CGG will complete as many as five additional areas in the southern Gulf of Mexico through 2018. The program will total 200,000 line-km of multiclient airborne gravity and magnetic survey. The company completed its first area, AOI 1, in December 2016 and has processed and interpreted about 38,000 line-km over the gulf’s Perdido foldbelt. […]
Erin Energy targets Miocene offshore Nigeria, Oyo field
Erin Energy Corp., Houston, expects a 60-day drilling and logging window at its Oyo North West (Oyo-NW) well, which the company spudded on Dec. 6 on its oil mining lease (OML) 120 block offshore Nigeria. Source: News
Po Valley logs gas producer in Selva field revival
Po Valley Energy Ltd., Perth, plans to complete its Selva gas field Podere Maiar 1 dir (PM1) well in mid-December with production planned for January 2018. As part of the operator’s plan to revive Eni SPA’s former gas field in Northern Italy, Po Valley Energy drilled the PM1 to 1,330 m TD in the Pliocene. […]
07 Dec 2017 13:54:52 EST – The latest stock information is now available for your stocks
XOM Last 82.61 Change +0.33 % Change 0.4% Volume 4,848,169 As of: 7 Dec 2017 13:54:52 EST View: Stock Quote | News CVX Last 119.575 Change –0.035 […]
License extended for block off Congo (Zaire)
Muanda International Oil Co., a subsidiary of Perenco, has reached an agreement with the government of Congo (former Zaire) extending by 20 years the license covering the Offshore DR Congo Block, reports partner Inpex Corp., Tokyo. Source: News
CNPC, Uzbekneftegaz start Karakul phase
A joint venture of China National Petroleum Corp. and Uzbekneftegaz has commissioned the first phase of its three-field Karakul natural gas development near Bukhara in south-central Uzbekistan. Source: News
07 Dec 2017 12:57:47 EST – The latest stock information is now available for your stocks
XOM Last 82.51 Change +0.23 % Change 0.28% Volume 3,978,713 As of: 7 Dec 2017 12:57:47 EST View: Stock Quote | News CVX Last 119.51 Change –0.10 […]
Gazprom Neft commissions Badra gas processing plant
PJSC Gazprom Neft subsidiary Gazprom Neft Badra has commissioned its 1.6 billion-cu m/year natural gas processing plant at Badra field in eastern Iraq. The full-cycle gas plant, which entered commercial operation on Dec. 6, processes dry feed gas from Badra field, that will be shipped via a 100-km pipeline to the Az-Zubaidiya power station to […]
Sasref lets contract for Jubail refinery revamp, expansion
Saudi Aramco Shell Refinery Co. (Sasref), a 50-50 joint venture of Saudi Aramco and Royal Dutch Shell PLC, has let a contract to CB&I, Houston, to provide engineering, procurement, and construction management for the modernization and expansion of its 305,000-b/d refinery at Jubail, Saudi Arabia. Source: News
MARKET WATCH: NYMEX, Brent drop more than $1/bbl
The crude oil benchmarks each dropped by more than $1.60/bbl on the New York and London markets Dec. 6 after a weekly US government report showed a surge in US crude oil production. The US Energy Information Administration said production reached 9.7 million b/d for the week ended Dec. 1, up 25,000 bbl from the […]