Mature Fields News

 

Repsol hits oil at Teak B, off Trinidad

Jul 15, 2014

Repsol announced a new hydrocarbon discovery in the TB14 well at the Teak field, off the southeast coast of Trinidad. The discovery in the northern part of the Teak B field is estimated to contain more than 40MMbo in place, which increases…

PEMEX picks GE wellheads

Jun 25, 2014

GE Oil & Gas announced today it will provide vital surface equipment to Mexico’s national oil company PEMEX Exploration and Production for use at its offshore project in the Ayatsil heavy oil field located in the Campeche Sound, in the Gulf of Mexico…

Offshore wind-powered EOR?

May 20, 2014

DNV GL is proposing a new concept that combines mature water injection technology with the newest developments in offshore wind power to achieve more cost effective enhanced oil recovery (EOR). The company is inviting the industry…

Scottish oil independence

Jan 03, 2014

North Sea oil and the constitutional debate in Scotland and the UK The possibility of Scotland becoming an independent country is currently attracting much interest, and not just locally, but in the rest of the UK and elsewhere as a referendum on the issue…

SE Asia comes to LAGCOE

Nov 11, 2013

Laissez les bons temps rouler. Deep in the heart of Louisiana oil country, US representatives from two Asian trade organizations made the case for local investment at the 2013 Louisiana Gulf Coast Oil Exposition (LAGCOE), held in Lafayette…

Halliburton opens Multi-Chem Blend Plant

Sep 05, 2013

Halliburton announced the official opening of its Multi-Chem business line’s Acadiana Blend Plant in Maurice, Louisiana. The new facility will help meet growing business demands in the Gulf of Mexico market and provide expanded local service capabilities…

OE13: The impact of the Independent

Sep 03, 2013

Dwarfed by the majors and super majors, the impact of the small independent oil company on global exploration and production activity is often overlooked. But, these companies are driving increased production in mature provinces such as the UK Continental Shelf (UKCS)…

OMV strikes US$2.65bn deal

Aug 20, 2013

Austrian energy group OMV is to buy Norwegian and UK North Sea assets from Norway’s Statoil in a US$2.65billion deal. The deal will see OMV acquire 19% interest in the producing Gullfaks field and 24% in the Gudrun field, both oil and gas fields offshore the Norwegian Continental Shelf…

Halliburton, Gazprom to collaborate on solutions

Aug 13, 2013

Halliburton entered into an agreement of cooperation with Gazprom Neft for the introduction of new technologies to improve operational efficiency in Gazprom Neft fields.       Enhancement of mature field development efficiency and implementation…

Halliburton opens new Technology Center

Jul 31, 2013

Halliburton opened its new Technology Center at the Federal University of Rio de Janeiro (UFRJ) Technology Park, located at Ilha do Fundão, Rio de Janeiro, Brazil. The center provides the setting for collaboration as the company works with…

Mexico eyes exploration boom

Jun 14, 2013

Pemex wants to grow— but needs the technology and resources to do it. Elaine Maslin reports from Offshore Technology Conference. Mexico has ambitious plans for its offshore exploration and production sector. Carlos Morales Gil, general director of Pemex E&P…

Halliburton opens Rio technology center

Jun 11, 2013

Halliburton announced the opening of its new Technology Center at the Federal University of Rio de Janeiro (UFRJ) Technology Park, located at Ilha do Fundão, Rio de Janeiro, Brazil.  The center provides the setting for collaboration as…

New CEO for Petoro

May 28, 2013

Grethe Moen has been appointed as president and CEO of Norwegian government-owned company Petoro.  Moen has been vice president of mature fields in Petoro and before that she held a number of managerial positions in Statoil and Shell…

Mexico's chief regulator hopeful despite disappointing bid round

Aug 01, 2012

Mexico's latest licensing round only the second in state oil company Pemex's long history, made possible by recent exploration & production contract reforms failed to draw a successful bid for the offshore blocks on offer. Russell McCulley talks to Juan Carlos Zepeda Molina…

Pemex promises production boost

Feb 13, 2012

Mexico’s state oil company plans to ramp up domestic production of crude oil to 2.7 million b/d next year and to 3 million b/d by 2017, buoyed by new shallow-water discoveries and enhanced recovery techniques in mature fields, a key member of…

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