Drilling & production - 28 September 2015

US oil drillers cut rigs for 4th week

Monday 28 September 2015 14:15

According to Reuters, US energy firms have cut oil rigs for a fourth week in a row.

Monday 28 September 2015 13:15

According to Reuters, KMG EP is to increase its capital expenditure during 2015 in order to pay for the drilling of additional wells.

Monday 28 September 2015 11:00

According to GlobalData, gas processing capacity is set to increase, driven by the US and the Middle East.

Monday 28 September 2015 10:00

According to Reuters, Statoil has decreased the initial costs of developing the Johan Sverdrup oilfield.

Monday 28 September 2015 09:45

Australia is defending its rights over an oil and gas pipeline in the Timor Sea.