Drilling and Production News

Shales not yet a big factor in New Mexico gas

Thu, 09 Feb 2012 16:58:00 GMT

New Mexico remains an important gas producing state, but shale gas exploration and production have been minimal, says an article by the New Mexico Bureau of Geology and Mineral Resources at New Mexico Tech in Socorro.

Seadrill announces contracts for three jack up rigs

Tue, 07 Feb 2012 21:41:00 GMT

Seadrill Ltd. announced contracts for the three jack up rigs: Offshore Mischief, Offshore Defender, and West Leda. The three contracts have an aggregated revenue potential of $311 million including mobilization fees and assignment-specific rig modifications.

Athabasca presses Montney, Nordegg light oil work

Tue, 07 Feb 2012 19:38:00 GMT

Athabasca Oil Sands Corp., Calgary, reported completion of Montney and Nordegg multistage fractured horizontal wells at Kaybob in the Deep Basin of Alberta.

Total starts second Ofon development phase

Tue, 07 Feb 2012 18:47:00 GMT

A unit of Total SA is installing four platforms on Ofon oil field offshore Nigeria in a second phase of development that will triple production to 90,000 boe/d (OGJ Online, July 24, 2007).

ExxonMobil licenses sand-control technology

Tue, 07 Feb 2012 16:03:00 GMT

ExxonMobil Upstream Research Co. has issued a global license for proprietary oil-well sand-control technology to Weatherford International Ltd.

IHS: Shale plays driving demand for oil field chemicals

Mon, 06 Feb 2012 21:42:00 GMT

The global market for oil field specialty chemicals reached nearly $16 billion in 2010 with the US and Canada accounting for 52%, which an IHS Chemical market study attributed to increasing oil and natural gas drilling activity in shale plays.

Strong drilling year seen in 2012 in US, Canada

Mon, 09 Jan 2012 06:00:00 GMT

Drilling activity should remain strong in the US and Canada in 2012 after substantial year-to-year gains in 2011.