Archives June 2014

Jun
30
2014

Statoil: More time needed for Johan Castberg project

Partners in the Johan Castberg license—Statoil ASA, Eni SPA, and Petoro—have decided to “spend more time on making the final concept selection” for the Johan Castberg project. …read more Source: Oil Gas Journal   

Jun
30
2014

Linn to purchase acreage from Devon for $2.3 billion

Linn Energy LLC, Houston, has agreed to acquire assets in five US operating areas from Devon Energy Corp., Oklahoma City, for $2.3 billion, effective Apr. 1. …read more Source: Oil Gas Journal   

Jun
30
2014

MOL to acquire licenses in UK North Sea

MOL Group has agreed to acquire interest in six licenses in the UK North Sea from Premier Oil UK Ltd. for $130 million. …read more Source: Oil Gas Journal   

Jun
30
2014

Statoil reports fire at Ohio well pad now extinguished

A fire reported by Statoil ASA on June 28 at the company’s Eisenbarth well pad in Monroe County, Ohio, has been extinguished. …read more Source: Oil Gas Journal   

Jun
27
2014

Starfish start-up could ease Trinidad and Tobago’s tight gas supplies

Trinidad and Tobago’s tight natural gas supply could be eased within the next 4 months with the startup of 300 MMscfd of gas from BG Group’s Starfish development. BG Group said the project, which involves the drilling of four subsea wells and a 10-km subsea tieback to the Dolphin A platform, is on schedule for […]

Jun
27
2014

Baker Hughes: US drilling rig count jumps to 1,873

The US drilling rig count jumped 15 units to 1,873 rigs working during the week ended June 27, Baker Hughes Inc. reported. …read more Source: Oil Gas Journal   

Jun
26
2014

Statoil lets jacket contract for Johan Sverdrup oil field

Statoil ASA has entered into a framework agreement with Kvaerner ASA for the delivery of jackets in the North Sea until 2020. The companies also will sign a letter of intent for the delivery of two jackets to Johan Sverdrup oil field, which lies in 110 m of water across production licenses 265, 501, and […]

Jun
25
2014

BNV-Norstra deal sets Montana gas drilling

Privately held BNV Energy LLC, Houston, has entered an agreement with Norstra Energy Inc., Spokane, to drill two natural gas wells and build a related gathering system to earn a 60% working interest in 5,382 acres in Northwest Montana. …read more Source: Oil Gas Journal   

Jun
25
2014

Pemex lets contract in Ayatsil development

Pemex Exploration & Production has let a contract to GE Oil & Gas for the supply and installation of surface wellheads and trees at Ayatsil heavy oil field under development in the Campeche Sound offshore Mexico. …read more Source: Oil Gas Journal   

Jun
24
2014

DNO suspends output from two Yemen blocks

DNO Yemen AS has suspended production totaling 3,400 b/d of oil gross from two blocks in Yemen after blockades by local groups restricted movement of equipment, supplies, and contractors. …read more Source: Oil Gas Journal   

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