Titan Energy has begun flow testing at its drilling program on Allen Dome. The Australian oil and gas firm said the JT Reese #14 well is currently flowing 11% high gravity oil at 80psi on a 16/64 choke and is the first of eight prospective pay zones.
The story which sparked the most interest with Energy Voice readers this week was the news of a renewables boost for Global’s Nigg Energy Park. Tidal devices for the Meygen project in the Pentland Firth will built and tested at the site in Easter Ross.
Plexus Holdings has secured a new £1 million contract with Premier Oil Norge AS. The contract will enable the Aberdeen-based firm to supply its wellhead technology for an exploration well in Norwegian Central North Sea in August.
Royale Energy has received permissions to drill 30 wells at Ballinger Oil Field in Runnels County in Texas. Three of these wells will be drilled as soon as possible at the Ellenberger formation in the northern parts of the US state.
Norwegian oil and gas operator DNO ASA has doubled the capacity at its flagship Tawke field in the Kurdistan region of Iraq. The 200,000 bopd wellhead, processing and pipeline capacity milestone was reached in less than two years, with 10 new horizontal wells and the construction of two early production facilities with a combined capacity of 80,000 bopd and the installation of a new 44-km, 24-in. pipeline.
Chesaspeake Energy has appointed a new executive vice president of exploration, land and subsurface technology. Frank Patterson joins the US-based oil and natural gas firm with more than 30 years' experience in the industry.
Energy services firm Proserv has completed the first phase of one of its biggest contracts. The Aberdeen-quartered company has delivered three of nine control systems that will support drill pipe riser (DPR) intervention services at depths of 2,500 metres.
Pacific Rubiales Energy has received a joint takeover approach from Mexican conglomerate Alfa Sab de CV and Harbour Energy. Alfa and Harbour have agreed to acquire the Canadian firm for $6bn, including debt.
Statoil has been granted a drilling permit by the Norwegian Petroleum Directorate (NPD). Wellbore 6407/8-7 will be drilled from the Transocean Spitsbergen drilling facility. The well's licence, which is the first in the venture, concerns the drilling of a wildcat well in production licence 348 C, which was awarded in February.
Range Resources has confirmed the sale of part of its assets has successfully closed. The oil and gas exploration firm has sold Range Resources Drilling Services (RDSL) for $4.37million. Texas-based RDSL will continue to provide full oilfield operations services to Range in Trinidad.
Liquefied Natural Gas Limited has made progress with its Magnolia LNG project in Louisiana as two key steps have been taken in readiness for the engineering, procurement, construction and commissioning phase. The company has agreed on contract terms and conditions with the Kellogg Brown & Root LLC and SK E&C Group joint venture (KSJV).
Petsec has begun drilling at its Mystic Bayou Field. Work on the 16,700 RA SUA Williams #2 alternate well in Louisiana started earlier this week. The well is being drilled to a vertical depth of of 17,035 ft to test the oil and gas potential in Lower Miocene age Planulina sand reservoirs in a fault closure up-dip from production in the Planulina interval in Mystic Bayou Field.
Waldron Energy is to sell its Strachan and Ricinus assets for $12.3million. The disposition process has begun and the sale is expected to close this week.
An energy industry specialist has appointed a new technical director. Lee Hanson joins Fisher Offshore with more than 20 years' experience in the oil and gas industry.
A survival training firm has been recognised for its achievements in safety at this year’s IADC North Sea Chapter Awards. Falck Safety Services has received the accolade in honour of its safety initiatives, which have included schemes to improve safety performance and reducing risk in environmental, technical and operational settings, throughout the last 12 months.
Stetson Oil and Gas has appointed a new president and chief executive. Fred Leigh joins the energy firm with more than 30 years’ experience in the industry where he has previously held titles such as founder and director.
LGO has spudded a well in its Goudron Field. Well GY-672 was spudded on April, 15 and log interpretation has confirmed the the presence of recoverable hydrocarbons.
MSIS has invested more than £1million in its rental fleet and a new facility in Aberdeenshire. The 17,500 square foot base within the Kirkwood Commercial Park in Inverurie comprises a workshop, yard and warehouse.
BP Shipping celebrated its 100-year anniversary yesterday, making it the longest continually operating company in the group. Formed on April 30, 1915 as the British Tanker Company, the business has contributed to two world wars, the Great Depression, the closures of the Suez Canal, and the impact of oil nationalisations on the world economy and the movement of oil and gas. It has also played a role in the evolution of safer and more environmentally sustainable shipping practices including inert gas systems, crude oil washing and double hulling.
Solo Oil is to team with one of the oil industry’s leading entrepreneurs in an asset swap deal. Solo will exchange its 15% stake in Pan Minerals and Gas for a 15.9% stake in Burj Petroleum Africa and will acquire a further 5% for $500,000 in cash and shares.
KBC Advanced Technologies has signed a non-exclusive cooperation deal with Norway's Kongsberg Oil & Gas Technologies. The agreement will enable the pair to work on developing simulation software and more effective engineering and operations workflows for the oil and gas sector.
Industry experts have been urged to step forward and voice their concerns over the challenges currently facing the sector as a result of the falling oil price. Subsea UK has made its last call for papers for its annual ROV conference. The event, which is now in its third year, will be held at the Aberdeen Exhibition and Conference Centre during the final day of the Offshore Europe conference on Friday, September 11 and will debate key industry issues across the globe. Topics under the spotlight include deepwater construction, operational efficiencies, ROV development, and technological advancements.
Rose Petroleum has chosen the Cisco Dome region for the first of six new horizontal wells on the Mancos Shale formation in Utah. The move comes after after analysis of previous core results and it is hoped the first of the new wells will be under way by the end of 2015.
Oilex has completed the Cambay-73 oil and gas facilities and will begin to connect the pipeline next month. Construction of the pipeline has commenced and it is expected to be ready for connection to the production facilities during May 2015 when final commissioning to be completed.
This week's most read story on Energy Voice was Loren Steffy's discussion on the news that Shell is to buy BG Group for £47million. In his editorial he reflects on what could have been should Shell have decided to snap up BP instead. The news of the sale initially began circulating earlier this month.
