Plugging of wells prevents value creation
The Norwegian Petroleum Directorate (NPD) is sceptical of the proposal to plug wells as a measure to keep drilling rigs in activity.
Browse the latest drilling & production news and articles.
The Norwegian Petroleum Directorate (NPD) is sceptical of the proposal to plug wells as a measure to keep drilling rigs in activity.
Since the first oil shock of 1973, instability in the Middle East has frequently been associated with higher oil prices.
Four of Canada's largest oil sands producers have come together to demonstrate leadership on climate change.
Range has reported that the second development well of the 22 well programme, the GY 180SE well which was spudded on 4 November 2015.
NuTech Energy Resources Inc. has announced that the company has entered into an agreement to acquire wells from Emerald Operating Company and Rocky Mountain Exploration Inc.
The acquisition will expand the company’s area of operations and boost presence in the S.E. USA.
Statoil Petroleum AS, operator of production licence 120, has announced it has completed drilling of exploration well 34/8-16 S.
Minor gas/oil/condensate discovery near the Visund field in the North Sea – 34/8-16 S.
Companies will have the opportunity to invest in developer ideas.
The order is the largest ever secured by the company.
Parkmead has reported that first commercial gas production has been achieved at the Diever West gas field in the Netherlands.
Tethys now have access to US$15 million in interim financing.