Archives May 2015

May
11
2015

Ichthys starts mooring installation work

Mooring installation works have started at Ichthys field in the Browse basin with the first 49 foundation piles deployed and driven into the seabed in 250 m of water. …read more Source: Oil Gas Journal   

May
11
2015

Gazprom continues work on East Russian gas

OAO Gazprom is drilling three production wells in Chayandinskoye field in Yakutia. The company plans eight additional wells during pilot commercial development of the oil rim, which precedes commercial operation. …read more Source: Oil Gas Journal   

May
11
2015

OTC: Indonesia seeks paradigm shift in developing western deepwater assets

Indonesia is working to change the way it develops its oil and gas resources, according to Ir. I Gusti Nyoman Wiratmaja, Indonesia’s acting director general of oil and gas. …read more Source: Oil Gas Journal   

May
11
2015

Kizomba Satellites Phase 2 off Angola starts oil productionwise advantaged projects to the south.

Esso Exploration Angola (Block 15) Ltd., a subsidiary of ExxonMobil Corp., has started oil production ahead of schedule at the Kizomba Satellites Phase 2 project, 150 km offshore Angola in 1,350 m of water. …read more Source: Oil Gas Journal   

May
8
2015

BHI: US rig count posts smallest decline in 22 weeks

During a week in which much of the oil and gas industry was either preoccupied with the Offshore Technology Conference in Houston or company earnings reports, the US drilling rig count snuck down just 11 more units to settle at 894 rigs working, according to data from Baker Hughes Inc. …read more Source: Oil Gas […]

May
8
2015

Retirement total for floating rigs now 36

Plans announced May 4 by Diamond Offshore Drilling Inc. to decommission three semisubmersible drilling rigs brings to 36 the number of floating rigs steered toward retirement since crude oil prices collapsed in the second half of 2014, according to Cowen & Co. analysts. …read more Source: Oil Gas Journal   

May
8
2015

Contract let for field work onshore Brazil

Parnaiba Gas Natural (PGN) has let a contract to a consortium involving Fluor Corp. and Construcap CCPS Engenharia e Comercio related to development of Gaviao Branco natural gas field in Maranhao, Brazil. …read more Source: Oil Gas Journal   

May
8
2015

Wintershall lets multiline Maria contract

Wintershall has let a $300-million contract to Subsea 7 for pipeline and subsea construction in its multihost development of Maria oil and gas field in the Norwegian Sea. …read more Source: Oil Gas Journal   

May
7
2015

Study shows proposed Pennsylvania gas severance tax would be costly

A proposed natural gas severance tax in Pennsylvania would have negative economic consecutives for the state, according to a Natural Resource Economics Inc. study released May 7 by the Associated Petroleum Industries of Pennsylvania (API-PA). …read more Source: Oil Gas Journal   

May
7
2015

Chesapeake reports 1Q net loss of $3.782 billion

Chesapeake Energy Corp., Oklahoma City, reported a first-quarter net loss of $3.782 billion, down from a net income of $374 million in first-quarter 2014. …read more Source: Oil Gas Journal   

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