Field Development
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.
Field Development
Ghana’s $4.4 Billion Pecan Oil Field Development Faces Delay
While Aker initially aimed to tie in discoveries in a wider area to its planned Pecan production systems, it had failed to obtain changes in regulation that would facilitate such an approach, the company said.
Earnings , Field Development
Concho Resources Grows Permian Basin Production, Reduces Costs
The company reported Oct. 29 net income of $558 million for third-quarter 2019, compared to a loss of $199 million a year earlier.
Earnings , Field Development
ConocoPhillips Preps For More Drilling In Alaska
The company reported Oct. 29 third-quarter 2019 earnings of $3.1 billion, up from $1.9 billion a year earlier.
Field Development
Chevron Seeks Partner For Indonesian Deepwater Project
The company has a 62% participating interest in the IDD-II project, which covers development of the oil- and gas-rich Gendalo and Gehem fields.