Oil & gas news

The American Petroleum Institute (API) has released the following statement from API Senior Vice President of Policy, Economics and Regulatory Affairs Dustin Meyer after the US Environmental Protection Agency (EPA) have proposed a rule to establish a fee on methane emissions.

The project will focus on the development of extended reach needles; small diameter laterals that penetrate the reservoir to increase hydrocarbon recovery.

Alex Beeker, Research Director, Corporate Research for Wood Mackenzie, addresses Chesapeake Energy and Southwestern Energy’s merger and formation of a new US$24 billion natural gas company.

Adaptive Process Solutions (APS) has introduced a new product to the market which will help oil and gas producers increase productivity while improving the environmental footprint of their produced water treatments.

The company has announced that material net revenues in excess of US$18 000 000 have been achieved from the Wressle hydrocarbon development, located within licences PEDL180 and PEDL182 in North Lincolnshire on the western margin of the Humber Basin.

Cairn Oil & Gas has submitted a field development plan to produce more than 2000 boe/d day from its Jaya block.

Jumbo Offshore Installation Contractors has been awarded a contract by MODEC Guyana Inc. for the pre-installation of the mooring spread of the FPSO Errea Wittu, which will be located offshore Guyana.

2023 was an active year on the Norwegian shelf. 92 fields were in operation at year-end, 27 projects were under development and many exploration wells were drilled.

Global Energy Group has been awarded a contract from Subsea7 to fabricate subsea spools and anode sled structure for the East Kameleon project, an Aker BP North Sea field development.

The agreement will enable customers to seamlessly integrate the companies’ drilling automation applications and rig operating systems to deliver improved well construction performance and efficiency.