News Topics: Field Development

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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.

Sound Energy Progresses Onshore Morocco Development Program
Wednesday, May 17, 2017 A rig arrives at Sound's Sidi Moktar asset, onshore Morocco, ahead of the re-entry and testing of the Lower and Middle Jurassic in two existing wells (Koba-1 and Kamar-1) on the Kechoula discovery.

Chevron Shuts First Gorgon LNG Export Plant Unit For Around A Month
Monday, May 15, 2017 Chevron Corp has shut the first production line at its giant Gorgon liquefied natural gas (LNG) export plant in Australia and expects the outage to last about a month.

Repsol Sinopec Flows First Oil from North Sea Shaw Field
Tuesday, May 09, 2017 Repsol Sinopec Resources UK announces that first oil has begun to flow from the Shaw field, which is part of a major redevelopment of the Montrose Area in the Central North Sea.

PetroVietnam Says Venezuela Oil Project Still Stalled, Hopes To Reactivate
Wednesday, May 03, 2017 PetroVietnam's joint venture with PDVSA remains stalled but the Vietnamese company hopes ongoing talks will lead to reactivation of operations.

BP Says 1B Additional Barrels 'Possible' In Gulf Of Mexico Hubs
Monday, May 01, 2017 BP says the oil company's use of a new seismic imaging technology has identified 1 billion additional barrels of "possible resources" at four of its US offshore fields.

Libya Oil Output Rebounds as Sharara, Feel Fields Restarted
Monday, May 01, 2017 Libya's crude production rebounds to more than 700,000 barrels a day as pumping resumes after a halt.

France's Total Approves First Project Since 2014 As Profits Surge
Thursday, April 27, 2017 Total gives the go-ahead to develop its first major project since 2014 after reporting a sharp rise in quarterly profit.

Unsung Gulf of Mexico Tracks New Crude Oil Production Record
Tuesday, April 25, 2017 Permian Basin hoards the spotlight, but meanwhile, offshore producers are a fraction of a percentage point away from hitting another all-time high during the first half of the year, according to RBN Energy.

Libya Oil Field Idled in 2015 Now Awaits Power to Resume Pumping
Thursday, April 20, 2017 Libya's El-Feel oil field is ready to resume production after a two-year halt in operations, but there's a problem: It doesn't have enough electricity to pump the crude.

Iran Boosts Gas-Output Capacity With New Projects at Giant Field
Monday, April 17, 2017 Iran boosts output by inaugurating six projects at the giant South Pars offshore field.

NOC: Libya's Wafa Oil And Gas Field Reopens, Force Majeure Lifted
Wednesday, April 12, 2017 Libya's NOC has lifted force majeure on production from the Wafa field after an armed group reopened oil and gas pipelines leading to the Mellitah terminal, the company says.

Japan To Conduct Second Test To Produce Gas From Methane Hydrate
Monday, April 10, 2017 Japan begins preparations for a second production test to extract methane gas from methane hydrate deposits offshore Japan's central coast.

Recoverable Lancaster Resources Could Be 3x Larger Than Initially Thought
Friday, April 07, 2017 Recoverable resources from the Lancaster asset, located in the West of Shetland area, could be triple the amount outlined by a 2013 CPR figure, according to Hurricane Energy plc.

Authorities Approve Trestakk PDO
Wednesday, April 05, 2017 Norwegian authorities approve the Plan for Development and Operation (PDO) of the Trestakk discovery on the Halten Bank in the Norwegian Sea.


 
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