Field Development

Field Development

LLOG Sanctions Taggart Development in Deepwater GoM

Initial development plans at Taggart include the completion and tieback of two wells. First production is anticipated in 2022. 

June 29, 2020

Field Development

Aker BP Says Norway’s Hod Oilfield Revamp to Cost $596 Million

Output is scheduled to resume in first-quarter 2022.

June 24, 2020

Field Development

FAR Defaults on Senegal Sangomar Project Obligations

The company owns 15% of the Sangomar oil and gas field being developed offshore Senegal.

June 24, 2020

Field Development , Lease Sales

Norway Offers Additional Blocks for Offshore Oil Exploration in Already Opened Areas

The so-called awards in pre-defined areas are for zones offshore Norway already open to oil and gas companies, in the North Sea, Norwegian Sea and Barents Sea.

June 19, 2020

Field Development , Deepwater , Pipelines

Williams Announces Deepwater Tieback Agreement at Devils Tower

Crude oil and gas will be moved through Mountaineer and Canyon Chief pipelines.

June 17, 2020

Field Development

Wintershall Noordzee Starts Production at New Gas Well in North Sea

Wintershall Noordzee, a joint venture of Wintershall Dea and Gazprom EP, began drilling the well in February.

June 16, 2020

Business , Field Development , Shale Plays

Black Stone Minerals, XTO Energy Reach Shelby Trough Development Agreement

The news follows the recent Black Stone Energy development agreement with Aethon Energy in the same region of the Haynesville and Bossier shale plays and complements the company’s goal of reviving volume growth from the area.

June 15, 2020

Field Development

Aker BP, Equinor Agree on Development Plan for North Sea Field Area

The companies, which have long been gridlocked over the development concept, did not give a start date for production nor an estimate for the cost of developing the field.

June 11, 2020

Unconventional , Field Development , Shale Plays

Shell Restarts Operations in Vaca Muerta Block after Seismic Activity

The activities are located at Shell's Bajada de Añelo Block in Argentina’s Vaca Muerta.

June 9, 2020

Field Development

Aker BP, Equinor Approve Investments after Norway Tax Incentive

The decision follows an agreement between the ruling minority government and the main opposition parties June 8 to grant more tax incentives for the oil industry.

June 9, 2020