News Topics: Field Development

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Saudi's Manifa Oilfield Producing, Not Affected By Technical Issue
Thursday, July 20, 2017 Saudi Aramco's Manifa oilfield, one of its largest, is producing and has not been affected by any technical issue, an industry source told Reuters.

Kemp: US Uncompleted Well Backlog Hangs Over Oil Market
Tuesday, July 18, 2017 The problem is concentrated in the Permian Basin of Texas and New Mexico.

Total, BP Unit, YPF Boost Investment in Argentina's Vaca Muerta
Tuesday, July 18, 2017 The investment is the largest specific project announcement since March in Vaca Muerta, one of the world's largest shale formations.

ExxonMobil Says Will Drop Discussions Over Indonesia's East Natuna
Tuesday, July 18, 2017 Difficulties with the field, first discovered in the 1970s, have included contract disputes and remoteness.

Egypt Sets Sights on Doubling Natural Gas Output by 2020
Monday, July 17, 2017 Egypt's natural gas production rose to about 5.1 billion cubic feet per day in 2017 from 4.4 billion cubic feet in 2016.

Snefrid Nord Gas Discovery Gets Thumbs Up
Thursday, July 06, 2017 Statoil and its partners have decided to develop the Snefrid Nord gas discovery near the Aasta Hansteen field in the Norwegian Sea.

Hurricane Energy to Raise $520 Million to Fund North Sea Field
Thursday, June 29, 2017 Hurricane Energy plans to raise $520 million for test drilling at its Lancaster oilfield in the North Sea, a major milestone for the project that could breathe new life into the ageing offshore basin.

Colombia's Ecopetrol Rubiales Oil Output Hit By Protests
Tuesday, June 27, 2017 Ecopetrol has suspended production at some wells in the nation's largest oil field after demonstrators seized the facility.

Argentina's YPF Says Technology Lowering Its Shale Costs
Friday, June 23, 2017 Loma Campana is the first productive field in Argentina's Belgium-sized Vaca Muerta shale formation.

OMV Restarts Work At Tunisian Nawara Gas Project After Blockade Ends
Tuesday, June 20, 2017 OMV restarts work at its Nawara natural gas project in southern Tunisia.

ExxonMobil To Proceed With Development Of Liza Field Offshore Guyana
Friday, June 16, 2017 ExxonMobil says it will proceed with the development of one of the largest oil discoveries of the past decade, the Liza oil field.

Libya's NOC, Wintershall Strike Interim Deal To Resume Output
Tuesday, June 13, 2017 Libya's National Oil Corporation (NOC) and German oil firm Wintershall have agreed an interim deal to resume production.

Statoil Aims To More Than Triple Brazil Output
Monday, June 12, 2017 Statoil aims to more than triple its production in Brazil and wants to become the sole operator for the entire Carcara discovery.

BPTT Makes 2 'Significant' Gas Discoveries Offshore Trinidad
Friday, June 02, 2017 BP Trinidad & Tobago makes 2 'significant' gas discoveries with the Savannah and Macadamia exploration wells, offshore Trinidad.

BP Gives Green Light To $500MM Gas Project Offshore Trinidad
Friday, June 02, 2017 BP gives the go-ahead for its $500 million Angelin offshore gas field development in Trinidad and Tobago.

Italy's Eni Signs LNG Deal In Mozambique, Raising Hopes Of Gas Boom
Thursday, June 01, 2017 Eni signs an $8 billion deal to develop a gas field off the coast of Mozambique.

BP To Sign Azerbaijan Oilfield Extension Deal At End Of June
Wednesday, May 31, 2017 BP expects to sign a contract at the end of June extending its production sharing deal for Azerbaijan's biggest oilfields until 2050.

Eni To Sign Off On Mozambique Gas Project This Week
Tuesday, May 30, 2017 Eni will complete its long-awaited final investment decision on a large liquefied natural gas (LNG) project offshore Mozambique this week.

Eni to Sign Off on Mozambique Gas Project This Week
Tuesday, May 30, 2017 The Coral South project will require the construction of six subsea wells connected to a floating LNG facility.

EP Energy, Tesoro Form Drilling JV in Utah's Uinta Basin
Wednesday, May 24, 2017 Tesoro will buy all the oil produced from the wells and provide capital for a 50 percent stake in EP Energy's working interest in the wells.


 
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