Production News

 

CERAWeek: Colombia in the spotlight

Apr 22, 2015

Colombia yet again made another push this year at IHS CERAWeek in Houston to alert the oil and gas industry that not only is the South American country open for business,  like that of its northern competitor Mexico, but that it is willing…

CERAWeek: Key changes needed

Apr 20, 2015

The global oil and gas industry, and US companies in particular, will require four key changes to expedite recovery from the current slowdown in activity, said Ryan Lance, chairman and chief executive of ConocoPhillips. Ryan made his comments…

NADL, Rosneft delay deal termination

Apr 20, 2015

Norway-based North Atlantic Drilling (NADL) and Russia's Rosneft recently agreed to extend the termination date of the 2014 framework agreement until May 31, 2017. The agreement states that either party can end the agreement, including any offshore drilling contracts…

Karoon confirms Echidna oil

Apr 20, 2015

Karoon Gas Australia confirmed a 213m gross oil column at its Echidna-1 well offshore Brazil. The Olinda Star. From Karoon. The exploration well is located in the Santos basin…

Delta House flows

Apr 17, 2015

Louisiana-based LLOG Exploration Co. began production from the Delta House floating production system (FPS) in the Gulf of Mexico. Delta House. From LLOG. Delta House is located in Mississippi Canyon 254…

Valemon opens

Apr 16, 2015

Petroleum and energy minister Tord Lien opened the Valemon gas and condensate field in the North Sea on 16 April. Expected recoverable reserves from the field are 192 MMboe. Valemon ribbon cutting…

GlobalData: Mexico’s first bidding round struggles

Apr 15, 2015

While the latest revisions to the terms for shallow water areas in Mexico’s first licensing round have increased the attractiveness of the production sharing agreement terms by improving the contractor’s upside potential, the benefits remain…

KrisEnergy begins Rossukon-3ST

Apr 15, 2015

KrisEnergy began drilling the Rossukon-3ST sidetrack well offshore Thailand. Image from KrisEnergy. Rossukon-3ST is located in the G6/48 license that covers 566sq km over the Karawake basin…

Lundin onstream off Malaysia

Apr 14, 2015

Lundin’s first development project offshore Malaysia, the Bertam field, is now onstream, with plans to continue with production from remaining wells throughout 2015. Malaysia drilling operations…

Edvard Grieg topside complete

Apr 14, 2015

The 22,000-tonne topside for the new offshore platform for the Lundin Norway-operated Edvard Grieg field is ready for delivery, in line with the contract awarded three years ago. Image of the Edvard Grieg project…

Nexans powers Gullfaks subsea compression station

Apr 13, 2015

The Statoil-operated Gullfaks gas field in the Norwegian Sea will use Nexans' innovative power umbilicals combining power, fiber-optic and hydraulic lines in a single cross section. The cables were handed over to Statoil this month.  The…

Karoon hits at third Santos well

Apr 13, 2015

Karoon Gas Australia made a discovery at the Echidna-1 exploration well, the third in the Santos drilling campaign, offshore Brazil. Image from Karoon.   According to the Australian company…

Aker, Fjord form WellSep alliance

Apr 13, 2015

Aker Solutions and Fjords Processing have formed WellSep, an alliance to develop technology and capabilities for advanced wellstream separation and treatment solutions for the subsea and topside oil and gas industry. The alliance…

Statoil hits again at Aasta Hansteen

Apr 13, 2015

Statoil confirmed its second discovery in the Aasta Hansteen area with the Roald Rygg prospect in the Norwegian Sea. Map of Roald Rygg. From Statoil.   The gas discovery was made at…

KrisEnergy awards Lengo work

Apr 13, 2015

KrisEnergy awarded Singapore-based Synergy Engineering the front-end engineering and design (FEED) for the Lengo gas development offshore East Java, Indonesia. Image of the Lengo platform. From KrisEnergy…

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