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.

December 5, 2019

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.

December 3, 2019

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.

December 2, 2019

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.

November 26, 2019

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.

November 18, 2019

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.

November 15, 2019

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.

November 14, 2019

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.

November 11, 2019

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.

November 7, 2019

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.

November 5, 2019