Site Navigation 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 May 26-29 2013 APPEA Conference & Exhibition June 2-5 Oman EPC Project Conference June 4-7 International Caspian Oil & Gas Exhibition June 5-7 OGA 2013 - Asian Oil, Gas & Petrochemical Engineering Exhibition June 5-7 SPE International European Formation Damage Conference June 6-7 5th Unconventional Hydroarbons Summit 2013 June 8-11 Society of Petroleum Evaluation Engineers Annual Meeting June 10-13 EAGE European Association of Geoscientists & Engineers Conference & Exhibition June 11-13 GO Expo Gas & Oil Exposition & Conference More Events New Products/Services Continuous motion drilling rig Deepwater BOP Blind Shear Ram Remotely welded retrofit subsea hot tap tee New user friendly formation evaluation system To submit new products or services click here New Book Review: Shale Oil Production Processes by Dr James G. Speight Latest Headlines Big gas & condensate discovery off India's east coast (5/24/2013) Reliance Industries Limited and its partners BP and Niko Resources have reported a significant gas and condensate discovery in the Bay of Bengal... Horizon selling major stake in PNG assets to Osaka Gas (5/24/2013) Horizon Oil has advised it has entered into an agreement to sell 40% of its Papua New Guinea assets to Osaka Gas for US$204 million... Wintershall to drill Norwegian North Sea Amol Prospect (5/24/2013) Bridge Energy has revealed that operator Wintershall intends to drill an exploration well on the Amol Prospect in PL457 during the next quarter... KJO kicks off 7th platform operations on Kuwait-Saudi Al-Khafji Field (5/24/2013) Al-Khafji Joint Operations has commenced operations on platform seven in the Al-Khafji Field offshore gathering station in the Persian Gulf... Oceaneering wins Saipem umbilicals contract off Egypt (5/24/2013) Oceaneering International has secured a contract from Saipem to supply umbilicals for the Burullus West Delta Deep Marine Phase IXa development... Petrobras taps down tests of pre-salt Florim discovery (5/24/2013) Petroleo Brasileiro has completed drilling and conducted a formation test in its Florim pre-salt exploration well in the Santos Basin offshore Brazil... 3D Oil awarded new offshore permit in Tasmania's Otway Basin (5/24/2013) 3D Oil has advised it has been awarded a new exploration permit in the offshore Otway Basin of Tasmania as a result of its bid in the 2012 round... GDF Suez contracts Bifab to construct Cygnus Field platform (5/24/2013) GDF Suez E&P UK has awarded the construction contract for the UK North Sea Cygnus Field quarters and utilities platform to Burntisland Fabrication... Cepsa makes Colombia Llanos Basin oil & gas discovery (5/24/2013) Compania Espanola de Petroleos has made an oil discovery with its Curiara-1 exploration well on the El Porton Block in Colombia... Petroceltic plugs & abandons 1st of 4 Black Sea test wells (5/24/2013) Petroceltic International has failed to find significant hydrocarbons with the first of its four western Black Sea exploration wells in the Galata Block... Seven rigs exit US working rotary rig fleet this week (5/24/2013) Baker Hughes has reported that there were seven fewer working rotary rigs in the United States fleet this week, dropping the count to 1,762... High pressures suspend Salamander's Bedug well (5/24/2013) Salamander Energy has been forced to suspend its Bedug-1 exploration well in the Bontang Block offshore East Kalimantan, Indonesia... DNO's Tawke Field in Kurd Iraq at 100,000 b/d (5/24/2013) DNO International has advised that oil production from the Tawke Field in the Kurdistan Region of Iraq has averaged over 100,000 b/d over 72 hours... Falcon & NIS drilling 1st of 3 wells in Hundary's Mako Trough (5/24/2013) Falcon Oil & Gas has advised that Naftna Industrija Srbije has executed a drilling contract with DrillTec for a multiwell drilling program in Hungary... Pancontinental concession off Namibia said to harbor 8.7 billion bbl oil (5/24/2013) Pancontinental Oil & Gas has received an independent estimate of the resource potential in its license offshore Namibia indicating 11 oil leads... Santos scores again with latest Cuisinier well in Queensland (5/24/2013) Bengal Energy has reported the Cuisinier-11, fourth well in the 2013 Cuisinier appraisal drilling campaign, has been cased as a future oil producer... InterOil & Pacific LNG in deal with ExxonMobil for LNG gas source (5/24/2013) InterOil and partner, Pacific LNG, have entered into negotiations with ExxonMobil Papua New Guinea on the development of Block PRL15... Statoil acquires stake in Tanzania block from Petrobras (5/24/2013) Statoil has acquired a working interest in a deepwater block offshore Tanzania in the Indian Ocean from the operator, Petrobras Tanzania... Only one pre-salt field to be auctioned in Brazil's 1st pre-salt round (5/23/2013) Potentially one of the largest discoveries in the pre-salt play to date, the deepwater Libra Field in Brazil's Santos Basin will be auctioned... CNOOC installing topsides on Liwan 3-1 platform (5/23/2013) China National