Oil & gas news
Bright future set for subsea processing
A new DNV GL research paper outlines highs and lows of an ‘all subsea’ solution.
Tendeka opens new facility in the US
Tendeka has invested in a bespoke completions, manufacturing and operations facility in Texas to support its global growth.
Energen adds oil hedges for 2016
Energen’s 2015 hedge position has increased by 2.9 million bbls of oil.
Oilfield costs fall following decline in oil prices
EIA: As oil prices declined, energy production companies focused efforts on increasing operating efficiencies.
Contract from Karachaganakskoye gas field extended until 2038
The sales and purchase contract for Karachaganakskoye gas and condensate field has been extended until 2038.
KrisEnergy begins oil production at Nong Yao field
Independent upstream oil and gas company, KrisEnergy Ltd., has recently announced that oil production from the Nong Yao field has commenced.
Solstad Offshore returns to Gibdock
“Solstad Offshore is a repeat customer that we hold in very high regard and we were delighted to welcome them back again.”
LMKR launches GeoGraphix 2015
Software designed to enable geoscience in a ~US$50/bbl market.
Wintershall selling assets on the Norwegian Continental Shelf
Wintershall is selling selected assets, such as its share in the Maria Development, to prioritise its own-operated assets.
Breitling Energy shares Permian Basin fracking operations update
Breitling Energy Corporation has announced hydraulic fracturing of its Hoppe ‘63’ #1 well in the Permian Basin of West Texas.