Rungne is close to the Brasse field and the producing Oseberg oil field
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The Stanley well can be better optimised for oil production, the next well is due to spud next month, but, elsewhere, Texas operations have been hit by significant rainfall
The AIM-quoted oil and gas producer has been growing output organically, through active well programmes, though acquisition-led opportunities may still be pursued
Applications for up to 104 wells at the West Denver project comes ahead of a November vote on '‘Proposition 112’
The oil and gas share has strengthened on recent well results, the removal of an 'overhang' now provides a further boost
“The past year has been an exciting one for Tlou, with the company hitting significant milestones which will help us to reach our future goal of being the first CBM project in Botswana to move into production"
Liberator is on the verge of sanction as I3 Energy advances partnering and funding efforts, whilst concluding the permitting process with an enlarged development plan set to be submitted in the coming months
A significant amount of clean water is required to complete a successful hydraulic fracturing operation. The oil and gas industry's average cost of obtaining clean water is usually US$2-3 per barrel of water.
“We continue to press ahead with our OPL226 project and we will provide further updates in due course"
“Over the past decade, we have invested over €70mln into the Salamanca mine which is located in a region suffering from some of the highest levels of youth unemployment within the European Union"
The specialised oil and gas vessel has left Dubai for the West of Shetland region, via Rotterdam
The recent completion of the acquisition of Steeldrum Oil has been a material step in the growth of the company and establishes a very solid base for its Trinidad operations
In Argentina, the EMS-1001 has been deemed suitable for stimulation following a test
The new drill programme is expected to start next week.
The Caspian-focused oil & gas services provider said it had received acceptances representing 67.08% of the company’s share capital
“The use of the proceeds from a listing in London will allow us to significantly upgrade the company's production profile in a short space of time"
The first few days of October saw volumes rise above the initial 2,000 bopd rate, meanwhile, new wells continue to be optimised and further new drilling is just around the corner
"We are delighted that the re-submission of the tender has been completed and look forward to a response from the ministry,” said Tony Gilby
The tap issue price is 152.5p, a premium to NAV said the infrastructure investor
Next year promises excitement for investors as a new programme of drilling aims to take the Barryroe field towards production
Some evidence of a petroleum was seen but the well failed because the prospect had no trap
Iofina produced a record 172.3 tonnes of iodine in the third quarter of 2018, leaving it on track to achieve its full-year target of between 575-605 tonnes
New management has put operations on hold whilst a review of the company's assets and finances is conducted
“These contracts show the strength and expertise of Wood to deliver a diversified portfolio of energy and industrial services to a broad range of valued clients in various sectors"
"We are delighted to have sourced a drilling rig which is currently on station in the Niger Delta"