Poland's second-biggest oil refiner Lotos has launched test production at its oil field at the Baltic Sea, the group's key upstream project, the company said on Oct. 6.
The B8 field is estimated to have about 3.5 million tonnes of oil where Lotos has said it plans to produce ultimately some 250,000 tonnes.
Lotos Chief Executive Pawel Olechnowicz said last month that commercial output at the B8 field would be launched in 2016.
After commercial output begins, the company has said B8 would produce up to 5,000 oil barrels per day to be the third biggest production field in Poland. Lotos is now producing 24,000 barrels a day.
Tyner Energy retained EnergyNet for the sale of a North Midland Basin package comprised of non-producing leasehold acreage in Dawson and Martin counties, Texas, through a sealed-bid offering closing Dec. 10.
Ankor E&P Holdings Corp. and KOA Energy LP retained Detring Energy Advisors and Oil & Gas Asset Clearinghouse to market for sale Gulf of Mexico Shelf assets that include working interest in four legacy producing fields.
Here’s a snapshot of recent energy deals including the closing of Southwestern Energy’s acquisition of Montage Resources plus the $44 billion all-stock merger of S&P Global and IHS Markit.