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30.01.2020
ExxonMobil ups Guyana resources, makes fresh discovery in Stabroek block
Oil major ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil equivalent barrels and made a further oil discovery northeast of the producing Liza field at the Uaru exploration well, the 16th discovery... More»
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29.01.2020
Russia’s Rosgeo signs contract with ONGC on seismic works offshore India
Courtesy of teknoblog.ru Sevmorneftegeofizika (SMNG), a subsidiary of Rosgeo, and India’s state oil and gas corporation ONGC have signed a... More»
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28.01.2020
The largest publicly-traded oil companies in the world have been “living beyond their means” for years
Courtesy of teknoblog.ru Since 2010, the five largest oil majors have spent vastly more than they have generated when including shareholder... More»
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23.01.2020
Gazprom Neft and Shell to expand their joint project to develop the Salym Group of fields in KhMAO
Gazprom Neft and Shell have agreed to expand their JV Salym Petroleum Development. The company’s portfolio of assets will include a license for the right to geological survey, exploration and production of conventional hydrocarbon reserves of the... More»
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20.01.2020
Shale discipline could slow U.S. oil output growth by 50% this year
U.S. oil output growth could decelerate by more than 50% next year as greater capital discipline cuts drilling rigs in America’s largest shale patch More»
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16.01.2020
Belorusneft specialists found reserves at the Gartsevskoye field
Courtesy of belmarket.by The question is about the Gartsevskoye field of the Pripyat trough. Specifically, about its southern block. For wells drilling new technologies were used.... More»
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15.01.2020
Is This The Start Of A New Offshore Oil & Gas Boom?
In retrospect, 2019 was another strong year for offshore exploration and production companies. Free cash flow remained strong and telltale signs have emerged that we are entering a new offshore investment cycle More»
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13.01.2020
Gas reserves of Yamal’s Kruzenshternskoye field raised to 2 trillion cubic meters
Courtesy of rbk.ru As a result of geological exploration carried out by Gazprom, the amount of Kruzenshternskoye's recoverable gas reserves in the... More»
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10.01.2020
The Permian gas production problem worsens
Courtesy of teknoblog.ru America’s top shale field is becoming increasingly gassy as drilling slows down, undercutting profits for explorers... More»
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09.01.2020
ExxonMobil and partners discover more oil in Stabroek block offshore Guyana
ExxonMobil and its partners made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of more... More»
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