Drilling & production

Encana has announced a highly focused 2015 capital program with approximately 80% directed to four of its highest margin growth plays; the Montney, Duvernay, Eagle Ford and Permian.

Alvopetro Energy Ltd. announced that the 197(2) well in the State of Bahia, Brazil, has discovered natural gas.

During the test the well delivered in excess of 5000 bpd oil and 14 million standard ft3 of gas per day.

Aqualis Offshore has already started supporting Atwood on three rig moving projects in the Asia Pacific region.

Some of the latest contract news from companies active within the global oil and gas industry.

SBM Offshore announces that Sietze Hepkema has decided to retire as Chief Governance and Compliance Officer.

Providing close to 80 million bbls of oil equivalent, the development will extend the lifetime of the Gullfaks A platform.

Management board of SBM Offshore provide end of year results for 2014.

According to the Institute for Energy Research (IER), it is worth highlighting the tremendous impact that US production – and hence, US government policy – has had on falling oil prices.

Figures show an average daily production of 1 939 000 bbls of oil, NGL and condensate.

Subsea 7 S.A. awarded an installation contract in the US Gulf of Mexico.

NCS Multistage awards resettable-packer license to Thru Tubing Solutions.

2H Offshore to deliver lightweight conductor-supported platform offshore Malaysia.

Richard Palmer analyses a major issue of the moment in Australian oil and gas.

Ageing pipelines and rising demand pose questions for operators and regulators.