More Production Operations News

Osum to purchase Orion project from Shell for $325 million (Can.)

Jun 11, 2014

Osum Oil Sands Corp., Calgary, plans to purchase the Orion oil sands project in Alberta from Shell Canada for $325 million (Can.).

EIA: US oil production in 2015 expected to be highest since 1972

Jun 10, 2014

Total US crude oil production in 2015 will reach its highest level since 1972, the US Energy Information Administration forecasts in its Short-Term Energy Outlook (STEO) released June 10. Production, which averaged 7.4 million b/d in 2013, is expected to average 8.4 million b/d in 2014 and 9.3 million b/d in 2015.

CAPP eases outlook for Canadian oil output

Jun 10, 2014

Oil production in Canada will increase at an average rate of 175,000 b/d/year through 2030—but not to as high a level as was forecast a year ago, reports the Canadian Association of Petroleum Producers.

Halcon boosts Tuscaloosa Marine shale work

Jun 9, 2014

Halcon Resources Corp., Houston, plans this year to spud 10-12 operated wells in the Tuscaloosa Marine shale (TMS) and to participate in 15-20 other wells in the play. To support the work, it has signed a definitive agreement with affiliates of Apollo Global Management LLC (AGM), New York, for investment of as much as $400 million.

EIA: Light, sweet crude from tight formations source of US oil production increases

Jun 6, 2014

About 96% of the 1.8-million b/d growth in US production during 2011-13 consisted of light, sweet crude grades with API gravity of 40° or higher and sulfur content of 0.3% or less, the US Energy Information Administration reported on June 6.

Baker Hughes: US drilling rig count decreases to 1,860

Jun 6, 2014

The US drilling rig count dropped 6 units to 1,860 rigs working during the week ended June 6, Baker Hughes Inc. reported.

Summail gas field starts flow in Kurdistan

Jun 5, 2014

DNO International ASA, Oslo, has started production of natural gas from Summail field in Kurdistan, northern Iraq.

API: Industry made strides in offshore safety since Macondo

Jun 5, 2014

The American Petroleum Institute asked the US Chemical Safety Board to consider what API calls industry’s progress on offshore safety since the Apr. 20, 2010, deepwater Macondo well blowout and massive oil spill in the Gulf of Mexico.

Construction begins on Uintah basin crude upgrader

Jun 5, 2014

FUELogistics Inc. has started construction on an oil upgrader in Duchesne, Utah, specifically designed to process waxy crude sourced from the state’s Uintah basin.

CSB reports unrecognized pipe buckling contributed to Macondo oil spill

Jun 5, 2014

An incident similar to the 2010 deepwater Macondo well blowout and resulting oil spill still could occur, the US Chemical Safety Board reported June 5 in releasing its investigation findings into the 2010 incident.

Statoil adds compressors to Troll A platform

Jun 5, 2014

Statoil ASA has lifted two 6,000-tonne compressors aboard its Troll A platform in the Norwegian North Sea. The company says the compressors will boost recovery from Troll by more than 83 billion standard cu m of gas once they are running next year.

BP lets engineering, project management contract for Shah Deniz 2

Jun 3, 2014

BP Azerbaijan has let a £36 million call-off contract to Wood Group Kenny (WGK) covering engineering and project management services for the Shah Deniz 2 subsea execute phase.  

Gazprom Neft begins oil production at Badra field in Iraq

Jun 2, 2014

JSC Gazprom Neft says it began oil production May 31 at the Badra field in eastern Iraq.

Essential skills for successful project management

Jun 2, 2014

Successful project managers rely on a collection of essential skills.

Baker Hughes: US drilling rig count rises to 1,866

May 30, 2014

The US drilling rig count gained 9 units to reach 1,866 rigs working during the week ended May 30, Baker Hughes Inc. reported.

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Proco Products: Your Expansion Joint Source for Mud Tanks, Frac Tanks, Shale Shakers

Proco Products, Inc. is a global leader in the design and supply of piping/ducting system expansion joints and rubber check valves. We offer the mo...
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Refinery Units and Equipment for Sale (PA)

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Offshore Middle East Conference & Exhibition

January 26, 2015
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