Field Development
Company Profiles , Exploration & Production , Unconventional , Field Development , Shale Plays
Key Players: Shale Growth Slows For Top US Operators
Second-half 2019 results show glimmer of hope for a promising 2020. This section profiles 43 major U.S. shale players operating in the Permian, Eagle Ford, Rockies, Midcontinent and Appalachia and covers their latest 2019 production results and 2020 forecasts.
Field Development
Equinor: Sverdrup Oil Field Output Rises To About 350,000 Barrels Per Day
The North Sea field, which began output on Oct. 5, is now western Europe’s largest oil producer.
Field Development
Equinor Becomes Operator Of Wisting In Barents Sea
Equinor will serve as operator during the development phase, while OMV will assume the role during the operation phase, Equinor said in a news release.
Field Development
Pertamina Lines Up New Drilling Plan For Mahakam Block
The project, which will be implemented by PT Pertamina Hulu Mahakam, is estimated to cost about US$1.5 billion.
Field Development
Australia’s Woodside, BHP Agree On Tolling Terms For Scarborough Gas
The breakthrough follows months of talks between the two companies over what to charge for processing gas from the field through Woodside’s Pluto LNG plant.
Field Development
Petrobras, Partners Mark First Oil From Iara Offshore Brazil
Located in the Santos Basin offshore Brazil, the FPSO has a daily capacity of up to 150,000 barrels of oil and 6 million cubic meets of natural gas.
Field Development
Norway Approves ConocoPhillips’ Tor II Field Development Plan
Production is expected to start in fourth-quarter 2020, the oil and energy ministry said Nov. 14.
Field Development
Aker BP Plans Early Startup At Norway’s Aerfugl Gas Field
The company plans to start Aerfugl production in first-half 2020, three years ahead of what had originally been billed as the field’s second phase.
Field Development
Noble Energy Targets December First Gas For Leviathan Field
The project in the Eastern Mediterranean is running ahead of schedule and is $150 million under budget.
Field Development
Chevron, Hess, Kosmos Find Success Offshore With ILX Strategy
Companies looking for alternatives to onshore developments have been rolling out exploration campaigns focused on areas where infrastructure already exists and using seismic data to help find more resources.