“Fake news” has a partner in the seething mire of environmental politics. It’s the fake issue. Source: News
Lower 48 digitalization
Oil and gas producers, particularly independents operating in the US Lower 48, are adapting digital technologies to trim expenses and increase well productivity, according to recent findings from an upstream report by Wood Mackenzie Ltd. and a separate energy executive survey by Deloitte. Source: News
PTTEP’s Montara oil field production halted by NOPSEMA
Oil production from Thai company PTTEP’s Montara field in the Timor Sea has been halted following several potentially injurious safety incidents and cannot resume until cleared by Australia’s offshore safety regulator, the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA). Source: News
Confused oil market needs and will have limitation of supply
Scrutiny of oil markets is difficult enough without high-level bluster fogging analysis. Source: News
PetroTal starts flow from oil find in Peru
PetroTal Corp., Calgary and Houston, is moving a rig to Bretana field on Block 95 for a three-well program beginning next year after starting production from the Bretana Norte discovery well. The company said the well is producing more than 2,000 b/d of 19.2° gravity oil after the commissioning of water-injection facilities. Source: News
Baker Hughes: US, Canada weekly rig counts up
The US drilling rig count is up 1 unit to 1,082 rigs working for the week ended Nov. 16, according to Baker Hughes data. The count is up 167 units from the 915 rigs working this time a year ago. At 1,058 rigs working, an additional unit was drilling on land week-over-week. Offshore units also were […]
Cadogan’s shallow Ukraine well noncommercial
Cadogan Petroleum PLC said its shallow Vovche-2 well on the Bitlyanska license in Ukraine is noncommercial. Source: News
Santos cleared to acquire Quadrant Energy
Santos Ltd., Adelaide, has been cleared by the Australian Competition and Consumer Commission (ACCC) for its proposed acquisition of Quadrant Energy Ltd., Perth. The $2.15-billion deal announced at the end of August is now expected to reach completion in a matter of weeks. Source: News
Papua LNG group signs MOU with Papua New Guinea
The Papua LNG joint venture partners led by Total SA have signed a memorandum of understanding with the government of Papua New Guinea for development of the Elk-Antelope gas-condensate fields, known as the Papua LNG Project. Source: News
Ichthys production elevates Australia to world’s top LNG exporter
Japanese Prime Minister Shinzo Abe has officially opened the Inpex group’s $40-billion Ichthys LNG project at a ceremony in Darwin, a symbolic milestone that also propels Australia to the top of the list of the world’s LNG exporters, according to Adelaide-based energy economics group EnergyQuest. Source: News