Yangarra estimates 2,600 boe/d of production in Fourth quarter 2015Jan 8, 2016Yangarra Resources Ltd. says its fourth quarter 2015 production is estimated to be 2,600 boe/d, with two new wells (one 1.0 mile and one 1.5 mile) expected to be on-stream in January
Crescent Point Energy declares 2016 capital expenditures planJan 8, 2016Crescent Point Energy Corp. has declared its capital expenditures plans for 2016. Crescent Point expects to spend between $950 million and $1.3 billion to target an
EMGS releases vessel update and activity for the fourth quarter 2015Jan 8, 2016Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines "vessel utilisation" as
MX Oil update on awarded Mexican onshore concessionsJan 8, 2016MX Oil gives details on the four Land Contract Areas it was awarded, alongside its local partner Geo Estratos, during the third phase of the Bid Round 1 Licensing Round for onshore
Bankers achieves a production average of 18,137 bopd in Q4 2015Jan 8, 2016Bankers achieved a fourth quarter 2015 production average of 18,137 bopd. The 2015 annual production average is 19,384 bopd, compared to average production of 20,690 bopd
President Energy completes two workovers on Argentina assetsJan 8, 2016President Energy says that the two workovers at the Dos Puntitos Field, Puesto Guardian Concession, have now been completed on budget.
TGS issues guidlinees for 2016Jan 8, 2016Based on a preliminary review of sales and investments, TGS provides the following update on Q4 2015: The weak market conditions are expected to continue in 2016.
EIA says gasoline stocks jump 10.576 million barrelsJan 8, 2016U.S. gasoline stocks soared 10.576 million barrels to 231.996 million barrels in the week that ended Friday, U.S. Energy Information Administration (EIA) data showed Wednesday.
Wood Group wins PetroRio contract in BrazilJan 8, 2016Wood Group has been awarded a new contract by PetroRio to deliver services to the Polvo A platform, in the southern Campos basin, approximately 100 kilometres off the coast of Rio de Janeiro. Integrated operations and maintenance services will be provided by Wood Group PSN under the two year contract, which is effective immediately.
Atlantic Petroleum declares December 2015 productionJan 7, 2016P/F Atlantic Petroleum says that during the month of December, Atlantic Petroleum produced a net total of 25,000 barrels of oil equivalents (boe) from the Chestnut field.
Maersk Training and eDrilling team up to enhance drilling operations and reduce costsJan 7, 2016With the oil and gas industry looking to save cost, improve safety, and increase efficiency of operations, Maersk Training and eDrilling formed a partnership aimed at assisting
Faroe Petroleum declares results of technical reportJan 7, 2016Faroe Petroleum declares the independent technical report by Senergy (GB) Limited. LR Senergy have completed their independent technical report on
Enterprise Products Partners elects board of directors of Enterprise Products HoldingsJan 7, 2016Enterprise Products Partners L.P. has declared the election of directors constituting the board of its general partner, Enterprise Products Holdings LLC. Richard H. Bachmann was elected
Drydocks World celebrates a five star grading from the British Safety CouncilJan 7, 2016Drydocks World has received a five star rating from the British Safety Council for the Occupational Health and Safety.
Moore Stephens says shipping will remain volatile and indispensable in 2016Jan 7, 2016International accountant and shipping adviser Moore Stephens says it expects the shipping industry to remain volatile and indispensable in 2016.
Statoil awarded contract for new tank cleaning technologyJan 7, 2016Statoil has long been looking for a way to make tank cleaning on supply vessels safer and more effective. M-I SWACO has developed a new technological solution and
Wintershall signs three-year contract with Kongsberg for well construction solutionJan 7, 2016Kongsberg Oil & Gas Technologies AS (KONGSBERG) has been awarded a 3-year contract by Wintershall Holding GmbH for provision of its hosted SiteCom® real-time data aggregation
Vermillion Energy declares 2016 budgetJan 7, 2016Vermilion Energy Inc. discloses that its Board of Directors has approved an exploration and development capital budget for 2016 of $285 million.
Jericho Oil completes $6.929 million financingJan 7, 2016Jericho Oil Corporation has closed its non-brokered private placement of 17,323,610 units at $0.40 per Unit for gross proceeds of $6.929 million.
Petrolia completes successful cleanup operations at Haldimand 4Jan 7, 2016Pétrolia has completed well cleanup operations at Haldimand 4 and have led to a significant improvement in well production. These operations have been performed without any
Perisson Petroleum initiates strategic financingJan 7, 2016Perisson Petroleum Corporation says that after several months of discussions and due diligence, it has entered into a long term relationship with a new strategic investor group.
Aker Solutions and Lloyd’s Register sign framework agreementJan 7, 2016With this new global framework agreement in place, Norwegian oil services company Aker Solutions can further improve efficiency and uphold their position as forerunner in advanced technologies for the offshore oil and gas industry. Commenting on the achievement, Lead Group Category Manager, Gaute Fardal from Aker Solutions, said: “We are pleased to have Lloyd’s Register on board as a new Group Frame Agreement supplier to Aker Solutions. Our expectations to the agreement are highly competitive priced services and further enhanced efficiency in our processes and product solutions.”
Cape forms JV with OLIO Resources to serve the Malaysian marketJan 7, 2016Cape plc has formed a Joint Venture company with OLIO Resources Sdn Bhd, to bring together the capacity, experience and skills of both organisations in order to serve the
Rockhopper Exploration updates Ombrina Mare projectJan 7, 2016Rockhopper Exploration plc provides the following update on the status of the Ombrina Mare project offshore Italy.
