More Production Operations News

Ichthys begins CPF, FPSO module lifts

Apr 24, 2015

Contractors for the Ichthys fields in the Browse basin have completed the first topside module lifts onto the central processing facility and the floating production, storage, and offloading facility.

Diligence essential to avoid future offshore mistakes, panel told

Apr 23, 2015

The offshore oil and gas industry—as well as the federal agencies that regulate it—must remain diligent to avoid the mistakes that led up to the Macondo deepwater well blowout and crude oil spill 5 years ago, witnesses told the US House Natural Resources Committee.

CNOOC starts oil production at Kenli 10-1 field

Apr 23, 2015

China National Offshore Oil Corp. Ltd. reported the start up of oil production from Kenli 10-1 field with 12 wells producing 10,750 b/d.

Upper East Coast US Senate, House members oppose Atlantic leasing

Apr 23, 2015

Observing both Earth Day and the fifth anniversary of the Macondo deepwater well accident and crude oil spill, US Senate and House members—largely Democrats from Northeastern and Mid-Atlantic states—introduced bills to stop federal offshore oil and gas leasing off the Atlantic coast.

CERAWeek: Company, industry have transformed since Macondo, BP CEO says

Apr 22, 2015

This week marked the 5-year anniversary of the Deepwater Horizon explosion in the deepwater Gulf of Mexico that took 11 lives and resulted in the costliest oil spill in US history, a somber occasion of which Bob Dudley, BP PLC chief executive officer since the aftermath of the incident, took a moment to remember during an Apr. 21 IHS CERAweek luncheon.

CERAWeek: Regulatory hurdles still threaten US shale, CEOs say

Apr 22, 2015

Leaders of prominent US shale producers came together on Apr. 21 to drive home a point that’s emerged as a primary theme during this year’s IHS CERAWeek in Houston: The urgent need to lift the export ban on US crude oil.

Study: North Texas quakes likely linked to gas drilling

Apr 22, 2015

A seismology team in a study led by Southern Methodist University found high volumes of wastewater injection combined with brine extraction from natural gas wells was “the most likely” cause of earthquakes near Azle, Tex., during 2013-14.

Statoil lets carbon dioxide service contract for Bakken

Apr 21, 2015

Statoil has let a major carbon dioxide supply and service agreement to Ferus LP of Denver to supply liquid CO2 to be used in a test well to evaluate potential production uplift and partially replace water in a large multistage hydraulic fracturing operation in a horizontal oil well.

End of routine gas flaring at oil production sites urged by 2030

Apr 20, 2015

Supporters of ending routine natural gas flaring met Apr. 17 at headquarters of the World Bank in Washington, DC, to launch the “Zero Routine Flaring by 2030” initiative.

IEA forecasts higher 2015 global oil demand

Apr 20, 2015

In its April Oil Market Report, the International Energy Agency raised its forecast of 2015 global oil demand by 90,000 b/d to 93.6 million b/d, a gain of 1.1 million b/d on the year and a notable acceleration of the 700,000-b/d growth in 2014, as the global economy slowly gains momentum.

DOI proposes new offshore BOP, well-control regulations

Apr 20, 2015

The US Department of the Interior proposed offshore oil and gas well-control regulations with more stringent design requirements and operational procedures for blowout preventers (BOPs) and blowout prevention technologies.

More witnesses urge Congress to repeal US crude oil export ban

Apr 20, 2015

The US crude oil export ban is a 1970s anachronism that could hobble US production growth and restrict economic improvement if it is not repealed, three witnesses told a House Foreign Affairs Subcommittee's hearing on the matter.

AEO2015: US on track to eliminate net energy imports by 2030

Apr 17, 2015

Continued growth in oil and natural gas production, growth in the use of renewables, and the application of demand-side efficiencies show the potential to eliminate net US energy imports in the 2020 to 2030 timeframe, according to projections in the Annual Energy Outlook 2015 (AEO2015), released by the US Energy Information Administration. The US has been a net importer of energy since the 1950s.

BHI: US rig count cut in more than half since Dec. 5

Apr 17, 2015

The US drilling rig count fell 34 units—all on land—to 954 rigs working during the week ended Apr. 17, according to data from Baker Hughes Inc.

API: US demand for petroleum rose in March, first quarter

Apr 17, 2015

Total US petroleum deliveries, a measure of demand, averaged 19.2 million b/d in March, up 3.4% from a year ago and the highest level for the month since 2011, according to the American Petroleum Institute’s monthly statistics for March. Total demand in the first quarter gained 2.2% year-over-year.

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