News Categories: Production News
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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Drilling Commences at TMT-58 Development Well in Sumatra
Thursday, November 28, 2013 Singapore-listed Interra Resources commenced drilling at TMT-58 development well in the Tanjung Miring Timur oil field in South Sumatra, Indonesia.
Indonesia Gives Chevron Oil Contract in Sumatra to Pertamina
Thursday, November 28, 2013 Indonesia's energy ministry will not renew Chevron Corp's oil contract at a small oilfield in Sumatra and will hand over management to state-owned oil firm Pertamina, industry officials say.
Exxon to Sign Over Part of Iraq Oilfield Stake to Petrochina
Thursday, November 28, 2013 ExxonMobil will hand over a 25 percent stake in Iraq's West Qurna-1 oilfield project to PetroChina, Iraq's deputy prime minister for energy says.
Interra Ends Drilling at TMT-57 Well in Tanjung Miring Timur Oil Field
Thursday, November 28, 2013 Interra Resources' unit Goldwater TMT completes development well TMT-57 at the Tanjung Miring Timur field in South Sumatra, Indonesia as an oil producer.
Madagascar Oil Sees Crude Sales as Early as Next Year
Wednesday, November 27, 2013 Madagascar Oil, which began producing oil in May for its own steam generators, aims to have a plan approved next year to allow it to begin the country's first commercial sales, its chief operating officer says.
Jacobs Bags Contract for Concept Study, Pre-FEED Work for QCLNG Project
Wednesday, November 27, 2013 Jacobs Engineering bags a contract from QGC to perform concept study and pre-front end engineering and design work for the Queensland Curtis liquefied natural gas project in Australia.
Baker Hughes Begins To Resume Iraq Oilfield Operations
Monday, November 25, 2013 Baker Hughes Inc is preparing to resume operations in Iraq after protests prompted it to stop work at the Rumaila field.
Straits Times: Singapore Keen to Import Shale Gas from US
Friday, November 22, 2013 Singapore is interested in importing shale gas from the US, according to its foreign affairs minister.
Statoil Delays UK Field Development Worth up to $7B
Friday, November 22, 2013 Norway's Statoil delays the development of its Bressay heavy oil field in the UK North Sea in order to simplify the project and reduce costs.
Wood Mackenzie: China Winter Gas Shortages to Last through 2020
Friday, November 22, 2013 China is likely to see natural gas shortages every winter until the end of the decade as domestic production fails to keep up with demand.