News Topics: Field Development

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OTC 2016: Efficient Application Key for Subsea Separation Future
Monday, May 02, 2016 The obstacles facing adoption of subsea separation technology have been overcome. Now, industry must focus on efficient application of existing technologies.

OTC 2016: Cambodia Decision on First Oilfield Development by Year End
Monday, May 02, 2016 Cambodia expects a decision to develop the country's first oilfield at Block A by year end, a senior government official says.

Karoon Says PEPC's Restructuring Not Likely to Impact Brazil Work Program
Thursday, April 28, 2016 Karoon Gas Australia expects no impact on the work program for its Santos Basin blocks off Brazil despite partner Pacific Exploration and Production Corp.'s ongoing restructuring.

Husky Expects Madura BD Field Off Indonesia to Commence Production in 2017
Wednesday, April 27, 2016 Husky Energy expects the Madura BD field in the Madura Strait offshore Indonesia to commence production in 2017.

LGO Boosts Production at Goudron Field in Trinidad
Wednesday, April 27, 2016 Production starts from a new interval in well GY-671 on the Goudron field in Trinidad.

Total's Indonesian Unit sees 1Q Mahakam Gas Production at 1.7 Bcfpd
Monday, April 25, 2016 Total E&P Indonesie sees first quarter natural gas production from the Mahakam Block at 1.7 billion cubic feet per day, above its target of 1.5 Bcfpd for 2016.

NZOG Reports 15.3% Rise in Developed Reserves in Kupe Field Off Taranaki
Thursday, April 21, 2016 New Zealand Oil & Gas reports a 15.29 percent rise in developed reserves in the Kupe oil and gas field off Taranaki, New Zealand.

Woodside's 1Q 2016 Sales Revenue Down 30.3% to $982M
Wednesday, April 20, 2016 Woodside posts a 30.3 percent decline in sales revenue for the first quarter of 2016 to $982 million, with the fall due largely to low oil and gas prices.

Independent Oil and Gas Acquires Blythe Discovery
Tuesday, April 19, 2016 Independent Oil and Gas signs a Sale and Purchase Agreement to acquire an additional 50 percent in blocks 48/22b and 48/23a in the Southern North Sea from Alpha Petroleum Resources Limited.

What Would an Exit from Bonga South West/Aparo Mean for Shell?
Tuesday, April 12, 2016 Rigzone looks at the development of the Nigerian Bonga South West/Aparo project amid the lower oil price environment and outlines what a potential exit from the venture would mean for operator Shell.

Sweden's Lundin Set for Busy Year Offshore Norway
Thursday, April 07, 2016 During a visit to meet Norway's "Subsea Valley" industry, Rigzone hears the managing director of Lundin Petroleum's Norwegian operation detail the firms plans for 2016 on the Norwegian Continental Shelf.

Eni On Track to Complete West, East-Hub Development Projects in Angola
Tuesday, April 05, 2016 Rigzone looks at the progress of the West Hub and East Hub Development Projects in Block 15/06 offshore Angola.

Inpex Asked to Submit Indonesia's Abadi Project POD Using Onshore LNG Plant
Monday, April 04, 2016 Inpex receives formal notice from the Indonesian authorities to submit a development plan for the Abadi project based on an onshore liquefied natural gas plant.

Maersk Oil Threatens to Shut Down Tyra Field in 2018
Monday, April 04, 2016 Maersk Oil announces that production from Tyra East and Tyra West in the Danish North Sea will cease on October 1, 2018, if an "economically viable solution" for continued operations is not identified during 2016.

ONGC's Cluster 12 Project May Provide Some Relief for the Services Sector
Thursday, March 31, 2016 The decision by ONGC to develop the $5B Cluster 12 project off India may provide some relief for the services sector.

Russian Minister Says Rosneft Set To Lower Oil Output
Tuesday, March 29, 2016 Rosneft is set to lower oil output, Russian Natural Resources Minister Sergei Donskoi says.

Australia's Browse FLNG JV Decides Not to Proceed with Development
Wednesday, March 23, 2016 Woodside and joint venture partners in the Browse floating liquefied natural gas project decide not to proceed with the development off Western Australia.

Statoil Says Oil Field Break Even Level Should Drop Below $40
Thursday, March 17, 2016 Statoil will push the average cost of new fields in its portfolio to a level below $40 per barrel, says the company's chief financial officer.

Sino G&E Increases 2P Reserves for its PSCs in China's Ordos Basin
Thursday, March 10, 2016 Australia's Sino Gas & Energy increased the proved and probable reserves for its production sharing contracts in China's Ordos Basin and an overall development plan is targeted for submission in 2017.

Chevron Moves Ahead with Big Foot Project
Wednesday, March 09, 2016 Chevron expects production from its Big Foot project to begin in the second half of 2018 following validation of its TLP design and mooring system.

Senegal SNE-3 Well Flows Thousands of Barrels of Oil
Wednesday, March 09, 2016 Cairn Energy reveals that the SNE-3 appraisal well offshore Senegal has flowed thousands of barrels of oil as a result of two drill stem tests within its upper reservoirs.

Shell Says to Start New Exploration Phase in BC-10 Brazil Field
Tuesday, March 08, 2016 Royal Dutch Shell will start a new exploration phase in the BC-10 project off the coast of Brazil in the next few days.

President Set to Boost Argentine Production with Multi-Well Program
Monday, March 07, 2016 South America-focused junior President Energy plans to 'materially increase production' via a multi-well drilling program in Argentina.


 
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