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WPX gauges Piceance horizontal Niobrara gas find

Jan 23, 2013

WPX Energy Inc., Tulsa, has revealed a horizontal Niobrara shale gas discovery in the Piceance basin of Colorado that the company said has the potential to ultimately more than double its current 18 tcf equivalent of proved, probable, and possible reserves.

Gulfport sees high liquids yields at Ohio Utica shale wells

Jan 23, 2013

Gulfport Energy Corp., Oklahoma City, reported production test results on two operated Utica shale wells in eastern Ohio.

Continental nearly doubles Bakken reserves

Jan 23, 2013

Continental Resources Inc., Oklahoma City, the top producer and leaseholder in the Williston basin Bakken play, said it increased its end-2012 proved reserves 54% to 785 million bbl of oil equivalent, 72% oil.

Magnum Hunter plans at least four Utica test wells in Ohio

Jan 22, 2013

Magnum Hunter Resources Corp. said it intends to drill a minimum of four Utica test wells in Ohio this year. If results are similar to those experienced by offset operators in the area, then further development on the leasehold position is planned later in the year.

EIA forecasts loose global oil market through 2014

Jan 21, 2013

In its latest Short-Term Energy Outlook, issued Jan. 8, the US Energy Information Administration forecasts a fairly loose oil market in the next 2 years, as higher global consumption will be more than offset by increasing global supply. Also, this STEO is the first to include monthly forecasts for 2014, EIA reported.

US FWS proposes listing Gunnison sage grouse as endangered

Jan 21, 2013

The US Fish and Wildlife Service (FWS) proposed listing the Gunnison sage grouse as an endangered species. The bird's habitat in western Colorado and eastern Utah is similar to that of the greater sage grouse, and includes areas with high oil and gas potential, FWS said in its Jan. 11 Federal Register notice.

Apache would replace diesel with gas on frac jobs

Jan 21, 2013

Apache Corp., Houston, said it has partnered with Halliburton and Schlumberger to find ways to use natural gas to power hydraulic fracturing, one of the most energy-intensive processes employed by the industry.

Sunshine Oilsands advancing SAGD projects

Jan 17, 2013

Sunshine Oilsands Ltd., Calgary, has approved a budget for 2013 that includes the drilling of 16 well-pairs at its West Ells project and preliminary work at its Thickwood and Legend Lake areas, all in the Athabasca oil sands region of Alberta and targeted for development with steam-assisted gravity drainage.

West Qurna-2 field output target lowered

Jan 17, 2013

Lukoil and two state oil companies have lowered the contractual target for crude oil output from West Qurna-2 oil field in Iraq by one-third.

Petrocarabobo heavy oil well starts flow

Jan 17, 2013

Production of extra heavy crude oil began late in December from the first well operated by the Petrocarabobo joint venture in the Orinoco oil belt of Venezuela.

Southeastern Turkey trends under exploration

Jan 16, 2013

Calik Enerji has spudded Giremir-1, initial exploratory well on the Sinan license in southeastern Turkey, said Anatolia Energy Corp., Calgary.

Islamist militants attack In Amenas gas facility, seize hostages

Jan 16, 2013

Islamist militants attacked the In Amenas gas production facility Jan. 16 in eastern Algeria near the Libyan border and were said to have seized an “undetermined” number of hostages, according to various news reports.

North Sea Cormorant platform incident shuts down Brent pipeline system

Jan 16, 2013

Abu Dhabi National Energy Co. (TAQA) shut down Cormorant Alpha platform in the northern UK North Sea and the Brent System pipeline infrastructure extending through the platform as a precaution following a hydrocarbon release into one platform leg.

TNK-BP sees Verknechonskoye plateau in 2014

Jan 15, 2013

TNK-BP will focus development work at supergiant Verkhnechonskoye oil and condensate field in the northern Irkutsk region of Russia on expanding capacity of the oil treatment unit to 7.5 million tonnes/year and building a third train of the power park and other infrastructure.

Zapolyarnoye output reaches capacity rate

Jan 15, 2013

Supergiant Zapolyarnoye natural gas and condensate field has reached its design capacity output of 130 billion cu m/year to become Russia’s most prolific gas field, reports Gazprom, parent of operator Gazprom Dobycha Yamburg.

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Oil & Gas Conferences

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Event Title Date Type

Oil Sands and Heavy Oil Technologies

July 23, 2013

AIPN Internation Conference

October 21, 2013

Deep Offshore Technology International

October 22, 2013

PetroWorld India

October 24, 2013

Deepwater Operations Conference & Exhibition

November 05, 2013