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Shell Starts Production From Arran Gas Field
Thursday, October 21, 2021Shell started production from the Arran gas and condensate field in the UK North Sea, one of the fields linked to the Shearwater hub.
Ineos to Invest $2B+ in Green Hydrogen Across Europe
Tuesday, October 19, 2021The company revealed that its first plants will be built in Norway, Germany and Belgium.
Permian Oil Production Near Pre-Covid Record Numbers
Tuesday, October 19, 2021Oil output in America’s most prolific shale patch is getting closer to levels seen before the pandemic-driven market crash, as crude prices surge.
OPEC+ Fails to Meet Production Target
Monday, October 18, 2021OPEC and its allies once again failed to pump enough oil to meet their output targets.
California County Loses Bid to Reinstate Frac Ban
Friday, October 15, 2021Monterey County voters in November 2016 passed a measure prohibiting land use in support of new oil and gas wells and fracking activities in unincorporated areas.
Talos Energy Gives Ida Related Production Update
Wednesday, October 13, 2021Production disruptions following Ida were prolonged due to complications affecting third-party downstream service providers.
Wood To Support Beach Energy's Trefoil Field Development
Tuesday, October 12, 2021Wood has secured two FEED contracts to support Beach Energy’s Trefoil field development opportunity offshore Australia.
Yergin Says USA Likely to Ask OPEC to Pump More
Tuesday, October 12, 2021In August, the Biden administration called on Saudi Arabia and its allies to unload more crude onto global markets.
Permian Shale Oil Is Booming Again
Monday, October 11, 2021Increased access to financing and strong oil demand has created an opening for closely held producers.
Sinopec's Fuling Field Sets Gas Shale Production Record
Monday, October 11, 2021Sinopec’s Fuling field – the first commercially developed and operated large-scale shale gas field in China – has set a new record for the cumulative production of shale gas in the country.
OGUK Gives UK Gas Production Warning
Friday, October 08, 2021UK gas production will fall 75 percent by 2030 without new investment, according to industry body Oil & Gas UK.
Petrobras Restarts Production From Brazilian Gas Field After Repairs
Wednesday, October 06, 2021Petrobras restarted production from the Manati gas field offshore Brazil following the completion of pipeline repairs.
Shell Restarts GOM Olympus Platform After Hurricane Ida
Wednesday, October 06, 2021Shell has restarted production at its Olympus platform in the Gulf of Mexico after repairs to facilities damaged by Hurricane Ida.
USA Shale Cos to See Minimal Expansion Despite Rally
Wednesday, October 06, 2021U.S. shale oil production will expand at a "modest rate" over the next 18 months even as prices touch multiyear highs, according to BloombergNEF.
Engine No.1 Says Drop in Exxon Output Is Meaningful
Tuesday, October 05, 2021Activist fund Engine No. 1 says Exxon Mobil Corp. has reduced oil and gas production in a meaningful way since the beginning of its successful proxy campaign last year.
Lundin Starts Production From Edvard Grieg Subsea Tie-in
Friday, October 01, 2021Lundin Energy has produced first oil from the Solveig field, a subsea tie-back development to the Edvard Grieg platform in the North Sea.
Enauta Shuts Down Field Off Brazil Due To Gas Leak
Wednesday, September 29, 2021Enauta has preventively stopped production from the Manati offshore field due to a small gas leak.
Jadestone Brings One More Montara Well Online
Tuesday, September 28, 2021Jadestone Energy has started production from the Montara H6 well after a tie-in into the Montara field facilities offshore Australia.
USA Oil Production Outlook Set to Grow
Tuesday, September 28, 2021The U.S. oil production outlook is set to grow over the next five years, according to GlobalData.
Eni Starts-Up Second Project Offshore Angola In 2021
Monday, September 27, 2021Eni has started production from the Cabaça North development project in deep waters offshore Angola using its Armada Olombendo FPSO.
BP GOM Assets Back Online Following Hurricane Ida
Friday, September 24, 2021Supermajor BP has brought online all four of its assets in the Gulf of Mexico post-Hurricane Ida.
BSEE Releases Final Hurricane Ida Report
Friday, September 24, 2021The Bureau of Safety and Environmental Enforcement (BSEE) has released its final update on evacuation and shut in production statistics for Hurricane Ida.
CNOOC Flows First Oil From Bozhong 19-4 Oilfield
Friday, September 24, 2021CNOOC Limited starts production from Bozhong 19-4 oilfield comprehensive adjustment project.
Canada Oil Sands Force Majeure Adds to Supply Woes
Thursday, September 23, 2021Syncrude Canada Ltd., a light crude producer majority-owned by Suncor Energy Inc., cut September supplies due to a mechanical disruption at its oil sands site, according to a person familiar with the situation.
Key Members Say OPEC+ Can Keep Reviving Supply
Tuesday, September 21, 2021OPEC and its allies can likely continue reviving oil production, two key Middle East members said as the group prepares to consider its next supply hike.
Is Gulf of Mexico Production Still Shut In?
