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Oil Field Services News

Manas 1st Year Mongolian Program Completed Early
Mongolia >> 12/4/2009 - Manas Petroleum Corporation is pleased to report that DWM Petroleum, its 100% owned subsidiary, has completed its year-1 work program on blocks 13 and 14 in Mongolia, ahead of schedule. The work was o...
Conocophillips Begins Gas Production in Indonesia
Indonesia >> 12/3/2009 - Gas production carried out by ConocoPhillips Indonesia Ltd. in Indonesia's North Belut gas field located in Block B South Natuna Sea has commenced. ...
Total Seeks Iraqi Oil Fields in Return to Roots
Iraq >> 12/2/2009 - Total SA, which has so far failed to win contracts to develop Iraqi oil reserves, is interested in at least three fields as it seeks to return to a country the French producer first helped explore bac...
Far East Production Increases to Over 500,000 cfpd
China >> 12/2/2009 - Far East Energy Corporation announced that gas production in the Shouyang Block of Shanxi Province, China, has now risen to 500,000 cubic feet, or 500 Mcf per day. Previously, on November 30, Far East...
Far East Continued Increase in Gas Production
China >> 11/30/2009 - Far East Energy Corporation announced that gas production from its Shouyang Block in Shanxi Province, China continues to increase steadily and has achieved another milestone, now surpassing 400,000 cu...
Primegen Strikes Oil in New Rodnikovskogo Field
Russia >> 11/30/2009 - PrimeGen Energy Corp. announces the initial production for the Rod 10-21, the first well at the Company's Rodnikovskogo, Russia, property. The well commenced commercial oil production on November 25, ...
Medco, LIA Fund to Develop Libyan Onshore Area 47
Libya >> 11/24/2009 - PT Medco Energi Internasional said that it would now partner with the Libya Investment Authority, Libya’s sovereign wealth fund, to develop the lucrative onshore Area 47 gas and oil field in Libya, wi...
Iraq Issues Biding Rules for 2nd Licensing Auction
Iraq >> 11/23/2009 - The Iraqi oil ministry has released bidding rules and final model contracts for Iraq's second post-war oil licensing auction to develop some of the country's prized fields with estimated proven reserv...
Volga Gas Provides Operational Update
Russia >> 11/23/2009 - Volga Gas Plc, the oil and gas exploration and production group operating in the Volga Region of European Russia, is pleased to provide the following general operational update. ...
Shtokman Production Delayed Two Years
Russia >> 11/19/2009 - Shtokman, a natural gas field in Russia's Arctic waters that is one of the world's largest gas deposits, will start producing two years later than OAO Gazprom's planned launch date, according to one o...
BP Azerbaijan Updates Shah Deniz Operations
Azerbaijan >> 11/19/2009 - Shah Deniz participating interests are: BP (operator – 25.5%), Statoil (25.5%), SOCAR (10%), LUKOIL (10%), NICO (10%), Total (10%), and TPAO (9%). During the first nine months of 2009 we spent $ 114 m...
BP Azerbaijan Updates Baku-Tbilisi-Ceyhan (BTC) Operations
Azerbaijan >> 11/19/2009 - The BTC Co. shareholders are: BP (30.1%); AzBTC (25.00%); Chevron (8.90%); Statoil (8.71%); TPAO (6.53%); ENI (5.00%); Total (5.00%), Itochu (3.40%); INPEX (2.50%), ConocoPhillips (2.50%) and Hess (2....
BP Azerbaijan Updates Azeri-Chirag-Gunashli Operations
Azerbaijan >> 11/19/2009 - ACG participating interests are: BP (operator – 34.1%), Chevron (10.2%), SOCAR (10%), INPEX (10%), Statoil (8.6%), ExxonMobil (8%), TPAO (6.8%), Devon (5.6%), ITOCHU (3.9%), Hess (2.7%). ...
PrimeGen Initial Production for Kochmesskoye # 7
Russia >> 11/17/2009 - PrimeGen has announced the initial production for the Kochmesskoye # 7 well at Timan-Pechora, Russia. The well commenced commercial oil production on October 26, 2009, and the Company has received pro...
CNPC to Supply Bulk of Equipment for Rumaila
Iraq >> 11/17/2009 - China National Petroleum Corp. will supply the bulk of equipment for the $15 billion redevelopment of the Rumaila field in Iraq, an executive at its partner, BP PLC (BP), said. ...
Fugro Contracted for Seafloor Coring at Hammamet
Tunisia >> 11/16/2009 - Cooper Energy reported that Fugro has been contracted to obtain a seafloor core at the Fuchsia-1 location. According to the contract, the cost of this survey is expected to be approximately US$500,000...
FAR Granted Extension on Senegal Offshore Blocks
Senegal >> 11/12/2009 - FAR is pleased to announce that it has received advice from the Minister of Energy for the Republic of Senegal confirming a one-year extension to the First Renewal Period under the Contract for Explor...
Afren to Raise $200 m Via Placing; Sees No Dividend
Nigeria >> 11/10/2009 - London-listed oil and gas company Afren Plc said it would raise about $200 million from a placing of shares to fund projects and that it did not expect to pay any dividends in the foreseeable future. ...
Production Growth in Uvat Outruns Forecasts
Russia >> 11/9/2009 - TNK-BP continues capital investments into construction of facilities and development of fields of the Uvat project, which was started in February 2009. To ensure the planned production growth, the com...
Iraq Minister Says 3 Oilfields to Pump 6 m Barrels
Iraq >> 11/9/2009 - Iraq expects three of its oilfields will together pump more than 6 million barrels a day once foreign companies complete development work they were awarded this year. BP Plc and other international oi...

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