Rigzone

JUNE 27, 2025

“We have a large portfolio of projects that will phase in discoveries to our producing fields. Oil from the Fram field goes through Troll Oil Pipeline II to Mongstad, and gas is exported to Kollsnes via the Troll A platform. Fram West and Fram East started production 2003 and 2006 respectively. Both are tied back to Troll C.

Exploration and Production

Oilfield Technology

JULY 16, 2025

Upon delivery, the P-78 will be deployed in Brazil’s prolific Buzios field, the largest deepwater oil field globally, with an impressive production capacity of 180 000 bpd of oil, 7.2 Upon completion, the P-78 will transit to the Buzios field, where Seatrium will conduct the final phase of offshore commissioning works.

Hydraulic Fracturing

Oil & Gas Journal

JULY 31, 2025

The FPSO is part of the Agogo Integrated West Hub (Agogo IWH) project which develops Agogo and Ndungu fields in the West Hub of Block 15/06. The fields have combined estimated reserves of about 450 million bbl with projected peak production of 175,000 b/d produced via the Agogo and Ngoma FPSOs.

Exploration and Production

Oil & Gas Journal

JULY 28, 2025

Most production is from mature conventional fields in Chubut and northern Santa Cruz, operated by YPF, CAPSA, Tecpetrol, and PAE. According to Oil Production Consulting, the San Jorge Gulf basin averaged 134,000 b/d in June—about 18% of national output.

Basin

Oilfield Technology

JUNE 27, 2025

Maria Phase 2 is a four well subsea tie-back to existing infrastructure in Harbour’s operated Maria field. Production from the first well was delivered safely, on time and to budget. The start-up of the remaining three wells will follow over the coming months.

Hydraulic Fracturing

Enverus

JUNE 19, 2025

The targeted nature of these strikes suggests a deliberate attempt to avoid major disruptions to international markets: the affected refinery and gas field serve Iran’s domestic consumption needs. While the immediate impact on global supply appears limited, the attacks have reminded markets of the region’s fragile stability.

Energy

Oilfield Technology

JUNE 27, 2025

As fields age, they generate higher water to oil ratios. In some mature fields, 10 barrels of water are generated for every barrel of oil produced. However, it is becoming a problem in some onshore fields. In recent years these higher disposal volumes have led to seismic events in several states.

Midstream

Oil & Gas 360º

JUNE 16, 2025

Once the prospective area is fully interpreted, a resource assessment will be conducted to support the addition of new well locations to the field development plan (FDP). CanCambria has licensed high-quality 2011 vintage 3D seismic over the area and is preparing to reprocess and merge with new proprietary 3D data volumes.

Energy

Producer's Edge

APRIL 18, 2025

As temperatures dropped, oil field equipment froze, wells were shut in, and the natural gas needed to generate electricity crashed as the demand for power sky rocketed. At first pass, this event seems like it would constitute a force majeure event, and few natural gas purchasers and suppliers have argued otherwise.

Gas

Rigzone

JUNE 5, 2025

“The margins are shrinking, the fields are getting smaller,” Taufik said. To achieve that, Petronas is looking for opportunities abroad as fields at home shrink. Petronas will also freeze hiring until December 2026, he said. “It will be challenging to meet dividend targets” with current oil prices, he said.

Natural Gas

Rigzone

JUNE 27, 2025

Block 15-1, an oil and gas block with one of the country’s largest reserves and one of the earliest to be developed, is located in the Cuu Long basin in the southern mainland of Vietnam and includes the Black Lion, Golden Lion, Brown Lion and White Lion oil and gas fields, according to the release.

BCF

Oilfield Technology

JULY 1, 2025

Johan Sverdrup is the largest oil-producing field in Norway and ranks among the world’s most carbon-efficient oil fields. The field is operated by Equinor, with Aker BP holding a 31.6% The project includes new subsea infrastructure that will increase recoverable volumes by 40 – 50 million bbl of oil equivalent.

