Archives May 2014

May
30
2014

OMV to invest €500 million in Nawara gas field

By OGJ editors OMV AG reported it will invest €500 million in Tunisia’s Nawara gas field development joint project with Tunisia’s state-owned ETAP. …read more Source: Oil Gas Journal   

May
30
2014

Baker Hughes: US drilling rig count rises to 1,866

By OGJ editors The US drilling rig count gained 9 units to reach 1,866 rigs working during the week ended May 30, Baker Hughes Inc. reported. …read more Source: Oil Gas Journal   

May
30
2014

Total suspends work on Joslyn SAGD oil sands project

By OGJ editors Total SA has reported it will suspend engineering and design work on the $11 billion (Can.) Joslyn Creek steam-assisted gravity drainage (SAGD) oil sands project, 60 km north of Fort McMurray in Alberta. The company said it will lay off 150 of the project’s staff. …read more Source: Oil Gas Journal   

May
30
2014

AER: Bitumen, crude oil production up in 2013

By OGJ editors Alberta’s bitumen production increased 8% in 2013 while crude oil production increased 5%, according to an annual report from Alberta Energy Regulator. …read more Source: Oil Gas Journal   

May
29
2014

Maersk Oil lets topsides FEED contract for Culzean field

By OGJ editors Maersk Oil has let a contract to KBR for the front-end engineering and design (FEED) of topsides for the Culzean project, an ultra high-pressure, high-temperature gas-condensate development about 145 miles east of Aberdeen in the UK central North Sea. The deal’s value was not disclosed. …read more Source: Oil Gas Journal   

May
29
2014

Statoil, PTTEP complete Canadian oil sands agreement

By OGJ editors Statoil AS and Thailand’s PTT Exploration & Production PCL (PTTEP) completed an agreement to divide their interests in the Kai Kos Dehseh (KKD) oil sands project in northeast Alberta, Canada, said Statoil. …read more Source: Oil Gas Journal   

May
29
2014

Environmental activists arrested on Transocean Spitsbergen

By OGJ editors Police have taken into custody environmental activists from Greenpeace who illegally boarded the Transocean Ltd.’s Spitsbergen drilling rig on May 27. …read more Source: Oil Gas Journal   

May
28
2014

Gulf Coast Western bring onshore Louisiana well blowout under control

By OGJ editors Gulf Coast Western (GCW) and its operating partner, Alpine Exploration Cos. Inc., both based in Dallas, confirmed that they have brought under control a well blowout in the Mallard Bay marshlands along the southern coast of Louisiana. The Mary O. Long No. 1 well, which was drilled in Cameron Parish, experienced a […]

May
28
2014

EIA: US’s crude imports from Mexico lowest since 1993

By OGJ editors In 2013, Mexico was the third-largest source of crude oil imports to the US, averaging 850,000 b/d, behind Canada and Saudi Arabia, according to the US Energy Information Administration. However, the volumes were the lowest since 1993, reflecting declining production of crude oil in Mexico. …read more Source: Oil Gas Journal   

May
28
2014

Royale contracts Kuukpik rig for North Slope drilling

By OGJ editors Royale Energy Inc., San Diego, has let a contract to Kuukpik Drilling LLC, Anchorage, to provide a drilling rig for its Alaska North Slope shale oil play and 3D conventional target. Kuukpik will provide Rig No. 5 for the 2014-15 winter season to drill two test wells, said Royale. …read more Source: […]

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