Results21 articles shown
Marathon Oil Flows First Gas from Alba B3 Platform Off Equatorial Guinea
Friday, July 15, 2016 Marathon Oil commences first gas from the Alba B3 compression platform offshore Equatorial Guinea.
Premier Oil Production Could Finish Above Guidance in 2016
Tuesday, July 12, 2016 Premier Oil's full year production is expected to be at or above its output guidance rate of between 65,000 and 70,000 barrels of oil equivalent per day, following "strong production" in H1.
Ithaca Increases Production, Expects Prompt Output Ramp-up From Stella
Monday, July 11, 2016 Ithaca Energy's average production during the second quarter of this year was significantly higher than the company’s 2016 production guidance of 9,000 boepd.
TE-6 Well Results 'Significantly Above Expectations'
Monday, July 11, 2016 Results at the TE-6 well at the Tendrara license area, onshore Morocco, are already "significantly above company expectations," says Sound Energy.
Beach Energy Flows First Gas from Udacha Field in Cooper Basin
Monday, July 11, 2016 Beach Energy commences first gas from the Udacha field in PRL 26 license in the Cooper Basin, South Australia.
Geopark Completes Jacana 3 Appraisal Well, Flows 1,650 Bopd
Friday, July 08, 2016 GeoPark Limited completes the Jacana 3 appraisal well, in Llanos 34 Block in Colombia, which flowed at a rate of 1,650 barrels per day.
Genel Energy's TT-27x Taq Taq Well Flows at 3,000 Bopd
Thursday, July 07, 2016 The Taq Taq field's TT-27x side-track well is flowing at 3,000 barrels of oil per day after being successfully drilled and completed in the Cretaceous Shiranish reservoir.
Chevron Affiliate Moves on $37B Tengiz Expansion Project in Kazakhstan
Tuesday, July 05, 2016 Chevron Corporation's 50% owned affiliate, TCO, approves a major expansion project at the Tengiz oil field that will increase crude oil production at the site by 260,000 barrels per day.
Kiliwani North-1 Well Flows at 5,000 Boepd
Monday, July 04, 2016 Gas production from the Kiliwani North-1 well in Tanzania reaches 30 million cubic feet per day (approximately 5,000 barrels of oil equivalent per day) over the weekend.
TEN To Start Production in Next 3-6 Weeks, Tullow 'Out of the Woods'
Thursday, June 30, 2016 The Tullow Oil plc operated Tweneboa Enyenra Ntomme (TEN) field, located offshore Ghana, is expected to start production in the next few weeks.
Exxon's Guyana Oil Discovery May Be Twice as Large as Thought
Thursday, June 30, 2016 Exxon's oil discovery off the coast of Guyana may hold as much as 1.4 billion barrels, twice the size of the previous estimate, making it worth as much as $69.5 billion based on current prices.
OneSubsea Secures Zohr EPC Contract
Tuesday, June 21, 2016 OneSubsea secures an engineering, procurement and construction contract for the first stage of the Zohr gas field, totaling more than $170 million, from Belayim Petroleum Company (Petrobel).
BP Sanctions Atoll Phase One Project in Egypt
Monday, June 20, 2016 BP sanctions the development of the Atoll Phase One project in Egypt.
Skyland Commences First Oil from Kyzyl-Tumshuk Field in Tajikistan
Monday, June 20, 2016 Australia's Skyland Petroleum commences first oil production at the Kyzyl-Tumshuk field in Tajikistan.
CAPEX Spending Cuts to Delay New Gulf of Mexico Production
Wednesday, June 15, 2016 Cutbacks to oil and gas exploration and production spending will negatively impact the U.S. Gulf of Mexico, according to an E&Y official.
ConocoPhillips Says 73 percent of Wells at Surmont Project Online
Wednesday, June 15, 2016 ConocoPhillips reports that 73 percent of wells at its Surmont oil sands project in northern Alberta are back in production or injecting steam, with no unexpected complications or issues affecting the effort.
IEA Sees Global Oil Market Returning To Surplus In Early 2017
Tuesday, June 14, 2016 Oil supply and demand will balance in the second half of 2016 after a series of unplanned production outages, but the market is expected to tilt into surplus in the first half of next year.
Iran's Crude Oil Production At 3.8M Bpd
Tuesday, June 14, 2016 Iran's crude oil production has reached 3.8 million barrels per day, says the country's oil minister.
Russia's Gazpromneft To Increase 2016 Output By 5%
Friday, June 10, 2016 The head of Gazpromneft says the company will increase its 2016 hydrocarbon output by 5% to 85-86 million tons of oil equivalent.
Ghana Sees Rapid Increase of Oil, Gas Output as Sankofa Field Starts
Tuesday, June 07, 2016 Ghana sees first oil production from the offshore Sankofa field, which is being developed by Eni and Vitol, taking place during the second half of 2017.
Kiliwani North Production to Increase in Near Future
Monday, June 06, 2016 Production from the Kiliwani North Development License in Tanzania will increase to 30 million cubic feet per day in the near future as a nearby gas plant and subsea pipeline is commissioned.
|Brent Crude Oil :||$46.2/BBL||2.05%|
|Light Crude Oil :||$44.75/BBL||0.42%|
|Natural Gas :||$2.69/MMBtu||1.50%|
|Updated in last 24 hours|