Drilling & production - 23 February 2016

Transerv Energy has stated that Warro-6 onshore well in Western Australia is flowing gas naturally while Warro-5 continues to clean up with the aid of a jet pump.

The new collaborative approach could the potential of small pools of hydrocarbons in the North Sea.

Oil and gas UK's Activity Survey shows that while North Sea costs have dropped to 40% and activity outlook signals urgent need for tax reform.

Growth generated through expansion of technical capabilities including a recent upgrade of company’s circulation tool and additional investment in support staff.

New technologies from Churchill Drilling are enhancing product capabilities and generating regional growth.

The three offshore fields are expected to produce up to 25 million cubic metres of gas per day.

Beach Energy Ltd has announced the commencement of Mr Matthew Kay as its Chief Executive Officer on 2 May 2016.

Statoil declared 28 October 2015 dividend per share of US$0.2201 for third quarter 2015.