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News Topics: Drilling

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Driller Rowan Writes Down Assets By $438.4M In 4Q
Friday, February 27, 2015 Rowan writes down the value of 12 of its oldest jackups by $438.4M, joining rival Transocean Ltd in recording big asset impairment charges.

Anadarko Fails to Find Commercial Resources at Mozambique's Kifaru-1 Well
Thursday, February 26, 2015 Anadarko fails to find economic reservoir at the Kifaru-1 exploration well in the Rovuma Onshore Concession in northern Mozambique.

Whiting Shares Tumble On Plans To Keep Fracking Despite Cheap Oil
Thursday, February 26, 2015 Whiting Petroleum struck a confident tone for 2015, saying it will hydraulically fracture all wells it drills, but that prompted a sharp drop in its share price.

Jupiter Ready for Well Testing at East Akkar Field's Well 19 in Kazakhstan
Wednesday, February 25, 2015 Jupiter Energy prepares for well testing at Well 19 in the East Akkar field in Kazakhstan.

San Leon Announces Its First Polish Commercial Gas Find
Wednesday, February 25, 2015 Junior explorer San Leon makes its first commercial gas discovery in Poland.

Mosman Progresses Crossroads-1 Flow Testing in NZ's Petroleum Creek Permit
Wednesday, February 25, 2015 Mosman Oil and Gas gets ready for flow testing at Crossroads-1 well in New Zealand's Petroleum Creek permit.

Kemp: Bakken Oil Drillers Retreat To The Core
Wednesday, February 25, 2015 North Dakota's oil producers pull back to the core areas of the Bakken formation to cut costs and maximize output amid the slump in prices.

AWE Conducts Flow Testing Program at Senecio-3 Well in Onshore Perth Basin
Tuesday, February 24, 2015 AWE provides details on the flow testing program at Senecio-3 well in permit L1/L2 in onshore Perth Basin, Western Australia.

Gulfsands Confirms DOB-1 Well as a Gas Discovery
Monday, February 23, 2015 Gas flows at a rate of more than 10 million cubic feet per day at the Douar Ouled Balkhair 1 gas exploration well in northern Morocco.

Europa Spuds Kiln Lane-1 Well Onshore UK
Monday, February 23, 2015 Europa Oil & Gas starts drilling the Kiln Lane-1 conventional exploration well in northeast Lincolnshire.

Premier Well Onshore Kenya Comes Up Dry
Monday, February 23, 2015 Premier Oil's Badada-1 exploration well, onshore Kenya, fails to find hydrocarbons.

US Shale Oil's Crash Diet Likely To Bring Forward Output Dip
Monday, February 23, 2015 Shale oil producers are throttling back so quickly on drilling that US crude output could fall sooner than expected, within months, executives say.

Oil, Gas Flow from 2nd Reservoir at Wressle-1 Well
Thursday, February 19, 2015 A test of a new zone at the onshore UK Wressle-1 well sees oil flow at 182 barrels per day, while producing gas at 456,000 cubic feet per day.

US Shale Leader EOG Resources Confidence No Match For Cheap Oil
Thursday, February 19, 2015 One of the leaders of the U.S. shale revolution, EOG Resources, is humbled by plunging oil prices.

Dodson: Statoil Plans 5-6 Wells In Current Canada Exploration
Thursday, February 19, 2015 Statoil will drill five to six exploration wells in Canada during its current 15 month campaign, exploration chief Tim Dodson says.

InterOil Updates on Antelope-5 Appraisal Well Drilling in PRL 15 in PNG
Tuesday, February 17, 2015 InterOil updates on drilling at Antelope-5 appraisal well in Petroleum Retention License 15 in the Gulf Province of Papua New Guinea.

Sound Oil Authorized to Drill 2nd Well on Carita License
Tuesday, February 17, 2015 Sound Oil receives drilling authorization to drill a second well on the Carita license, onshore northern Italy.