Hydraulic Fracturing

Rigzone

JUNE 30, 2025

Image by Tatyana Ponomareva via iStock Equinor ASA on Monday announced another discovery in the recently started-up Johan Castberg field on Norway’s side of the Barents Sea. “The licensees will consider tie-in of the discovery to the Johan Castberg field”, said Equinor, which operates Johan Castberg with a 46.3

Exploration and Production

Rigzone

JULY 30, 2025

Block A-18 which includes Cakerawala, Bumi, Suriya, Bulan, and Bulan South fields, started production in 2005, while Block B-17-01 began production in 2010. Apart from the existing producing fields, Block A-18 includes several discovered gas fields awaiting development to unlock their full potential.

Exploration and Production

Rigzone

JULY 23, 2025

The resulting pricing mechanism will be economically similar to the mix of prices previously approved for Mako export and domestic gas sales, with 100 percent of the gas produced from the field to be sold at the above-referenced price rather than the usual fixed domestic offtake price, according to the release.

Field

McKinsey

JULY 10, 2025

Developments in France are particularly relevant to Spain since France is accelerating its CCUS efforts despite not having significant national oil and gas reserves, which eliminates the possibility of using depleted fields for CO 2 storage. In addition, most of Europe’s depleted oil and gas fields are located at sea.

Transportation

Rigzone

JUNE 18, 2025

Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS BW Opal FPSO Arrives at Barossa Field, Commissioning Underway by Paul Anderson | Rigzone Staff | Thursday, June 19, 2025 | 2:53 AM EST The platform's arrival keeps Barossa LNG on track to start production in the third quarter.

Field

Oil & Gas 360º

JULY 31, 2025

Their technology helps you to rebook reserves, extend the life of your field, and is fully compatible with other EOR techniques to push even higher yields and field-life extension. The golf event is sponsored by global sponsor Netherland, Sewell & Associates and EnerCom. The tournament is a fundraiser for IN!

Energy

Rigzone

JUNE 9, 2025

The field produces medium crude. The Bohai Sea projects are the Caofeidian 6-4 oilfield adjustment, phase 2 of the Luda 5-2 North field and the Bozhong 26-6 field. The South China Sea projects are Wenchang 19-1 oilfield phase 2, the Dongfang 29-1 field and the Panyu 11-12/10-1/10-2 Oilfield Adjustment Joint Development Project.

Upstream

Oil & Gas Journal

JULY 29, 2025

As demand for LNG continues to grow and smaller gas fields become more viable, FLNG is positioning itself as a faster, more flexible, and cost-effective solution, Rystad Energy said. After previously facing technical and operational obstacles, FLNG projects are now reaching utilization rates similar to those of onshore terminals.

Energy

Rigzone

JUNE 19, 2025

miles) northeast of the Heidrun field and about 270 kilometers (168 miles) north of Kristiansund. million barrels of oil equivalent. Image by Ole Arnesen via iStock The Norwegian Offshore Directorate said ConocoPhillips Skandinavia AS, operator of production license 891, had confirmed the Slagugle oil discovery.

Oil

Rigzone

JULY 25, 2025

“Eni and Sonatrach undertake to consolidate cooperation for the enhancement of Algerian energy resources through new contracts aimed at encouraging an increase in gas production, and the extension of gas supply contracts for export to Italy”, Eni said in a statement online.

Energy

Rigzone

JULY 14, 2025

via iStock McDermott said it has been awarded a “sizeable” offshore transportation and installation contract by Brazilian oil and gas firm BRAVA Energia for the Papa-Terra field in the Campos Basin and the Atlanta field in Block BS-4 within the Santos Basin, both offshore Brazil.

Offshore

Oilfield Technology

JUNE 20, 2025

The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6 million bbl of oil equivalent in Triassic reservoir rocks.

