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Drilling & production - 30 September 2016


Statoil: high activity in deep water

This spring and summer saw buzzing activity at water depth of 1300 m on the Aasta Hansteen field. Four vessels have carried out successful field operations for nearly 200 days.


OPEC agrees to curb oil output

Oil prices have surged by more than 5% in the wake of OPEC’s commitment to cut output for the first time in eight years.


Range Resources announces reserves and resources update

Range has announced that independent petroleum consultants, Rockflow Resources Limited (Rockflow), have completed an evaluation and independent audit of the company's oil and gas reserves and resources in Trinidad.


DW:Bright spots in the oversupply

The new quarterly update of Douglas-Westwood’s World Drilling and Production Market Forecast (DWD&P) has been released.