PetroleumNews.net - Production

Tuesday
7 September 2010

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PRODUCTION STORIES

[ 2769 Results - Showing Results 1 to 30 ]

Empire moves close to production
(Friday, 3 September 2010)

EMPIRE Oil and Gas has started the process of applying for a production licence to commercialise the Gingin West-1 gas and condensate discovery in the onshore Perth Basin.
Full Story...

Ravensworth starts pumping
(Friday, 3 September 2010)

BHP Billiton has started oil production from the Ravensworth field in WA-43-L, offshore Western Australia, developed in conjunction with the Pyrenees oil project.
Full Story...

US Update
(Wednesday, 1 September 2010)

NEON adds to oil output; Samson drilling delays; Solimar to start appraisal program; Buccaneer secures Alaskan leases.
Full Story...

Cheal a boon for TAG
(Tuesday, 31 August 2010)

NEW Zealand-focused Canadian company TAG Oil has more than doubled its revenue for the June 2010 quarter, compared to the corresponding 2009 period, reporting production revenue of $C1.8 million ($A1.9 million).
Full Story...

Beach mapping its moves
(Monday, 30 August 2010)

BEACH Energy is aiming to at least double production and reserves during the next 2-5 years after posting a net profit after tax of $33.1 million for the year ended June 30, 2010.
Full Story...

Blue flows gas from Monslatt-6
(Friday, 27 August 2010)

BLUE Energy has started flowing gas from its Monslatt-6 pilot production well after under-balanced operations drilled out the P seam.
Full Story...

NZOG sinks on costs
(Thursday, 26 August 2010)

SPIRALLING exploration costs and unrealised exchange rate losses have contributed to New Zealand Oil & Gas reporting a net loss of $NZ3.3 million ($A2.6 million) for the June 2010 financial year.
Full Story...

Santos up despite flood impact on output
(Thursday, 26 August 2010)

DESPITE a drop in production due to wet weather and flooding in Central Australia, Santos posted a 94% increase in net profit for the half year ended June 30, 2010, to $198 million over the previous corresponding period.
Full Story...

Carnarvon ready to step on the pedal
(Thursday, 26 August 2010)

CARNARVON Petroleum’s production could be boosted this financial year despite a 36% drop for the year ended June 30, 2010, to 868,450 barrels from the previous financial year.
Full Story...

Shenzi, Pyrenees deliver for BHP
(Thursday, 26 August 2010)

BHP Billiton Petroleum’s record production growth for the 2010 financial year resulted in the division’s underlying earnings before income and tax increasing 12% to $US4.57 billion ($A5.16 billion).
Full Story...

CNOOC endorses Beibu Gulf development
(Wednesday, 25 August 2010)

THE Roc Oil-led Beibu Gulf joint venture has taken a crucial step forward, with Chinese national oil company CNOOC approving the overall development plan for three oil fields offshore China.
Full Story...

Synergy to buy Perth Basin gas
(Thursday, 19 August 2010)

THE recent significant discoveries by partners AWE and Origin Energy in the Perth Basin have underpinned a new gas sales agreement with Western Australian energy retailer Synergy.
Full Story...

Empire set to open Gingin West-1 taps
(Wednesday, 18 August 2010)

EMPIRE Oil and Gas has moved a step closer to commercialising the Gingin West-1 discovery in the Perth Basin after an independent analysis found the gas meets the specifications of the Dampier to Bunbury or Parmelia natural gas pipelines.
Full Story...

Pluto expansion decision pushed back
(Wednesday, 18 August 2010)

WOODSIDE Petroleum has all but admitted that it will not meet its original end-of-2010 target for a final investment decision on the Pluto liquefied natural gas project expansion.
Full Story...

Good news flows out of US
(Monday, 16 August 2010)

AUSTRALIA-listed investment company Verus Investments’ participation in Texas has started to reap rewards with its shares jumping 16% this morning following a gas discovery at the Bongo prospect.
Full Story...

More Thai success for Carnarvon
(Friday, 13 August 2010)

CARNARVON Petroleum will apply for a production licence for the L33/43 concession, onshore Thailand, after the L33-2 well was tested and proven oil-bearing.
Full Story...

Stuart achieves turnaround, sees bigger year ahead
(Tuesday, 10 August 2010)

STUART Petroleum is aiming to produce more than 350,000 barrels of oil in the 2011 financial year and expects to make a final investment decision on the Port Bonython fuels project in the next few months.
Full Story...

Nido shuts Tindalo well for upgrade
(Monday, 9 August 2010)

NIDO Petroleum has shut-in the Tindalo-1 well in the offshore Palawan Basin, Philippines, to upgrade the processing system.
Full Story...

Canunda testing to resume
(Friday, 6 August 2010)

PRODUCTION testing of Beach Energy and Drillsearch Energy’s Canunda-1 wet gas discovery in PEL 106B, Cooper-Eromanga Basin, is expected to resume at the end of next week.
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Sweet success for Sugarloaf
(Friday, 6 August 2010)

THE Sugarloaf shale gas project partners in Texas have received the strongest production figures on the shale trend from the Rancho Grande-1H well, which has been on test for 60 days.
Full Story...

Austin rewarded as Grand Gulf rattles tin
(Thursday, 5 August 2010)

GRAND Gulf Energy is looking to raise around $7 million for the exploration and development of its Napoleonville Salt Dome project while fellow US explorer and producer Austin Exploration has become cash flow positive.
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Molopo achieves revenue spike
(Tuesday, 3 August 2010)

MOLOPO Australia has almost tripled its June quarter revenue to more than $4.3 million due to substantial growth in oil production and sales from its Canadian operations.
Full Story...

Chiton to push Drillsearch output upwards
(Tuesday, 3 August 2010)

DRILLSEARCH Energy hopes to reverse the downward trend of its Australian oil production when the Chiton oil field in PEL 91 of the Cooper Basin resumes production later this month.
Full Story...

Tap probing drop in Woollybutt output
(Monday, 2 August 2010)

TAP Oil has downgraded its remaining reserves for the Woollybutt oil field, off Western Australia, after the productivity of the wells since production resumed in March has been less than forecast.
Full Story...

Monitor to acquire 90% interest in Trinidad oilfields
(Friday, 30 July 2010)

MONITOR Energy has signed an agreement with SOCA Petroleum to acquire up to a 90% interest in three production licences in onshore oilfields in Trinidad.
Full Story...

Wood makes retirement plans
(Friday, 30 July 2010)

AWE managing director Bruce Wood has flagged his desire to retire on or about his 60th birthday and has given the company 12 months notice as it posted a 47% increase in production over the previous quarter.
Full Story...

NZ showing up on radar screens
(Thursday, 29 July 2010)

MORE mid-sized and major explorers are looking to New Zealand in their ever-expanding hunt for replacement oil and gas reserves, according to New Zealand Oil & Gas chief executive David Salisbury.
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Energy supermarket needed to avert energy crisis: Roche
(Wednesday, 28 July 2010)

QUEENSLAND needs to adopt an “energy supermarket” strategy if the nation is to avoid being deficient of petroleum by 2015, Queensland Resources Council chief executive Michael Roche has said.
Full Story...

Castello study proves disappointing
(Monday, 26 July 2010)

PO Valley has cut proved and probable (2P) reserves at its Castello field near Milan, Italy, by almost half after completing investigations into the faster than expected decline in reservoir pressure at the Vitalba-1 well.
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Woodside keeping mum on Pluto expansion timetable
(Monday, 26 July 2010)

WOODSIDE Petroleum is keeping its cards close to its chest in regards to whether a final investment decision could be made for the Pluto expansion by the end of this year.
Full Story...

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