AWE Limited has been advised by the Operator, Origin Energy, that the Yolla-A platform has achieved significant production improvement as a result of successful well interventions and is currently producing gas at rates of approximately 57 Tj/day, up from 42 Tj/d that was achieved prior to the well intervention program. Following the successful completion of [...]
AWE Limited reported that a second successful Drill Stem Test (DST) has been conducted at the Lengo-2 appraisal well, offshore Indonesia, achieving a maximum gas flow rate of 21.2 million standard cubic feet per day (mmscf/d). Two further cores have been cut in the Kujung I reservoir from 757m to 784m (2,485 to 2,571 ft) [...]
BG Group Chief Executive, Chris Finlayson will on Tuesday deliver a strategy update outlining the next stage of the company’s growth. The Group’s immediate priority is execution, primarily the delivery of its 2013 milestones and the growth projects in Australia and Brazil. As detailed in the company’s first quarter results, BG Group is making good [...]
In November 2012, Japan Petroleum Exploration Co., Ltd. began drilling the Matang-1 exploration well through its 100% subsidiary, Japex Block A Ltd., in the Matang structure in Block A Aceh in Indonesia’s Aceh region. A production test was recently conducted and approximately 700,000 m3 of natural gas per day has been successfully produced. Medco, the [...]
Managing director of National Iranian Oil Company (NIOC) said that the daily production capacity of gas condensate and gas liquids will rise by 120 thousand barrels per day this year, hitting 650 thousand barrels per day, after launching new phases of South Pars gas field. Speaking to Shana, Ahmad Qalebani said production capacity of oil [...]
Vincent Lagarrigue, Marketing & Project Manager within Trelleborg Industrial Solutions, presented a white paper at OTC 2013 in Houston. Moving liquefied natural gas (LNG) production to an offshore setting certainly presents a serious set of challenges for the offshore oil and gas industry, particularly when it comes to the design and construction of a floating [...]
May 7, 2013 | Posted in
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Origin Energy of Australia released the Quarterly Production Report for its Exploration and Production business for the quarter to 31 March 2013, reporting production of 30 petajoules equivalent (PJe) and sales revenues of $199 million. When compared to the previous quarter, production was 2 per cent higher. Sales revenues decreased by 1 per cent despite [...]
April 30, 2013 | Posted in
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Petrobras announced that, in March, total oil and natural gas production in Brazil averaged 2,247 thousand barrels of oil equivalent per day (boed). Including the share operated by the company for its partners, total production was 2,345 thousand boed, down 2.8% compared to February. Total volume produced by Petrobras in Brazil, plus the company’s production [...]
The Gazprom Board of Directors took notice of the information about the progress with preparing proposals on updating the Gazprom LNG Production and Supply Strategy. In March 2008 the Gazprom LNG Production and Supply Strategy was approved. In October 2012 the Board of Directors made a decision to update the document. During the last five [...]
Santos announced first quarter production of 12.1 million barrels of oil equivalent (mmboe), 2% lower than the first quarter of 2012. Gas production of 52.8 PJ (9.1 mmboe) was in line with the corresponding period, with higher Otway Basin production offset by lower production from the Cooper Basin due to major planned shutdowns. The average [...]
