OGI - Oil and Gas International Log on Log off Subscribe
OGI Departments

World Industry News
Exploration & Discoveries
Drilling & Completion
Development & Production
Licensing & Concessions
Geosciences
LNG/LPG
Health Safety Environment
Company News

Oil/Gas Prices & Analysis

Special Features
Technical Reports
Regional Spotlight

New Products & Services
Industry Calendar
Industry Book Reviews
Industry Associations
Industry Links
Search Archives

Upcoming Events
March 26-28
China International Petroleum & Petrochemical Technology & Equipment Exhibition
March 30 - April 1
World IOR & EOR Forum 2015
April 13-14
SPE/IADC Managed Pressure Drilling & Underbalanced Operations
April 14-16
Oiltech Atyrau 2015
April 16-17
Mediterranean Gas & Oil International Conference
April 20-22
Shale Tech Canada
April 20-24
CERAWeek
April 22-23
Turkish International Oil & Gas Conference
More Events
New Products & Services
SeismicTrac seismic while drilling service

Dissolvable plug-and-perf system

Tough, reliable & self-locking fastener

Jereh 4500hhp turbine frac pumper

Submit your new products and services to OGI

New Book Review:
Handbook of Liquefied Natural Gas
by Saeid Mokhatab, John Y. Mak, Jaleel V. Valappil, and David A. Wood
Latest Headlines

Statoil makes key gas discovery offshore Tanzania
(3/30/2015) Statoil has reported achieving a new natural gas discovery offshore Tanzania with its Mdalasini-1 exploration well drilled in Block 2...

Beach drilling Perlubie-3 appraisal in South Australia
(3/30/2015) Cooper Energy has advised that the Perlubie-3 appraisal/development well has been spudded in the western flank of the Cooper Basin...

Kulkulkan jackup delivered to Pemex by Keppel FELS
(3/30/2015) Petroleos Mexicanos has taken delivery of the second jackup drilling rig built specifically for the Mexican national oil company by Keppel FELS...


Vaalco plugging & abandoning 1st well off Angola in Block 5
(3/30/2015) Vaalco Energy has reported its post-salt Kindele-1 well, its first exploration well on Block 5 off Angola, found its target sands to be water-bearing...

Rampart takes operatorship of Western Australia block from Neon
(3/30/2015) Rampart Energy has obtained an 80% interest and operatorship of Western Australia's offshore exploration permit via agreement with Neon Energy...

Northcote links with Gaia Ecologica to provide Mexico services
(3/30/2015) Northcote Energy has entered into an agreement with Gaia Ecologica to jointly evaluate and pursue opportunities in the Mexican oil and gas sector...

Yinson contracts Scana for Ghana OCTP FPSO equipment
(3/30/2015) Scana Industrier's subsidiary, Scana Offshore Vestby, has won a contract for delivery of mooring equipment to Yinson Production West Africa...

BP terminates contract with Seadrill for semi West Sirius
(3/30/2015) BP has terminated its contract with Seadrill Partners for employment of the semisubmersible drilling rig West Sirius, effective on current well completion...

Romgaz puts 2 new discoveries on production tests
(3/30/2015) Societatea Nationala de Gaze Naturale is production testing two new gas discoveries in Romania's Moldavian Platform and Transylvanian Basin...

US Seismic Systems suspends operations
(3/30/2015) Acorn Energy subsidiary US Seismic Systems has suspended operations, terminated all employees, and is selling its assets to pay creditors...
KrisEnergy's Thai Gulf Rossukon sidetrack penetrates pay
(3/30/2015) KrisEnergy has concluded drilling of its Rossukon-2ST sidetrack exploration well in Block G6/48 in the Gulf of Thailand, which followed the Rossukon-2...

2H Offshore contracted for Norway's Johan Sverdrup Field
(3/30/2015) Acteon's 2H Offshore has been awarded a contract by Statoil for tieback conductor, platform conductor, and surface riser engineering analysis...

New Zealand launches its Block Offer 2015
(3/30/2015) The Energy and Resources Ministry of New Zealand has launched its Block Offer 2015 with three release areas onshore and four offshore...

Terra Nova prepping for South Australia drilling campaign
(3/30/2015) Terra Nova Energy has completed heritage clearances and environmental assessments for its upcoming drilling campaign in South Australia...

Yemen LNG exports continue despite air strikes & evacuations
(3/30/3015) Total has advised its operated Balhaf liquefied natural gas plant and export terminal on Yemen's Arabian Sea coast continue to function normally...

Resolute selling non-core Midland Basin assets in West Texas
(3/30/2015) Resolute Energy has entered into a definitive agreement to sell certain non-core assets in the Midland Basin part of the Permian Basin in West Texas...
ExxonMobil puts US Gulf Hadrian South on production
(3/30/2015) ExxonMobil has begun production in the deepwater US Gulf of Mexico at its Hadrian South Field, a subsea development in Keathley Canyon tied back...

Harkand wins Maersk North Sea DSV services contract
(3/30/2015) Harkand has secured a multi-million dollar contract with Maersk Oil North Sea for the provision of dive support vessel services in the North Sea...

New Brunswick bans fraccing for year to allow study
(3/29/2015) New Brunswick has joined Canada's Quebec, Labrador and Newfoundland, and Nova Scotia Provinces in prohibiting hydraulic fracturing...

