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.
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.
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.
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.
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.
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.
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.
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.
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.
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.