Murphy Oil said Eugene T. (Gene) Coleman, executive vice president of exploration and business development for the El Dorado, Ark.-based oil and gas company, will retire by the end of February.
Companies are now laying the groundwork to sharply increase overseas crude oil sales.
A supermajor inks a contract for the fi rst drillship rated for 20,000-psi operations.
Multiphase pumps in use in Moho North Field are qualified for high-viscosity applications.
Murphy Oil hits pay zone at Samurai prospect.
OMV and Sapura Energy Berhad have closed the agreement to form a strategic partnership, the company said on Feb. 1.
Specialization works—until it doesn’t. Oil and gas specialists would be wise to consider these hidden risks in pursuing the pure-play strategy.
Total production for the quarter ended Dec. 31 was 289,000 barrels of oil equivalents per day (boe/d), down from 300,000 boe/d a year earlier. Analysts were expecting 271,908 boe/d, according to IBES data from Refinitiv.
The Ram Powell tension leg platform is located in 3,200 ft (975 m) of water in Viosca Knoll Area, Block 956, and is capable of processing 60,000 barrels of oil per day and 200 million cubic feet of gas per day.
Polarcus Ltd. said Jan. 24 that an award has been received for a 3-D marine seismic acquisition project offshore Mexico.
