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Arcticgas Making Active Use Of High-Technology Field Development Techniques

SOURCE: Gazprom Neft | 27 May 2015

JSC Arcticgas (a subsidiary of Gazprom Neft and NOVATEK) has completed the first ever four-stage fracking of a horizontal well in the Yamalo-Nenets Autonomous Region, undertaken as part of the development of Achimov deposits in the Urengoyskoye field.

ExxonMobil Announces Significant Oil Discovery Offshore Guyana

SOURCE: ExxonMobil | 21 May 2015

Exxon Mobil Corporation (NYSE:XOM) today announced a significant oil discovery on the Stabroek Block, located approximately 120 miles offshore Guyana.

Yolla-6 Development Well Reaches Total Depth

SOURCE: AWE | 11 May 2015

AWE Limited (ASX: AWE) advises that the Operator of the BassGas joint Venture in permit T/L1, Origin Energy (ASX: ORG), has confirmed that the the Yolla-6 development well has reached a Total Depth of 3,653m Measured Depth below Rotary Table (MDRT).

Increased Cooperation On Exploration In The Barents Sea

SOURCE: Statoil | 21 April 2015

Statoil, Eni Norge, Lundin Norway, OMV and GDF SUEZ will collaborate on solving operational tasks tied to exploration in the Barents Sea.

Irwin-1 Intersects Primary Target And Reports Elevated Gas Shows

SOURCE: AWE | 16 April 2015

AWE Limited (ASX: AWE), advises that as at 06:00 hours (6.00am) AWST today the Irwin-1 exploration well, located in the onshore Perth Basin, Western Australia, was at a measured depth of 3,265m and drilling ahead in 8 1/2 inch hole to the planned total depth of 4,064m.

Another Gas Discovery In The Aasta Hansteen Area

SOURCE: Statoil | 13 April 2015

Operator Statoil has together with PL602 partners made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second Statoil discovery in the Aasta Hansteen area in spring 2015.

Number Of High-Tech Wells In Use At Gazprom Neft Triples Over Two Years

SOURCE: Gazprom Neft | 09 April 2015

Volumes of high-technology drilling at Gazprom Neft continue to increase. As at end-2014, the total number of horizontal wells drilled at the company’s various enterprises reached 297

Statoil Makes Oil Discovery In Gulf Of Mexico

SOURCE: Statoil | 09 April 2015

Statoil announced today that it has made an oil discovery in its Miocene Yeti prospect located in the Gulf of Mexico (GoM).

Gazprom Neft Increases Collaboration With Vietnam

SOURCE: Gazprom Neft | 07 April 2015

Gazprom Neft and Vietnam Oil and Gas Group (Petrovietnam) have signed a series of agreements to extend their collaboration activity. The documents were signed in Hanoi (Vietnam), in the presence of the Prime Minister of the Russian Federation, Dmitry Medvedev and the Prime Minister of Vietnam, Nguyễn Tấn Dũng.

Eni Signs Production Sharing Contracts For The Exploration Of Two Blocks Offshore Myanmar

SOURCE: Eni | 31 March 2015

Eni, following its participation in the competitive International Bid Round launched by the Republic of the Union of Myanmar, signed two Production Sharing Contracts (PSC) for offshore blocks MD-02 and MD-04. The contracts were signed in Nay Pyi Taw, in the presence of the country’s Energy Minister.