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News Categories: Production News

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Results35 articles shown

ONGC to Invest $863M on Daman Development Project in Arabian Sea
Monday, September 01, 2014 Oil and Natural Gas Corporation will invest $863.2 million on the Daman Development project to boost gas and condensate production at Tapti Daman block in the Arabian Sea.

Sources: UK North Sea Buzzard Oilfield Shuts Again
Monday, September 01, 2014 The UK's Buzzard oilfield stops production again after returning from maintenance last week.

KOGAS Says Starts Commercial Crude Oil Production in Iraq's Badra
Monday, September 01, 2014 Korea Gas Corp starts commercial crude production in Iraq's Badra oilfield as planned, the state-run South Korean company says.

Russia's Lukoil Says 1H Hydrocarbon Production up 3.2% Year-on-Year
Friday, August 29, 2014 Russia's Lukoil says hydrocarbon production during its first half improved by 3.2 percent year-on-year.

Afren Shares Drop after Kurdistan Shutdown Prompts Production Forecast Cut
Friday, August 29, 2014 Independent explorer Afren slashes its full-year production forecast by 20 percent following shutdown of its Kurdistan operations.


  



Brent Falls, US Crude Rises As Global Demand Seen Weak
Thursday, August 28, 2014 Brent crude oil falls and US crude rises as ample global supply and lackluster demand pressure the global benchmark.

Kurdistan's Taza 2 Well Drilling Remains Suspended on Security Concerns
Thursday, August 28, 2014 Oil Search reports that drilling at Taza 2 appraisal well in Kurdistan, Iraq remains suspended due to security situation in the region.

Laggan-Tormore Gas Field Stakeholder Expects Delay To Start Date
Thursday, August 28, 2014 The UK's Laggan-Tormore gas condensate fields in the North Sea will start production next year.

UK Buzzard Oilfield to Resume Oil Exports Thursday
Wednesday, August 27, 2014 The North Sea's Buzzard oilfield is due to resume exports Thursday after a shutdown earlier this week.

Nido Updates on Reserves, Activities at Galoc Oil Field Off the Philippines
Wednesday, August 27, 2014 Nido Petroleum updates on reserves and activities at Galoc oil field in Service Contract 14 C1 offshore the Philippines.

Positive Production Test Results Seen at Stanley-5 Well in PDL 10 in PNG
Wednesday, August 27, 2014 Horizon Oil reports positive production testing results at Stanley-5 development well in permit PDL 10 in Papua New Guinea.

High Gas-Flow Tests Boost BG's Tanzania LNG Plans
Wednesday, August 27, 2014 BG Group says encouraging results from its latest test drill offshore Tanzania increases chances to develop an onshore LNG project in the country.

AWE Deepens Drilling at Senecio-3 in Perth Basin After Elevated Gas Shows
Tuesday, August 26, 2014 AWE drills deeper at Senecio-3 well in Permits L1/2 in Perth Basin, Western Australia after observing elevated gas shows.

First Oil Flows at CNOOC's Wenchang 13-6 Field in South China Sea
Tuesday, August 26, 2014 First production commences at CNOOC's Wenchang 13-6 oil field in the Western South China Sea.

Nexen Says North Sea Buzzard Oilfield Shut Again After Restart
Tuesday, August 26, 2014 Output from Britain's Buzzard oilfield has been stopped again after restarting over the long weekend, its operator Nexen says.

Statoil at ONS: Aasta Hansteen Remains On Track for 3Q 2017
Tuesday, August 26, 2014 Statoil is currently employing 200 people in northern Norway to work on its Aasta Hansteen gas field development, where drilling is set to start in 2016.

Wood Group Kenny Secures Contracts from Petrobras
Tuesday, August 26, 2014 Wood Group Kenny secures two contracts, worth over $2 million, from Petrobras, including one for the pre-salt Lapa field off the south coast of Rio de Janiero.

Discoveries, Acquisitions Boost Pacific Rubiales Oil Resources 45%
Monday, August 25, 2014 Pacific Rubiales says its oil resources estimate from exploration blocks had risen 45% to 6.2 billion barrels of oil equivalent by the end of March versus its 2012 estimate.

