More Production Operations News

Encana trims additional $700 million from 2015 capital budget

Feb 25, 2015

Encana Corp. is reducing its previously reported capital investment for 2015 by $700 million to $2-2.2 billion “to maintain a solid balance sheet and help strengthen liquidity through a low price environment.”

Hickenlooper’s siting task force calls for more local consultation

Feb 25, 2015

Colorado Gov. John W. Hickenlooper’s (D) oil and gas siting taskforce called for more consultation and greater involvement with local communities on Feb. 24, but stopped short of giving them more power as it forwarded 9 of 36 proposals to him, The Denver Post reported.

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.

UKCS report cites need for deep cost cuts

Feb 24, 2015

The struggling producing industry on the UK Continental Shelf needs deep cost cuts, according to the Oil & Gas UK’s Activity Survey 2015.

Total lets subsea contract for Glenlivit field offshore UK

Feb 24, 2015

Total SA has let a contact to Technip SA for the subsea development of Glenlivit field, 75 km northwest of the Shetlands in 435 m of water. Technip says the contract is in addition to parallel work its doing for Total’s nearby Edradour subsea development.

Statoil lets EPC contract for Johan Sverdrup platform deck

Feb 24, 2015

Statoil ASA has let an 8-billion-kroner contract to Aibel AS for engineering work, procurement, and construction of the deck for the Johan Sverdrup drilling platform.

Highlander well in South Louisiana flows 75 MMcfd

Feb 23, 2015

Production testing by Freeport-McMoRan Oil & Gas, a subsidiary of Freeport-McMoRan Inc., on the Highlander discovery onshore South Louisiana indicated a flow rate of 75 MMcfd—37 MMcfd net to the company—on a 42/64th choke with 10,300 psi flowing tubing pressure.

Statoil starts production from Oseberg Delta 2 in North Sea

Feb 23, 2015

Statoil ASA reported the start of production from Oseberg Delta 2 in the North Sea. The field is tied back 14 km to Oseberg field’s center by two subsea templates with total capacity for eight wells. The initial phase involves three oil producers and two gas injectors. Gas injection will provide “a substantially greater recovery rate,” the company said.

AER sets new seismic monitoring rules for Duvernay in the Fox Creek area

Feb 23, 2015

The Alberta Energy Regulator (AER) announced seismic monitoring and reporting requirements for companies using hydraulic fracturing in the Duvernay zone of the Fox Creek area following some seismic events there in December 2014 and in January.

API: US oil product demand reached highest January level since 2008

Feb 23, 2015

US oil product demand rose 1.5% year-to-year to an average 19.2 million b/d in January, its highest level for the month since 2008, the American Petroleum Institute reported. Gasoline demand growth was strongest, reaching a 6-year January peak of 8.7 million b/d, 6.3% more than in January 2014, API said in its latest Monthly Statistical Report.

Oil forecasts need a new asterisk for supply instability

Feb 23, 2015

Do projections of worldwide oil supply need another asterisk?

Partners submit Johan Sverdrup development plan

Feb 23, 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 Norwegian Ministry of Petroleum and Energy.

Ohio Supreme Court rules against municipality in oil and gas case

Feb 23, 2015

The Ohio Supreme Court ruled that the city of Munroe Falls cannot impose local drilling and zoning ordinances that conflict with Ohio state law regarding oil and natural gas activities. The high court split in a 4-3 decision with three justices providing written dissents.

Derailed West Virginia oil train carried Bakken crude

Feb 23, 2015

A large-scale cleanup and investigation have launched following the Feb. 16 derailment of a CSX crude oil train near Mount Carbon, W.Va.

BLM decision clears way for first NPRA federal oil production

Feb 23, 2015

The US Bureau of Land Management issued a record of decision (ROD) for the proposed Greater Mooses Tooth One project (GMT1), which cleared the way for the first crude oil production from federal land within the 23 million-acre National Petroleum Reserve-Alaska.

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