News Topics: Field Development

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Husky Says Indonesia's Madura Strait Projects to Start Production in 2017
Wednesday, July 29, 2015 Husky Energy says first production from the Madura Strait gas projects offshore Indonesia is targeted for 2017.

Galp Produces Solid Results for 2Q 2015
Monday, July 27, 2015 Portugal's Galp Energia produces 'another solid upstream result' according to analysts who follow the firm.

POGC Commences Pipelay for Phases 20, 21 of the South Pars Gas Project
Thursday, July 23, 2015 Iran's Pars Oil and Gas Company commences pipelay work for Phases 20 and 21 of the South Pars gas project, located on the Iranian border with Qatar in the Persian Gulf.

ConocoPhillips Halts Shale Gas Talks With CNPC for Sichuan Field
Wednesday, July 22, 2015 ConocoPhillips ends talks with China National Petroleum Corp. on a shale gas development in the country after a two-year study.

Exillon Energy's Production Output Declines
Wednesday, July 22, 2015 Exillon Energy, which holds assets in two oil-rich regions of Russia, reveals that its average daily production figures are declining.

Wressle-1 Well Test Exceeds Expectations
Tuesday, July 21, 2015 Europa Oil & Gas reports that an ongoing extended well test on the Wressle-1 oil and gas well in east Lincolnshire, UK, is producing hydrocarbons at more than 180 barrels per day.

Central Reveals Petroleum Reserves Estimates for Palm Valley, Dingo Fields
Tuesday, July 21, 2015 Central Petroleum reveals latest petroleum reserves estimates for the Palm Valley and Dingo Fields in Australia's Northern Territory.

India's Cambay Field JV Plans to Improve Operational Efficiencies
Tuesday, July 21, 2015 Oilex says joint venture partners in the Cambay field in Gujarat, India is considering some operational efficiencies.

San Leon Energy Drops Polish Licenses to Cut Costs
Tuesday, July 21, 2015 San Leon Energy removes a number of Polish licenses from its portfolio, in order to reduce costs.

AWE Trims Yolla Field Reserves in Australia's Bass Strait
Monday, July 20, 2015 AWE reduces reserves at Yolla field in the Bass Strait, offshore Australia and updates on drilling at Waitsia-2 appraisal well in Permits L1/L2 in the Perth Basin, Western Australia.

Cluff Makes 'Progress' with North Sea Gas, Coal Gasification Assets
Monday, July 20, 2015 Cluff Natural Resources is making 'significant progress' in accelerating the development of its southern North Sea gas and underground coal gasification assets in the UK.

Angola Requests Bids for 10 Onshore Oil Blocks
Monday, July 20, 2015 Sonangol requests prequalified bidders to submit bids for 10 onshore oil blocks, as Africa's second largest crude exporter aims to open up new exploration opportunities.

Tullow Expects Gas Exports from Jubilee Field to Resume by Mid-August
Monday, July 20, 2015 Tullow Oil reports that gas exports from its Jubilee field, offshore Ghana, will resume by mid-August after technical issues with gas compression systems on the field's FPSO vessel.

The Mighty Bakken Bites Back
Friday, July 17, 2015 Despite widespread declines in rig counts, Bakken play producing more hydrocarbons that ever.

Cooper Energy Says Subsea Gas Development Suited for Victoria's Manta Field
Thursday, July 16, 2015 Cooper Energy says the Basker Manta Gummy joint venture believes that a subsea gas development is the preferred option to develop the Manta gas resource offshore Victoria, Australia.

Ithaca Confirms 12,000-Barrel per Day Target for 2015
Thursday, July 16, 2015 An operations update from Ithaca Energy shows that the North Sea-focused producer is on target to deliver an average of 12,000 barrels of oil equivalent per day during 2015.

Scaroni: Oil 'El Dorado' Iran Can Double Output by 2020
Thursday, July 16, 2015 International oil companies will rush back to Iran after the removal of sanctions, helping the OPEC member double production by the end of the decade, according to former Eni CEO Paolo Scaroni.

