Drilling & production - 28 May 2015

Deirdre Michie, Chief Executive of Oil & Gas UK, commented on the new Energy Bill.

Premier has announced an oil discovery at the Isobel Deep exploration well 14/20-1 in the North Falkland Basin.

The field’s aggregate production is now approximately 15 000 bpd.

Since the application of a series of regulatory reforms in 2003, Colombia has seen a marked increase in oil, natural gas, and coal production.

Delek Group recorded first quarter net income of NIS210 million, compared with a net loss of NIS195 million in 1Q14.

The Board of Directors of DNV GL Group has appointed Remi Eriksen as the company’s new Group President & CEO.

A new market research report shows growth trend in the global oil and gas drill bits market.

The bill will ensure affordable energy supplies for businesses and families and allow the Oil and Gas Authority (OGA) greater powers.

Comments from a wide source of media, associations and authorities on US crude oil exports.

Company acquires acreage and production from Chaparral Energy