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Statoil drills dry wells north of the Hyme field in the Norwegian Sea

Statoil Petroleum AS, operator of production licence 348 C, is in the process of completing the drilling of wildcat wells 6407/8-7 and 6407/8-7 A. Both wells have been drilled about four kilometres north of the Hyme field in the southern part of the Norwegian ...

Buru Energy's Olympic 1 exploration well spuds

Buru Energy (ASX: BRU) is pleased to advise that its extensive 2015 exploration drilling program has commenced with the spudding of the Olympic 1 conventional oil well located southeast of Broome in Western Australia. The well, which is being drilled with DDH ...

Mosman Oil and Gas updates shareholders on activities

The Directors of Mosman Oil and Gas Limited (AIM: MSMN), the New Zealand and Australia focused oil exploration and development company is pleased to update shareholders in respect to several matters. Corporate update Mosman's Board of Directors ('Board') has ...

PetroNeft Resources updates on Russian operations

PetroNeft (AIM: PTR) an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to provide an update on operations at Licence 61. Highlights Sibkrayevskoye Sibkrayevskoye No. 373 appraisal well flows 100 bop ...

LGO provide Goudron drilling update, Trinidad

LGO is today pleased to announce that well GY-673, which was spudded on 1 May 2014, has reached total depth and that well GY-674 has now been spudded and drilling ahead at over 166 feet. Electric log interpretation from both the Goudron and C-sand intervals in ...

Thursday, May 21, 2015

UK offshore workers strike ballot to go ahead

We did make some progress today but sadly not enough to enable us to go back to members with proposals to resolve this dispute says GMB. GMB and Unite officials held further talks on 20th May on the dispute over unilateral changes to working conditions for wo ...

Statement regarding a possible offer for Dragon Oil plc

Following the announcement by ENOC on 17 March 2015 confirming that it had made an approach regarding a possible offer for Dragon Oil, ENOC confirms that it has been in discussions with the independent committee of the board of Dragon Oil (the 'Independent Com ...

Large Litre Meter flow assurance order goes down under to Ichthys

One of the largest orders for chemical injection flowmeters from UK flowmeter specialist Litre Meter ( is on its way 'down under'. A shipment of 45 positive displacement flowmeters is heading to the Ichthys liquid natural gas field off Weste ...

Speculators' oil inventories at record 5 days of world demand

Every oil trader has known the feeling. You've done your sums, talked to everyone, and decided the market is going to be short of product. So you start buying discreetly, building up inventory to sell in the future at higher prices. But then the messages from ...

Husky Energy begins steam operations at Rush Lake

Husky Energy (TSX: HSE) has started commercial steam operations at the 10,000 barrels per day (bbls/day) Rush Lake heavy oil thermal project in Saskatchewan, approximately eight weeks ahead of schedule. Like the Company's other thermal projects, Rush Lake is e ...

ExxonMobil announces significant oil discovery offshore Guyana

Exxon Mobil Corporation (NYSE:XOM) today announced a significant oil discovery on the Stabroek Block, located approximately 120 miles offshore Guyana. The well was drilled by ExxonMobil affiliate, Esso Exploration and Production Guyana Ltd., and encountered m ...

This Innovation Will Help U.S. Companies Win The Oil Price War

Although some US oil companies are struggling with low oil prices, a new wave of innovation is hitting the oil patch, allowing for a significant reduction in drilling costs. A variety of different improvements in production are starting to show up at all lev ...

Gazprom adds over 800 billion cubic meters of gas in 2014 through geological exploration activities

On the threshold of Gazprom's annual General Shareholders Meeting the Company's headquarters hosted today Press Conference 'Mineral and Raw Material Base Development. Gas Production. Gas Transmission System Development'. Taking part in the Press Conference wer ...

Oil price, Sundry-Pacific Rubiales-BP/Halliburton-BPC-Range-Andes Energia- And finally...

Oil price Plenty to talk about on the oil price this morning as oil and products held key support levels yesterday and kicked on, aided by the overnight API inventory stats and later the EIA numbers. They showed that crude stocks fell by 2.7m barrels, higher ...
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