Archives March 2013

Mar
8
2013

St. Malo Lower Tertiary oil flow rate tops 13,000 b/d

Chevron Corp. has disclosed that it flow-tested the initial development well in St. Malo field in the deepwater Gulf of Mexico last year at an equipment-constrained rate of more than 13,000 b/d of oil. Source: Oil Gas Journal  

Mar
8
2013

ConocoPhillips planning to divest some LNG, oil sands assets

ConocoPhillips is planning to sell some of its interest in the Australia Pacific LNG project and in the Canadian oil sands in a strategy to devote more cash to US shale plays, ConocoPhilips Chief Executive Ryan Lance said during a Feb. 28 investor and analyst meeting. Source: Oil Gas Journal  

Mar
8
2013

Hess reports drilling results offshore Ghana

Hess Corp. announced that it has completed drilling its seventh exploratory well, Pecan North-1, on deepwater Tano-Cape Three Points block offshore Ghana. Source: Oil Gas Journal  

Mar
8
2013

Delphi Energy brings Montney horizontal wells on stream

Delphi Energy Corp. of Calgary reported encouraging results from its initial development of its Montney play at Bigstone where Delphi last year brought three horizontal Montney wells on stream and recently brought on stream a fourth horizontal well (OGJ Online, May 22, 2012). Source: Oil Gas Journal  

Mar
8
2013

US drilling rig count slides 1 unit to 1,761

The US drilling rig count dropped by 4 units during the week ended Mar. 1, with the total number of rotary rigs reaching 1,757, Baker Hughes Inc. reported. That compared with 1,989 rigs working in the comparable week last year. Source: Oil Gas Journal  

Mar
8
2013

Watching Government: Dalrymple's different problems

Governors descended on Washington, DC, Feb. 23-25 eager to exchange ideas and share experiences at the National Governors Association’s 2013 Winter Meeting. Source: Oil Gas Journal  

Mar
8
2013

Transferred geothermal energy heats wellbore

Theoretical calculations and laboratory experiments have demonstrated the feasibility of heat transfer with a sucker rod string. Liaohe field tests of the wells show this technology can heat the wellbore in steam-stimulated wells. Source: Oil Gas Journal  

Mar
8
2013

Governor wants Ohio to 'modernize' severance tax

It’s time for Ohio to “modernize” its severance tax so the state can more fully benefit from oil and gas discoveries there, Gov. John Kasich (R) said in his 2013 State of the State address. Source: Oil Gas Journal  

Mar
8
2013

Apache gauges Egypt Khalda, Abu Gharadig oil, gas

Apache Corp. has completed an oil and gas-condensate discovery on the north flank of the Khalda Ridge producing complex in the Western Desert of Egypt, a country in which the company plans to drill 270 wells in 2013, including more than 60 exploratory wells. Source: Oil Gas Journal  

Mar
8
2013

North Sea Cormorant platform incident shuts down Brent pipeline system

Abu Dhabi National Energy Co. (TAQA) confirmed a hydrocarbon release was detected in one of the Cormorant Alpha platform legs in the northern UK North Sea, adding there was no hydrocarbon release into the sea or air. Source: Oil Gas Journal  

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