Virtus Oil and Gas completes onsite well staking for first well
Jan 20, 2015
Virtus Oil and Gas Corporation has completed its required onsite well staking for the first #1 well pad and ancillary facilities. A Notice of Staking has been sent to Bureau of Land

Titan Energy plan a replacement well, Ward-1, for unsuccessful Perry-1 well
Jan 20, 2015
Titan Energy Ltd provides an update on its activities on the eastern flank of the Allen Dome oilfield in Texas known as the Perry Ranch.

ExxonMobil commences production at the Sakhalin-1 Arkutun-Dagi Field
Jan 20, 2015
Exxon Mobil Corporation has begun production at the Sakhalin-1 project's Arkutun-Dagi field - the last of the three fields to be developed. Peak daily

Eni obtains three-year extension on exploration period of Block 15/06 in Angola
Jan 20, 2015
In Block 15/06, acquired in 2006 following an international bid round, Eni has drilled 24 exploration and appraisal wells, discovering over 3 billion barrels

OEG Offshore appoints new Group Chief Financial Officer
Jan 20, 2015
OEG Offshore confirms Adrian Bannister has been appointed as chief financial officer (CFO) of the OEG Offshore group of companies.

Jan Scheepers joins Port2Port Maritime
Jan 20, 2015
Port2Port Maritime UK Ltd has appoints Jan Scheepers as Non-Executive Director and Board Member to the company.

Salamander Energy satisfy SONA condition ready for acquisition by Ophir
Jan 20, 2015
On 24 November 2014, the boards of Salamander Energy and Ophir Energy announced the terms of a recommended

CanElson reduces its 2015 Capital Program by 80%
Jan 20, 2015
CanElson Drilling Inc. has revised its 2015 capital program, including the deferral of construction of three contracted drilling rigs, has reduced its quarterly

Strata-X Energy Blue Spruce #1 well testing on track
Jan 20, 2015
Strata-X Energy Ltd. has mobilized completion equipment to the location of the Blue Spruce #1 to test the productivity of the

ALMACO's provision stores and refrigeration machine onboard the Pieter Schelte
Jan 20, 2015
Pieter Schelte is the world’s largest dynamically-positioned (DP) platform installation, decommissioning and pipelay vessel, and

Claxton increases North Sea’s largest surface riser stock for ultra heavy-duty jackups
Jan 20, 2015
Claxton is extending its large surface riser inventory to meet operators’ needs as more heavy-duty jackup rigs enter the North

Chinook Energy reduced 2015 capital program
Jan 20, 2015
Chinook Energy Inc. has positive working capital of approximately $75 million and is undrawn on its $125 million credit facility

Abilene Oil and Gas to complete Woelk #1-19 well as a future producer
Jan 20, 2015
Abilene Oil and Gas announces the following operational update. This well has been drilled to a total depth of 3303 feet and results show the potential

ExxonMobil PNG gets license to develop P'nyang field in PNG
Jan 20, 2015
ExxonMobil PNG Limited, operator of the PNG LNG Project, and the government of Papua New Guinea (PNG) have reached

ITC introduces new rental division to service offering
Jan 20, 2015
A north-east hydraulic solutions specialist has added a new rental division to its growing service offering. Aberdeenshire-based ITC Hydraulics

Magnolia LNG signs EPC MOU with KBR & SKEC
Jan 20, 2015
Liquefied Natural Gas Limited says that its wholly owned subsidiary, Magnolia LNG LLC (MLNG), has executed a Memorandum

Platts JKM™ for February-delivered LNG falls to four-year low
Jan 20, 2015
Prices of spot liquefied natural gas (LNG) for February delivery to Asia plunged to a four-year low, averaging $9.911 per million

INPEX begins oil production at Lucius oil field in US Gulf of Mexico
Jan 20, 2015
Inpex Corporation (INPEX) announces first production on January 16, 2015 at the Lucius Oil Field, which includes portions of

Lundin Petroleum produces first oil from the Boyla Field, offshore Norway
Jan 20, 2015
Lundin Petroleum announces that first oil from the Bøyla field has been achieved. The Bøyla field commenced production on 19 January 2015. The Bøyla field, located on PL340 in the Norwegian sector of the North Sea, is a subsea tie-back to the Alvheim field where Lundin Petroleum has a 15 percent non-operated interest.

Zone 0 tool detection alarm for drilling and Intervention reduces risk to production
Jan 19, 2015
Severn Subsea Technologies (SST) has developed Zone 0 rated, tool detection sensor technology to reduce the risk of

Savanna Energy Services reduces capital spending by 29%
Jan 19, 2015
In light of the significant uncertainty in respect of commodity pricing and activity levels for all of Savanna Energy Services

Workforce reduction of 9,000 at Schlumberger
Jan 19, 2015
Schlumberger became the latest big name in the industry to announce a mass workforce reduction - cutting 9000 jobs.

BP statement on phase 2 decision in Gulf Oil spill trial
Jan 19, 2015
The United States District Court for the Eastern District of Louisiana ruled on the issues raised in the Phase 2 trial of the Deepwater

Peyto Exploration & Development adds two new members to management team
Jan 19, 2015
Peyto Exploration & Development Corp. has added two new members to its management team. Mr. Lee Curran has been promoted to