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Sources: India's ONGC Aims For New Drilling Contracts In Cost-Saving Drive
Thursday, February 11, 2016 India's Oil and Natural Gas Corp hopes to agree new cheaper drilling contracts for its western offshore fields, two sources involved in the matter say, in its biggest ever cost-saving drive in response to lower crude prices.

Maersk Drilling Sees Overcapacity on Rigs for the Foreseeable Future
Thursday, February 11, 2016 As much as one third of the global offshore fleet of oil drilling rigs could be idled in 2016 as energy firms scale back investments on the back of weak crude prices.

Buru Energy Plans Flow Test at Ungani Far West 1 Well in WA's Canning Basin
Thursday, February 11, 2016 Buru Energy plans to carry out a flow test at Ungani Far West 1 well in Western Australia's Canning Basin after releasing drilling rig.

Rig Contractor Precision Drilling Suspends Dividend
Thursday, February 11, 2016 Precision Drilling Corp suspends its dividend payments as the company looks to boost its finances to cope with a 70% fall in oil prices.

Genel to Resume Oil Drilling in Iraqi Kurdistan
Tuesday, February 09, 2016 Genel Energy, one of a handful of foreign oil producers in Iraqi Kurdistan, to resume drilling at its Taq Taq oilfield in the coming weeks.

Total Brings Laggan-Tormore Onstream
Monday, February 08, 2016 Total starts production from the Laggan and Tormore gas and condensate fields, which are located in the West of Shetland area.

Greka Warns of Cost Base Reduction in 2016
Friday, February 05, 2016 Greka Drilling Limited warns that it will take actions to reduce its cost base in 2016 as a response to the lower oil price environment.

Faroe to Drill 3 Exploration Wells in 2016 despite Oil Price
Friday, February 05, 2016 Junior oil firm Faroe Petroleum will be involved in three exploration wells offshore Norway in spite of the low oil price.

OGDCL: Oil, Gas Discovered at Nashpa X-5 Well in Pakistan
Thursday, February 04, 2016 Crude oil and gas has been discovered at the Nashpa X-5 exploration well, located in Pakistan's Karak District.

FOE Stands Firm on Cancellation of Newbuild Semisub Contract with HHI
Thursday, February 04, 2016 Fred Olsen Energy stands firm on the cancellation of a construction contract with Hyundai Heavy Industries for a newbuild semisub.

Buru Provides Update on Ops at Ungani Far West 1 Well in Canning Basin
Thursday, February 04, 2016 Buru Energy updates on operations at the Ungani Far West 1 well in Canning Basin, Western Australia.

Sound Brings Nervesa Online
Thursday, February 04, 2016 Sound Energy achieves first commercial production at the operated onshore Nervesa gas discovery, located in northeast Italy.

Anadarko Ceases Production at Independence Hub in Gulf of Mexico
Wednesday, February 03, 2016 Anadarko Petroleum's last producing well at the Independence Hub in the US Gulf of Mexico goes offline.

Sources: Saudi Aramco to Keep Same Number of Oil, Gas Rigs
Wednesday, February 03, 2016 Industry sources expect Saudi Aramco keep the same number of its oil and gas drilling rigs this year despite weak oil prices.

Keystone Foes Take Aim at Obama's Atlantic Oil Drilling Plan
Wednesday, February 03, 2016 Keystone XL environmentalists trying to convince the White House to reverse decision to allow oil drilling off the Atlantic coast.

Barometer of Shale Oil Industry's Health Warns Agony to Get Worse
Wednesday, February 03, 2016 Oilfield equipment giant National Oilwell Varco warns the pace of drilling and fracking will only slow more as 2016 drags on.

Petro Matad, BG Delay Mongolia Drilling
Wednesday, February 03, 2016 Petro Matad Limited and BG Group delay their drilling program in Mongolia's Block V.

