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06.11.2019
Idled frac fleets sold for scrap amid shale drilling slump

The downturn in shale drilling has been so steep and brisk that oilfield companies are taking the unprecedented step of scrapping entire fleets of fracing gear More»
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05.11.2019
UK bans fracing on concern about earthquakes

The UK fracing industry suffered a fatal blow as the Conservative government ended its support for the controversial practice More»
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04.11.2019
Two-millionth tonne of oil produced at Gazprom Neft’s Kuyumbinskoye field

Courtesy of greenologia.com The two-millionth tonne of oil since the start of commercial production has now been produced at the Kuyumbinskoye field (Krasnoyarsky Krai).... More»
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16.10.2019
Belorusneft drilled two new wells in September

Courtesy of sb.by The construction of four more has begun. Specialists from the Svetlogorsk Drilling Department continue to replenish the well stock in Belarusian fields.... More»
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14.10.2019
Messoyakhaneftegaz starts full-scale development of Achimovsky deposits

Messoyakhaneftegaz has commissioned a horizontal well at the Vostochno-Messoyakhskoye field, facilitating the full-scale development of Achimovsky deposits. The well, which runs to a total length of 3,200 metres, delivered a natural oil-inflow with... More»
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11.10.2019
NOVATEK Launches East-Urengoyskoye+North-Esetinskoye Field

Courtesy of novatek.ru AO NOVATEK announced today that Arcticgas, a joint venture between NOVATEK and PAO Gazprom Neft, commenced commercial production at the... More»
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07.10.2019
Equinor fires up giant Johan Sverdrup field

On Saturday, October 5 Equinor started production from the giant Johan Sverdrup field in the North Sea, more than two months ahead of and NOK 40 billion below the original estimates in the plan for development and operation. More»
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02.10.2019
Oil Pirates: The Gulf Of Mexico’s Billion Dollar Problem

Pirate activity in the Gulf of Mexico is on the rise and so is oil theft from platforms operating in the area, Fox News reports, with losses for Pemex as high as $1 billion annually More»
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01.10.2019
Rosneft Discovers New Field Offshore Sakhalin

Courtesy of rosneft.ru As part of its exploration campaign, Rosneft Oil Company has successfully completed the drilling of the first prospecting... More»
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25.09.2019
Exxon puts $15 billion of global assets up for sale

Courtesy of teknoblog.ru Exxon Mobil Corp. is again trying to sell its oil and gas operations in southeast Australia as part of a move to shed... More»
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