Archives April 2013

Apr
30
2013

API: US shale well expenditures surged in 2011

The number of US unconventional oil and natural gas wells drilled in 2011 totaled 10,173 with an expenditure of $65.5 billion, estimated API’s 2011 Joint Association Survey on Drilling Costs report. …read more Source: Oil Gas Journal  

Apr
30
2013

ADNOC picks Shell for Bab sour gas work

Abu Dhabi National Oil Co. selected Shell as its partner to develop sour gas reservoirs in giant Bab gas-condensate field 150 km southwest of the city of Abu Dhabi to supply the local market. …read more Source: Oil Gas Journal  

Apr
29
2013

Norway orders BP to review its safety management system for spill from Ula oil field

The Petroleum Safety Authority Norway (PSA) has order BP PLC to review its managements systems, and PSA gave BP until September for the review regarding a September 2012 leak at Ula oil field off Norway in the North Sea. …read more Source: Oil Gas Journal  

Apr
29
2013

Imperial starts up Kearl oil sands mine

Production of mined diluted bitumen has begun from the first of three trains at Imperial Oil Ltd.’s Kearl oil sands project 75 km northeast of Fort McMurray, Alta. (OGJ Online, Feb. 4, 2013). …read more Source: Oil Gas Journal  

Apr
26
2013

US drilling rig count down 4 units to 1,754

By By OGJ editors The US drilling rig count fell by 4 units during the week ended Apr. 26 to a total of 1,754 rotary rigs working, Baker Hughes Inc. reported. …read more Source: Oil Gas Journal  

Apr
26
2013

Gazprom to start up two fields offshore Russia

Gazprom plans to start production from two oil and gas fields offshore Russia this year: Prirazlomnoye in the Pichora Sea and Kirinskoye in the Sea of Okhotsk. …read more Source: Oil Gas Journal  

Apr
24
2013

MEG reports low SOR in SAGD pilot

MEG Energy, Calgary, has achieved a steam-oil ratio of 1:3, which it calls “industry-leading,” in a pilot project at its Christina Lake thermal oil sands project in Alberta. …read more Source: Oil Gas Journal  

Apr
24
2013

Cenovus hikes Canada oil sands, conventional output

Cenovus Energy Inc., Calgary, reported a 15% increase in its western Canadian oil production in the quarter ended Mar. 31 on strong performance by its Christina Lake oil sands project. …read more Source: Oil Gas Journal  

Apr
23
2013

Cairn India plans 450 Rajasthan block wells

Cairn India Ltd. plans to drill more than 450 wells over the next 3 years on its Barmer basin block in Rajasthan, India, where it is producing from five oil fields and recently revived exploration. …read more Source: Oil Gas Journal  

Apr
23
2013

Alberta eases royalty on five pilot projects

The Alberta government has awarded royalty allowances worth a total of $33 million to five pilot projects designed to improve recovery rates and lower environmental effects of oil sands and conventional oil and gas production. …read more Source: Oil Gas Journal  

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