Crude Oil News

 

Enbridge wins Heidelberg pipeline

Nov 12, 2012

Enbridge Inc. announced that it will build, own and operate a crude oil pipeline in the Gulf of Mexico to connect the proposed Heidelberg development, operated by Anadarko Petroleum Corporation, to an existing third-party pipeline system. The lateral pipeline is expected to be operational by 2016…

Shell shuts Imo River trunkline

Nov 12, 2012

The Shell Petroleum Development Company of Nigeria Ltd (SPDC) has shut down the Imo River Trunkline in its Eastern operations after it found several crude theft points on the facility. Production of some 25,000 barrels of oil per day is deferred…

Shell finalizes Nigerian lease sale

Nov 12, 2012

SPDC, a subsidiary of Royal Dutch Shell, has completed a sale of its 30% interest in Oil Mining Lease 30 (OML 30) in the Niger Delta to Shoreline Natural Resources Limited for $567 million.The company said the divestment is part of a plan to reshape SPDC's onshore portfolio…

Benenan-3 hits oil in Kurdistan

Nov 08, 2012

DNO International's Benenan-3 well in the Kurdistan region of Iraq has encountered oil, the Norwegian company announced on 6 November 2012.The Benenan-3 well, which was drilled on the Erbil license, encountered an additional 210 meter oil…

Designer waterflooding

Nov 07, 2012

The oil & gas industry is no stranger to water injection and waterflood methods to increase recovery. One operating company is working out details on how to tailor the water used in waterflooding techniques to boost offshore recovery rates. Jennifer…

New Beibu find for Roc Oil

Nov 06, 2012

Map of Beibu Gulf Roc Oil has struck multiple hydrocarbon pays in the Weizhou formation in the Beibu Gulf offshore southern China, the Australian explorer announced on 5 November 2012.The WZ6-12-A6 deviated step-out exploration well reached a total depth of 2…

Having fun with heavy oil

Nov 01, 2012

Some notable heavy oil projects offshore Brazil are entering advanced phases to increase or maintain production. Russell McCulley reports from Rio de Janeiro on the latest developments at three Campos Basin fields – Statoil’s Peregrino, Petrobras’…

Do nanoplate surfactants hold the key?

Nov 01, 2012

Potentially game-changing research which seeks to unlock the potential of nanotechnology to help maximise production from oil wells and extend the life of mature fields is under way in the US under an ITF-funded laboratory-based particle research project…

Hydraulic oil shows Arctic promise

Oct 12, 2012

Recent tests on Mobil Industrial Lubricants’ Arctic performance hydraulic oil have reportedly shown that it can help reduce hydraulic system energy consumption by up to 6.2%, when compared with standard mineral hydraulic oils. Given pride of…

Safety dominates ONS agenda

Oct 07, 2012

A little starpower lit up a rainy week in Stavanger, as Hollywood actor-turned-oil spill cleanup advocate Kevin Costner hit town for the ONS 2010 conference and exhibition. Russell McCulley reports.--Nearly 50,000 visitors coursed through the…

Brazil to play key role in energy future

Oct 01, 2012

With massive investment and aggressive technology development required to match world energy demand in coming decades, South America’s ‘southern cone’ will have a big role to play. Russell McCulley reports from Rio de Janeiro.Thanks in large part to Brazil’s pre-salt discoveries…

Frade seeps continue to haunt

Oct 01, 2012

Oil seeps at Chevron’s Frade field nearly a year ago have led Brazilian regulator ANP to assess millions in fines against Chevron and ultimately halted output at the troubled Campos Basin field. In November 2011, Chevron P&A’d an appraisal well…

OGX discoveries

Oct 01, 2012

Maintaining a steady level of exploration activity, OGX has marked a number of successes.The Itacoatiara well, or OGX-79, found a hydrocarbon column of about 150m with 64m of net pay in the Albian section in the Campos Basin. The block BM-C-39 well…

Petrobras discoveries

Oct 01, 2012

Over the last 18 months or so, Petrobras has a string of reported discoveries to its credit. Company CEO Maria das Graças Silva Foster said the 2011 discoveries alone added 1.24 billion barrels of equivalent oil to Petrobras’ numbers, with 1 billion of that coming from the pre-salt area…

Revitalising the Norwegian shelf

Oct 01, 2012

A number of operators on the Norwegian shelf revealed updates of their field development plans at the recent Offshore Northern Seas conference in Stavanger, with a substantial list of projects and refurbishments going forward as part of the revitalisation of the Norwegian shelf…

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