Archives January 2014

Jan
20
2014

Giant John Shaw drilling rig to receive upgrades

Semco Maritime reported it will undertake a 200 million kroner upgrade project for the 85 m-long, 64 m-wide, and 110 m-high John Shaw semisubmersible drilling rig. When complete, the rig will be handed off to operator Transocean Inc. …read more Source: Oil Gas Journal   

Jan
20
2014

EIA: Gas production, consumption up in US, down in OECD Europe

During a decade before 2005, natural gas production remained relatively flat in both US and European member countries of the Organization for Economic Cooperation and Development. …read more Source: Oil Gas Journal   

Jan
17
2014

Apache: Severe weather, outages impacted fourth-quarter operations

By OGJ editors Apache Corp. reported that severe winter storms and outages at third-party owned facilities adversely affected the company’s oil and gas production from its Permian basin and central region operations during fourth-quarter 2013. …read more Source: Oil Gas Journal   

Jan
17
2014

Baker Hughes: US drilling rig count jumps to 1,777

By OGJ editors Land rigs accounted entirely for the sharp 23-unit increase in the US drilling rig count during the week ended Jan. 17, Baker Hughes Inc. reported. The US now has 1,777 rigs working. …read more Source: Oil Gas Journal   

Jan
15
2014

Natural Gas Trucks – has the time come?

It’s as official as it can get. There’s a shale boom scampering around the country. At the heart of it, there’s cheap Natural Gas. Obviously, can the Natural Gas trucks be far behind? And, the truck operators are asking – should one be a luddite and sneer at the trucks running on Natural Gas or […]

Jan
15
2014

Mubadala developing oil field offshore Thailand

By OGJ editors Mubadala Petroleum expects to produce 10,000 b/d of oil from the first phase of development of Nong Yao field in the southern Gulf of Thailand. …read more Source: Oil Gas Journal   

Jan
15
2014

Camac secures rig for Oyo drilling

By OGJ editors Camac Energy Inc. has signed a long-term drilling contract with Northern Offshore Ltd. for the Energy Searcher drillship, covering an initial period of a year, with an option to extend the contract for an additional year. …read more Source: Oil Gas Journal   

Jan
14
2014

CNOOC starts gas production at Liuhua 19-5 field

By OGJ editors China National Offshore Oil Corp. Ltd. said production has begun at its Liuhua 19-5 natural gas field in the Pearl River Mouth basin of the South China Sea. …read more Source: Oil Gas Journal   

Jan
13
2014

Chevron gets approval for Alder field in UK, reaches FID

By OGJ editors Chevron Corp. UK subsidiary Chevron North Sea Ltd. has reached a final investment decision (FID) and received approval from the UK government to proceed with the development of the Alder field in the central North Sea. The project has a planned design capacity of 110 MMcfd of natural gas and 14,000 b/d […]

Jan
13
2014

EIA: Global oil demand to rise 1.2 million b/d in 2014

Global liquid fuels consumption is forecast to increase by 1.2 million b/d in 2014 and by another 1.4 million b/d in 2015, according to the US Energy Information Administration’s Short-Term Energy Outlook (STEO), released this month. …read more Source: Oil Gas Journal   

Page 1 of 3
© Gates Oil & Gas, LTD 2013