Drilling and Production News

Total confirms G4 well top kill completely stopped Elgin gas leak

Mon, 21 May 2012 16:14:00 GMT

Total UK Ltd. said 5 days of close monitoring confirms the success of a May 15 top kill operation on the leaking G4 natural gas well on the Elgin complex, 240 km from Aberdeen in the UK North Sea.

Diamond Offshore orders drillship, sells jack ups

Mon, 21 May 2012 05:00:00 GMT

Diamond Offshore Drilling Inc. ordered a $655 million ultradeepwater drillship from Hyundai Heavy Industries Co. Ltd. with delivery scheduled for fourth-quarter 2014.

Repsol declares Cuba deepwater wildcat dry

Fri, 18 May 2012 20:30:00 GMT

Repsol SA has declared a dry hole at its deepwater exploratory well in the Gulf of Mexico north of Cuba, press reports indicated May 18.

US drilling rig count gains 12 units to reach 1,986

Fri, 18 May 2012 19:50:00 GMT

There were a total of 1,986 oil and gas drilling rigs working in the US this week, up by 12 units from last week. The rig count for the week ended May 18 was up by 156 rigs compared with the same period a year ago, Baker Hughes Inc. reported.

Atchafalaya Bay gas-condensate field due larger pipeline

Fri, 18 May 2012 18:49:00 GMT

Operations have begun to install a pipeline that will enable a large increase in production from Marathon gas-condensate field in Atchafalaya Bay off Louisiana, said Petsec Energy Ltd., Sydney.

LINN Energy joins Anadarko in Salt Creek carbon dioxide flood

Fri, 18 May 2012 16:00:00 GMT

LINN Energy LLC, Houston, will fund $400 million of Anadarko Petroleum Corp.’s future development costs in giant Salt Creek oil field in Wyoming in exchange for being assigned a 23% interest in the carbon dioxide enhanced oil recovery project.

Heritage outlines Iraq Miran early development

Fri, 18 May 2012 12:26:00 GMT

Heritage Oil PLC said it is considering phased development of Miran field oil and gas-conensate in the Kurdistan Region of Iraq.