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CNOOC's Penglai Project Begins Production in the Bohai Sea (Thursday, 20 September 2018)

CNOOC Limited has introduced that the Penglai 19-Three oilfield 1/Three/eight/9 complete adjustment undertaking has commenced manufacturing.Penglai 19-Three oilfield 1/Three/eight/9 complete adjustment undertaking is situated...

NORTH DAKOTA SETS NEW OIL PRODUCTION RECORDS

According to the Minot Daily News, the Department of Mineral Resources reported that North Dakota’s oilfields pumped 39,350,346 barrels of oil in July. That...

FIRST GAS PRODUCTION FROM BAINET FIELD OF THE SUCEAVA CONCESSION IN ROMANIA

Prospex Oil and Gas introduced that it has been suggested by the operator, Raffles Energy, that first gasoline manufacturing has commenced from the Bainet...

PRODUCTION SHARING CONTRACTS – PSC MODULE 1 AND 2

Learn Essential Elements on Worldwide Fiscal Systems, Production & Revenue Generation, Cost Recovery & Division of Profits on the PSC Courses 2018, London &...

How Big Data, Analytics Increase Production Asset Uptime in Oil Fields (Tuesday, 11 September...

Although oil costs have recovered to above $60/bbl not too long ago, Oil and Gas producers proceed to be extremely targeted on lowering their...

Lukoil Expands Production Capacity at Yarega Field (Monday, 10 September 2018)

Lukoil has commissioned a steam technology farm at Yarega discipline of extremely viscous oil within the Republic of Komi. The facility is to construct...

Gordon Weakens to Tropical Depression after Shutting in 9% of GOM Production (Friday, 7...

Gordon was quickly weakening to a tropical melancholy after coming ashore close to the Alabama-Mississippi border late Tuesday and killing at the least one...

Anadarko Petroleum Shuts-in GOM Production as Storm Approaches (Wednesday, 5 September 2018)

Oil traded close to $71/bbl in New York as Tropical Storm Gordon forces evacuations at fields alongside the U.S. Gulf Coast and threatens provide.Futures...

ARGENTINA WANTS TO DOUBLE PRODUCTION FROM THE VACA MUERTA SHALE PLAY

Mercopress reported that Argentina re-launched a one-year-old settlement between the federal government, firms and staff to drive competitors and spur improvement within the Vaca...

Lundin Reports Successful Appraisal Well, Production Test on Rolvsnes (Wednesday, 29 August 2018)

Lundin Petroleum AB has introduced that its wholly owned subsidiary Lundin Norway AS has efficiently accomplished the appraisal nicely 16/1-28S and manufacturing check on...
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