More Production Operations News

Apache produces 1 million bbl from wells in Egypt’s Western Desert

Mar 31, 2015

Five producing wells in Egypt’s Western Desert operated by Khalda Petroleum Co., a joint-venture between Apache Corp. and Egyptian General Petroleum Corp. (EGPC), have produced 1 million bbl of oil since November.

Analyst: Cost key variable in crude-price scenarios

Mar 31, 2015

With Saudi Arabia reluctant to cut production, crude oil prices over the next decade depend greatly on producers’ costs, says a veteran observer of oil markets and the Middle East.

Rex Energy enters Moraine East drilling JV

Mar 31, 2015

Rex Energy Corp., State College, Pa., has entered a joint venture agreement with an affiliate of ArcLight Capital Partners LLC for the joint development of 32 wells in western Pennsylvania.

DNO suspends oil production in Yemen

Mar 31, 2015

Security problems have forced DNO ASA, Oslo, to suspend production in Yemen.

NEB sees growth in bitumen production through 2018

Mar 31, 2015

Despite budget cuts for oil sands projects, Canada’s National Energy Board reports the potential of an additional 1 million b/d through 2018. Current bitumen production is less than 2.5 million b/d.

Chevron Canada applies with AER for 32 wells in Fox Creek area

Mar 30, 2015

Chevron Canada Resources has filed an application with Alberta Energy Regulator to drill 32 wells in the Duvernay formation in the Fox Creek area.

EIA: US oil output growth in 2014 largest in more than 100 years

Mar 30, 2015

US crude oil production, including lease condensate, increased during 2014 by 1.2 million b/d to 8.7 million b/d, the largest rise in volume since recordkeeping began in 1900, according to data from the US Energy Information Administration.

ExxonMobil starts production from Hadrian South in deepwater gulf

Mar 30, 2015

ExxonMobil Corp. has started production in the deepwater Gulf of Mexico from Hadrian South field, where gross output will reach 300 MMcfd of gas and 3,000 b/d of liquids.

Total's Donges refinery due 10-week shutdown, overhaul

Mar 30, 2015

Total SA is planning a nearly 2-month shutdown of its 220,000-b/d Donges refinery near Saint Nazaire, France, on the Loire estuary, for a complete modernization and maintenance overhaul designed to improve the plant's profitability as well as its environmental footprint.

Barclays: New fracturing regs will have limited effect on US oil, gas output

Mar 30, 2015

A recent US rule about hydraulic fracturing on federal and tribal lands will have limited effect on existing US oil and natural gas production, said a Barclays Research analyst in New York.

BHI: US rig count plunges in 15th straight week

Mar 30, 2015

The US drilling rig count fell 56 units-41 of which targeted oil-to settle at 1,069 rigs working during the week ended Mar. 20, capping off the 15th consecutive week in declines, according to data from Baker Hughes Inc.

DOI issues final rule for fracing on public, tribal lands

Mar 30, 2015

The US Department of the Interior has issued a long-anticipated final rule to govern hydraulic fracturing of onshore oil and gas wells on public and tribal lands.

Financial reporting's elements

Mar 30, 2015

Oil and gas companies are currently preparing their 2014 yearend financial statements that will showcase their operating results to shareholders.

OGJ Newsletter

Mar 30, 2015

International news for oil and gas professionals

Delayed West Ells SAGD project to start up this summer

Mar 27, 2015

Full first steam from the West Ells thermal oil sands project in the Athabasca region of Alberta is slated to commence in late June, with production launch in September.

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