Edvard Grieg Topside Modules Successfully Installed
Thursday, July 16, 2015 Lundin Petroleum's Lundin Norway subsidiary successfully completes the installation of the topside modules on the Edvard Grieg field, offshore Norway.

Norwegian Production Figures Rise
Thursday, July 16, 2015 The Norwegian Petroleum Directorate's preliminary production figures for June 2015 reveal that the average daily production of oil, NGL and condensate rose three percent from May 2015.

Woodside's 2Q 2015 Sales Revenue Slips 46.5% to $898M on Low Oil Prices
Thursday, July 16, 2015 Woodside posts sales revenue of $898 million in the second quarter of 2015, down 46.5 percent from a year ago, with the decline due largely to lower oil prices and lower sales.

Partners Nearer to Further Development of Galoc Oil Field Offshore Palawan
Tuesday, July 14, 2015 Nido Petroleum says an independent resource assessment of the mid-Galoc area offshore Palawan in the Philippines is a step forward to further develop the Galoc oil field.

GlassPoint to Build Solar EOR Facility to Boost Oil Output at Oman Field
Tuesday, July 14, 2015 GlassPoint will construct the world's largest solar EOR facility in terms of output to boost oil production at Oman's Amal oilfield.

Rosneft, Statoil Complete Drilling on North-Komsomolskoye Pilot Project
Tuesday, July 14, 2015 Rosneft and Statoil complete drilling works for the pilot project on the PK1 layer of the North-Komsomolskoye field, onshore Russia.

Russian Oil and Condensate Production Hits Post-Soviet Record
Tuesday, July 14, 2015 Russian oil and condensate production reaches a new post-soviet record of 10.7 million barrels a day in 2015, according to the latest analysis from Wood Mackenzie.

SapuraKencana Bags $212M Deal for Mumbai High South Redevelopment Project
Tuesday, July 14, 2015 SapuraKencana Petroleum bags a $211.95 million contract from ONGC for the Mumbai High South Redevelopment Phase III project offshore India's west coast.

Genel Appoints New CEO, On Track to Deliver 90-100,000 BPD
Monday, July 13, 2015 Genel Energy appoints Murat Ozgul as its new CEO as it says it is on track to produce an average of between 90,000 and 100,000 barrels of oil per day in 2015.

PetroVietnam to Work with Murphy, ExxonMobil on Oil, Gas Projects
Monday, July 13, 2015 PetroVietnam is set to work with Murphy Oil and ExxonMobil on local and overseas oil and gas developments, including Block B and Ca Voi Xanh gas projects offshore Vietnam.

Dragon Oil Increases Production Growth Expectations
Friday, July 10, 2015 Dragon Oil increases its production growth expectations for the year, from 10 to 15%.

Saka Energi to Achieve Full Gas Production in South Sesulu Block in 2019
Thursday, July 09, 2015 Indonesia's Saka Energi Indonesia is expected to achieve full production at the South Sesulu block off East Kalimantan in 2019, according to a local official.

Gulf Keystone Expects Shaikan Production to Hit 36-40K Bopd Until Year End
Thursday, July 09, 2015 Gulf Keystone expects production at the Shaikan field, in the Kurdistan region of Iraq, to remain between 36,000 and 40,000 barrels of oil per day until the year end.

Empyrean Sees Upgrade to Eagle Ford Shale Asset
Wednesday, July 08, 2015 Empyrean Energy reports a major upgrade to reserves and resources at its Sugarloaf AMI asset in the Eagle Ford Shale, Texas.

Savannah Petroleum's R1/R2 Niger Resource Estimate Doubles
Wednesday, July 08, 2015 Savannah Petroleum announces that its resource estimate on Niger's R1/R2 license area has doubled, following an independent assessment by CGG Robertson.

