Oil & Gas News

» Search our database of 59408 oil and gas articles, dating back to 2002.

» Join our 60,000 members who receive our newsletters and custom alerts.

Today

Eagle Energy Trust seeks unitholder approval to permit investment in Canadian assets
Eagle Energy Trust (TSX:EGL.UN) plans to hold a Special Meeting of unitholders on November 24, 2014 to vote on a special resolution to amend the investment restrictions in Eagle's Trust Indenture to permit the acquisition of Canadian energy assets. Detail regarding ...
North America
Africa Hydrocarbons provides results of second completion attempt at BHN-1 well in Tunisia
Africa Hydrocarbons Inc. (TSX VENTURE:NFK) announce that recompletion operations of the Abiod limestone in its BHN-1 well on the Bouhajla Permit in Tunisia have concluded and the well will be plugged and abandoned. John Nelson, CEO of the Company stated "All reaso ...
Middle East
BSEE awards digital well log data management contract to TGS
The United States Department of the Interior, Bureau of Safety and Environmental Enforcement (BSEE) has entered into a new contract with TGS-NOPEC Geophysical Company (TGS) for well log data management services over the next five years for all four regions of the Outer ...
West Europe
Oil price, President, Genel/SL/Serica, Egdon/Europa, Sundry-Range-Afren-Halliburton, And finally...
Oil price There is a slightly better feel about the oil price this morning, US consumer sentiment appears better and it appears that China, as suggested here a number of times, has been buying for its strategic reserves. Elsewhere the Khafji oilfield in the Saudi/Kuwai ...
West Europe
ZaZa Energy announces production results from three East Texas vertical wells
ZaZa Energy Corporation (NASDAQ:ZAZA) announce the one-year production results (October 1, 2013 to September 30, 2014) from three of its East Texas vertical wells in Madison and Walker counties, Texas: Toby #1 ('Toby'). During 336 producing days, average three ...
North America
Energy XXI announces executive Leadership change
The Board of Directors of Energy XXI (NASDAQ: EXXI) (AIM: EXXI) appointed Mr. Bruce W. Busmire to the position of Chief Financial Officer, replacing West Griffin who is stepping down effective October 20, 2014. Mr. Busmire will lead Energy XXI's corporate finance, a ...
West Europe
TomCo receives tentative approval for LMO permit
TomCo Energy plc (AIM: TOM) report that further to the announcement on 13 January 2014, the Company's Notice of Intention to Commence Large Mining Operations ("LMO") has been tentatively approved by the Utah Division of Oil, Gas and Mining ("DOGM" ...
North America
Serinus Energy enters into a contract with Tacrom Drilling SR
Serinus Energy Inc. (TSX:SEN)(WARSAW:SEN) provide the following update on its upcoming two well drilling program in the Satu Mare licence in northwest Romania. The Company has entered into a contract with Tacrom Drilling SRL, which will provide its Rig #3 for the progr ...
East Europe
Well GY-669 successfully drilled to a depth 2,390 feet measured depth
Leni Gas & Oil announce that well GY-669, the sixth of its planned 30 new development wells at the Goudron Field in Trinidad, and the first well from the third drill pad, has been successfully drilled to a depth 2,390 feet measured depth ("MD"). Based on indep ...
Central America
Oil decline: Price makes the story
So oft in theologic wars, The disputants, I ween, Rail on in utter ignorance Of what each other mean, And prate about an Elephant Not one of them has seen! --The Blind Men and The Elephant by John Godfrey Saxe When the world's business editors sent their reporters ...
North America
Polarcus awarded 3D seismic acquisition project offshore West Africa
Polarcus Limited (OSE: PLCS) announce that the Company has signed a Letter of Intent ("LOI") with an undisclosed client for a 3D marine seismic acquisition project offshore West Africa. The project, subject to the execution of a service contract, will commence ...
Africa
INPEX commences oil production from Umm Lulu Oil Field
INPEX CORPORATION (INPEX) announce that, through its wholly-owned subsidiary, Japan Oil Development Co., Ltd. (JODCO), it commenced oil production from the Umm Lulu Oil Field offshore Abu Dhabi, the United Arab Emirates, on October 2, 2014. The Umm Lulu Oil Field is lo ...
Middle East
New Frontiers: Cutting back natural gas flaring in North Dakota hits a bump
North Dakota has aggressively sought to cut the amount of natural gas flaring going on in the state. It’s made strides, but it has a new hurdle, as Brian Scheid discusses in this week’s Oilgram News column, New Frontiers. North Dakota oil drillers appear ...
North America
Blackbird Energy announces spudding of first Middle Montney well at Elmworth
Blackbird Energy Inc. (TSX VENTURE:BBI) announce that it has spud its first Middle Montney well at Elmworth. The well was spud from surface location 14-14-70-07W6 and will be drilled to a vertical depth of approximately 2,330 meters and a lateral length of approximately ...
North America
DONG Energy divests Stenlille Gas Storage Facility to Energinet.dk
DONG Energy and the state owned entity, Energinet.dk, have signed an agreement today under which Energinet.dk will acquire DONG Energy's 100% ownership stake in DONG Storage for a total consideration of DKK 2.25bn on a debt and cash free basis. Included in the pric ...
West Europe
Petrowest announces completion of the acquisition of Trans Carrier Ltd. and Trans Carrier Rentals Ltd.
Petrowest Corporation (Petrowest) (TSX: PRW) announced today that it has closed the previously announced (August 22, 2014) acquisition of all the shares of each of Trans Carrier Ltd. and Trans Carrier Rentals Ltd. for the purchase price of $11.5 million plus the assumpt ...
North America
Shale oil production from Bakken, Eagle Ford up 2.1% in September
Oil production from shale formations in North Dakota and Texas increased by 55,000 barrels per day (b/d) or 2.1% in September, according to Bentek Energy, an analytics and forecasting unit of Platts, a leading global provider of energy, petrochemicals, metals and agric ...
North America
QEP Resources announces sale of its midstream business to Tesoro Logistics LP for $2.5 billion
QEP Resources, Inc. (NYSE:QEP) announce that its wholly owned subsidiary, QEP Field Services Company ('Field Services'), has entered into a definitive agreement to sell its midstream business, including the Company's ownership interest in QEP Midstream Partn ...
North America
Preparations underway to perform cased hole testing at SM-1 well, offshore Morocco
San Leon confirms that the SM-1 well in the Sidi Moussa block offshore Morocco has reached a total depth of 2,825mMDBRT (measured depth below rotary table) and encountered oil during drilling operations. Preparations are underway to perform cased hole testing. San Leon ...
North Africa
Serica Energy provides update on Sidi Moussa operations
Serica Energy plc (AIM & TSX: SQZ) confirms that the SM-1 well in the Sidi Moussa block offshore Morocco has reached a total depth of 2,825m MDBRT (measured depth below rotary table) and encountered oil during drilling operations. Preparations are underway to perform ca ...
North Africa