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NEWS |
Sonardyne instruments chosen by A/S Norske Shell for long-term reservoir monitoring
A/S Norske Shell is launching a 10-year seabed subsidence monitoring campaign at its Ormen Lange field in the Norwegian Sea, using long-endurance sensors from subsea monitoring specialist Sonardyne In (...)
NEWS |
Eco Atlantic Oil & Gas, Touchstone Exploration, Union Jack Oil
Eco Atlantic Oil & Gas Ltd has announced a major new oil discovery in the Orinduik block offshore Guyana. The explorer this morning told investors that the Jethro-1 well has encountered a high-quality (...)
NEWS |
Dana Gas announces new oil discovery in Kurdistan, Iraq
Dana Gas, a regional private sector natural gas company, has announced that its share of the proved plus probable (2P) hydrocarbon reserves at Pearl Petroleum Company’s Khor Mor and Chemchemal Fields (...)
NEWS |
Improved recovery from Gudrun
The Gudrun partners have decided to invest in a water injection plant on the Gudrun field to improve reservoir recovery. This will extend the field life by three years compared to the original plan.
NEWS |
Equinor and partners to invest £225m to extend life of Gudrun field
Equinor and partners are planning to invest £225m to improve reservoir recovery at the Gudrun field located in the middle of the North Sea in licence area PL025.
NEWS |
Gazprom Discovers Two New Fields on Yamal Shelf
The Federal Agency for Mineral Resources approved the expert opinions of the State Reserves Commission with regard to the discovery by
NEWS |
Climate Change: Squeezing North Sea dry will harm Paris targets
Extracting all remaining oil and gas reserves would see the UK miss its climate change commitments, Friends of the Earth Scotland (FoES) has claimed.
NEWS |
Hurricane Energy Starts Up Lancaster Oil Field
Hurricane Energy has started up its Lancaster Field west of Scotland’s Shetland Islands, the company said on May 13, pushing its shares up 6% to a seven-week high. The British oil and gas company s (...)
NEWS |
Fishbones Announces Huge Growth And Seven New Hires, Including New Position Of Chief Technology Officer
Fishbones, the leading provider of alternative reservoir stimulation technology, has announced its busiest start to the year ever, with 700% year-on year growth.
NEWS |
Map: The Countries With the Most Oil Reserves
There’s little doubt that renewable energy sources will play a strategic role in powering the global economy of the future. But for now, crude oil is still the undisputed heavyweight champion of the e (...)
NEWS |
Total drills in world's fastest current in South African oil search
Total SA’s discovery of South Africa’s first oil in deep water could prove to be a bonanza for a country lacking crude reserves of its own and prompt a rush from other majors.
NEWS |
Academics warn oil and gas reserves in Scotland and the UK could only last a decade
Oil and gas reserves in Scotland and the UK may last only a decade, according to academics.
NEWS |
Trump has a plan to preserve benefits for oil drillers in future
A top Interior Department official told oil industry leaders the Trump administration is seeking to sign contracts leasing new coastal waters for oil drilling under favorable terms that will be diffic (...)
NEWS |
Country Focus on Australia’s Oil & Gas Industry
Australia -rich in offshore oil and gas reserves- has seen major developments in its energy industry recently, with significant projects reaching milestones and more resources discovered in its waters (...)
NEWS |
Aker BP makes oil and gas discovery in North Sea
Norwegian oil exploration and development company Aker BP has discovered an oil and gas reservoir near the Alvheim field in the North Sea.
NEWS |
FloFuse: new technology to optimise oil production launched – Tendeka
In response to the challenges of effective water injection in fractured reservoirs, independent global completions service company Tendeka has launched a new technology to optimise oil production.
NEWS |
BHGE creates cost savings with Subsea Connect and Aptara™ TOTEX-Lite subsea system
Subsea Connect improves the economics of offshore projects and has the potential to unlock an additional 16 billion barrels of oil reserves globally.
NEWS |
PermianChain Technologies launches its blockchain-based oil and gas trading and investment platform
PermianChain Technologies has launched the prototype of its platform for trading potential oil and gas reserves that have yet to be developed.
NEWS |
Viking Closes ~ $90M Acquisition And Financing Transaction; Significantly Expands Portfolio Of Producing Oil & Gas Assets In Texas And Louisiana
Viking Energy Group, Inc. (“Viking”) is pleased to announce that it has acquired producing oil and gas assets in Texas and Louisiana, and increased its overall proven oil and gas reserves by approxima (...)
NEWS |
Eland Oil & Gas says drilling on third appraisal well on Gbetiokun field, Nigeria successfully encountered hydrocarbon bearing sands
Eland Oil & Gas PLC (LON:ELA) said that drilling on the third appraisal well on the Gbetiokun field in Nigeria has successfully encountered hydrocarbon bearing sands and added that operations will con (...)
NEWS |
Tendeka continues flow of new technology launches to boost oil recovery
In response to the challenges of effective water injection in fractured reservoirs, independent global completions service company Tendeka has launched a new technology to optimize oil production.
NEWS |
Siccar Point Energy Increases Existing Reserves Based Lending Facility
Siccar Point Energy has signed an agreement with its existing syndicate of banks to increase and extend its existing Reserves Based Lending Facility (“RBL”).
NEWS |
Permian Oil Reserves May Be Twice As Big As We Thought
The U.S. Geological Survey has revised the technically recoverable reserves in the Wolfcamp Basin, in the Permian shale play, to 46.3 billion barrels of crude and 281 trillion cu ft of natural gas.
NEWS |
Permian Token brings the blockchain to the oil and gas sector
PermianChain Technologies is introducing the Permian Token (XPR), a crypto asset-class that will underpin holding rights to the value of potential but undeveloped oil and gas reserves.
NEWS |
UK contains 20 years of reserves
Report places remaining recoverable reserves and resources at up to 20 billion boe. The UK still has remaining levels of reserves which could sustain production for at least the next 20 years, accordi (...)
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