PTTEP’s Montara oil field production halted by NOPSEMA

Oil production from Thai company PTTEP’s Montara field in the Timor Sea has been halted following several potentially injurious safety incidents and cannot resume until cleared by Australia’s offshore safety regulator, the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA). Source: News

PetroTal starts flow from oil find in Peru

PetroTal Corp., Calgary and Houston, is moving a rig to Bretana field on Block 95 for a three-well program beginning next year after starting production from the Bretana Norte discovery well. The company said the well is producing more than 2,000 b/d of 19.2° gravity oil after the commissioning of water-injection facilities. Source: News

Baker Hughes: US, Canada weekly rig counts up

The US drilling rig count is up 1 unit to 1,082 rigs working for the week ended Nov. 16, according to Baker Hughes data. The count is up 167 units from the 915 rigs working this time a year ago. At 1,058 rigs working, an additional unit was drilling on land week-over-week. Offshore units also were […]

Santos cleared to acquire Quadrant Energy

Santos Ltd., Adelaide, has been cleared by the Australian Competition and Consumer Commission (ACCC) for its proposed acquisition of Quadrant Energy Ltd., Perth. The $2.15-billion deal announced at the end of August is now expected to reach completion in a matter of weeks. Source: News

Papua LNG group signs MOU with Papua New Guinea

The Papua LNG joint venture partners led by Total SA have signed a memorandum of understanding with the government of Papua New Guinea for development of the Elk-Antelope gas-condensate fields, known as the Papua LNG Project. Source: News

Ichthys production elevates Australia to world’s top LNG exporter

Japanese Prime Minister Shinzo Abe has officially opened the Inpex group’s $40-billion Ichthys LNG project at a ceremony in Darwin, a symbolic milestone that also propels Australia to the top of the list of the world’s LNG exporters, according to Adelaide-based energy economics group EnergyQuest. Source: News

Brazos Midstream, Williams form Permian basin combine

Brazos Midstream, with an 85% interest, will operate a newly formed joint venture in the Delaware basin with Williams Cos. Inc. Under terms of the agreement, Williams will contribute its existing Delaware basin assets to the partnership in exchange for a 15% minority position. Source: News