Monday, September 20, 2021Rigzone looks at the Bureau of Safety and Environmental Enforcement's latest production status data for the Gulf of Mexico.
Halliburton Selected for Offshore Israel Campaign
Wednesday, September 15, 2021Halliburton Company (NYSE: HAL) has been awarded an integrated services contract to execute a three to five well drilling and completions campaign for Energean.
GOM Oil Output at 60 Percent
Wednesday, September 15, 2021The slow-but-steady restoration of oil production in the Gulf of Mexico is continuing.
How Much Gulf of Mexico Production is Still Offline?
Monday, September 13, 2021The Bureau of Safety and Environmental Enforcement publishes its latest production estimates following Ida.
Libya Oil Output at Risk Again
Friday, September 10, 2021Libya's oil production is in danger of slumping again, as a political power struggle threatens to end a period of relative stability.
Suncor Greenlights Terra Nova Asset Life Extension
Thursday, September 09, 2021The co-owners of the Terra Nova FPSO facility, and associated Terra Nova field, have finalized an agreement to restructure the project ownership and move forward with an asset life extension project.
Near 90 Percent of GOM Oil Production Still Down
Monday, September 06, 2021Around 88.32 percent of oil production and 82.72 percent of gas production in the Gulf of Mexico remained shut in on September 5.
Initial Ida Hit to Production Surpasses Katrina
Monday, September 06, 2021Hurricane Ida may not have been the deadliest or most damaging weather system ever to smash into the U.S., but its initial impact on Gulf of Mexico oil supply has been greater than any other storm in history.
Shell Commits to Timi Investment
Sunday, September 05, 2021Sarawak Shell Berhad has announced that it has taken a final investment decision on the Timi gas development project.
Serica Starts Production from Rhum R3
Friday, September 03, 2021Serica Energy plc (AIM: SQZ) has announced the commencement of production from the Rhum R3 well, 16 years after it was originally drilled.
Majority of GOM Production Remains Offline
Thursday, September 02, 2021Approximately 79.96 percent of oil production and approximately 83.21 percent of gas production in the Gulf of Mexico remained shut-in on September 1 following storm Ida.
OPEC Boosts Output as Some Members Left behind
Thursday, September 02, 2021OPEC boosted crude production last month as it continued the revival of supplies halted during the pandemic, but some members struggled to keep up.
95 Percent of GOM Oil Production Still Offline
Tuesday, August 31, 2021The BSEE estimates that approximately 94.6 percent of the current oil production in the Gulf of Mexico remained shut in on August 30 as a result of storm Ida.
North Sea Troll Phase 3 Project Online
Tuesday, August 31, 2021Equinor (NYSE: EQNR) has announced that production has started from the Troll phase 3 project in the North Sea.
Pemex Restores Production After GOM Rig Fire
Tuesday, August 31, 2021Pemex has restored the production of 421,000 barrels of oil per day from the E-Ku-A2 platform, following a fire which occurred on the asset on August 22.
Ida Shuts in Majority of Gulf of Mexico Production
Monday, August 30, 2021The Bureau of Safety and Environmental Enforcement estimates that approximately 95.65 percent of the current oil production in the Gulf of Mexico has been shut in as a result of Hurricane Ida.
CNOOC Brings Another Field Online
Monday, August 30, 2021CNOOC Limited (NYSE: CEO) has announced that the Bozhong 26-3 oilfield expansion project has commenced production.
Transocean Nets $252MM Deal for Newbuild Drillship
Friday, August 27, 2021Transocean Ltd. (NYSE: RIG) has revealed that BOE Exploration & Production LLC has awarded the company a $252 million contract for its Deepwater Atlas newbuild ultra-deepwater drillship.
OPEC+ Seen Sticking to Plan
Friday, August 27, 2021OPEC and its allies are expected to press on with their planned revival of oil production when they meet next week, as prices bounce back from their August stumble.
UK Oil Field Work Delayed as Environment Debate Rages
Tuesday, August 24, 2021Siccar Point Energy Ltd. is delaying work on its Cambo oil field in the U.K. North Sea, a target of vociferous criticism by environmental activists.
Eni Starts Production from Deep Offshore Field
Monday, August 16, 2021Eni (NYSE: E) has announced that it has started production from the Cuica field, which is located in Block 15/06 of the Angolan deep offshore.
Pemex Can't Afford to Develop Zama
Friday, August 13, 2021Petroleos Mexicanos fought tooth and nail to wrest control of the country's biggest private oil find from the companies that discovered it. Now it has found itself without the cash to actually develop the field.
Shell and Chevron Sanction GOM Deepwater Project
Monday, July 26, 2021The development will feature a 99% replicated hull and 80% replication of the Vito topsides.
Saudi Prince Wants to Be Known As Oil Price 'Volatility Buster'
Thursday, July 22, 2021Saudi Energy Minister Prince Abdulaziz bin Salman is the most important single person in the oil market today.
Shell Starts Up Barracuda
Thursday, July 22, 2021Shell has achieved first gas from Project Barracuda offshore Trinidad and Tobago.
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