Exploration and Appraisal

Rigzone

JULY 7, 2025

Petronas said in a media release the event marked a significant milestone in Sabah’s energy growth with the official handover of the Sabah Gas Strategy, a project led jointly by Petronas and the state government. DIALOG) to advance the development of the Mutiara Cluster off Sabah’s East Coast.

Gas

Rigzone

JULY 30, 2025

through its local Norwegian entity, Inpex Idemitsu Norge AS (IIN), has entered into an agreement with Pandion Energy AS to acquire 10 percent participating interest in each of the Valhall and Hod oil and gas fields and 20 percent participating interest in each of the Mistral and Slagugle oil and gas discoveries.

Exploration and Appraisal

Rigzone

JULY 17, 2025

” Any restart of exports would also depend on how quickly companies are able to bring online fields that were shut this week following a barrage of drone attacks. Earlier this week, the firms reiterated their demand, while saying talks in the government to restart exports “have intensified.”

Oil

Rigzone

JULY 28, 2025

The acquired assets span multiple actively producing fields, including the Hunt, Rose Creek, Shoshone North, and West Oregon Basin fields. Field operations will be managed by VCP Wyoming LLC, an affiliate of VCP Operating and a subsidiary of VCP Michigan, according to the release.

Petroleum

Rigzone

JULY 23, 2025

The FEED study enabled Subsea7 to engage early in the field development process, optimizing design solutions and contributing to the final investment decision. Erik Femsteinevik, Vice President for Subsea 7 Norway, said, “This award continues our long-standing collaboration with Equinor.

Offshore

Oil & Gas Journal

JULY 29, 2025

The Bass Strait project consists of conventional oil and gas fields in Gippsland basin off the south east coast of Victoria, Australia. This potential production has been identified from within the existing contingent resource opportunity set, Woodside said.

Exploration and Production

Rigzone

JULY 17, 2025

US crude inventories slid last week and Iraq has lost about 200,000 barrels a day of oil production due to drone attacks on several fields in Kurdistan. said it was on the cusp of reaching a production plateau in the largest US oil field. demand data. Chevron Corp.

Oil

Rigzone

JULY 16, 2025

million standard cubic feet per day) of natural gas will be supplied from OIL’s Bakhri Tibba Block of Rajasthan, which covers the Dandewala, Tanot and Bagi Tibba fields. Under the extended agreement, 900,000 standard cubic meters per day (31.7

Gas

Rigzone

JULY 4, 2025

A technical review by the Operator confirmed that an undrained oil resource exists on the eastern side of the Keddington field. In 2024, a significant upgrade of the site’s production facilities and bund area was initiated and completed in May.

Exploration and Production

Rigzone

JUNE 9, 2025

“The Murlach Field Development Project is a really significant North Sea project and to have our slab gate valves playing such a vital part in its operational safety is a great reflection of the trust the industry has in our products,” David Gallagher, Project Director of BEL Valves, said in the release. in [a] GBP 5 million ($6.7

Oil

Rigzone

JUNE 23, 2025

percent stake in the Scarborough field offshore Western Australia to Japanese companies: 15.1 The LNG will come from Woodside’s LNG portfolio including the Scarborough Enbergy Project, JERA said. Last year Woodside sold a 25.1 percent to JERA and 10 percent to LNG Japan.

Natural Gas

Oilfield Technology

JULY 10, 2025

This agreement strengthens the ongoing cooperation with Equinor by integrating cutting-edge technology to optimise field operations. Northern Lights will integrate TGS’ Prediktor Data Gateway into its digital system to enhance management of the full CO 2 value chain, from the receiving terminal to permanent storage.

Operator

Oilfield Technology

JULY 2, 2025

“Over 1450 bbl of high-quality oil have now been produced and sold from Keddington since recommissioning, contributing meaningful additional revenues, complementing our established cash flow from Wressle in the UK and our growth projects in the USA at Moccasin, the Andrews Field and our Mineral Royalty portfolio.”

Hydraulic Fracturing