Europa Agrees Farm-Out Deal for Onshore France Permit
Monday, February 16, 2015 Europa Oil & Gas signs a farm-out deal with Vermillion REP SAS in relation to its Tarbes Val d'Adour Permit, onshore France.

BG Group Comes Up Dry in Norwegian North Sea
Monday, February 16, 2015 BG Group drills two wildcat wells in the Norwegian North Sea that, despite finding good-quality reservoir rocks, are classified as 'dry'.

Statoil Makes Minor Oil Discovery in North Sea
Friday, February 13, 2015 Statoil makes an oil discovery of up to 13 million barrels near the Ekofisk in the Norwegian North Sea.

Lundin Makes Minor Gas Find in North Sea
Thursday, February 12, 2015 Lundin Petroleum makes a minor gas discovery northeast of the Johan Sverdrup field in the Norwegian North Sea.

Hibiscus Progresses Plan for West Telesto to Drill Sea Lion Well in VIC/P57
Thursday, February 12, 2015 Hibiscus Petroleum progresses plan for West Telesto jackup to drill the Sea Lion exploration well in permit VIC/P57 offshore Australia in June.

Precision Drilling Posts Quarterly Loss as Rig Demand Drops
Thursday, February 12, 2015 Canada's Precision Drilling Corp reports a loss for the fourth quarter as demand for its rigs declines.

Chariot Sees Opportunities due to Oil Price Decline
Thursday, February 12, 2015 Chariot says it is in a strong position to take advantage of opportunities arising from the impact of the low oil price.

Cooper Energy Continues to Drill Bunian-3 Oil Development Well in Sumatra
Thursday, February 12, 2015 Cooper Energy continues to drill the Bunian-3 oil development well in the Sukananti KSO, South Sumatra, Indonesia.

Fred Olsen Reports Flat Revenues amid 'Challenging' Market
Wednesday, February 11, 2015 Fred Olsen Energy reports revenues that are almost flat at $1.19 billion as it suspends dividends due to the 'challenging offshore market'.

Petrobras Ends Drilling, Testing of First Appraisal Well in Libra Block
Wednesday, February 11, 2015 Petrobras completes drilling and testing of the first appraisal well in Libra block in the Santos Basin pre-salt, offshore Brazil.

Northern Petroleum's Latest Alberta Well Proves Uneconomic
Tuesday, February 10, 2015 Northern Petroleum's 102/11-30 well in northwest Alberta produces oil but not at an economic rate.

State Media: China's Deepsea Gas Find Holds Over 3.5 Tcf Reserves
Monday, February 09, 2015 A deepsea natural gas find in the northern part of the South China Sea has certified proven reserves exceeding 3.53 trillion cubic feet (100 billion cubic meters), making it one of China's biggest offshore finds, Chinese state television reports.

Buru Energy Fails to Find Significant Hydrocarbons at Sunbeam 1 Well in WA
Monday, February 09, 2015 Buru Energy fails to find significant hydrocarbons at Sunbeam 1 well in permit EP 129 in Western Australia.

Mosman Prepares for Crossroad-1 Flow Testing in NZ's Petroleum Creek Permit
Thursday, February 05, 2015 Mosman Oil and Gas prepares for flow testing at Crossroads-1 well in the Petroleum Creek permit in New Zealand.

ENSCO 5006 Commences Development Drilling at Ichthys LNG Project Off WA
Wednesday, February 04, 2015 Inpex commences development drilling at the Ichthys liquefied natural gas project off Western Australia using ENSCO 5006 semisub.

Beach Energy Shuts in Geoffrey-1 Well in ATP 855 in Cooper-Eromanga Basin
Wednesday, February 04, 2015 Beach Energy shuts in Geoffrey-1 exploration well in ATP 855 in the Cooper-Eromanga Basin in Queensland, Australia.