Jereh & Plexus to become China's sole subsea wellhead supplier
(3/29/2015) Jereh Group has formed an alliance with Plexus Holding to be its strategic partner in the manufacture and sales of Plexus wellhead products...

Pertamina to takeover East Kalimantan Mahakam Block
(3/29/2015) Pertamina is to assume operatorship of the Mahakam Block offshore East Kalimantan, Indonesia on 1 January 2018, replacing Total...

Shell moving rigs to Alaska to resume Arctic drilling
(3/29/2015) Royal Dutch Shell has commenced mobilization of two drilling rigs to Alaska's sector of the Chukchi Sea where it hopes to resume exploration...

Noble nixes Ruth C license due to uncertain Israel regulations
(3/29/2015) Noble Energy has relinquished its operating interest in the Ruth C Block in the Eastern Mediterranean offshore Israel due to disagreement...

Libyan oil production increases to 622,000 b/d
(3/29/2015) The Libyan National Oil Corporation has advised that crude oil production and exports have grown to 622,000 b/d after being as low as 275,000 b/d...

Ethiopia sees gas production in 2017
(3/29/2015) Ethiopia's Prime Minister Hailemariam Desalegn said this weekend his country expects to commence production and export of natural gas...

UK North Sea trade unions ready to strike
(3/27/2015) Trade unions Unite and GMB have voted in favor of a strike ballot by members working offshore in the UK sector of the North Sea...

US working rotary rig count down only 21 this week
(3/27/2015) Baker Hughes has reported that the loss in number of working rotary rigs in the United States was the least this week in well over a month...

Sigma Cubed signed for Australia field development services
(3/27/2015) Sigma Cubed has been selected by Paltar Petroleum to deliver multi-year, onsite project management, engineering, and operations services...

Petrel software contract penned by Chevron & Schlumberger
(3/27/2015) Schlumberger has signed a long-term software contract with to provide universal access to the Petrel E&P software platform across Chevron...

Egdon's Penistone Flags flowtest in Wressle-1 positive
(3/27/2015) Egdon Resources has concluded the second Penistone Flags flowtest at the Wressle-1 oil and gas discovery well in Lincolnshire, England...

Statoil gets go-ahead for wildcat near Gina Krogh
((3/27/2015) The Norwegian Petroleum Directorate has granted Statoil a permit to drill a wildcat well in the Norwegian sector of the central North Sea...

Mexico extends exploration period for coming licenses
(3/27/2015) Mexico's Comision Nacional de Hidrocarburos has advised that the licensing rounds later this year will offer extended exploration periods...

Chevron quits Australia's Nappamerri Trough Gas Project
(3/27/2015) Beach Energy has advised that Chevron Exploration Australia 1 will not participate in Stage 2 of the Queensland and South Australia project...

Statoil laying Polarled export pipeline from Aasta Hansteen Field
(3/27/2015) Statoil has reported commencement yesterday of the laying of the Polarled pipeline from the Aasta Hansteen Field in the Norwegian Sea to shore...

Helix in new multi-year US Gulf contract with Shell
(3/27/2015) Helix Energy Solutions has entered into a new multi-year contract with Shell to provide well intervention services in the US Gulf of Mexico with its Q4000...

Chevron selling owning interest in Caltex Australia
(3/27/2015) Chevron Corporation's wholly owned subsidiary Chevron Global Energy has entered into an underwriting agreement for the sale of its 50% shareholding...
 For more headlines, select from OGI Departments at top left
From the Editor

US oil boom far from over

Dev George
Managing Editor


The phenomenal growth in oil production in the United States due to spectacularly successful shale oil projects primarily in Texas and North Dakota appears to have been stymied over the past few months by the plunge in oil prices and the spending cuts it produced. The increase in US oil output isn't over, however, disappointing as that may be to the big producers in the Organization of Petroleum Exporting Countries (OPEC)...⇒⇒⇒
Latest Editorials
Oil/Gas Prices & Analysis
Yesterday's gains lost on Iran talks & Yemen worries

(3/27/2015) That big surge in crude futures prices yesterday was reversed today as traders at both the New York Mercantile Exchange (Nymex) and the Intercontinental Exchange (ICE) in London acted on anticipation that next week's negotiations between the West and Iran on its nuclear program will produce an agreement that will trigger the lifting of sanctions on Iran and thereby a return to Iranian oil exports of around 2.5 million b/d or more within months...⇒⇒⇒
Feedback
Email your comments and suggestions on this site or any of its articles
Read Feedback comments
What's New



Tools
Glossary

World Time Zones

Measurement Conversions

Currency Converter

About This Site | Contributer's Guide | Newsfeed Services | 2015 Advertising Info | Contact Us


©Copyright 2001-2015, Oil and Gas International, all rights reserved. ISSN: 155-7440.
Republication or redistribution of any content in the Oil and Gas International website and newsletter, whether by caching, framing, or any similar means, is completely prohibited without advance consent in writing from Oil and Gas International. The content, including articles, maps, graphics, and site information, may not be copied, reproduced, modified, rewritten, or republished in any form, written or electronic, without written permission from Oil and Gas International. The OGI globe logo and Oil and Gas International are registered trademarks. For permissions, Contact Us.