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Latest Headlines

Eni makes deepwater oil discovery offshore Angola
(9/17/2014) Ente Nazionale Idrocarburi has reported a new oil discovery offshore Angola in its operated deepwater block on the Ochigufu Prospect...

PPL makes gas discovery with Sindh Adam West X-1 find
(9/17/2014) Pakistan Petroleum Limited has achieved another gas-condensate discovery six weeks after its last discovery in Pakistan's Sindh Province...

Leni puts another Trinidad Goudron Field well onstream
(9/17/2014) Leni Gas & Oil's GY-665 well on the Goudron Field onshore Trinidad has seen production tests from the Gros Morne Sandstones and is producing...

SAGD producing well recompleted for production
(9/17/2014) The Sawn Lake steam assisted gravity drainage demonstration project is well underway in the Peace River oil sands region of northern Alberta...

Newbuilt Ensco 122 in Netherlands for NAM drilling
(9/17/2014) Ensco has reported that its newbuilt Ensco 122 jackup drilling rig has arrived in the Netherlands after delivery by the Keppel FELS Yard...

Petrobras contracts GE for subsea manifold systems
(9/17/2014) GE Oil & Gas has received a contract valued at more than US$300 million from Petroleo Brasileiro for the supply of subsea manifold systems...

3Legs withdrawing from 3 Poland Western Baltic Basin blocks
(9/17/2014) 3Legs Resources has revealed it is withdrawing from its joint venture with ConocoPhillips covering three blocks in Poland's Western Baltic Basin...

Saudi Aramco signs Aqualis for 3 years of rig moving servicers
(9/17/2014) Aqualis Offshore has signed a rig moving services contract with Saudi Aramco to provide offshore rig moving services the next three years...

RWE Dea wins 2 Gulf of Suez Blocks offshore Egypt
(9/17/2014) RWE Dea has been awarded two new offshore concessions in the Gulf of Suez with its winning bids in the 2013 Egyptian International Bid Round...

Statoil sidelines COSL Pioneer for 4th quarter
(9/17/2014) Statoil has revealed it is laying up the semisubmersible drilling rig COSL Pioneer during the fourth quarter due to overcapacity in its rig portfolio...

Vitesse adds 19,000 acres to North Dakota Williston assets
(9/17/2014) The Vitesse Energy subsidiary of Leucadia National Corporation has acquired non-operated oil and gas assets from EnerVest Operating...

Hurricane Lancaster discovery tests show production potential
(9/17/2014) Hurricane Energy has substantially completed post-well data analysis following the successful testing of its horizontal appraisal well...

Swala awarded Zambia's Block 44 exploration rights
(9/17/2014) Swala Energy has been formally awarded hydrocarbon exploration rights for Block 44 in the Republic of Zambia following an offer of the concession...

Swissco buys liftboat for Southeast Asia operations
(9/16/2014) Swissco Holdings has acquired its first liftboat for approximately US$56 million that is expected to be completed within two years and deployed...

Buru completes Western Australia Ungani 1st1 workover
(9/16/2014) Buru Energy has reported the first phase of the Ungani 1st1 workover has been completed with running a downhole plug and a cement bond log...

FPSO Cidade de Ilhabela sails for Brazil's Sapinhoa Field
(9/16/2014) The newbuild Cidade de Ilhabela floating production, storage, and offloading vessel has sailed from Brazil's Niteroi-Rio Brasa Shipyard...

Barrett swapping Powder River Basin for NE Wattenberg acreage
(9/16/2014) Bill Barrett Corporation has revealed it is exchanging its Powder River Basin acreage for assets in the southern block of Northeast Wattenberg...

Beach starts stim program at Queensland Hervey-1 well
(9/16/2014) Operator Beach Energy has begun hydraulic stimulation of the Hervey-1 exploration well in Queensland, Australia's ATP855 permit area...

PGNiG puts Poland's Lisewo-2 Fences well on production
(9/16/2014) FX Energy has reported the operator of the Fences Concession onshore west-central Poland has commenced production from the Lisewo-2 well...

GDI orders another KFELS B Class jackup from Keppel FELS
(9/16/2014) The Keppel FELS subsidiary of Keppel Offshore & Marine has secured a contract from Gulf Drilling International to build a repeat high-spec jackup...

Ophir scores gas discovery off Equatorial Guinea
(9/16/2014) Ophir Energy has reported its Silenus East-1 exploration well in Block R in the Equatorial Guinea sector of the Gulf of Guinea is a new gas discovery...

One death & 2 injuries in platform explosion off Louisiana
(9/16/2014) An explosion on a Chevron-operated gas gathering platform in the US Gulf of Mexico offshore Louisiana has taken the life of a maintenance worker...
AleAnna prepping to drill Ponte dei Grilli prospect in Italy
(9/16/2014) AleAnna Resources has submitted a drilling application for the Armonia Prospect in the Ponte dei Grilli Block in northern Italy's Po Valley...

InterOil drilling Antelope-4 on PNG's Elk-Antelope Field
(9/16/2014) InterOil Corporation has reported commencement of drilling on the first of at least two new wells on Papua New Guinea's Elk-Antelope Field...

Genie adds 25,000 sq km oil shale acreage in Mongolia
(9/16/2014) Genie Energy subsidiary Genie Oil Shale Mongolia has signed a prospecting agreement with the Petroleum Authority of Mongolia...
TAG plugging & abandoning New Zealand Waitangi Valley-1
(9/16/2014) After encountering extreme drilling conditions, including high pressure shallow hydrocarbon zones, TAG Oil has advised it will plug and abandon...

Noble Energy signs SBM for US Gulf production handling
(9/16/2014) SBM Offshore has reported concluding a production handling agreement with Noble Energy to produce the Big Bend and Dantzler Fields...

New MC 2D seismic project off Scotland in Rockall Basin
(9/16/2014) A trio of geophysical contractors have concluded acquisition of the second phase of the Rockall Regional multi-client 2D seismic project off Scotland...

Vanguard paying Bill Barrett $525 million for Colorado assets
(9/16/2014) Vanguard Natural Resources has agreed to acquire natural gas, oil, and natural gas liquids assets in the Piceance Basin in Colorado...

 For more headlines, select from OGI Departments at top left
From the Editor

Re-fracturing existing wells a practical new trend

Dev George
Managing Editor

Hydraulic fracturing is here to stay and if done right and responsibly has none of the negative effects anti-frac factions would have us believe, such as earthquakes and aquifer contamination, and is the single most important reason for the shale boom and its propulsion of US oil and gas production over the past few years...⇒⇒⇒
Latest Editorials
Oil/Gas Prices & Analysis
All but Tapis rise on expected OPEC production cut

(9/16/2014) With the expiration of October contracts, traders at the New York Mercantile Exchange (Nymex) and London's Intercontinental Exchange (ICE) sent crude futures' prices higher on OPEC Secretary General Abdallah El-Badri's statement today that he expect the cartel to lower its oil production target by 500,000 b/d to 29.5 million b/d at its next meeting in November and on new threats to supply arising in Libya and Ukraine...⇒⇒⇒
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