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Subsea 7 adds additional Schilling Robotics HD Systems to ROV Fleet

The HD ROV offers comprehensive workclass ROV performance in a compact configuration while providing extensive onboard space for tooling systems. quotWe are very pleased that Subsea 7 has selecte  More »

Sanchez Energy announces 2012 capital budget and 2012 guidance

2012 Capital Spending and Operating Plans Sanchez Energy39s 2012 capital budget calls for total spending of approximately 136 to 154 million. The 2012 plan calls for the drilling of 23 gross 16  More »

Celtic more than doubles its oil and gas reserves at December 31, 2011

The Company has a Reserves Committee which oversees the selection qualifications and reporting procedures of the independent engineering consultants. Reserves as at December 31 2011 were determined  More »

NPD announces production figures January 2012

This is an increase of 47 000 barrels compared to December 2011. Total gas sales were about 11.2 billion Sm3 which is 0.7 billion Sm3 more than the previous month. The average daily liquid producti  More »

Big Sky Petroleum completes lateral fracture stimulation of well 14-29

The 1429 Well located in Sec 2935N1W of Toole County Montana has been fracture stimulated and is currently undergoing testing and evaluation. The approximate 4100 feet lateral section targeted th  More »

Geopark announces acquisition in Colombia

The agreement also provides for certain contingent payments from production revenues as a result of successful future exploration. GeoPark is acquiring the Winchester Luna assets to form a nucleus ar  More »

Technip awarded contract for a Gas and Condensate Export System project in Saudi Arabia and Kuwait

The project is spread over onshore and offshore locations in two countries Saudi Arabia and Kuwait. The objective of the project is to deliver a combination of lean gas condensate and sour gas thro  More »

Emerson to help Azerbaijan International Operating Company

The Azerbaijan International Operating Company operated by BP has awarded Emerson Process Management a global business of Emerson a multimilliondollar contract to automate a new offshore oil pla  More »

CGX commences drilling Eagle-1 Well offshore Guyana

The Eagle1 well will be drilled to a depth of 4250 metres to test the Eocene and Maastrichtian geologic zones. The well is being drilled by the Ocean Saratoga semisubmersible drilling rig owned by  More »

Det norske’s Kalvklumpen well 25/6-4 S disappoints

The well is located in the central part of the North Sea approx. 20 kms southeast of the Froslashy field 37 kms northeast of the Heimdal field. The primary objective of exploration well 2564 S  More »

Tap Oil sells Harriet JV interest to Apache Corp

Tap Oil has executed an agreement to sell its wholly owned subsidiary Tap Harriet Pty Ltd to a subsidiary of Apache Corp for US10 million. Tap Harriet Pty Ltd holds a 12.2229 interest in the H  More »

TXO Port Authority Licence granted for GBG

The licence entitles Morgan Oil Marine to engage in the business of the collection of ships slops tank washings and waste oil from ships for reprocessing and recycling into useable oil and the sale o  More »