Home to multiple multi-billion barrel oil discoveries, including the 25 billon barrel Prudhoe Bay, US$250 million is being ploughed into the North Slope of Alaska for exploration drilling this year, led by ConocoPhillips (NYSE:COP) who is drilling eight wells. ASX oil junior, XCD Energy (ASX:XCD) — a new arrival on the North Slope, has a 100% working interest in one of the world’s newest, highly prospective onshore oil plays. Locate...
IN northern Australia, heat and humidity present many challenges to the oil and gas industry. The mean maximum temperature in Darwin is over 31oC for ten months of the year and mean relative humidity is over 81% from January to
GLOBAL energy industry research firm Rystad Energy has released a base-case production profile for the Perth Basin predicting it will reach a peak gas production rate of over 400 million cubic feet per day (MMcfd) by about 2024, surpassing that
AUSTRALIAN-based, Indonesian oil producer, Bass Oil Limited has set a new oil production record at its 55% owned Tangai-Sukananti KSO for November 2019. Monthly average oil production for November was 975 bopd up 36% over October and 9% higher than
EXXONMobil Global Services Company has entered into an enabling agreement with ASX-listed Worley relating to ExxonMobil’s refining and chemicals operations sites in Texas and Louisiana. This will allow ExxonMobil companies to contract with Worley to continue to provide services to
NEOEN, one of the world’s leading and fastest growing independent producers of exclusively renewable energy, has announced a 50% expansion of its Hornsdale Power Reserve in South Australia.. The 50 MW/64.5 MWh expansion, supported by Tesla, will further showcase the
ONE of Australia’s largest solar farms, APA Group’s Darling Downs Solar Farm, has been officially opened by Queensland Minister for Natural Resources, Mines and Energy the Honourable Dr Anthony Lynham MP. The farm, a photovoltaic generation facility comprising 423,360 solar
IN northern Australia, heat and humidity present many challenges to the oil and gas industry. The mean maximum temperature in Darwin is over 31oC for ten months of the year and mean relative humidity is over 81% from January to
WEATHERFORD International plc has introduced ForeSite Flow. It is the first-ever flow-measurement solution driven by Production 4.0 intelligence. ForeSite Flow is a full-range, non-nuclear multiphase flowmeter paired with Weatherford ForeSite intelligence. Built for every production environment from heavy oil to
THE board of BP p.l.c. today announced that Brian Gilvary, BP chief financial officer (CFO), has decided to retire from the company and step down from the BP board on June 30, 2020. Mr Gilvary has had a 34-year career with BP, including
GAS infrastructure specialist the APA Group reports that its long standing chief financial officer, Peter Fredricson, has indicated his intention to retire. In the interests of an orderly and smooth transition to a new CFO, Mr Fredricson will remain with
SENEX Energy Ltd reports that it is successfully delivering its Surat Basin natural gas development programme on schedule and on budget, with production outperformance at both Roma North and Atlas. Key points: Roma North gas production outperformance; rates exceeding 13.5
Santos managing director and CEO Kevin Gallagher reports that the company has delivered record annual production and revenues in 2019, and lower unit production costs, demonstrating the effectiveness of its disciplined, cash generative operating model. “The year was highlighted by
SENEX Energy Ltd has announced that Project Atlas achieved first gas sales into the east coast market ahead of schedule, with gas being sold to Queensland power generator CleanCo. Following start-up of the first two trains of the five-train, 15
A new 30-inch diameter pipeline will run 3.2 kilometres, connecting the Woodside-operated Pluto LNG Plant to the NWS Project’s Karratha Gas Plant (KGP), and is the first component of the infrastructure needed to transport gas between the two facilities. Under
