News

  • Epsilon well starts up offshore Greece

    Energean Oil and Gas Plc has brought the extended reach well EA-H3 into production at the Epsilon field offshore Greece.   It is producing at a stable dry oil rate of more than 1,000 b/d on a restricted choke.   The Energean Force drilled the…

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  • Exxon Eyes Floating LNG Partnership in Israel

    Exxon Mobil is in discussions to build a platform which would expand the export reach of Israel’s biggest natural gas field, according to people familiar with the matter. Israeli gas stocks rose.   The world’s largest publicly-traded oil and gas company is in talks with…

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  • Genel Energy puts new Taq Taq well on production

    Genel Energy has announced an update on activity at the Taq Taq field (Genel 44% working interest), as testing of the TT-20z well has now been completed. The well has entered production at an initial rate of 2,000 bopd with a 24/64” choke, and this…

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  • Cadogan plans test of well in Ukraine

    Cadogan Petroleum Plc, London, plans to test its Blazh-10 well in western Ukraine after open-hole logs indicated oil in the target Paleocene Yamna formation.   The well penetrated a 207-metre Yamna section at a depth 50 metres higher than prognosis.   Further log interpretation and…

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  • Trump May Limit State Power Over Pipelines

    Developers have been trying for six years to build a 124-mile natural gas pipeline from Pennsylvania to New York. Despite winning a federal approval in 2014, the project is still no closer to reality.   Enter President Donald Trump, who is poised to issue an…

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  • Eni in first foreign offshore oil asset installation in Mexico

    Italian oil and gas giant Eni has installed its Miztón platform offshore Mexico, making it the first foreign offshore oil asset installation in Mexico.   Mexico’s National Hydrocarbon Commission (Comisión Nacional de Hidrocarburos, CNH) approved Eni’s development plan for the discoveries of Amoca, Miztón and…

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  • NZOG extends Barque work programme

    New Zealand Oil & Gas reports that the deadline for a decision about whether to drill an exploration well in the Clipper permit, east of Oamaru is to be extended by three years.   Clipper contains the multi-tcf Barque prospect located about 60 kilometres east…

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  • Barclays report points to five signs offshore is recovering

    Five signs that the offshore oil and gas industry is recovering are starting to become clearer, with 2019 seen as a transition year and with offshore embarking on a multiyear trajectory starting in 2020.   These were among the findings in a recent research report…

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