More Oil & Gas Exploration and Development News

Nelson-Farrar monthly cost indexes

Dec 1, 2014

US-African energy moves

Dec 1, 2014

Getting electricity to more Africans is a top priority at the US Department of State's Bureau of Energy Resources (ENR), an official told a House Foreign Affairs Committee subcommittee on Nov. 14.

OGJ Newsletter

Dec 1, 2014

International news for oil and gas professionals

Global reserves, oil production show increases for 2014

Dec 1, 2014

Oil & Gas Journal's annual look at worldwide proved reserves shows increases compared with a year ago. Reserves estimates for crude oil and lease condensate now total 1.656 trillion bbl, up from 1.647 trillion bbl reported in last year's survey (OGJ, Dec. 2, 2013, p. 30).

Geomicrobial survey results follow drilling success

Nov 30, 2014

The Oriente basin of Ecuador is one of the most productive of the South American Sub-Andean basins. Cumulative production of oil at the end of 2011 was close to 3 billion bbl, and current production stands at 530,000 b/d.

NOIA, API studies list benefits of more federal OCS leasing

Nov 30, 2014

Offshore oil and gas leasing in the eastern Gulf of Mexico and on the US Atlantic and Pacific coasts could create more than 838,000 American jobs and raise more than $200 billion in revenue for the government, according to recent studies released jointly by the National Ocean Industries Association and the American Petroleum Institute.

Woodside enters license offshore Morocco

Nov 26, 2014

Woodside Petroleum Ltd. has secured another area offshore Morocco by taking up a reconnaissance license with the country’s national oil company over an ultradeepwater block adjacent to permits it farmed into with Chariot Oil & Gas in July.

Karoon scores with Kangaroo-2

Nov 26, 2014

Karoon Gas Australia Ltd., Melbourne, has found multiple oil-bearing reservoirs in its Kangaroo-2 appraisal well in the Santos basin offshore Brazil.

Gazprom, PetroVietnam sign agreement for two fields in Russia

Nov 26, 2014

OAO Gazprom and PetroVietnam on Nov. 25 signed a framework agreement for the joint development of two fields in Russia.

 

NEB raises oil, gas resource estimates for Northwest Territories

Nov 25, 2014

Canada’s National Energy Board (NEB) on Nov. 25 released its “Assessment of Discovered Conventional Petroleum Resources in the Northwest Territories and Beaufort Sea,” revealing that the overall resource evaluation for the Northwest Territories (NWT) is thought to be larger than previously estimated.

TransAtlantic completes Dadas interval in southeast Turkey

Nov 25, 2014

TransAtlantic Petroleum Ltd., Dallas, says it successfully completed the Dadas interval at a vertical depth of 9,650 ft in the Molla area of southeast Turkey.

TAG Oil hits oil, gas-bearing sands in Taranaki basin

Nov 25, 2014

The Cheal-E-JV-6 step-out well operated by Tag Oil Ltd., Vancouver, BC, intersected more than 9 m of net oil and gas-bearing sands in the Mt. Messenger formation, satisfying the well’s main objective.

Moody’s: E&P spending to dip as crude oil prices slide

Nov 25, 2014

Weakening crude oil prices will cut exploration and production spending by independent producers in the US next year and make integrated oil and gas companies wary of upstream projects dependent on a price of $80/bbl, according to Moody’s Investors Service.

Beach Energy JV adds to western flank discoveries

Nov 25, 2014

Beach Energy Ltd., Adelaide, has continued its successful run in the western flank region of the Cooper-Eromanga basins in South Australia.

New South Wales legislation extinguishes license applications

Nov 25, 2014

Legislation to extinguish 16 petroleum exploration licence applications in New South Wales has been passed by the state parliament.

Market Connection

mac-weld machinery

MAC-WELD Machining Ltd.

MAC-WELD Machining Ltd. Thermowells, Instrument Valves, Level Chambers, Orifice Plates, Bleed/Flush Rings. Over 35 years of instrumentation hardwa...
Coker Unit For Sale: Unused equipment from cancelled Coker Project for Sale, stored US Gulf Coast. Accessible to water transport. Rating: Feed rate 45,000 BPD, Production: 2,500 short tons per day. Two drums 29’diameter each, chrome steel, stainless lined. Fractionator is 16’ dia x 110’ partially stainless lined. Additional Oil Refinery Process Units Available: Crude Units, Hydrotreaters, Sulfur Recovery Units, Visbreaker Hydrogen plants and twonew  coke drums, unused, stored west coast. Contact: carlvalentino21@gmail.com , 832.723.7545

Coker Unit For Sale

Coker Unit For Sale: Unused equipment from cancelled Coker Project for Sale, stored US Gulf Coast. Accessible to water transport. Rating: Feed rate...
process units at aruba

FOR SALE:Process Units at Aruba

Coker Unit For Sale: Unused equipment from cancelled Coker Project for Sale, stored US Gulf Coast. Accessible to water transport. Rating: Feed rate...
sulphur recovery unit

FOR SALE: Sulphur Recovery Unit

For Sale: Sulphur Recovery Unit F/E 3,074 sf ea. 2,130 psi shell, 347ss 1,955 psi tubes, 321 ss, UNUSED $300,000 each, SRU 48TPD w/Tail Gas Treater...
Proco

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...
Stay Connected