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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% Algerias Sonatrach will increase hydrocarbon production by 2.5%

E&P 130
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APA Corp., partners complete successful flow test for North Slope exploration well

Oil & Gas 360º

The well performed in line with expectations during the 12-day production test, averaging 2,700 barrels of oil per day during the final flow period, without artificial lift. The vertical Sockeye-2 well was completed in a single 25-foot interval at approximately 9,200 feet TVD, without stimulation.

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Petronas Gets New Block offshore Suriname

Rigzone

Image by Leonid Andronov via iStock Malaysia’s national oil and gas company has expanded its footprint in Suriname with the signing of a production sharing contract (PSC) for a deepwater block next to several discoveries. Petronas plans to start gas production 2031 if Sloanea 2 proves to be a commercial success. square miles).

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Production in Paying Quantities: Second Circuit Holds Lower Courts Must Consider All Relevant Factors, Not Just Profit

The Energy Law

Since this blog’s post on production in paying quantities on January 26, 2016 , the Louisiana Second Circuit Court of Appeal rendered its latest decision on the subject in Middleton v. EP Energy E&P Co., Lea Exploration Co., 50,300-CA (La. 2d 716 (La. during the 41-month period.