Drilling & Production
Mar 23, 2017 Total US petroleum deliveries, a measure of demand, moved up 0.1% in February compared with a year ago to average 19.7 million b/d, marking the highest February deliveries since 2008, according to the latest report from the American Petroleum Institute.
Mar 23, 2017 Maersk Oil has reached an agreement with the Danish government providing terms to enable the Danish Underground Consortium (DUC) partners to advance a full redevelopment plan for the Tyra field facilities toward a final investment decision by yearend.
Mar 23, 2017 Germany’s Wintershall Holding GMBH increased oil and natural gas production 8% to 165 million boe in 2016, with higher production volumes coming primarily from Norway and Russia.
Mar 23, 2017 Norway’s Petroleum Safety Authority asked Lundin Norway AS to answer questions by Apr. 6 regarding its drilling plans for production license 492 in the southern Barents Sea, 185 km northwest of Hammerfest. Lundin Petroleum AB is drilling appraisal wells for its Gohta discovery.
Mar 21, 2017 Statoil ASA is moving ahead with Johan Sverdrup Phase 2, which will include development of another processing platform for the field center and the Avaldsnes, Kvitsoy, and Geitungen satellite areas. Discovered in 2010, the North Sea field has estimated resources of 2-3 billion boe.