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Politics and Policy
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S&P Global Platts – May OPEC Output Up 270,000 at 32.12 Million b/d – Highest Since January 2017 Jun 8, 2017The Organization of the Petroleum Exporting Countries (OPEC) members’ crude output rose 270,000 barrels per day (b/d) to 32.12 million barrels per day in May compared to April, according to a recent S&P Global Platts survey.
First Addition of a New Grade of Crude Since 2007 Feb 21, 2017S&P Global Platts, the independent provider of information and benchmark prices for the commodities and energy markets, has announced it will include Norway’s Troll as the latest addition...
Genel Energy issues Taq Taq reserves update Feb 29, 2016Genel Energy issues its reserves position at the Taq Taq field (Genel 44% working interest). In its Trading and Operations Update on 20 January 2016, the Company
88 Energy updates evaluation for Icewine #1 well Feb 29, 201688 Energy Limited updates the evaluation and integration of the core with log data over the HRZ interval from the recently drilled Icewine#1 exploration well.
Pantheon completes a diagnostic spinner survey on VOS#1 discovery Feb 29, 2016Pantheon Resources says that having earlier completed a pressure build up test on the VOS#1 discovery, the operator Vision has completed a diagnostic spinner survey in order
SOCO to plug and abandon Baobab Marine-1 well Feb 29, 2016SOCO International says that the Baobab Marine-1 ('BABM-1') commitment well drilled in the Mer Profonde Sud Block, located in the Lower Congo Basin, offshore the
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Spot News |
Further Increasing Johan Sverdrup ValueStatoil and partners have further increased the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling efficiency and further maturation of the resource base.
Faroe Commences Fogelberg Appraisal WellFaroe Petroleum has announced the commencement of the Fogelberg appraisal well and contingent sidetrack 6506/9 – 4A and 4S in the Norwegian North Sea (Faroe 28.3%).
North Sea Exploration Success for BPBP has announced two new exploration discoveries in the North Sea. The discoveries are Capercaillie, in Block 29/4e in the Central North Sea, and Achmelvich, in Block 206/9b west of Shetland.
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Politics and Policy
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Magellan Petroleum declares preliminary flow test results of Horse Hill wellFeb 25, 2016Magellan Petroleum Corporation has declared preliminary results of a flow test of the Horse Hill-1 well located in the Weald Basin, onshore UK, which is operated by Horse Hill
Eni gets nod for the development of Coral DiscoveryFeb 25, 2016Eni has received the approval of the Plan of Development for the Coral discovery, offshore Mozambique. The approval has been granted by the Government of Mozambique’s Council of Ministers. The approval relates to the first phase of development of 5 trillion cubic feet of gas in the Coral discovery, located in the Area 4 permit. The discovery
Granite receives approval for EOR on Bakken propertyFeb 23, 2016Granite Oil Corp. has received the approval of the Alberta Energy Regulator (AER) to operate its gas injection enhanced oil recovery (EOR) scheme on its 100%-owned Alberta Bakken property
AGR to support Colombia’s development of significant heavy oil resourcesFeb 22, 2016AGR has finalised a contract with Colombia’s Agencia Nacional de Hidrocarburos (ANH) supporting further the company’s growth strategy in the South American region.
ExxonMobil declares 2015 Reserves AdditionFeb 22, 2016Exxon Mobil Corporation has added 1 billion oil-equivalent barrels of proved oil and gas reserves in 2015, replacing 67 percent of production, including
Real Energy begins Tamarama-1 fracture stimulationFeb 19, 2016Real Energy Corporation Limited has commenced field operations in preparation for the fracture stimulation program at Tamarama-1 well,
Emerald Bay receives an additional four well drill commitmentFeb 18, 2016Emerald Bay Energy Inc. has received an additional four-well drilling commitment through its partnership with Alliance Petroleum Interests, bringing the total number of new wells in development
Empire identifies upside potential for the Lockyer Deep and North Erregulla Deep prospect trendFeb 17, 2016On behalf of the EP 368 and EP 426 Joint Venture, Perth Basin domestic gas producer Empire Oil and Gas has interpreted the Lockyer Deep and North Erregulla Deep prospects
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Transerv continues testing at Warro-5 & Warro-6 WellsFeb 17, 2016Transerv Energy says that testing operations continues at Warro-5 and Warro-6 onshore wells in Western Australia. At both wells, planned maintenance work on the
ShaMaran reports increase in Atrush year-end reserves estimateFeb 16, 2016ShaMaran Petroleum Corp. reports updates to estimated reserves and contingent resources for the Atrush block as of December 31, 2015. The reserves and contingent resources estimates were
Tap Oil estimates Manora's reserves in the Gulf of ThailandFeb 16, 2016Tap Oil Limited releases the estimation of the Manora reserves and resources in the Gulf of Thailand as at Dec. 31, 2015 undertaken by Netherland, Sewell & Associates, Inc. (NSAI),
Sound Energy commences ground works on Tendrara licenceFeb 16, 2016Sound Energy has commenced the ground works on site at the Company's Tendrara licence area and all contracts have now been awarded for the first well.
Egdon commences drilling operations at Laughton-1 welllFeb 16, 2016Egdon Resources has commenced drilling operations at the Laughton-1 exploration well in UK Onshore Licence PEDL209 located in Lincolnshire.
Harkand completes successful campaign in Trinidad and Tobago for BPTTFeb 11, 2016HARKAND has completed an inspection, repair and maintenance (IRM) campaign for BP Trinidad and Tobago (BPTT) utilising the Harkand Da Vinci diving support vessel (DSV) and the company’s
Buru Energy plans flow test at Ungani Far West 1 wellFeb 11, 2016Buru Energy Ltd. says that since the last progress report on Feb. 8, 2.875 inch (73 millimeter) production tubing has been run and cemented to a total depth of 7,874 feet (2,400 meters) and the
Petro River declares development plans for core acreage in Osage CountyFeb 10, 2016Petro River Oil Corp. updates on ongoing corporate activities, as well as the development plans for core acreage in Osage County and interest in several projects accessible through pending acquisition
Solo Oil says flow-test operations commenced at Horse Hill-1 discovery wellFeb 9, 2016Solo Oil PLC has been notified by operator Horse Hill Developments Limited that operations have now commenced at the Horse Hill site to conduct the planned extended flow test over
FAR Ltd. upgrade to SNE oil field contingent resourcesFeb 9, 2016FAR Ltd commissioned RISC Operations Pty Ltd to prepare an Independent Resources Report for FAR's SNE oil field offshore Senegal. The report was prepared as at December 2015
Buru Energy completes testing program on Ungani Far West 1 wellFeb 9, 2016Buru Energy says that since the last report of 4 February the wireline logging and pressure testing program has been completed. The quality of the wireline logs is excellent, but definitive
Rosneft and Statoil commence well testing at the North-Komsomolskoye fieldFeb 9, 2016Rosneft and Statoil commenced testing of two production wells of highly viscous oil of the PK1 layer of the North-Komsomolskoye field.The companies are implementing pilot operation of the horizontal wells constructed using best practices related to inflow control and consolidation of entrained solids.
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