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13May0 comments
Premier delays Tolmount first gas
Premier Oil PLC has pushed the start of gas production at Tolmount field in the southern UK North Sea to second-quarter 2021 from fourth quarter this year.
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13May0 comments
EIA: US crude inventories down 700,000 bbl
US crude oil inventories for the week ended May 8, excluding the Strategic Petroleum Reserve, decreased by 700,000 bbl from the previous week, according to data from the US Energy Information Administration.
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13May0 comments
Dorado JV awards three pre-FEED contracts
A joint venture of Santos and Carnarvon Petroleum has awarded three pre-FEED contracts for design of the floating production, storage and offtake vessel for the Dorado oil field development project in the Bedout subbasin offshore Western Australia.
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11May0 comments
Neptune, Wintershall lift Nova topsides onto Gjøa platform
Neptune Energy and Wintershall DEA have lifted the 740-tonne topside module for the Nova development project in the Norwegian North Sea.
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11May0 comments
Equinor granted North Sea drilling permit
Equinor Energy AS has been granted a drilling permit by the Norwegian Petroleum Directorate for a North Sea exploration well to be drilled about 17 km south of Kvitebjørn.
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11May0 comments
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07May0 comments
Enbridge reports $1.4-billion Q1 2020 loss, defers $1-billion spending
Enbridge lost $1.429 billion in first-quarter 2020, compared with earnings of $1.891 billion in 2019. Earnings were impacted by certain unusual and infrequent factors, including a non-cash impairment of the company’s investment in DCP Midstream.
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07May0 comments
Alaskan explorers Energy 88, XCD Energy to merge
Two small Perth-based Alaskan explorers, 88 Energy Ltd. and XCD Energy Ltd., have agreed to merge.
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07May0 comments
Woodside to decommission Echo/Yodel gas field
Woodside Energy has submitted a plan to NOPSEMA for the decommissioning of Echo-Yodel gas/condensate field in production licences WA-1-L and WA-23-L on the North West Shelf about 140 km northwest of Dampier in Western Australia.
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06May0 comments
Devon records Q1 net loss of $1.8 billion, expects to curtail 10,000 b/d in Q2
Due to the ongoing price volatility, Devon Energy Corp. expects to curtail 10,000 b/d in the year’s second quarter due to low commodity prices, while for the full-year, oil production is expected to remain essentially flat compared to 2019.
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06May0 comments
Carnarvon Petroleum increases interest in Belgravia prospect off WA
Carnarvon Petroleum Ltd., Perth, increased its interest in offshore Barrow subbasin exploration permit WA-155-P off Western Australia to 70% from 28% and is now operator of what it calls the Outtrim project. Interest was acquired from Skye Exploration.
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06May0 comments
Qatar Petroleum to farm in to three blocks offshore Mexico
Qatar Petroleum has signed three farm-in agreements to acquire about 30% of Total SA’s participating interest in Blocks 15, 33, and 34 in Campeche basin, offshore Mexico.
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06May0 comments
EIA: US crude inventories up 4.6 million bbl
US crude oil inventories for the week ended May 1, excluding the Strategic Petroleum Reserve, increased by 4.6 million bbl from the previous week, according to data from the US Energy Information Administration.
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04May0 comments
BW Energy delays new development offshore Gabon
BW Energy Ltd. may delay final installation of DTM-6H in the Dussafu Marin license, offshore Gabon, due to the COVID-19 pandemic. Completed in March, the well was to be hooked up to FPSO BW Aldo in June.
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01May0 comments
FAR starts process to sell Sangomar field interest
FAR Ltd., Melbourne, commenced the process to sell all or part of its 15% working interest in Sangomar oil field offshore Senegal while simultaneously investigating alternative sources of funding.
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30Apr0 comments
Corallian signs work sharing agreement for Inner Moray Firth license
Corallian Energy Ltd., with joint venture partners Upland Resources and Baron Oil, signed a work sharing and confidentiality agreement with an unnamed European exploration and production company for license P2478 in the Inner Moray Firth.
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29Apr0 comments
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28Apr0 comments
Novatek registers Bukharinskiy license area for LNG production
Arctic LNG 1 intends to begin full-scale geological and geophysical activities in the Bukharinskiy subsoil license area on the Gydan Peninsula and begin drilling of the first exploratory well following registration of license SLH 16637 NR.