Drilling & production

Energen’s 2015 hedge position has increased by 2.9 million bbls of oil.

The sales and purchase contract for Karachaganakskoye gas and condensate field has been extended until 2038.

EIA: As oil prices declined, energy production companies focused efforts on increasing operating efficiencies.

Independent upstream oil and gas company, KrisEnergy Ltd., has recently announced that oil production from the Nong Yao field has commenced.

Wintershall is selling selected assets, such as its share in the Maria Development, to prioritise its own-operated assets.

Breitling Energy Corporation has announced hydraulic fracturing of its Hoppe ‘63’ #1 well in the Permian Basin of West Texas.

EY calls for governments to introduce new incentives and adjustments to tax regimes required in the current price environment to support the oil and gas industry.

The Kearl expansion project begins production ahead of schedule and production capacity increases to 220 000 bpd.

FX Energy begins drilling Miloslaw-4K Well in Poland

AnTech Ltd, a specialist in product technologies for the upstream oil and gas industry, reports that overall sales are up by 52%.

Rystad Energy examine the state of the US fracking industry.

Peterson and Veolia have announced new decommissioning facility, located in Great Yarmouth.

Upstream oil and gas deals activity, including capital markets and mergers and acquisitions (M&A), totalled US$23.5 billion from 114 transactions in May 2015, says GlobalData.

Global workforce solutions provider to supply talent acquisition services for BP’s giant Rumaila and Kirkuk oilfields.

The newly constructed machine shop will enable specialised service offerings.