Sources: Saudi Aramco to Keep Same Number of Oil, Gas Rigs in 2016
Wednesday, February 03, 2016 State oil giant Saudi Aramco is expected to keep the same number of its oil and gas drilling rigs this year, despite weak oil prices, according to industry sources.

Interra Completes Drilling at YNG 3270 Well in Myanmar's Yenangyaung Field
Tuesday, February 02, 2016 Interra completes drilling at development well YNG 3270 in the Yenangyaung oil field in Myanmar and has been temporarily shut-in pending further action with respect to reservoir stimulation.

Transerv Finds Encouraging Gas Flows at Warro-6 Well in Western Australia
Tuesday, February 02, 2016 Transerv Energy finds encouraging gas flows from the Warro-6 onshore well in Western Australia.

Sasol to Start Drilling in New Mozambique Oil and Gas Fields
Monday, February 01, 2016 South Africa's Sasol receives the green light by Mozambique to develop more oil and gas fields in the southern African state, the company said on Monday, without disclosing how much the project will cost.

Total Continues Drilling at Antelope-6 Well in PNG's Gulf Province
Monday, February 01, 2016 Total provides an update on drilling at the Antelope-6 appraisal well in Petroleum Retention License 15 in the Gulf Province of Papua New Guinea.

UK Government to Turn Up the Heat in Move to Boost Shale Gas Industry
Sunday, January 31, 2016 A leaked government letter suggests that the UK could classify shale gas wells as 'nationally significant infrastructure', which would remove the right of local authorities to block fracking.

Holloman and JV to Continue Exploration of PELs 112, 444 in Cooper Basin
Friday, January 29, 2016 Holloman Energy and its partners plan to continue exploration work in Australia's Petroleum Exploration Licenses 112 and 444 in South Australia's Cooper Basin.

Bengal Ends Hydraulic Stimulation Program in Cooper Basin's Barta Block
Friday, January 29, 2016 Bengal Energy completes hydraulic stimulation program on ATP 752 Barta Block in Australia's Cooper Basin.

Lundin Reduces CAPEX by 26%, Increases Reserves by 292%
Friday, January 29, 2016 Lundin Petroleum reduces its capital expenditure to $1.08 billion in in 2016 and increases its reserve to 685 million barrels of oil equivalents.

Lundin Spuds Maligan Prospect in Block SB307/SB308 Off East Malaysia
Friday, January 29, 2016 Lundin spuds the Maligan prospect in Block SB307/SB308 offshore East Malaysia using the jackup West Prospero.

Baker Hughes: U.S. Oil Drillers Cut Rigs for Sixth Straight Week
Friday, January 29, 2016 U.S. energy firms cut oil rigs for the sixth straight week, and are expected to shed more in coming weeks with three major U.S. shale oil companies slashing their spending plans after crude prices hit 12-year lows.

Total Plans Exploration Well in UK North Sea
Thursday, January 28, 2016 French oil major Total plans to drill an exploration well at its Sween site in the British part of the North Sea, expanding near its existing infrastructure in defiance of weak oil prices.

Buru Updates on Drilling at Ungani Far West 1 Well in WA's Canning Basin
Thursday, January 28, 2016 Buru Energy updates on drilling operations at the Ungani Far West 1 well in the Canning Basin, Western Australia.

Low Utilization Pressures Companies to Scrap More Offshore Rigs in 2016
Thursday, January 28, 2016 With crude oil prices languishing just above the $30 a barrel range since the beginning of 2016, market watchers expect drilling companies to scrap more offshore rigs this year.

Beach Energy Completes Udacha-1 Well Stimulation, Flow Test in Cooper Basin
Wednesday, January 27, 2016 Beach Energy successfully completes fracture stimulation and flow test of the Udacha-1 well in PRL 26 in South Australia's Coooper Basin.

Kosmos Energy Makes 'Significant' Gas Find Offshore Senegal
Wednesday, January 27, 2016 The Guembeul-1 exploration well, located in the northern part of the St. Louis offshore profond license area in Senegal, has made a "significant" gas discovery.