Petrobras Finds Oil at Third Extension Well in Sergipe Basin Off Brazil
Tuesday, February 03, 2015 Petrobras confirms the extension of the August 2013 oil and gas discovery by drilling a third extension well in the ultra deepwaters of Sergipe Basin's Farfan area off Brazil.

DW: Oil Price Downturn Impacts North American Land Rig Market More
Monday, February 02, 2015 Douglas-Westwood discusses the impact of the oil price downturn on North American and International land rig markets in 2015.

Sources: Saudi Aramco Stops Red Sea Deepwater Exploration Work
Monday, February 02, 2015 Saudi Aramco puts on hold its deepwater oil and gas exploration and drilling activities in the Red Sea because of high costs as it economizes in an environment of low crude prices, industry sources say.

Total Delays Plans To Drill Shale Test Well In Denmark
Monday, February 02, 2015 Total has delayed by several months its plans to drill Denmark's first test wells for shale gas, the French oil major says.

Hibiscus to Capitalize on Lower Service Rates for 2015 Drilling Operations
Friday, January 30, 2015 Malaysia's Hibiscus Petroleum hopes to capitalize on lower service rates for its 2015 drilling operations.

Norway's Statoil Will Not Drill In Arctic Barents Sea This Year
Friday, January 30, 2015 Statoil will not drill exploration wells in the Arctic Barents Sea this year after a failed campaign in 2014, says exploration chief Tim Dodson.

Buru Energy Continues Drilling at Sunbeam 1 Well in WA's Permit EP 129
Thursday, January 29, 2015 Buru Energy provides update on drilling operations at Sunbeam 1 well in permit EP 129 in Western Australia.

Buru Energy Spuds Sunbeam 1 Well in Permit EP 129 in Canning Basin
Wednesday, January 28, 2015 Buru Energy spuds Sunbeam 1 exploration well in permit EP 129 in the Canning Basin, Western Australia.

CNPC Completes China's Deepest Onshore Well in Tarim Oilfield
Wednesday, January 28, 2015 CNPC completes Keshen-902 appraisal well, China's deepest onshore well, in Tarim Oilfield.

Gulfsands Completes Testing on Dardara Southeast 1 Well, Morocco
Wednesday, January 28, 2015 Gulfsands completes testing on its Dardara Southeast 1 discovery well on the Rharb Centre Permit, onshore Morocco.

Turkish Cypriot Negotiator Urges Suspension Of Gas Drilling
Tuesday, January 27, 2015 Greek and Turkish Cypriots should agree to suspend the search for offshore natural gas until they have hammered out a settlement in talks, Ergun Olgun says.

Obama Floats Offering First-Ever Drilling Lease In Atlantic
Tuesday, January 27, 2015 The Obama administration floats a plan that for the first time would open up a broad swath of the Atlantic Coast to drilling, even as it moved to restrict drilling off Alaska.

Falcon 'Disappointed' with NIS over Mako Trough License
Monday, January 26, 2015 Falcon Oil & Gas says it is disappointed with partner NIS over its failure to drill a third well on the Hungarian Mako Trough license within the timeframe agreed.

Green Dragon on Target for 12BCF of Gas in 2015
Monday, January 26, 2015 Green Dragon Gas says it is on target to achieve its 2015 year-end production objective of 12 billion cubic feet of gas.

MEC Updates on Operations at Bonaparte Basin, Sydney Basin in Australia
Friday, January 23, 2015 MEC Resources updates on operations by the firm's unit, Advent Energy, at the onshore Bonaparte Basin and offshore Sydney Basin in Australia.

Tullow 'Encouraged' by Results at Epir-1 Well
Thursday, January 22, 2015 In spite of not being a discovery, Tullow says results from the Epir-1 well are 'encouraging'.

Taipan Provides Drilling Update on Badada-1 Well in Kenya's Block 2B
Thursday, January 22, 2015 Taipan Resources updates on drilling at Badada-1 well in Kenya's onshore Block 2B.

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