The latest published well production data from the Ohio Department of Natural Resources (ODNR) suggests that shale gas production in Ohio contracted by 180 million ft3/d in 4Q 2016, with only 58 new wells turned in line.
PGNiG Upstream Norway, wholly owned subsidiary of PGNiG SA (Polish Oil and Gas Company), purchased share in the Storklakken discovery from Aker BP ASA.
Advanced technology that provides consistent analysis of mud properties during the drilling of oil and gas wells will be showcased for the first time at the AADE (American Association of Drilling Engineers) National Technical Exhibition and Conference.
Statoil resets its exploration in the Gulf of Mexico and was today deemed high bidder on 13 leases in the 2017 Central Lease Sale.
GE Oil & Gas has opened a new facility in Takoradi Port, Ghana, expanding its global footprint and supporting local investment. The company committed to deliver more than 45 000 training hours for Ghanaian personnel over the next five years.
Hybrid coiled tubing services combine diagnostic and intervention capabilities in a single trip downhole.
Keppel FELS Limited has entered into an agreement with Borr Drilling Limited of Bermuda, with the approval of Transocean, whereby the construction contracts for the five jackup rigs currently being built by Keppel FELS for Transocean will be novated to Borr Drilling.
EPCI contract includes supply of subsea production system.
Sacgasco Ltd has significantly strengthened its asset base in the Sacramento Basin, California, through the acquisition of five additional operated natural gas wells from various private Californian entities.
The Johan Sverdrup partnership has now decided to proceed with (DG2) Phase 2 of the Johan Sverdrup development, awarding FEED contracts to Aker Solutions, Kværner and Siemens.
Masirah Oil Limited and its partners have announced that the drilling of exploration well Karamah#1 in Block 50 Oman has started on 17 March 2017.
West Ells Phase II is an expansion of the Phase I project with an additional production capacity of 5000 bpd.
SDX Energy Inc. , the North Africa focused oil and gas company, has announced the commencement of drilling operations on the SD-1X well at its South Disouq concession in Nile Delta area of Egypt.
According to Brand Finance, Shell remains the world’s most valuable oil and gas brand with a brand value of US$37 billion, up from US$31.6 billion last year.
On 9 January 2017, Tullow Oil plc announced that it had agreed to farm-down 21.57% of its 33.33% interests in Exploration Areas 1, 1A, 2 and 3A in Uganda to Total E&P Uganda B.V. (Total) for a total consideration of US$900 million.