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India
09/06/2010 - Oilex Updates Cambay Field OpsOilex announced a significant upgrade to its Reserves and Contingent Resources for the Cambay Field low permeability ("tight") Eocene reservoirs in Gujarat, India. This follows a nine month program of extensive technical studies on the Cambay Field "tight" reservoirs using proprietary low permeability reservoir technologies derived from similar "tight/shale gas" projects in North America.
South America
09/06/2010 - Rockhopper Preps Flow Test Ops in Falkland BasinRockhopper reported that the Ocean Guardian drilling rig is at the location of the Sea Lion 14/10-2 discovery well and that operations to carry out a flow test on the Sea Lion main and lower fans are underway.
Oil & Gas
09/06/2010 - Chariot O&G Ramps Reserves Offshore NamibiaChariot O&G updated its Namibian resource potential. The resource update is based upon the mapping and interpretation of the 3D seismic datasets received at the beginning of July for blocks 1811A&B in the North and blocks 2714A&B in the South and the final interpretation of the 2D seismic in its Central blocks offshore Namibia. Following this, a further 1.5 billion barrels of unrisked prospective resources have been identified, the total gross resource volume now standing at over 10 billion barrels
Companies
09/06/2010 - Northern Offshore Welcomes New Senior VPNorthern Offshore announced that Mr. Paul Ravesies has joined the company as Senior Vice President, Marketing and Business Development.
United States
09/06/2010 - Krescent Completes Construction of Tx. PipelineEmpyrean advised that the operator, Krescent, has completed construction of the pipeline required to connect the BP America A-740 well to the nearby sales pipeline.
Egypt
09/06/2010 - Dana Gas Hits Paydirt in Nile DeltaDana Gas has announced a new gas discovery in the Nile Delta, Egypt. The discovery well South Abu El Naga-1ST, located in the West El Manzala Concession, encountered 7.2 and 12.6 metres of net pay in the Abu Madi Upper and Lower formation respectively, and 4.8 meters in the Kafr El Sheikh formation.
Oil & Gas
09/03/2010 - Statoil Gets Green Light to Use Asgard B FacilityStatoil has been granted consent to use the new pipeline L-103 from subsea template L to Åsgard B. The consent also entails changes to the process equipment on Åsgard B as a result of the new pipeline. There will be no changes to the process equipment on Åsgard A.
Gas Industry
09/03/2010 - Gazprom and SOCAR Sign Addendum to Boost Azerbaijani GasAlexey Miller, Chairman of the Gazprom Management Committee attended in Baku an extended meeting with Ilkham Aliev, President of Azerbaijan within the official visit of the Russian Federation President Dmitry Medvedev to the Republic of Azerbaijan.
North Sea
09/03/2010 - Aquaterra Clinches Contract for 'World First' RiserAquaterra has secured a major contract for a High Pressure Marine Riser System from Apache North Sea Limited. The high pressure, 10,000 psi rated, full-bore drilling riser system, complete with H4 compatible subsea connector is a 'world first' in terms of the connections and its operation. The Riser System will be used during Apache's 2011 drilling program as they develop the Bacchus field in the North Sea, drilling three subsea wells from the Rowan Gorilla VII jack-up rig.
DeepWater Horizon Incident
09/03/2010 - BP Spent $8B on Oil SpillOil major BP said Friday it has spent around $8 billion to date in response to the massive oil spill in the Gulf of Mexico and expects to resume its relief well drilling shortly.