Drilling & production - 06 January 2014

Production from the Eagle Ford Shale will continue to grow in 2014, fuelling a reduction in net crude imports.

According to the US Energy Information Administration, shifting production and demand patterns altered oil markets in 2013.

Endeavour International Corporation gives an update on well production at the Rochelle field, UK North Sea.

Statoil has been awarded block 6 in the East Greenland licence round and has also made recent oil and gas discoveries in exploration wells in the North Sea.

Steven Kopits, Douglas-Westwood New York, explains how surplus oil from rapid US unconventionals growth is unlikely to harm the deepwater industry.

Air Charter Service has assisted evacuations out of South Sudan for oil and gas company employees.