China National Offshore Oil Corp. (CNOOC) has started production at its Panyu 11-5 field in the South China Sea. Panyu is loctated in the Pearl River Mouth basin in 110m water depth. While there is currently one well producing approximately 3270 b/d…
Scanning the newspapers, social media and analyst coverage this year, there is consensus that a recovery in oil prices is coming, as a function of a reduction in over-supply, and that we should expect upward movement in prices later this year…
The National Ocean Industries Association (NOIA) board of directors has elected Kevin McEvoy as chairman and Dave Welch as vice chairman for the upcoming 2016-2017 term. McEvoy and Welch assumed their positions at the NOIA Annual Meeting in Washington…
Brazil’s Petróleo Brasileiro (Petrobras) recorded a total of 2.55 MMboe/d of oil and natural gas production in March, of which 2.36 MMboe were produced in Brazil and 183,000 boe/d abroad. Image of the P-31 FPSO…
ExxonMobil has started oil production at its US$4 billion Julia oil field in the Gulf of Mexico with the first production well currently online, and a second well set to start production in the coming weeks, the supermajor announced. Image…
Repsol Sinopec Brazil has discovered hydrocarbon pay at the Gávea A1 well in the ultra deepwater pre-salt Campos basin, offshore Brazil. Map of Campos basin, from Statoil. Gávea A1…
Cairn Energy has spudded its latest appraisal well on the 'world-class' SNE or Shelf Edge discovery offshore Senegal using the Ocean Rig Athena drillship, says partner FAR Ltd. Last month, FAR said recent appraisal well drilling on the…
The Norwegian Petroleum Directorate’s (NPD) updated estimate for undiscovered resources shows that the total remaining resources on the Norwegian shelf can provide a basis for oil and gas production for decades to come. Image of the Johan Sverdrup…
The UK North Sea's first use of a subsea oil storage tank has started, independent operator Premier Oil announced this morning. First oil on the Solan field, which was developed to use normally unmanned facilities, including subsea oil storage and tanker offloading…
The Petroleum Safety Authority Norway has given Statoil consent to use the Stena Don mobile drilling facility for drilling and completion of wells 35/11-B-22 and B-13 in the Fram field in the North Sea. Fram is an oil field in the northern North Sea around 20km north of Troll…
As part of President Obama’s continued commitment to safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) director Abigail Ross Hopper has announced the bureau will offer approximately 23.5 million acres…
Tullow Oil is set to start up production at its Jubilee field offshore Ghana later this week, after declaring force majeure on two cargoes last month. Image of the Kwame Nkrumah, from Tullow. In a statement from the company…
Houston-based Erin Energy has mobilized the Island Constructor light well intervention (LWI) vessel to the Oyo field, offshore Nigeria. The Island Constructor, from Island Offshore. The…
Emerson Process Management has launched Roxar Tempest 7.2, the latest version of its integrated reservoir engineering software suite that can be applied in a wide variety of scenarios such as field appraisal, field optimization, and brownfield development…
Dana Petroleum and its partners failed to make an oil discovery at the Manatee-1 exploration well, offshore Cameroon, according to partner SDX Energy. The well, located in the shallow waters in the prolific Niger Delta basin, was spud on 2 March using the Paragon M825 jackup rig…