Field Development

Field Development

ConocoPhillips Plans $1.5 Billion Norway Gas, Condensate Development

ConocoPhillips and its partners plan to produce the reserves with an installation on the seabed connected to existing infrastructure at Conoco's Ekofisk field, some 25 km (16 miles) away.

November 8, 2021

Field Development , Shale Plays

LOGOS Resources II Achieves Record-Breaking Production from Mancos Shale Wells

"We are thrilled with the initial production rate of these wells," Jay Paul McWilliams, CEO of LOGOS, said. 

November 1, 2021

Field Development , Deepwater

Hess Sees 1 Million Barrel a Day Oil Output from Guyana

Higher production from Guyana, considered a growth engine for Hess, also helped the company offset output declines this past quarter in North Dakota’s Bakken and Gulf of Mexico.

October 27, 2021

Field Development , Subsea

Schlumberger Wins Contract for Development of Turkey’s Largest Gas Field

The Sakarya offshore greenfield represents the largest gas reserve ever discovered in Turkey. The subsea development will be located approximately 100 nautical miles into the Black Sea.

October 15, 2021

Field Development

Chevron Signs Offshore Oil Output Sharing Contract with Suriname State Firm

Chevron, which agreed to pay a signing bonus of $30.88 million, is expected to cover the offshore block’s exploration costs in a first phase that will last six years, Suriname state oil company Staatsolie said.

October 14, 2021

Field Development , Discoveries , International , Health, Safety & Environment

EU To Seek Ban on Oil, Gas Exploration in the Arctic

The European Commission proposal reflects the EU's efforts to boost its role on the global stage, though it has limited influence in the Arctic.

October 13, 2021

Field Development , Digital Oilfield , Logistics

Expro’s Octopoda Achieves World Record Depth for Annular Intervention

The Octopoda system successfully reached 300 m in the annulus, a world record depth, and sealed the C annulus of the well.

October 13, 2021

Field Development , Shale Plays , Drilling , Completions

PDC Energy Receives First Approved Permit under New Rulemaking for Weld County Wellpad

PDC Energy Inc. has received approval from the Colorado Oil and Gas Conservation Commission (COGCC) for its Spinney Oil and Gas Development Plan (OGDP) permit application, the company said on Oct. 6.

October 7, 2021

Field Development , Legislation , International

BP Wins Over Greenpeace in North Sea Oil Court Case

A Scottish court handed BP a win over Greenpeace on Oct. 7 after the environmental group tried to void the energy company's license to exploit a North Sea oil field, saying the climate impact of the end-use of oil should not affect permits.

October 7, 2021

Field Development

Shell Restarts Gulf of Mexico Olympus Platform after Hurricane

Shell, the largest U.S. Gulf of Mexico oil producer, was the hardest-hit producer from Ida, which tore through the Gulf in August and removed 28 million barrels of oil from the market.

October 5, 2021