Eni discovers oil and gas pay at Sankofa wellTesting at Sankofa-2 ST (Photo: Vitol)Eni successfully drilled Sankofa East 2A, the first appraisal well of the Sankofa East oil discovery in the Offshore Cape Three Points (OCTP) block, located in the Tano Basin offshore Ghana…
Cobalt has hit several hundred feet of net oil pay at its deepwater North Platte prospect in the Gulf of Mexico. Drilling was a long time coming for the company after operations were postponed following the 2010 moratorium. The well was drilled to 34,500ft TD in Garden Banks block 959.
AKCS coup furthers Aker's Canadian expansionAker Solutions strengthens its commitment to the Canadian oil and gas market through taking full ownership of Newfoundland and Labrador-based AKCS Offshore Partner.'The buy-out will support…
US crude and condensate production has been falling since 1972 with only a couple brief periods of respite or flattening downward. Most analysts felt that the decline was irreversible. The decline flattened in 1991, 1997 and 2001 and, as a result of a dramatic jump in oil prices…
During the past few years, annual change in global oil demand has been running 0.8-1%/year and the International Energy Agency (IEA) forecasts it to continue in that range in 2013 – well below the previous 20-year 1.5% average annual increase seen before the global banking crisis…
VAM USA expanded its Houston-based Connection Technology Center to 90,000 sq ft, doubling its R&D capacity. The facility conducts harsh-environment testing of premium connections for shale applications and deepwater drilling in the Gulf of Mexico.
Dana chooses Subsea 7 for Western Isles EPIC Dana Petroleum's Western Isles developmentSubsea 7 S.A. announced the award of a contract valued at approximately US$300 million from Dana Petroleum, for the provision of subsea EPIC services in support of their Western Isles development project…
Natural gas is still not a global fungible commodity, although the LNG trade steadily grows as projects and the global fleet expand. ExxonMobil thinks that worldwide natural gas use will grow more than any other fuel – by 65% over the next 30 years…
FMC buys 173-acre parcel of land in Houston Map of Generation Park in HoustonFMC Technologies, Inc. announced that it has purchased a 173-acre parcel of land in Houston, Texas. FMC Technologies has experienced significant growth over the…
DSME awards CB&I UK Mariner topsides contractThe Mariner Field is located on the East Shetland Platform of the UK North Sea approximately 150km east of the Shetland Isles. CB&I announced today that it has been awarded a project valued in…
'The most disappointing part of the empty energy pledges made by both candidates is that cutting oil imports does very little to address oil prices.'The US election is now over. However, from what the candidates said during the long campaign…
Kitimat LNG illustrationChevron buys EOG, Encana stake in Kitimat LNGEOG Resources and Encana have sold their shares in Kitimat LNG and the Pacific Trail Pipeline to Chevron, the supermajor announced on 24 December 2012.The financial terms of the deal were not disclosed…
Chevron and its 50:50 joint partner Shell have scored two gas finds in the Exmouth Plateau of the Carnavon Basin off Western Australia. Pinhoe-1, drilled to 13,396ft TD, encountered 197ft of net gas pay in the Barrow and Mungaroo Sands. The Arnhem-1…
Santos discovered 61m of net gas pay in the Jurassic Montara, Plover and Malita reservoirs in its Crown-1 exploration well in the Browse Basin off Western Australia. The well is located about 500km north of Broome, 60km west of Ichthys field, and 20km east of Poseidon.
Helix Energy Solutions Group has encountered 100ft of high-quality net oil pay in the Wang exploration well, 93 miles off the Louisiana coast in Green Canyon block 237. Drilled to a total depth of 18,300ft, Wang will tie-back to the Helix Producer 1 FPU. First production is expected by 2Q 2013.
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