Drilling & production

Alta appraisal wells in PL609 in the Barents Sea South completed successfully.

The profile of the Nigerian oil and gas industry has gone through greater transformation than seen in previous decades.

Lonestar Resources Ltd has provided an operations update to its investors.

The Moambe well has been drilled to its planned total depth of 1769 m.

MicroSeismic Inc. has announced that its field tests have successfully calculated reservoir drainage volume and provided early estimates of production.

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, gives a progress update on its flagship BNG asset.

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

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

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

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

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

Pan Orient has provided an update on the Akeh-1 exploration well.

Lubbers Logistics BV’s UK Sales Manager won the Rising Star award.

Prysmian Group has signed an agreement to acquire 100% of the privately-held company.

Danick Resources Inc. has announced that His Excellency Jose A. Ruiz has become a member of the company’s Advisory Board.