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Shell Boosts Natural Gas Production at Norway’s Ormen Lange Field

OilPrice

Shell and its partners have started up two subsea compressors to boost the recovery rate at the Ormen Lange natural gas field in the Norwegian Sea, the UK-based supermajor, which operates the field, said on Friday. Shell expects the compression stations to raise the gas recovery rate to 85% from the current 75%.

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Israel Shuts Leviathan Gas Field Amid Iran Conflict, Choking Supply to Egypt

OilPrice

Israel has ordered the shutdown of its massive Leviathan gas field, cutting off a critical supply line to Egypt just as regional tensions with Iran erupt into open conflict. Chevron, the operator of Leviathan, confirmed the halt on Friday after Israel’s Energy Ministry issued the order, citing escalating security threats.

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China Launches Phase 2 Deep-Sea Gas Field Adding 4.5BCM To Supply

OilPrice

China National Offshore Oil Corporation (CNOOC) has fully launched the second phase of its Deep-Sea No. 1 natural gas project in the South China Sea, boosting domestic output by 4.5 billion cubic meters (bcm) per year.

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Galp Expects New Field to Boost Its Production in Brazil by 40%

OilPrice

Portugal-based energy company Galp expects its oil production in Brazil to jump by 40% in the coming years as a new major field is set to begin production later in 2025, Nuno Bastos, EVP Upstream, has said. The expected start-up of the Bacalhau field, operated by Norways Equinor, is set

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Iran Targets Dramatic Output Increase From Oil Fields Bordering Iraq

OilPrice

Iran is targeting a dramatic increase in oil production from the fields it shares with neighbouring Iraq, according to the chief executive officer of its Petroleum Engineering and Development Company (PEDEC), Nasrollah Zarei. Other notable major shared fields among many others -- are Azar (on the

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Chinese Oil Major Discovers New Field

OilPrice

Chinas state energy company CNOOC said today it had discovered a new oil field in the South China Sea that could contain over 100 million tons of crude oil, equal to around 733 million barrels. Dubbed Huizhou 19-6, the field is located some 100 miles offshore the province of Shenzhen.

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Why Digital Field Tickets Are the Oilfield’s Most Underrated Profit Solution

Enverus

Ask any oilfield operations manager what slows down invoicing and you’ll hear it every time: submitting field tickets from the job site to the office. Now, let’s talk about the most underrated solution to fix it: digital field tickets. And when invoicing stalls, so does your cash flow. The result?

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