Oil Price |
|
|
Read our latest copy |
|
|
|
|
Latest
Production
|
DEA Boosts Oil and Gas Production in Egypt Feb 13, 2018DEA Deutsche Erdoel AG has announced a significant increase of production from its oil fields in the Gulf of Suez and from the Disouq gas fields in the Onshore Nile Delta.
BP and Energean Extend Long-Term Offtake Agreement for the Prinos Field to November 2025 Feb 13, 2018Energean Oil & Gas has announced the extension of the Prinos long-term offtake agreement with BP Oil International Limited until 1 November 2025.
US Expansion for Ziyen Inc. with Acquisition of Second and Third Oil Leases Jan 19, 2018Scottish-American software and energy company Ziyen Inc., which has operations in Aberdeen and Inverness, has announced it has secured a further two major oil contracts in the Illinois Basin, USA.
Contract Showcases UK-Based Engineering Talent to Achieve First Oil for Catcher Jan 16, 2018Global Energy Group (GEG), a Scotland-headquartered energy sector service provider, has played a key role, together with local businesses, in supporting Premier Oil reach first oil on the Catcher field in the North Sea.
First Oil Produced by the BW Catcher FPSO Dec 27, 2017BW Offshore has announced that first oil from the Catcher FPSO was safely achieved on 23 December 2017.
BP Begins Production at Super-Giant Zohr Gas Field Dec 21, 2017BP has confirmed that production has started from the super-giant Zohr gas field, offshore Egypt.
|
|
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.
|
|
More
Production
|
Production Begins 1 Year Ahead of Schedule at Wintershall’s Maria FieldDec 18, 2017Wintershall and its licence partners Petoro and Spirit Energy have started production at the Maria field one year ahead of schedule. Costs have been reduced by more than 20% compared to plan.
ExxonMobil Starts Production at Hebron FieldNov 29, 2017Exxon Mobil Corporation has announced that the Hebron project started production safely and ahead of schedule. At its peak, the project will produce up to 150,000 barrels of oil per day.
Brazil’s Giant Libra Field Comes On StreamNov 28, 2017Total has announced first oil from the Libra mega-field, located in ultra-deep waters 180 kilometres offshore Rio de Janeiro, in the pre-salt Santos Basin in Brazil.
Two More BP Projects Begin ProductionAug 15, 2017BP has confirmed the start of production from another two of the seven upstream major projects that it expects to come online in 2017. Five of these seven projects have now started up.
Production Starts at ByrdingJul 31, 2017Statoil and its partners have started production on the Byrding field as planned. Recoverable volumes in Byrding are estimated at a good 11 million barrels of oil equivalent.
Total Commences Operations on Al-Shaheen Oil Field Alongside Qatar PetroleumJul 12, 2017Total and Qatar Petroleum will take over the operatorship of the giant Al-Shaheen offshore oil field for a period of 25 years beginning July 14, 2017.
S&P Global Platts – OPEC June Output at 32.49 Million b/d to Six-Month HighJul 7, 2017The Organization of the Petroleum Exporting Countries (OPEC) members’ crude output rose 500,000 b/d to 32.49 million barrels per day compared to May, according to the latest S&P Global Platts survey.
Gina Krog on StreamJul 4, 2017At 17.02 CET on 30 June, Statoil started production on the Gina Krog oil and gas field in the North Sea. Statoil and the partners have invested a total of some NOK 31 billion in the development of the Gina Krog field.
|
|
|
Kraken First OilJun 26, 2017EnQuest confirms that first oil from the Kraken development was delivered on 23 June 2017. During the initial ramp-up period, the 13 wells that have been drilled and completed to date...
BP Celebrates 40 Years of Production at Prudhoe BayJun 21, 2017The BP-operated Prudhoe Bay oil field in Alaska has reached 40 years of production, a milestone highlighting its historic contribution to US energy security and ongoing role as a key economic engine...
Final Investment Decision to Proceed with Liza Oil Development in GuyanaJun 19, 2017Exxon Mobil Corporation has made a final investment decision to proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana.
S&P Global Platts – May OPEC Output Up 270,000 at 32.12 Million b/d – Highest Since January 2017Jun 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.
Deepwater Production Begins at Newest FPSO in Brazil Santos BasinMay 26, 2017Royal Dutch Shell plc, through its subsidiary BG E&P Brasil Ltda. (Shell) and consortium partners in Lula South, have announced that deepwater production has started at the FPSO P-66...
Start of Production from Quad 204 Project, West of ShetlandMay 23, 2017BP, on behalf of co-venturers Shell and Siccar Point Energy, has announced first oil from the redeveloped Schiehallion Area, following completion of the multi-billion-pound Quad 204 project...
Petrobras April Production of Oil and Natural GasMay 18, 2017Petrobras total production of oil and natural gas in April stood at 2.72 million barrels of oil equivalent per day (boed), including 2.60 million boed produced in Brazil and 120,000 boed produced abroad.
Wintershall Noordzee B.V. Starts First Oil Production from RavenApr 20, 2017Wintershall Noordzee B.V. has commenced production from its first own-operated Danish oil field.
First Oil Flows from the Flyndre FieldMar 28, 2017Production has begun from the Maersk Oil-operated Flyndre field in the UK and Norwegian North Sea.
Total Brings Moho Nord Deep Offshore Project On StreamMar 16, 2017Total has started up production from the Moho Nord deep offshore project, located 75 kilometres offshore Pointe-Noire in the Republic of the Congo.
Petrobras February Oil and Natural Gas ProductionMar 15, 2017Petrobras’ oil and natural gas production in February totaled 2.82 million barrels of oil equivalent per day (boed), with 2.703 million boed produced in Brazil and 113,000 boed abroad.
Chevron Starts Production at Mafumeira Sul Offshore AngolaMar 9, 2017Chevron Corporation has announced that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from...
|
|
|
|
|
|