Production


All posts for Production

Rystad Energy's Oilfield Service Newsletter: FPSO Market Alive and Making Strides Again

The global floating production market has stirred back to life after enduring a couple years in virtual hibernation during the downturn. Last year brought some relief to the market, with six new FPSO orders worldwide , and with oil prices recovering to around $80 per barrel this year, combined w ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > Rystad EnergyOilfield ServicesFPSO +4

Engage with both the E&P community and financial sector at SPE's London Annual Conference.

SPE London Conference 23 October 2018 | Gibson Hall London, England, UK Hear expert opinion on oil and gas investment opportunities at SPE's London Annual Conference. With now only a week to go, register your place today to engage with both the E&P community and financial sectors. Hear from top ...

Kate Dunn


Posted 3 days agoPress > EnergyOil and GasFinance +22

Arthur D. Little Analysis Finds Collaboration is Central to Unlocking Enormous Oil and Gas Potential of US Permian Basin

London, 17 October, 2018 – Arthur D. Little (ADL) today released analysis that highlights the vast potential of shale oil & gas extraction across the US Permian basin. Production in the area, which spans Texas and New Mexico, could reach 5.4 million barrels of oil equivalent (BOE) per day by 2023, ...

OilVoice Press - OilVoice


Posted 4 days agoPress > Arthur D. LittleOilgas +7

Matra Petroleum AB: Operational Update

Matra Petroleum's total oil and gas production*, gross, in the third quarter 2018 increased by 25% to 76,814 barrels of oil equivalent ("boe") (Q2 2018: 61,530 boe). The average daily production increased to 835 barrels of oil equivalent per day ("boepd") (Q2 2018: 676 boepd). In early Octo ...

OilVoice Press - OilVoice


Posted 4 days agoPress > Matra PetroleumOperational UpdateProduction +2

NPD: Drilling Permit For Well 6706/6-2 S in Production Licence 847

The Norwegian Petroleum Directorate has granted Wintershall Norge AS a drilling permit for well 6706/6-2 S, cf. Section 15 of the Resource Management Regulations. Well 6706/6-2 S will be drilled from the Transocean Spitsbergen drilling facility in position 67°37'20.60"N and 6°45'57.57"E. The d ...

OilVoice Press - OilVoice


Posted 4 days agoPress > NPDNorwegian Petroleum DirectorateDrilling +6

Natural Gas Risky Business: What, Me Worry?

Natural gas storage is at record low levels but prices are falling going into winter heating season. Markets seem to be betting that wellhead supply will be sufficient to cover demand this winter. That may be but at what gas prices? This is a game of natural gas risky business. Natural gas 6- ...

Art Berman - The Petroleum Truth Report


Posted 6 days agoOpinion > natural gasStorageArt Berman +3

Russia: Total Opens its New State-Of-The-Art Lubricants Oil Blending and Production Plant

Moscow, October 15, 2018 - Total has inaugurated its new state-of-the-art lubricants oil blending plant, strategically located in the Kaluga region of the Russian Federation. The grand opening ceremony took place today, October 15 th , in the presence of Anatoly Artamonov, Governor of the Kaluga ...

OilVoice Press - OilVoice


Posted 6 days agoPress > RussiaTotalLubricant +3

Equinor Production Start at Oseberg Vestflanken 2

On 14 October the Oseberg Vestflanken 2 field in the North Sea came on stream. Remote-operated from the Oseberg field centre, the new Oseberg H platform is the first unmanned platform on the Norwegian Continental Shelf. Recoverable resources are 110 million barrels, and the project was de ...

OilVoice Press - OilVoice


Posted 6 days agoPress > EquinorEquinor EnergyProduction +8

Touchstone Exploration - OPERATIONAL UPDATE - Touchstone Continues to Grow as it Hits Initial Production Milestone of 2,000 bbls/d

Touchstone continues to grow as it hits initial production milestone of 2,000 bbls/d   Calgary, Alberta – October 11, 2018 – Touchstone Exploration Inc. (“Touchstone” or the “Company”) (TSX / LSE: TXP) announces an operational update.  Highlights Delivered average field estimated crude oil ...

OilVoice Press - OilVoice


Posted 9 days agoPress > Touchstone ExplorationOperational UpdateProduction +2

Seventh Month High Oil Output in Indonesia for Australia's Bass Oil

Daily Production achieved levels not seen since March 2018 Highlights September production volumes totaled 17,081 barrels of oil (JV share) or 9,395 barrels (net to Bass), a 53% increase over August production Daily production increased to levels of between 850 barrels of oil per day (b ...

OilVoice Press - OilVoice


Posted 9 days agoPress > Bass OilAustraliaIndonesia +1

The United States Continues to Increase Production of Lighter Crude Oil

Source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production As domestic production continues to increase, the average density of crude oil produced in the United States continues to become lighter. The average API gravity—a measure of a crude oil's density ...

OilVoice Press - OilVoice


Posted 11 days agoOpinion > EIAEnergy Information Administration EIAUnited States +5

DNO Operations Update: Peshkabir Production Pushes 50,000 bopd

Oslo, 9 October 2018 - DNO ASA, the Norwegian oil and gas operator, today announced production at the Peshkabir field in the Kurdistan region of Iraq has ramped up to 50,000 barrels of oil per day (bopd), meeting the end-2018 target ahead of schedule and below budget. One of two recently comple ...

OilVoice Press - OilVoice


Posted 12 days agoPress > DNOPeshkabir FieldPeshkabir +5

Hurricane Path, Not Just Size, Can Have a Large Effect on Oil and Gas Production

Source: U.S. Energy Information Administration, based on the U.S. Bureau of Safety and Environment Enforcement The 2018 Atlantic hurricane season produced 13 named storms as of October 5, including 6 hurricanes. The most recent of these storms that made landfall in the United States were Tropi ...

Malcolm Graham-Wood - Malcy's Blog


Posted 15 days agoOpinion > United StatesHurricaneGusar +7

Wentworth Resources Limited : Corporate, Operational and Resource Update

Transition and Redomicile of the Company As announced on 2 October 2018, following the Company's Special Meeting, and in line with the head office relocation of the Company from Calgary to London previously announced, the re-domicile of the Company to Jersey is progressing on schedule. Follow ...

OilVoice Press - OilVoice


Posted 17 days agoPress > Wentworth ResourcesOperational UpdateResource Update +4

Ascent Resources Operational Update

Permitting The Board of Ascent is pleased to confirm that there has been significant progress with respect to our long-awaited permits. Based on the last document received from the Environmental Agency we have good reason to be confident that the IPPC permit will be confirmed in the coming we ...

OilVoice Press - OilVoice


Posted 19 days agoPress > Operational UpdateAscent ResourcesProduction