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Empire Petroleum acquires oil and gas assets in Texas from Pardus Oil & Gas

Empire Petroleum acquires oil and gas assets in Texas from Pardus Oil & Gas

Empire Texas, a subsidiary of Tulsa-based oil and gas company Empire Petroleum, has acquired oil and gas producing assets across the Madison, Houston, and Leon Counties in Texas and associated midstream assets from Pardus Oil & Gas and Pardus Oil & Gas Operating GP. Financial terms of the deal were not disclosed. The producing assets […]

North Field East Project : Development drilling begins for Qatari gas project expansion

North Field East Project : Development drilling begins for Qatari gas project expansion

Qatar Petroleum has launched a development drilling campaign for the North Field East Project (formerly known as the North Field Expansion Project), aimed at expanding the offshore North gas field off the north-east Qatari coast, which has been producing since 1997. The development drilling campaign involves the drilling of 80 development wells. The first development […]

OPEC meeting April 2020 : Countries to cut crude oil production amid COVID-19 crisis

OPEC meeting April 2020 : Countries to cut crude oil production amid COVID-19 crisis

OPEC meeting April 2020 : OPEC and other oil producing nations have reached a consensus on cutting production of crude oil by 10 million barrels per day (mb/d) for the next couple of months owing to the low demand for oil resulting from the recent coronavirus crisis. The countries, which took part in an extraordinary […]

Equinor and partners make Monument oil discovery in US Gulf of Mexico

Equinor and partners make Monument oil discovery in US Gulf of Mexico

Monument oil discovery : Equinor and its partners Progress Resources USA and Repsol E&P USA have made an oil discovery in the US Gulf of Mexico following the drilling of the Monument exploration well. According to Equinor, the Monument exploration well intersected nearly 60 metres of net oil pay with good reservoir characteristics in Paleogene […]

Scarborough gas field: NOPSEMA approves Woodside’s project proposal

Scarborough gas field: NOPSEMA approves Woodside’s project proposal

The Australian National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has given its approval to the offshore project proposal (OPP) for the Scarborough gas field development filed by Woodside Petroleum. The Scarborough field, which is contained in the Indian Ocean, offshore Western Australia, contains an estimated contingent resource (2C) dry gas volume of 11.1 […]

KG-DWN-98/2 project : ONGC produces early first gas from Krishna Godavari basin block

KG-DWN-98/2 project : ONGC produces early first gas from Krishna Godavari basin block

India’s Oil and Natural Gas Corporation (ONGC) has drawn its first gas from the KG-DWN-98/2 project, which has been developed with an investment of $5 billion in the offshore Krishna Godavari basin in India. The KG-DWN-98/2 block contains the deepwater Cluster 2 field located off the shore of the Godavari delta on the east coast […]

Sapakara West-1 discovery : Apache, Total find more oil in Suriname Block 58

Sapakara West-1 discovery : Apache, Total find more oil in Suriname Block 58

Sapakara West-1 discovery : Apache Corporation and Total have claimed to have made a significant oil discovery on Block 58 offshore Suriname following the drilling of the Sapakara West-1 well. Sapakara West-1 is the second oil discovery made in the offshore Surinam block with the first reported in January in the form of the Maka […]

Black Bear Transmission acquires gas transmission business from Enbridge

Black Bear Transmission acquires gas transmission business from Enbridge

Houston-based Black Bear Transmission has completed the acquisition of Ozark Gas Transmission (OGT) and Ozark Gas Gathering (OGG) in the US from a subsidiary of Canadian energy infrastructure firm Enbridge. The financial details of the transaction have not been disclosed. Ozark Gas Transmission is the owner and operator of a 367-mile interstate natural gas pipeline […]

Cryopeak breaks ground on new LNG production plant in Fort Nelson, BC

Cryopeak breaks ground on new LNG production plant in Fort Nelson, BC

Cryopeak LNG Solutions has begun construction on a new liquefied natural gas production facility (LNG production plant) in Fort Nelson, British Columbia, Canada. The LNG production plant is expected to produce up to about 90,000 gallons of LNG per day. Cryopeak LNG Solutions claims it to be the first 100% funded and permitted LNG production […]

Petrobras pulls off Uirapuru oil discovery in Santos Basin

Petrobras pulls off Uirapuru oil discovery in Santos Basin

Uirapuru oil discovery : Petróleo Brasileiro (Petrobras) has pulled off an oil discovery in the Uirapuru block in the Santos Basin pre-salt in Brazilian waters through the drilling of a pioneer well. The Brazilian oil giant said that the pioneer well is located nearly 200km off the coast of the city of Santos in São […]

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