DRILLING AND PRODUCTION NEWS

  • DNO triples oil production from Peshkabir field in Iraq’s Kurdistan region
    on December 11, 2017 at 5:11 pm

    Norway’s DNO ASA reported tripling its oil production to 15,000 b/d from Peshkabir field in the Tawke license in Iraq’s Kurdistan region after completion of the Peshkabir-3 well testing, stimulation, and cleanup program. […]

  • Baker Hughes: US rig count ticks up 2 units to 931
    on December 8, 2017 at 7:29 pm

    The US drilling rig count climbed for the fifth straight week with a 2-unit gain to 931 rigs working during the week ended Dec. 8, data from Baker Hughes indicate. […]

  • License extended for block off Congo (Zaire)
    on December 7, 2017 at 6:50 pm

    Muanda International Oil Co., a subsidiary of Perenco, has reached an agreement with the government of Congo (former Zaire) extending by 20 years the license covering the Offshore DR Congo Block, reports partner Inpex Corp., Tokyo. […]

  • CNPC, Uzbekneftegaz start Karakul phase
    on December 7, 2017 at 6:44 pm

    A joint venture of China National Petroleum Corp. and Uzbekneftegaz has commissioned the first phase of its three-field Karakul natural gas development near Bukhara in south-central Uzbekistan.&nbs […]

  • DUC okays Tyra redevelopment off Denmark
    on December 5, 2017 at 9:33 pm

    Continuation of production from Tyra natural gas field in the Danish North Sea has been assured with approval by the Danish Underground Consortium of a $3.34-billion redevelopment plan. Maersk Oil, the operator, had planned to shut in the field in October 2018 until the consortium proposed redevelopment in March. […]

Market Snapshots


Market Quotes are powered by Investing.com