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Following a mechanical error, Santos has completed drilling the AAL-4XST1 appraisal well in the Northwest Natuna permit area, offshore Indonesia. …
Published in OE Press: 2016 / July
Tuesday, 05 July 2016 18:32

Dana, EnQuest in Eagle dispute

EnQuest’s Eagle oil discovery in the Greater Kittiwake area (GKA) in the North Sea is getting some heat from Dana…
Published in OE Daily: 2016 / July
While outages in Canada and Nigeria have helped a rally in oil prices, the outlook for 2017 isn't looking favorable…
Published in OE Press: 2016 / July
A new independent estimate of world oil reserves has been released by Rystad Energy, showing that the US now holds…
Published in OE Press: 2016 / July
Friday, 01 July 2016 05:00

Boosting recovery

Former BP and Shell geologist Mike Shepherd says the North Sea demonstrates top in class oil recovery factors compared to…
Published in OE: 2016 / July
New drilling results at ExxonMobil’s Liza discovery offshore Guyana are revealing the potential of recoverable resources to be up to…
Published in OE Daily: 2016 / June
Tuesday, 28 June 2016 12:58

Santos in Indonesia spike

Santos has achieved an averaged stabilized flow rate of 828 bo/d, revealed in a drill stem test (DST) conducted on the…
Published in OE Press: 2016 / June
Monday, 27 June 2016 17:04

Finder adds new WA exploration permit

Finder Exploration has added a new exploration permit to the portfolio – AC/P 61. The permit, which Finder has 100%…
Friday, 24 June 2016 09:11

Brexit is on - reaction

The British public has spoken - as have the oil, money and stock markets. With a narrow margin, the leave…
Published in OE Daily: 2016 / June
Thursday, 16 June 2016 13:03

Faroe hits at Brasse

Faroe Petroleum hit an oil discovery at its Brasse exploration well in the Norwegian North Sea, with plans for a…
Published in OE Daily: 2016 / June
The embattled crude oil and natural gas industry worldwide has slashed capital spending to a point below the minimum required…
Published in OE Press: 2016 / June
Statoil made two oil discoveries in the Bay du Nord area during its 19-month exploration drilling program offshore Newfoundland, which…
Published in OE Daily: 2016 / June
Wednesday, 08 June 2016 16:29

BP: Global energy demand only up 1%

BP’s compiled data from last year has revealed that global energy consumption has slowed further, with the mix of energy…
Published in OE Daily: 2016 / June
Thursday, 26 May 2016 19:18

Mubadala fails at Thai well

Mubadala Petroleum has failed to find commercial quantities of oil at its Sri Trang-1 exploration well in the northern Gulf…
Wednesday, 25 May 2016 14:55

BP uses EOR to extend Thunder Horse life

BP has commenced a water injection project at its Thunder Horse platform in the Gulf of Mexico that will extend…
Published in OE Daily: 2016 / May
2018-09-22 09:53:19am