shell Petroleum Co. Ltd. (SSPC) let a contract to Flowserve Corp. for supply of custom designed water injection and liquid transfer pumps for the Malikai oil field project, which lies 68 miles offshore Sabah, Malaysia.

ExxonMobil outlines 2014 production plans

Mar 5, 2014

ExxonMobil Corp. said it expects to start production at 10 major projects this year, adding 300,000 net boe/d of net capacity.

BLM would impose onshore inspection fees under proposed 2015 budget

Mar 5, 2014

The US Bureau of Land Management would impose inspection fees for onshore oil and gas producers operating on lands under its jurisdiction under the Obama administration’s proposed fiscal 2015 budget. The fees would be similar to those the US Bureau of Safety and Environmental Enforcement charges offshore producers, BLM said.

Market Connection

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

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