Development News

Obsidian Announces Expanded 2022 Development Program
Canada >> 6/16/2022 - - 2022 guidance increased to an average production range of 31,500 to 32,500 boe/d based on expanded capital development program
- Second half 2022 four-rig drilling program includes 38 operated...
Black Sea Oil & Gas Delivers 1st Gas from the MGD Project
Romania >> 6/15/2022 - Black Sea Oil & Gas SA (“BSOG”) together with its co-venture partners, Petro Ventures Resources SRL (“Petro Ventures”) and Gas Plus Dacia SRL (“Gas Plus”) announce that production has started from the...
Cue Energy Announces Development Drilling Approved in Mahato PSC
Indonesia >> 6/14/2022 - An additional 12 oil production wells will be drilled in the PB oil field, Mahato PSC, under a Field Development Optimisation (FDO) plan approved by SKKMigas, the Indonesian Regulator. ...
Orcadian Energy Announces Draft FDP & Farm-out Process Update
United Kingdom >> 6/13/2022 - Orcadian Energy (ORCA), the low-emissions North Sea oil and gas development company, is pleased to provide the following update.

Highlig...
COGCC Unanimously Approves Bayswater's Ruby 7-J Development
United States >> 6/13/2022 - Bayswater Exploration & Production (Bayswater) is pleased to announce the Colorado Oil and Gas Conservation Commission (COGCC) unanimously approved Bayswater's Ruby 7-J Oil and Gas Development Plan (O...
Meeting of the Secretary General with Angola’s Secretary of State for Oil and Gas
Angola >> 6/12/2022 - HE Eng. Mohamed Hamel, Secretary General of the Gas Exporting Countries held a meeting with Eng. José Barroso, Secretary of State for Oil and Gas of the Republic of Angola via videoconference today. D...
Petroecuador Invites Companies to Participate In Bidding to Develop Block 6
Ecuador >> 6/9/2022 - EP Petroecuador must choose a strategic partner to develop Block 6 through this bidding process. The Amistad Field's output should be increased, and the recovery factor of the Company's deposits in th...
PDC Energy Announces Approval of Kenosha Oil and Gas Development Plan
United States >> 6/8/2022 - PDC Energy, Inc. (“PDC”) (PDCE) announced that the Colorado Oil and Gas Conservation Commission (“COGCC”) approved the Company’s Kenosha Oil & Gas Development Plan (“OGDP”) permit application. The Ken...
New Stratus & EP Petroecuador Enter into MOU to Develop Megablock
Ecuador >> 6/6/2022 - New Stratus Energy Inc. is pleased to announce that Ecuador’s state-owned oil company, “EP Petroecuador”, has entered into a Memorandum of Understanding (“MOU”) with New Stratus with the purpose of op...
Shah Deniz Field is Iran-Azerbaijan Successful Experience
Azerbaijan >> 6/4/2022 - Iranian Minister of Petroleum stressed the 13th administration’s policy for developing relations with neighbors, saying Iran-Azerbaijan partnership in Sha Deniz field is a good experience and can prov...
Final Permit for Field N05-A Gas Production
Norway >> 6/2/2022 - The Ministry of Economic Affairs and Climate has given ONE-Dyas the final permits for the development of the North Sea's N05-A gas field. This offshore gas production project is in line with the Dutch...
Hartshead Submits Concept Report for Anning and Somerville Field Developments
United Kingdom >> 5/30/2022 - Hartshead Resources has submitted its Phase I Concept Select Report (CSR) for the Anning and Somerville gas field developments to the North Sea Transition Authority (NSTA) marking a major and material...
Shell to Develop Crux Project in Western Australia
Australia >> 5/30/2022 - Shell Australia Pty Ltd (Shell Australia) and its joint venture partner, SGH Energy, have taken a final investment decision to approve the development of the Crux natural gas field, off the coast of W...
North Sea Transition Authority Approves Wressle Field Development Plan
United Kingdom >> 5/30/2022 - Union Jack Oil plc (UJO) a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce that the NSTA has approved the Wressle Field Development Plan (“FDP”). ...
Development plans for the Rumaila oil field southern Iraq
Iraq >> 5/26/2022 - The Minister of Oil, Ihsan Abdul Jabbar Ismail, met in London with the CEO of BP, Bernard Lonnie. During the meeting, they discussed mechanisms for supporting development plans and programmes for the ...
New Agreement between SONATRACH & Eni to Accelerate Gas Projects Development
New Agreement between SONATRACH & Eni to Accelerate Gas Projects Development Algeria >> 5/26/2022 - The Chairman of SONATRACH, Toufik Hakkar, and Eni CEO, Claudio Descalzi, signed a Memorandum of Understanding (MoU) in Rome aimed at accelerating the development of gas fields in Algeria and decarboni...
Gas and Condensate Discoveries to be Developed in the Norwegian Sea
Norway >> 5/25/2022 - Equinor and Halten East partners Vår Energi, Spirit Energy and Petoro have decided to invest about NOK 9 billion in the development of the area neighbouring the Åsgard field in the Norwegian Sea.
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Technip Energies Partners with COS Petrogaz to Accelerate Gas Development in Senegal
Senegal >> 5/25/2022 - Technip Energies and COS Petrogaz(1) have signed a Memorandum of Understanding (MoU) to collaborate in the fields of LNG, carbon-free energy solutions and decarbonization, in order to accelerate Seneg...
TotalEnergies Announces the Sanction of the Ballymore Development in the U.S. Gulf of Mexico
United States >> 5/17/2022 - TotalEnergies, through its affiliate TotalEnergies E&P USA, Inc., announces the sanction of the Ballymore development, located 120 kilometers off the coast of Louisiana in the U.S. Gulf of Mexico.
$7.5B Contract with Iranian Consortium in the Offing
Iran >> 5/15/2022 - The CEO of the National Iranian Oil ?Company (NIOC) here announced that a 7.5-?billion-dollar contract on the development of joint fields ?will be soon signed with a domestic consortium.?

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