Union Jack Oil Farms into PEDL209 License, Onshore UK
Tuesday, January 26, 2016 Junior explorer Union Jack Oil enters into an agreement with Egdon Resources to farm into the conventional prospects of the onshore PEDL209 license.

Jura Energy Updates on Sara-4 Well Ops in Pakistan's Middle Indus Basin
Tuesday, January 26, 2016 Jura Energy updates on operations at the Sara-4 development well in the Sara Lease, Middle Indus Basin, Pakistan.

Keppel FELS Delivers Newbuild Jackup Halul to Gulf Drilling International
Tuesday, January 26, 2016 Keppel FELS delivers newbuild jackup Halul to Qatar's Gulf Drilling International.

Plexus Signs Drilling Services Agreement with Gusar, Konar
Tuesday, January 26, 2016 Plexus Holdings enters into an exclusive license agreement with Gusar and Konar to undertake the rental, manufacture and servicing of Plexus' jackup drilling wellhead exploration equipment.

Comet Ridge Updates on Mahalo 7 Well in ATP 337P in Queensland
Monday, January 25, 2016 Comet Ridge provides an update on operations at the Mahalo 7 well in permit ATP 337P in Queensland, Australia.

Lundin Finds Oil Offshore Malaysia, Spuds North Sea Well
Monday, January 25, 2016 Lundin discovers oil offshore Malaysia and spuds another well in the North Sea.

InterOil Commences Test Flow at Antelope-5 Well in PNG's Gulf Province
Friday, January 22, 2016 InterOil commences flow test at Antelope-5 well in Petroleum Retention License 5 in the Gulf Province of Papua New Guinea.

China Drops Online Notice of Oil Rig Location After Vietnam Complaint
Friday, January 22, 2016 Chinese maritime officials remove an online notice that gives the location of a $1-billion deep-water oil rig in the South China Sea two days after issuing it.

Buru Updates on Ungani Far West 1 Well Drilling in Canning Basin
Thursday, January 21, 2016 Buru Energy updates on drilling operations at the Ungani Far West 1 well in the Canning Basin, Western Australia.

Roxi Granted BNG Acreage Extension
Thursday, January 21, 2016 The Kazakh regulatory authorities grant Roxi Petroleum a 54 square mile extension to the BNG contract area, for a price of $2 million.

Shale Gas Drillers Emerge as Refuge for Investors in Rout
Thursday, January 21, 2016 US natural gas drillers are emerging as an unlikely bright spot in this week's collapse of energy stocks.

Buru Energy Provides Update on E&P Ops in WA's Canning Basin
Wednesday, January 20, 2016 Buru Energy provides update on its exploration and production operations in the Canning Basin, Western Australia.

Cue Updates on Drilling at Te Kiri North-1 Well in NZ's Taranaki Basin
Wednesday, January 20, 2016 Cue Energy updates on drilling at the onshore Te Kiri North-1 well in permit PEP 51149 in New Zealand's Taranaki Basin.

Lundin Hits Dry Well in Norwegian Sea
Wednesday, January 20, 2016 Lundin Petroleum comes up dry on exploration well 6407/10-4, located on the Lorry prospect in the southern Norwegian Sea.

SNE Appraisal Program Offshore Senegal Continues with SNE-3 Drilling
Tuesday, January 19, 2016 Drilling operations at the second appraisal well on the SNE oilfield have begun, following the completion of SNE's first appraisal well, SNE-2.

UK Government MP Resigns as Vice Chair of Shale Gas Parliamentary Group
Tuesday, January 19, 2016 Kevin Hollinrake, a Member of Parliament for a constituency where there is an application underway to frack for shale gas, resigns his position as vice chair of a Parliamentary shale gas group.

Egdon Spuds UK Onshore Well, Keddington-5
Monday, January 18, 2016 Drilling operations begin on the Keddington-5 sidetrack development well, which is located onshore UK in the East Midlands.

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