Oil News


Energean eyes 10,000 b/d Greek barrels

May 04, 2016

Production from the Prinos and Prinos North oil fields, offshore northeast Greece has exceeded 4000 b/d, a two fold increase compared to the 2000 b/d produced before the start of an ongoing investment program, according to operator Energean Oil & Gas…

First oil flows from Aje, Nigeria

May 04, 2016

First oil has been achieved from the Aje field, offshore Nigeria, according to field partner Panoro Energy. The field is in OML 113, in the western part of Nigeria in the Dahomey Basin, and operated by Yinka Folawiyo Petroleum Company…

Oil & Gas UK restructures

May 03, 2016

Oil & Gas UK has announced a new organisational structure, following a thorough business review. The revised business model is designed to make sure the leading trade association is in the best shape possible to promote and serve its…

Small is beautiful

May 01, 2016

Tapping small fields and coming up with economic early production system solutions offers engineers an interesting challenge. Elaine Maslin reports. Amplus’ VPU. Image from Amplus.  There…

Tullow to resume at Jubilee, after production falls

Apr 28, 2016

Tullow Oil’s production levels fell some in Q1, following issues at its Jubliee field, offshore Ghana, which the company said is due to resume operations in the next few days. Image of the FPSO Prof…

Byron to deepen SM71-1

Apr 27, 2016

Byron Energy will further its efforts at the SM71-1 well in the Gulf of Mexico after encountering the presence of oil in three intervals, according to partner Otto Energy. A quad combo porosity logging run has been acquired and 7 5/8in…

Mubadala hits twice at Manora

Apr 27, 2016

Mubadala Petroleum encountered oil at two wells in the Manora field, offshore Thailand. Map from Mubadala. The Atwood Orca jackup drilled wells MNA-15 and MNA-16 wells to final total depths of 2566m and 2998m…

CNOOC starts at Panyu

Apr 25, 2016

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…

DW: Oil price uptick coming?

Apr 25, 2016

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…

NOIA elects new leadership

Apr 22, 2016

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…

Petrobras production down in March

Apr 21, 2016

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 starts up US$4 billion Julia project

Apr 19, 2016

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…

Respol hits at Gávea well

Apr 18, 2016

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 spuds latest SNE appraisal

Apr 18, 2016

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…

NPD: Norwegian shelf confidence remains high

Apr 14, 2016

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…

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