Archives June 2013

Jun
6
2013

Alberta Oil Sands inks Algar Lake farmout

By OGJ editors Alberta Oil Sands Inc. (AOS), Calgary, has entered a farmout agreement with privately held Crescendo Resources Ltd. that will advance exploration of its Algar Lake oil sands prospect in Alberta. …read more Source: Oil Gas Journal  

Jun
5
2013

API cites growing support for opening areas to offshore drilling

By Paula Dittrick Broad, bipartisan support is building among lawmakers at the state and federal levels for expanding access to offshore oil and gas drilling and development, said Erik Milito, American Petroleum Institute director of upstream and industry operations. …read more Source: Oil Gas Journal  

Jun
5
2013

ExxonMobil lets contract for Julia field

By OGJ editors ExxonMobil Corp. has let what it calls a “substantial” lump-sum contract to Technip for its Julia oil field project in the Gulf of Mexico. …read more Source: Oil Gas Journal  

Jun
5
2013

CAPP expects Canadian oil production to double by 2030

By OGJ editors With oil sands production climbing steadily and conventional production rebounding, Canadian oil production will more than double by 2030, predicts the Canadian Association of Petroleum Producers. …read more Source: Oil Gas Journal  

Jun
5
2013

Statoil recommends Johan Castberg project delay

By OGJ editors Statoil, citing resource and political uncertainties with the Johan Castberg oil development it operates in the Barents Sea offshore Norway, has recommended that the partners delay the investment decision. …read more Source: Oil Gas Journal  

Jun
5
2013

WPX Energy increases Piceance basin drilling

By OGJ editors WPX Energy Inc. plans to add two drilling rigs in western Colorado’s Piceance basin for the rest of 2013, making a total of seven compared with earlier plans for a five-rig drilling plan. …read more Source: Oil Gas Journal  

Jun
4
2013

BSEE, USCG sign agreement to jointly regulate MODUs on OCS

By Nick Snow US Bureau of Safety and Environmental Enforcement Director James A. Watson and US Coast Guard Rear Adm. Joseph Servidio signed a memorandum of agreement for regulating mobile offshore drilling units on the US Outer Continental Shelf. …read more Source: Oil Gas Journal  

Jun
4
2013

Gullfaks, Oseberg due tailor-made jack ups

By OGJ editors Statoil has let contracts for the construction and operation of two tailor-made jack up rigs to be used for drilling at Gullfaks and Oseberg oil fields offshore Norway and to be owned by the license-holders. …read more Source: Oil Gas Journal  

Jun
4
2013

BlackPearl advances Onion Lake thermal EOR

By OGJ editors BlackPearl Resources Inc., Calgary, will accelerate thermal enhanced oil recovery at a heavy oil property now producing conventionally in Saskatchewan to help finance a larger oil sands development in northern Alberta called Blackrod (OGJ Online, May 6, 2012). …read more Source: Oil Gas Journal  

Jun
4
2013

Latest Sverdrup appraisal well pleases Lundin group

By OGJ editors Lundin Petroleum AB, Stockholm, said its 16/2-21 appraisal well in the North Sea offshore Norway provided another important data point for the Johan Sverdrup discovery and that it is moving the Bredford Dolphin semisubmersible to drill the 16/3-6 well to appraise Sverdrup’s northeastern flank. …read more Source: Oil Gas Journal  

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