Drilling & production - 23 February 2015

Exxon Mobil Corporation has announced that it replaced 104% of its 2014 production by adding proved oil and gas reserves totalling 1.5 boe.

Economic outlook positions Ontario as one of the growth leaders.

Cooper Basin NTNG exploration update.

Gulfsands Petroleum plc has provided an update on drilling activities in Morocco.

The board of directors has approved a 6% increase in the dividend on shares of the company's common stock to US$2.80 per share.

Industry-critical mattress decommissioning research commences.

The American Petroleum Institute has said that Arctic energy is critical to the US economy and national security.

Maersk Oil UK’s use of Intelligent Tracer technology to be presented at upcoming SPE Aberdeen event.

A selection of announcements recently made from companies and organisations active in the global oil and gas sector.

On 21 February Statoil and its partners started up production from Oseberg Delta 2 in the North Sea.

The Canadian Association of Petroleum Producers has said that natural gas producers have welcomed the tax reclassification for LNG facilities.

The construction progress of the production facilities for the OOO LUKOIL-Volgogradneftepererabotka Refinery assessed.

According to the USGS, the area above the Arctic Circle holds approximately 90 billion bbls of undiscovered, technically recoverable oil.