UKOG TO SPUD BRADFORD BRIDGE-1

UK Oil & Gas Investments announces that the drilling rig and key equipment necessary to drill the Broadford Bridge-1 (BB-1) Kimmeridge Limestone well are now on site. All regulatory permissions are now in place and drilling is expected, therefore, to commence shortly. The BB-1 well is located in the 300 km² PEDL234 licence, in which the Company has a 100% interest via its ownership of the licence's operator, Kimmeridge Oil & Gas Limited. The BB-1, an exploration step-out well, will test a geological look-alike to Horse Hill, located on the southern flank of the Weald Basin, and is, therefore, designed to test both the southerly extension of the Kimmeridge Limestone oil play across the Weald Basin and its development within the licence. The drilling will use tried and trusted conventional oil field techniques to test four naturally fractured Kimmeridge Limestone reservoir horizons, the uppermost two of which were successfully flow tested at the Company's Horse Hill oil discovery in 2016. The well will acquire the most comprehensive data set gathered to date over the Kimmeridge Limestone sequence, to include extensive conventional coring and electric logging aimed at characterising natural fracturing and other key reservoir parameters. Once drilled, cored and logged, the well will be completed as a potential oil-producer and flow tested. Stephen Sanderson, UKOG's Executive Chairman commented: "The BB-1 well will add materially to our knowledge and understanding of the Kimmeridge Limestone play within the Licence and across the wider Weald Basin. BB-1 is a key piece of the Kimmeridge Limestone puzzle." (Source: UKOG)

INDIAN POINT NUCLEAR PLANT TO CLOSE

February 03, 2017

In January 2017, Entergy Nuclear and the state of New York reached an agreement to retire the two nuclear reactors at the Indian Point Energy Center, located...

Read More+
SUBSEA 7 TAKES DELIVERY OF SEVEN ARCTIC

February 02, 2017

Subsea 7, a global leader in seabed-to-surface engineering, construction and services, has taken delivery of Seven Arctic and Seven Kestrel, successfully...

Read More+
ATHABASCA OIL COMPLETES ACQUISITION OF STATOIL OIL SANDS BUSINESS

February 02, 2017

Statoil and Athabasca Oil Corporation have completed their previously announced transaction, whereby Statoil has sold its entire oil sands operations in...

Read More+
CONTINENTAL RESOURCES: PLANS FOR 2017

February 02, 2017

Continental Resources announced a 2017 capital expenditures budget of $1.95 billion, which is expected to accelerate production growth in second half 2017...

Read More+
TAG OIL EXPANDS IN SURAT BASIN

February 01, 2017

International oil and gas production company TAG Oil, based in Vancouver, announced that the company’s wholly owned Australian subsidiary, Cypress Petroleum,...

Read More+
JOHAN SVERDRUP HOOK-UP CONTRACT FOR AIBEL AND AKER

February 01, 2017

Aibel and Aker Solutions have been awarded contracts for hook-up and commissioning assistance for the Johan Sverdrup field centre, phase 1. The scope of...

Read More+
SOVCOMFLOT: ONE MILLION TONS OF OIL FROM NOVY PORT

February 01, 2017

Sovcomflot’s three unique Arctic shuttle tankers, of the Shturman Albanov series, have now transported one million tonnes of crude oil produced at the...

Read More+
ENI TESTS MERAKES DISCOVERY OFFSHORE KALIMANTAN

February 01, 2017

Eni successfully drilled and tested Merakes 2, the first appraisal well of the Merakes discovery under the Production Sharing Contract (PSC) in East Sepinggan....

Read More+
SHELL SELLS NORTH SEA ASSETS TO CHRYSAOR

January 31, 2017

Shell has agreed to sell a package of UK North Sea assets to Chrysaor for a total of up to $3.8bn, including an initial consideration of $3.0bn. The package...

Read More+
HALLIBURTON SELECTS SANDBOX LOGISTICS

January 31, 2017

Halliburton selected SandBox Logistics, a U.S. Silica company as its preferred provider for containerized sand delivery, pursuant to a long-term agreement. Sandbox's...

Read More+
COLOR LINE TO ORDER WORLD’S LARGEST HYBRID VESSEL

January 31, 2017

Color Line and Ulstein Verft have today agreed on a Letter of Intent for the construction of the largest hybrid vessel of the world. The vessel is planned...

Read More+
NHV HELICOPTERS FOR ITHACA

January 31, 2017

The NHV Group, based in Ostend, Belgium, announced a new contract with Ithaca Energy UK Ltd (Ithaca) to provide helicopter services in support of their...

Read More+
Page 30 of 499« First...1020...2829303132...405060...Last »

exhibitions And conferences