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Lucas Energy enters into agreement to fund development of Eagle Ford shale assets

Lucas Energy enters into agreement to fund development of Eagle Ford shale assets

Lucas Energy's subsidiary, CATI, plans to use the funds to participate in the drilling and completion of certain Eagle Ford wells under a joint operating agreement with Lonestar Resources US, Inc.

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The latest upstream news

EIA: OPEC export revenue drops

EIA: OPEC export revenue drops

According to the EIA, OPEC members' net oil export revenue in 2015 dropped to its lowest level since 2004.

Statoil: Njord A towed to Kværner Stord

Statoil: Njord A towed to Kværner Stord

The Njord A platform arrived at Kværner Stord on Thursday 25 August. The platform will now be reinforced and renovated for production beyond 2030.

Drilling of Tendrara well TE-7 commences

Drilling of Tendrara well TE-7 commences

Sound Energy has confirmed the commencement of drilling of the second well at Tendrara, onshore Morocco.

Guidon Energy and Blackstone Energy Partners announce new Permian Basin platform

Guidon Energy and Blackstone Energy Partners announce new Permian Basin platform

Guidon Energy and Blackstone have announced their first asset acquisition.

 

Seven conclusions of relevance for the future of the Norwegian oil sector

Seven conclusions of relevance for the future of the Norwegian oil sector

Rystad Energy highlight 7 facts that look set to shape the Norwegian oil and gas sector.

NPD grants consent for lifetime extension for Gullfaks B

NPD grants consent for lifetime extension for Gullfaks B

The Norwegian Petroleum Directorate (NPD) has given the go-ahead for using the B platform on the Gullfaks field in the North Sea until 1 January 2036, which corresponds to the length of the production licence.

Vaalco Energy announces resumption of production at Avouma platform

Vaalco Energy announces resumption of production at Avouma platform

The Avouma 2-H well on the Avouma Platform offshore Gabon is now producing well.

ABS launches new certification guide for crew transfer systems

ABS launches new certification guide for crew transfer systems

The new guide addresses certification for safety systems used for “walk to work” (W2W) crew transfers.

 

New Visiongain report on big data

New Visiongain report on big data

Visiongain’s new report, ‘Big Data in Oil & Gas Market 2015 - 2025: Forecasts by Spending Type and Application Area’ reviews big data in the oil/gas industry compared to other markets.

SSE gas storage awards contract to Simmons Edeco

SSE gas storage awards contract to Simmons Edeco

SSE Hornsea Limited’s gas storage facilities has awarded Simmons Edeco a multi-million pound contract alliance ensures full asset integrity service.

Kalmar appoints Peter McLean to lead the Asia-Pacific region

Kalmar appoints Peter McLean to lead the Asia-Pacific region

Peter McLean has succeeded Ken Loh as Head of the Asia-Pacific (APAC) region in Kalmar, part of Cargotec.

FFKM seals designed to outperform metal o-rings in HPHT environments

FFKM seals designed to outperform metal o-rings in HPHT environments

Metal o-ring seals can deform in process operating conditions characterised by high temperatures and pressures.

 

 Seadrill limited announces 2Q16 results

Seadrill limited announces 2Q16 results

During 2Q16 Seadrill improved on its record uptime it achieved in 1Q16.

Boldman develops mobile test cell unit for hard-to-reach oil and gas developments

Boldman develops mobile test cell unit for hard-to-reach oil and gas developments

The maximum size the of the high pressure test cell is 6 m by 6 m by 4 m high and it will be used to test small assemblies up to 30 000 psi.

Trelleborg to exhibit at Prevention First 2016

Trelleborg to exhibit at Prevention First 2016

The Prevention First exhibition is organised by the California State Lands Commission (CSLC), and will take place on 27 – 28 September.

Cooper Basin drilling success at Callawonga-12

Cooper Basin drilling success at Callawonga-12

Callawongo-12 is is to be cased and suspended after reaching total depth of in the Westbourne Formation.