News Categories: Production News
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Premier Oil Awaits End of Summer Work before Production Upgrade
Thursday, August 21, 2014 UK independent 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.
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.
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.
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.
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.
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.
Total: UK's Elgin Gas Field to Restart Production Later on Monday
Monday, August 18, 2014 The UK's Elgin gas condensate field in the North Sea will restarted production later on Monday, says Total.
Hibiscus' CHPL Exercise Option to Acquire Permit VIC/L31 in Gippsland Basin
Monday, August 18, 2014 Hibiscus Petroleum's unit Carnarvon Hibiscus exercises option to acquire the remaining interest in permit VIC/L31 in the Gippsland Basin off Victoria, Australia from 3D Oil for $14.05 million.
Cooper Energy Gives Resource Estimate at Basker, Manta Fields Off Gippsland
Monday, August 18, 2014 Cooper Energy assesses that its net contingent resource in the Basker and Manta fields in permits VIC/L26, VIC/L27 and VIC/L28 in Australia's Gippsland Basin at 10.8 million barrels of oil equivalent.
Interra Completes L 142 Well in Myanmar's Chauk Field as Oil Producer
Friday, August 15, 2014 Interra Resources completes development well L 142 in the Chauk oil field in Myanmar as an oil producer.
3Legs Starts Flow Test at Polish Well
Friday, August 15, 2014 3Legs Resources begins a long-term flow test on its Lublewo L LEP-1ST1H lateral well following a multi-stage frack.
CNOOC Takes Delivery of FPSO Hai Yang Shi You 118 from DSIC
Friday, August 15, 2014 CNOOC takes delivery of a floating production, storage and offloading vessel from Dalian Shipbuilding Industry Corp.
Iraqi Kurdistan's Largest-Producing Oilfield Working To Boost Output
Friday, August 15, 2014 Oil production at Iraqi Kurdistan's largest-producing oilfield is set to rise to as much as 14,000 barrels per day by the end of the month.
Ukrainian Parliament Backs Bill To Open Gas Pipelines To EU, US Firms
Thursday, August 14, 2014 Ukraine approves a law to allow gas transit facilities to be leased on a joint venture basis with participation of firms from the EU and the US.
Source: Petrovietnam Eyes Stake in Murphy Oil's Malaysian Assets
Thursday, August 14, 2014 Petrovietnam has bid for a stake in Murphy Oil's Malaysian oil and gas assets, challenging other suitors including Mitsubishi and Indian state oil companies, a person with direct knowledge of the plan says.
CNPC Asks Chad to Drop $1.2B Claim Over Oil Dumping
Thursday, August 14, 2014 China National Petroleum Corporation denies breaking environmental rules in Chad's oil sector and called on the government to cancel its $1.2 billion claim filed before an arbitration court in Paris.
Commercial Production Commences at Zarghun South Gas Field in Pakistan
Thursday, August 14, 2014 Jura Energy reports that commercial production commenced at Zarghun South gas field in the Zarghun South Block in Pakistan's Balochistan province.
Fire at PetroChina Northwest Oilfield Put Out
Wednesday, August 13, 2014 A fire broke out at a PetroChina oilfield in northwest China but the blaze was put out and no casualties were reported, industry officials say.
INTECSEA Clinches Subsea FEED Deal for Culzean Project in North Sea
Wednesday, August 13, 2014 INTECSEA clinches the subsea front-end engineering and design contract for Maersk Oil UK's Culzean project in the North Sea.
Inpex Receives Environmental Permit for Abadi LNG Project in Masela Block
Tuesday, August 12, 2014 Inpex receives environmental permit from the government for the Abadi liquefied natural gas project in the Masela Block, Arafura Sea, Indonesia.
AWE May Commence Approval Process for Senecio Project in Western Australia
Tuesday, August 12, 2014 AWE discloses that positive drilling results at Senecio-3 well in permits L1/L2 in Western Australia's Perth Basin may lead to commencement of the approval process for the development of Senecio unconventional gas field.
Oil Production In Permian Causes Pipeline Bottleneck In Texas
Tuesday, August 12, 2014 Oil production from the burgeoning Permian Basin of West Texas is outpacing pipelines' ability to transport oil to the Gulf Coast, causing coastal refiners to pay an additional premium to acquire oil.
EIA Sees US 2014 Natgas Output Up 5.3% From 2013's Record
Tuesday, August 12, 2014 The EIA raises its estimate for US natural gas production in 2014 to 5.3% over 2013's record high levels.
Ukraine Promises Smooth Russian Gas Transit to Europe
Monday, August 11, 2014 Ukraine's Naftogaz will continue uninterrupted pumping of Russian gas exports to Europe through its territory even if Ukraine imposes its own sanctions on Russia.
Conoco Plans 4-5 Week Turnaround At Surmont Oil Sands In 3Q
Monday, August 11, 2014 Production at ConocoPhillips' Surmont oil sands project will shut down during a four to five week turnaround, with 30,000 barrels per day going offline, a company spokeswoman says.
Brazil's Petrobras Says To Meet 2014 Output Goal, Slash Fuel Imports
Monday, August 11, 2014 Petrobras reaffirms its forecast for a 7.5% increase in Brazilian oil output in 2014, challenging growing concern the company will extend a decade of failure in meeting production targets.
OPEC Sees Lower 2014 Oil Demand Growth, Pumps More
Friday, August 08, 2014 OPEC trims its 2014 global oil demand growth forecast for a second consecutive month and says it managed to increase output in July despite violence in Iraq and Libya.