Strike to Recommence Production Testing Operations at SA's SCB Gas Project
Monday, August 25, 2014 Strike Energy to recommence production testing operations at the Southern Cooper Basin Gas Project in South Australia next month.

SKKMigas Extends Triangle's Appointment as Aceh's Pase Block Operator
Monday, August 25, 2014 Indonesian upstream petroleum regulator SKKMigas extends Triangle Energy's appointment as operator of the Pase Block in Aceh, north Sumatra by six months.

Hibiscus Clears Australian FIRB's Hurdle to Take 25% Stake in Kitan Field
Friday, August 22, 2014 Hibiscus Petroleum moves nearer to completing its acquisition of a 25 percent stake in Kitan oil field after Australia's Foreign Investment Review Board raised no objections.

Flow-Back Results at Cambay-77H in Gujurat Suggest a High Performance Well
Friday, August 22, 2014 Oilex reports that flow-back results at Cambay-77H well in Cambay production sharing contract in Gujurat, India indicate that it can be a high performance well.

Premier Oil Awaits End Of Summer Work Before Production Upgrade
Thursday, August 21, 2014 Premier Oil may upgrade its 2014 production forecast after better-than-expected output during the first half.

Galoc JV to Decide on Drilling in Phillipines' SC14C in End 2014/Early 2015
Thursday, August 21, 2014 Otto Energy says the Galoc joint venture in SC14C offshore the Philippines will make a decision on further drilling activities in late 2014 or early 2015.

Russia's Gazprom Neft Begins Seaborne Oil Shipments from Arctic Field
Thursday, August 21, 2014 Gazprom Neft starts seaborne shipments of oil to Europe from its Novoportovskoye field in the Arctic.

Leni Drills 5th Well in Trinidad Development Campaign
Thursday, August 21, 2014 Leni Gas & Oil drills the fifth well in its 30-well development campaign at the Goudron field, onshore Trinidad.

Bumi Armada Inks $3B FPSO Contract with Eni for Angola's East Hub Field
Thursday, August 21, 2014 Bumi Armada inks a $3 billion contract with Eni Angola for the chartering, operation and maintenance of a floating production, storage and offloading vessel for the East Hub field in Block 15/06 offshore Angola.

Inpex to Transfer 1.2% Interest in Ichthys LNG Project to Kansai Electric
Wednesday, August 20, 2014 Inpex agrees to transfer 1.2 percent of its equity interest in the Ichthys liquefied natural gas project offshore Western Australia to Kansai Electric Power Co.

Bumi Armada Bags $1.18B FPSO Deal for Madura BD Field Offshore Indonesia
Wednesday, August 20, 2014 Bumi Armada bags $1.18 billion contract from Husky-CNOOC Madura Limited to supply a floating production, storage and offloading vessel for the Madura BD field offshore Madura Island, Indonesia.

Suksan Salamader FSO Receives First Oil at Bualuang Field OffshoreThailand
Tuesday, August 19, 2014 Salamander Energy receives the newly converted Suksan Salamander floating storage and offtake vessel has received first oil at the Bualuang field in the Gulf of Thailand.

Lukoil Ships First Oil from West Qurna-2
Tuesday, August 19, 2014 Russia's Lukoil ships its first batch of oil from its West Qurna-2 project in Iraq.

Interra Completes CHK 1191 Well in Myanmar's Chauk Field as Oil Producer
Tuesday, August 19, 2014 Interra Resources completes development well CHK 1191 in Myanmar's Chauk field as an oil producer.

Capacity Set to Double on Iraqi Kurdistan's Oil Pipeline
Tuesday, August 19, 2014 Kurdistan's independent oil pipeline will see its capacity almost double to at least 200,000 barrels per day once upgrade work is finished, according to industry sources and officials.

AWE Provides Update on Drilling at Senecio-3 Well in Perth Basin
Tuesday, August 19, 2014 AWE provides update on drilling at the Senecio-3 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.

Darwin Marine Supply Base in Australia's NT Officially Opened
Tuesday, August 19, 2014 ASCO reports that the Darwin Marine Supply Base in Darwin, Northern Territory, Australia has been officially opened by the state's chief minister.