Statoil committed to end routine flaring by 2030Apr 20, 2015Statoil and several other oil companies and nations joined together to commit, for the first time, to end the practice of routine gas flaring at oil production sites by 2030. CEO Eldar Sætre represented Statoil at the signing at the World Bank in Washington together with Norwegian foreign minister Børge Brende.'Meeting the target of zero routine flaring by 2030 is a highly important contribution our industry can make towards mitigating climate change,' Sætre said in his speech in Washington.
KrisEnergy begins drilling new sidetrack well in G6/48 blockApr 17, 2015KrisEnergy Ltd. says that the Key Gibraltar jack-up rig has commenced drilling of the Rossukon-3ST sidetrack exploration well in G6/48 in the Gulf of Thailand.
Dragon Oil provides drilling and production updateApr 17, 2015Dragon Oil publishes an update on the drilling activity in the Cheleken Contract Area, Turkmenistan, and production numbers for 1Q and March 2015.
Austin's 3D seismic program underway at Pathfinder propertyApr 17, 2015Austin Exploration announced a 3D seismic program is underway at the Company's Pathfinder property in Colorado. Austin is adding another prospecting tool to its established geochemistry, geophysics
Iona Energy brings Huntington production wells fully back on streamApr 17, 2015Iona Energy Inc. makes the following operational update regarding production from the Huntington field. The Company previously advised that Eon, the Huntington Operator, had notified resumption
Statoil: Valemon field officially openedApr 17, 2015Petroleum and energy minister Tord Lien is opening the Valemon gas and condensate field in the North Sea today. Expected recoverable reserves from the field are 192 million barrels of oil equivalent. “Valemon is one of several new projects on the Norwegian continental shelf that contribute to value creation, activity and innovation,” says Arne Sigve Nylund, executive vice president for Development & Production Norway.
KrisEnergy finds hydrocarbons at Rossukon-3 exploration wellApr 16, 2015KrisEnergy Ltd. provided an update on the Rossukon-3 exploration well in G6/48 in the Gulf of Thailand, which was drilled by the jackup Key Gibraltar
Wintershall strengthens position in southern North SeaApr 16, 2015Wintershall is stepping up its activities in the southern North Sea. In addition to an extensive drilling campaign in the Netherlands, the UK and Denmark,
Xtreme Drilling and Coil Services announces first quarter operations updateApr 16, 2015Xtreme Drilling and Coil Services is pleased to provide a first quarter operations update along with an announcement of the date for the Q1 2015 earnings
AWE reaches measured depth of 2996m at Irwin-1 exploration wellApr 16, 2015AWE Limited advises that as at 06:00 hours AWST today the Irwin-1 exploration well, located in the onshore Perth Basin, Western Australia, was at a measured
Rosneft increased gas production by 19.7% in Q1Apr 16, 2015Consolidated Rosneft gas production in the first quarter increased by 19.7% compared to the same period last year and amounted to 15.8 BCM.
Lion Energy announces Lofin-2 testing and evaluation plannedApr 16, 2015Lion Energy Ltd advises that the Lofin-2 appraisal well has reached a depth of 5471m MD/ 5128m TVDSS, slightly below its initial planned total depth of
Magnum Hunter declares first quarter 2015 production resultsApr 16, 2015Magnum Hunter Resources Corporation says that the Company's oil and gas production increased ~66% for the three months ended March 31, 2015 to
LGO spuds first well in 2015 Goudron Field development planApr 16, 2015LGO spuds the first well in its 2015 seven well development program at the Goudron Field in Trinidad. Well Services Petroleum Company Limited's Rig-70,
Sahara Group Upstream optimistic over prospects from OPL 274Apr 15, 2015Sahara Group's Upstream affiliate Enageed Resource Ltd said it is making good progress with activities in OPL 274 where Sahara operates with a 100%
Red Emperor Resources provides update on Georgian projectApr 15, 2015Red Emperor Resources NL announces the following update with respect to its Georgian Project. Despite Red Emperor again being advised last quarter by the operator, Strait Oil & Gas,
VAALCO Energy announces first production from Etame 12-H, offshore GabonApr 15, 2015VAALCO Energy, Inc. announced first production from Etame 12-H, a development well drilled from the Etame platform offshore Gabon. Etame 12-H was drilled
Lundin achieves first oil from Bertam field, offshore MalaysiaApr 15, 2015Lundin Petroleum’s wholly owned subsidiary Lundin Malaysia BV (Lundin Malaysia) has achieved first oil from the Bertam field on the 5th April 2015.
Deep Well Oil & Gas updates Steam Assisted Gravity Drainage projectApr 15, 2015Deep Well Oil & Gas, Inc. is pleased to announce the following operations update on its joint Steam Assisted Gravity Drainage project located in Sawn Lake, Alberta.
FAR Ltd declares evaluation plan for Senegal discoveriesApr 14, 2015Following the successful drilling campaign offshore Senegal in 2014, FAR Ltd and its joint venture partners ConocoPhillips, Cairn Energy and Petrosen
Ithaca Energy successfully completes flow test operations on Stella A3 wellApr 14, 2015Ithaca Energy Inc. announces the successful completion of flow test operations on the fifth and final development well on the Stella field, with the well
DualEx Energy ceases national gas production from Penészlek fieldApr 14, 2015DualEx Energy International Inc. says that natural gas production from its Penészlek field in NE Hungary has ceased, due to natural depletion of the two remaining wells.
Karoon Gas encounters hydrocarbons at Echidna-1 exploration wellApr 14, 2015Karoon Gas Australia Ltd's Echidna-1 well, has intersected an oil bearing section in Paleocene sands, as shown on mudlog and Logging While Drilling data.
Falkland Oil and Gas makes change to drilling programmeApr 14, 2015Falkland Oil and Gas Limited says that Noble Energy and its joint venture partners FOGL and Edison International have elected to defer a potential second well
