News Categories: Production News
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Salamander Updates on Operations at Bualuang Oil Field in Block B8/38
Thursday, December 12, 2013 Salamander Energy provides an update on drilling, development and production operations at Bualuang oil field in B8/38 concession in the Gulf of Thailand.
Green Dragon Signs MOU with PetroChina over CBM Blocks
Thursday, December 12, 2013 Coal-bed methane firm Green Dragon Gas signs a memorandum of understanding with PetroChina concerning CBM blocks in China.
Chevron Sees Cost Jump at Australia Gorgon LNG Project
Thursday, December 12, 2013 Chevron Corp raises the cost of its giant Gorgon liquefied natural gas project in Australia by $2 billion, the second increase in just over a year to take the total cost to $54 billion.
ICON Clinches Contract for Halk el Menzel Field in the Gulf of Hammamet
Wednesday, December 11, 2013 ICON Engineering clinched a wellhead platform design and installation contract for the Halk el Menzel field in the Gulf of Hammamet, Tunisia.
Magnolia Reports Jake Wells Boost
Wednesday, December 11, 2013 Four Jake wells add 156 barrels of oil equivalent per day to Magnolia Petroleum's production.
FPSO Perisai Kamelia Begins Production at North Malay Basin Gas Project
Wednesday, December 11, 2013 EOC reports that floating production, storage and offloading vessel Perisai Kamelia commences gas production at the North Malay Basin in Malaysia.
AAG Gets Preliminary Approval to Develop Mabi CBM Project in Shanxi
Wednesday, December 11, 2013 AAG Energy obtains preliminary approval for its overall development plan for the Mabi coalbed methane project in Shanxi province, China.
Encana to Grow Natural Gas Liquids Production by 30%
Wednesday, December 11, 2013 Canada's Encanca Corp plans to increase natural gas liquids production by 30 percent in 2014.
CEPSA Sells Stake in Colombia Pipeline
Wednesday, December 11, 2013 Spain's CEPSA agrees to sell its share in the OCENSA oil pipeline in Colombia.
EIA Sees 2014 US Natgas Output Up From 2013 Record High
Tuesday, December 10, 2013 The EIA raises its estimate for domestic natural gas production in 2014, expecting output next year to be up 1.4% from 2013's estimated record-high levels.
Total Prepares to Remove Rig from Tunu Gas Field in Mahakam Block
Tuesday, December 10, 2013 Total prepares to remove rig in the offshore Mahakam Block in East Kalimantan, Indonesia after gas was released at a development well in the Tunu field.
PTSC M&C Clinches EPCIC Contract for Su Tu Nau Project in Block 15-1
Tuesday, December 10, 2013 PTSC M&C clinches an engineering, procurement, construction, installation and commissioning contract from the Cuu Long Joint Operating Company for the Su Tu Nau development in Block 15-1 off Vietnam.
Interra Commences Drilling at YNG 3262 Well in Yenangyung Oil Field
Monday, December 09, 2013 Interra Resources commences drilling at YNG 3262 development well in the Yenangyaung oil field in Myanmar.
AWE Completes Purchase of Additional Interest in Tui Project in PMP 38158
Monday, December 09, 2013 AWE Limited completes acquisition of additional interest in the Tui Area Oil Project in Petroleum Mining Permit 38158 off New Zealand.
Wood Group Signs Production Buoy Agreement
Monday, December 09, 2013 Wood Group PSN is set to play a greater role in developing an unmanned production buoy concept that is designed to commercialize marginal fields.
OMV Boosts Gas Production in Pakistan
Friday, December 06, 2013 Two successful field developments in Pakistan mean that Austria's OMV is successfully boosting its gas production in the country.
Eni CEO Says Unlikely Kashagan Re-Start Delayed To 2015
Friday, December 06, 2013 Eni CEO says oil production from Kazakhstan’s Kashagan field is unlikely to be delayed to 2015.
Sources: Chevron's $6.4B China Gas Project Pushed Back Again
Friday, December 06, 2013 A $6.4 billion gas project being built by Chevron in China is facing further delays due to disagreements with partner PetroChina over how to develop the technically tricky fields, three industry sources say.
ENSCO 104 Continues Work at Blackwood-2 Well in Permit NT/P68
Friday, December 06, 2013 MEO Australia discloses that the jackup ENSCO 104 continues work at the Blackwood-2 appraisal well in Permit NT/P68 offshore Australia's Northern Territory.
Paper: Russia's Lukoil in Talks with Oil Majors on Venezuela Stake
Friday, December 06, 2013 Russia's No. 2 oil producer, Lukoil, has been in talks with international majors about selling its stake in a consortium developing a large oil project in Venezuela, Kommersant daily reports, citing sources.