WA's Ungani Oil Field on Track for Production Startup in Mid-July
Monday, July 06, 2015 Buru Energy says the Ungani oil field in Western Australia's Kimberly region is on track to commence production in mid-July.

Ophir's Plans for 2015 Remain on Track
Monday, July 06, 2015 Ophir Energy's production target remains on track after the company averaged 14,600 barrels per day during 1H 2015.

Repsol Starts Production at Giant Perla Field Offshore Venezuela
Monday, July 06, 2015 Repsol begins production from the first producing well on its giant Perla gas field in the Gulf of Venezuela.

Norway Baffles Analysts by Ceding 15 Million Barrels of Oil
Monday, July 06, 2015 The move to cut Det Norske's stake was surprising since it could have approved the initial deal, said Kjetil Bakken, an analyst at Carnegie.

PRL 15 JV Selects Key Infrastructure Sites for Elk-Antelope LNG Project
Friday, July 03, 2015 The PRL 15 Joint Venture selects key infrastructure sites for the Elk-Antelope gas field development in Papua New Guinea.

OMV Successfully Completes Maari Redevelopment Project Off New Zealand
Thursday, July 02, 2015 OMV successfully completes Maari redevelopment project offshore New Zealand.

Tullow Enjoys Strong Oil Production in West Africa
Wednesday, July 01, 2015 Tullow Oil sees strong oil production from its West African operations thanks to a solid performance from its Jubilee field, offshore Ghana.

Statoil Submits Amended Development Plan for Gullfaks Area
Tuesday, June 30, 2015 Statoil submits an amendment to its plan to develop Phase One of the Shetland/Lista development in the Gullfaks license area to the Norwegian government.

Gulf Keystone Signs Domestic Oil Sales Contract in Iraqi Kurdistan
Monday, June 29, 2015 Gulf Keystone Petroleum signs a six-month contract with a crude oil buyer in Iraqi Kurdistan, boosting its cash flow prospects.

Oilex Commences Gas Sales from Cambay-73 in Gujurat's Cambay Field
Monday, June 29, 2015 Oilex commences gas sales from Cambay-73 to local market near the Cambay Field in Gujurat, India.

Cuadrilla Defends Fracking Plans Following Application Rejection
Friday, June 26, 2015 Cuadrilla defends its proposed plans for shale gas fracking in northwest England, following Lancashire County Council's decision to reject the company's application due to traffic related issues.

Tanjung Offshore Mulls Brownfield Development Ventures in Malaysia, SE Asia
Friday, June 26, 2015 Tanjung Offshore considers venturing into brownfield development in Malaysia and Southeast Asia.

Israel's Security Cabinet Approves Gas Deal with Noble, Delek
Thursday, June 25, 2015 Israel's security cabinet has voted in favor of a plan to let Noble and Delek keep control of most of the country's natural gas deposits.

Trapoil Drills Dry Well in UK North Sea
Thursday, June 25, 2015 Trapoil has come up dry in the Niobe exploration well, located in License P.1889 in the UK North Sea.

Lundin Petroleum Spuds Three Wells Offshore Norway
Wednesday, June 24, 2015 Lundin Petroleum announces that its wholly owned subsidiary Lundin Norway AS has spud two appraisal wells and one exploration well offshore Norway.

Chevron Selling 40% Stakes in Two More Nigerian Oil Blocks
Wednesday, June 24, 2015 Chevron says it was selling its 40% stakes in two more Nigerian shallow water offshore oil blocks, Oil Mining Leases (OML) 86 and 88 in the Niger Delta area.

Syrian Army Secures Oil Field Perimeter, Kills Militants
Wednesday, June 24, 2015 Syrian state television states that the army and allied militia have secured the perimeter of the Jazal oil field near Palmyra, which had been the focus of recent heavy fighting with Islamic State militants.

Dutch Government Cuts Groningen Gas Field Production
Tuesday, June 23, 2015 The Dutch government has ordered a further tightening of gas production at Groningen, Europe's largest gas field.

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