Production


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Rystad Energy: Middle East Driving Global Growth in Conventional Oil Output

Middle Eastern oil production is expected to grow by 2.7 million bpd by 2025, according to latest Rystad Energy analysis. The boost in conventional oil output from the Middle East is primarily driven by supply additions from Iraq with 1.5 million bpd growth, and an additional 1.2 million bpd mainly ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > Rystad EnergyMiddle EastOil +5

NPD: Drilling Permit for Well 8/10-7 S in Production Licence 405

The Norwegian Petroleum Directorate has granted Spirit Energy Norge AS a drilling permit for well 8/10-7 S, cf. Section 15 of the Resource Management Regulations. Well 8/10-7 S will be drilled from the Maersk Interceptor drilling facility in position 57°6'54.81" north and 3°3'31.5" east. The d ...

OilVoice Press - OilVoice


Posted 11 months agoPress > NPDNorwegian Petroleum DirectorateDrilling +8

Benthic Successfully Completed Field Work for Esso Exploration & Production Guyana LTD

Benthic, a global geosciences company, has completed field work for Esso Exploration and Production Guyana Ltd. for an offshore geotechnical investigation and environmental baseline survey in the Stabroeck and Canje Blocks, Offshore Guyana. Benthic executed the combined geotechnical and environ ...

OilVoice Press - OilVoice


Posted 11 months agoPress > benthicEsso ExplorationProduction +5

Oil and Gas Firm Has Success with Second Thailand Appraisal Well

This Alberta-based energy company is ready to move to well production testing. Pan Orient Energy Corp.'s (POE:TSX.V) appraisal well L53-DD2 encountered about 32 meters (32m) of net oil pay within four distinct sandstone reservoirs between the true vertical depth of 1,044 and 1,105m, the co ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > OilgasStreetwise Reports +7

Bass Achieves Record Oil Production at Tangai-Sukananti

Bass Oil (ASX: BAS) is pleased to announce that it has produced a record monthly oil production of 27,795 barrels of oil JV share, or 15,287 barrels Bass share, from its Indonesian Tangai-Sukananti KSO during the month of October. This represents an average daily rate of 896 barrels of oil per ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Bass OilBassProduction +5

Elk Petroleum: Quarterly Report - 31 October 2018

Sales Production Steady Production with planned Capital and Operating Developments Previous financial quarter (Q4 2018 to Q1 2019) Oil makes up over 67% of Company's total production Minimal change to Quarter on Quarter Oil Production Minor Aneth production decrease attri ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Elk PetroleumProductionEarnings +1

Lundin Petroleum: Report for the Nine Months Ended 30 September 2018

Highlights Record high quarterly free cash flow generation of approximately MUSD 230 Production for the nine month period in line with mid-point of revised full year guidance: 78–82 Mboepd Operating cost of USD 3.49 per barrel for the nine month period, full year guidance adjusted down to bel ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Lundin PetroleumEarningsResults +2

Steven W. Green Named President of Chevron North America Exploration and Production

Green succeeds Jeff Shellebarger who will retire after a 38-year career Nigel Hearne appointed president of Chevron Asia Pacific Exploration and Production SAN RAMON, Calif.--(BUSINESS WIRE)--Nov. 6, 2018-- Chevron Corporation (NYSE:CVX) today named Steven W. Greenpresident of Chevron North A ...

OilVoice Press - OilVoice


Posted 11 months agoPress > ChevronChevron CorporationNorth America +7

Kosmos Energy Ltd - 3rd Quarter Results

DALLAS--(BUSINESS WIRE)-November 5, 2018-- Kosmos Energy Ltd. ("Kosmos") (NYSE: KOS) announced today financial and operating results for the third quarter of 2018. For the third quarter of 2018, the Company generated a net loss of $126.1 million, or $0.31 per diluted share as compared to net loss ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Kosmos EnergyEarningsResults +6

Trinity Exploration & Production plc (AIM: TRIN): TGAL (First Phase) FDP Submission

Trinity Exploration & Production plc (AIM: TRIN), the independent E&P company focused on Trinidad and Tobago, announces that, as operator, it has submitted the first phase (“First Phase”) of its Field Development Plan ("FDP") for the TGAL Area, located on the Galeota Block, offshore the East Coa ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Trinity E&PTrinity Exploration & Productionexploration +8

NPD: Drilling Permit for Well 24/9-13 in Production Licence 869

The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for wildcat well 24/9-13, cf. Section 15 of the Resource Management Regulations. The well will be drilled from the Scarabeo 8 drilling facility in position 59°17'51.93" north and 1°46'2.34" east after drilling wildcat ...

OilVoice Press - OilVoice


Posted 11 months agoPress > NPDNorwegian Petroleum DirectorateDrilling +7

U.S. Monthly Crude Oil Production Exceeds 11 Million Barrels Per Day in August

Source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. crude oil production reached 11.3 million barrels per day (b/d) in August 2018, according to EIA's latest Petroleum Supply Monthly , up from 10.9 million b/d in July. This is the first time that monthly U.S. p ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > USACrude oilOil +5

KG Basin Will Play Crucial Role in India’s Move Towards Natural Gas-Based Economy, says GlobalData

At a time when production at traditional offshore assets on the west coast is set to decline over the next decade, the upcoming deepwater and ultra-deepwater projects in the Krishna-Godavari (KG) basin at the Bay of Bengal will play a crucial role in India's move towards a natural gas-based economy ...

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Posted 11 months agoOpinion > KG BasinIndianatural gas +7

NPD: Drilling Permit for Well 31/7-3 S in Production Licence 740

The Norwegian Petroleum Directorate has granted Faroe Petroleum Norge AS a drilling permit for well 31/7-3 S, cf. Section 15 of the Resource Management Regulations. Well 31/7-3 S will be drilled from the Transocean Arctic drilling facility in position 60°26'42.63" north and 3°3'13.81" east afte ...

OilVoice Press - OilVoice


Posted 11 months agoPress > NorwayNPDNorwegian Petroleum Directorate +6

Hess Reports Estimated Results for the Third Quarter of 2018

Key Highlights: Announced a ninth oil discovery on the Stabroek Block, offshore Guyana, at the Hammerhead-1 exploration well located approximately 13 miles southwest of the Liza-1 well The Hammerhead discovery adds to the previously announced estimate of gross discovered recoverable reso ...

OilVoice Press - OilVoice


Posted 11 months agoPress > HessHess CorporationResults +11