VIC/P57 JV Receives Production License for West Seahorse Oil Field
Friday, December 06, 2013 The National Offshore Petroleum Titles Administrator of Australia awards the VIC/P57 joint venture a production license over the West Seahorse oil field in Australia's Gippsland Basin.
EIA: Texas Crude Oil Production Hits Monthly Record in September
Thursday, December 05, 2013 Texas crude oil average daily production figures hit a monthly record in September, the EIA says.
Galoc Phase II Oil Development in SC14C Commences First Production
Thursday, December 05, 2013 Otto Energy announces that first oil commences from Galoc Phase II development in Service Contract 14C in the Palawan Basin, Philippines.
Interra Completes CHK 1176 Well in Chauk Oil Field as an Oil Producer
Thursday, December 05, 2013 Interra Resources completes development well CHK 1176 in the Chauk oil field in Myanmar as an oil producer.
Oil Producers Cut Back Some North Sea Output Due To Storm
Thursday, December 05, 2013 North Sea oil and gas producers have cut some production and moved staff from a limited number of platforms to shore because of a major storm, the companies say.
Exec: Marathon Petroleum's Utica Pipeline Could Spur More Projects
Wednesday, December 04, 2013 Marathon Petroleum's planned 50-mile pipeline in Ohio's Utica shale play could lead to other projects to move condensate further west or into Canada, an executive told analysts.
NZEC, L&M Reactivate Oil Production from TWN Licenses in Taranaki Basin
Wednesday, December 04, 2013 New Zealand Energy Corp. and L&M Energy reactivate oil production from six wells in the Tariki, Waihapa and Ngaera licenses in New Zealand's Taranaki Basin.
Santos Sees 2014 Production Driven by PNG LNG Start-Up
Wednesday, December 04, 2013 Santos discloses that the company's 2014 production is projected to reach 52 to 57 million barrels of oil equivalent, driven by start-up of the Papua New Guinea liquefied natural gas project in 2Q 2014.
Wood Group Mustang Secures FEED for Hess' Stampede TLP
Tuesday, December 03, 2013 Wood Group Mustang secures a contract to provide front-end engineering design (FEED) services for Hess' Stampede tension leg platform (TLP) in the Gulf of Mexico.
Bohai VIII Spuds Koi-2 Well in Salawati Kepala Burung PSC off West Papua
Tuesday, December 03, 2013 RH Petrogas announces that drilling has commenced at Koi-2 appraisal well in the Salawati Kepala Burung Production Sharing Contract in West Papua, Indonesia.
Shell Floats Hull for Prelude FLNG Vessel
Tuesday, December 03, 2013 Shell says that the 1,600-foot hull for the Prelude FLNG vessel, the world's largest floating facility, has been floated out of a dry dock in Korea.
Iran, Iraq Put OPEC On Notice Of Big Oil Increases
Tuesday, December 03, 2013 Iran and Iraq put OPEC on notice of substantial oil output increases to come, saying others in the producer cartel will need to give way to make room for them.
Sources: Caspian Pipeline Eyes Kashagan Oil Next May-June
Monday, December 02, 2013 Caspian Pipeline Consortium expects to receive oil from the giant Kashagan oilfield next summer.
PTTEP, Pertamina to Jointly Acquire Hess' Indonesian Assets for $1.3B
Monday, December 02, 2013 Subsidiaries of PTTEP and Pertamina sign share purchase agreements to jointly acquire Hess' upstream assets in Indonesia for $1.3 billion.
Statoil to Land Johan Sverdrup Oil at Mongstad
Monday, December 02, 2013 Statoil says the partners in the Johan Sverdrup development have decided to land its oil at the Mongstad terminal north of Bergen, Norway.
Rosneft, Foreign-Led Firms Boost Russian Oil Output to Post-Soviet Record
Monday, December 02, 2013 Rosneft boosts Russian oil output to post-Soviet record with the help of foreign-led companies.
Exillon Saw Steady Production Increase in November
Monday, December 02, 2013 November sees Russia-focused Exillon improve its production to an average 17,652 barrels per day.
Pertamina Completes Agreement to Acquire 10% Stake in West Qurna I
Monday, December 02, 2013 Pertamina completes an agreement with ExxonMobil to acquire a 10 percent stake in West Qurna I block in Iraq.
Ocean General Continues Work at CRD-3X Well in Block 07/03 off Vietnam
Friday, November 29, 2013 Pan Pacific Petroleum discloses that the Ocean General semisub is continuing work at the CRD-3X well in Block 07/03 Production Sharing Contract in Vietnam's Nam Con Son Basin.
Galoc Phase II Project to Commence Oil Production in Early December
Friday, November 29, 2013 Nido Petroleum reports that Galoc Phase II development is expected to commence production in early December.