Offshore Oil Company has reached the final stage in installing the 30,000-ton topsides on the Liwan 3-1 Field platform... ConocoPhillips to drill sidetrack to Proteus-1 after plugback (5/23/2013) Karoon Gas Australia reported this morning an 8.5-inch drilling assembly was being made up in preparation for resuming drilling the Proteus-1... Otto set to drill 2 producers on Philippines' Galoc Field (5/23/2013) Otto Energy, the operator of the producing Galoc oilfield offshore the Philippines, is preparing to drill the Galoc-5H and Galoc-6H wells... Alaska North Slope mag data & interpretation contracted from Fugro (5/23/2013) Polar Petroleum has signed an agreement with Fugro Gravity & Magnetic Services to license magnetic data and receive interpretation services... KUB-Gas sees 4 possible gas zones in Ukraine well (5/23/2013) Kulczyk Oil Ventures subsidiary KUB-Gas has identified four potential gas zones with an aggregate thickness of 23 meters in the Olgovskoye-15... WesternZagros kicks off Kurd Iraq Garmian drilling program (5/23/2013) WesternZagros Resources has started its latest Garmian Block drilling program in Kurd Iraq with its Mil Qasim Upper Bakhtiari-1 exploration well... Latest version of Paradigm synchronized software released (5/23/2013) Paradigm has launched the latest upgrade to its synchronized software release to deliver significant advances across the entire E&P chain... Polar Petroleum acquires 12 more Alaska North Slope leases (5/23/2013) Polar Petroleum has signed a letter of intent to acquire 100% interest in the 12 offshore oil and gas leases in Alaska's North Point Thomson Project... ONGC sells stakes in four Indian coalbed methane blocks (5/23/2013) Oil and Natural Gas Corporation has sold minority interests in four of its CBM Jharia, Bokaro, North Karanpura, and South Karanpura Blocks... Nighthawk strikes sizeable oil column in Colorado Smoky Hill Project (5/23/2013) Nighthawk Energy has discovered a substantial oil column with its Big Sky exploration well in its Smoky Hill Project in the Denver-Julesburg Basin... PNR puts Texas Wolfcamp Shale well onstream at 1,572 boe/d (5/23/2013) Pioneer Natural Resources (PNR) has placed on production the company's first horizontal Wolfcamp Shale well in Martin County, Texas, the Mabee K-1H well... FMC supplying subsea equipment for Shell's US Gulf Stones Field (5/23/2013) FMC Technologies has received an order from Shell E&P USA for the supply of subsea equipment to support the Stones Field development... Three new TGS multi-client surveys getting underway (5/23/2013) TGS Geophysical has advised it will commence two new 3D multi-client surveys and one 2D multi-client survey this year in the USA and Denmark... Bengal in JV with Beach for Queensland, Australia Tookoonooka E&P (5/23/2013) Bengal Energy has agreed to form a strategic joint venture for the exploration and development of its 100% owned Tookoonooka Block... Norway's PSA okays 3 rigs to operate in Norwegian waters (5/23/2013) The Petroleum Safety Authority of Norway has given its consent for the two semisubmersible drilling rigs and one jackup to drill in Norwegian waters... Technip wins Adma-Opco flare project off Abu Dhabi (5/23/2013) The Adma-Opco unit of Abu Dhabi National Oil Company has selected Technip to provide flares modification and revamping at Das Island... Wireless Seismic system set for Michigan shoot (5/23/2013) Wireless Seismic has sold its RT System 2 realtime, cable-free seismic data acquisition system to West Bay Geophysical for Michigan deployment... For more headlines check each department in Site Navigation. From the Editor Safety enforcement & survival training can cut offshore worker fatalities Dev George Managing Editor Just as this year's Offshore Technology Conference (OTC) got underway in Houston, it was revealed by the US Centers for Disease Control that the US upstream oil and gas industry has seven times the number of fatal accidents among its workers than all other US industries - a statistic that probably applies to oil and gas workers around the world...Full Editorial Click here for prior editorials. Oil/Gas Prices & Analysis Prices dive across the board on build in gasoline & crude stocks (5/22/2013) Traders at the New York Mercantile Exchange (Nymex) and the Intercontinental Exchange (ICE) in London send all of our monitored benchmarks significantly lower than their settlements of yesterday as they responded to the build in US gasoline stocks as reported by the US Energy Department's Energy Information Administration (EIA) at 3 million bbl last week. It also said that crude inventories were down 338,000 bbl, but noted that the Cushing...Latest prices and analysis Feedback Click here to email your comments and suggestions on this site and any of its articles. Click here to read feedback comments. What's New Tools Glossary World Time Zones Measurement Conversions Currency Converter About This Site | Contributer's Guide | Newsfeed Services | 2013 Advertising Info | Contact Us ©Copyright 2001-2013, 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.