Petroleum production

Valaris Announces Floater Contract Award

Retrieved on: 
Tuesday, July 6, 2021
Oil, Gas, Energy, Offshore engineering, Petroleum production, Petroleum industry, Drillship, Oil companies, Offshore drilling, Energy industry, Semi-submersible, Offshore, BP, Valaris plc

Valaris Limited (NYSE: VAL) announced today that it has been awarded a four-well contract with BP offshore Mauritania and Senegal for drillship, VALARIS DS-12.

Key Points: 
  • Valaris Limited (NYSE: VAL) announced today that it has been awarded a four-well contract with BP offshore Mauritania and Senegal for drillship, VALARIS DS-12.
  • The contract is expected to commence in the first quarter of 2022 with an estimated duration of 285 days.
  • Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies.
  • Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin.

Williams Announces Upstream Operator and Joint Venture in the Wamsutter Field

Retrieved on: 
Tuesday, July 6, 2021
Oil, Gas, Energy, Natural gas, Petroleum industry, Petroleum production, Process engineering, Energy industry, Oil refining, Midstream, Oil storage, Wamsutter, Wyoming, Downstream, Upstream, Williams, Crowheart, WILLIAMS, CROWHEART

Williams (NYSE: WMB) announced today that it has finalized an upstream joint venture with Crowheart Energy (Crowheart) in the Wamsutter Field of the Greater Green River Basin of Wyoming.

Key Points: 
  • Williams (NYSE: WMB) announced today that it has finalized an upstream joint venture with Crowheart Energy (Crowheart) in the Wamsutter Field of the Greater Green River Basin of Wyoming.
  • Williams strategic efforts to combine the Wamsutter Field reserves will enhance the value of its midstream and downstream natural gas and NGL infrastructure.
  • Todays announcement is the culmination of Williams consolidation efforts in the Wamsutter Field.
  • Under the joint venture, Crowheart will operate the parties consolidated upstream position and Williams will continue to operate and retain full ownership of its midstream assets.

Tachyus Adds Texas A&M Petroleum Engineering Chair Jeff Spath To Its List Of Notable Advisors

Retrieved on: 
Friday, July 2, 2021
Petroleum production, Petroleum industry, Liquids, Enhanced oil recovery, Schlumberger, Petroleum engineering, EOR, Petroleum reservoir, Petroleum, Chemistry

HOUSTON, July 2, 2021 /PRNewswire/ --Today Tachyus announced that Jeff Spath, Texas A&M Stephen A. Holditch '69 Department Head Chair in Petroleum Engineering, has joined Tachyus as an Executive Advisor.

Key Points: 
  • HOUSTON, July 2, 2021 /PRNewswire/ --Today Tachyus announced that Jeff Spath, Texas A&M Stephen A. Holditch '69 Department Head Chair in Petroleum Engineering, has joined Tachyus as an Executive Advisor.
  • Spath has over three decades of operational and technical experience in reservoir characterization, numerical modeling and enhanced oil recovery (EOR).
  • Additionally, Spath served as President of the Reservoir Management Group in Schlumberger and later as the CEO of the Texas Oil & Gas Institute.
  • Spath will be among other notable advisors including Adam Brandt from Stanford, Jeri Eagan from Royal Dutch Shell, Daru Darukhanavala formerly from BP and Brandon Simmons, former CEO of Tachyus.

Global Offshore Support Vessel Markets, 2021-2026: AHTS, PSV, MPSV, Standby & Rescue Vessel, Crew Vessel, Chase Vessel, Seismic Vessel - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 30, 2021
Transport, Maritime, Petroleum production, Wind power, Offshore wind power, Offshore engineering, Anchor handling tug supply vessel, Offshore, Construction, Engineering, Energy technology, Platform supply vessel, Oil platform

The "Global Offshore Support Vessel Market by Type (AHTS, PSV, MPSV, Standby & Rescue Vessel, Crew Vessel, Chase Vessel, Seismic Vessel), Application (Shallow water and Deepwater), End-User (Oil & Gas and Offshore Wind), and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Offshore Support Vessel Market by Type (AHTS, PSV, MPSV, Standby & Rescue Vessel, Crew Vessel, Chase Vessel, Seismic Vessel), Application (Shallow water and Deepwater), End-User (Oil & Gas and Offshore Wind), and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
  • Thus, the growth in deployment of offshore wind farms would be the opportunity for the offshore support vessel market during the forecast period.
  • The global AHTS market dominated the global offshore support vessel market owing to increasing shallow-water activities in the Asia Pacific region.
  • Offshore Support Vessel Market In Asia Pacific, by End User and Country: Oil & Gas Segment and India Dominated offshore Support Vessel Market In Asia Pacific In 2020
    Increasing investments for offshore wind farm construction, combined with development of offshore oil & gas reserves

2021 Annual General Meeting

Retrieved on: 
Monday, June 28, 2021
Meetings, Liquefied natural gas, Petroleum production, Fuels, Lluís Companys, Annual general meeting, Golar LNG, Chemical substances, Chemistry

Further to the press release of June 8, 2021 giving notice that the Golar LNG Limited 2021 Annual General Meeting will be held on August 10, 2021, a copy of the Notice of Annual General Meeting and associated information including the Companys Annual Report on Form 20-F can be found on our website at http://www.golarlng.com and in the attachments below.

Key Points: 
  • Further to the press release of June 8, 2021 giving notice that the Golar LNG Limited 2021 Annual General Meeting will be held on August 10, 2021, a copy of the Notice of Annual General Meeting and associated information including the Companys Annual Report on Form 20-F can be found on our website at http://www.golarlng.com and in the attachments below.

Summit Ridge, Osaka Gas form Joint Venture

Retrieved on: 
Monday, June 28, 2021
Fuel gas, Fuels, Liquefied natural gas, Petroleum production, Osaka Gas, Chemical substances, Chemistry

ARLINGTON, Va., June 28, 2021 /PRNewswire/ -- Summit Ridge Energy ("SRE") has entered into a joint venture with Osaka Gas USA Corporation ("OGUSA"), a subsidiary of Osaka Gas Co., Ltd., to construct, own and operate over 120 MW of community solar projects throughout the state of Maine.

Key Points: 
  • ARLINGTON, Va., June 28, 2021 /PRNewswire/ -- Summit Ridge Energy ("SRE") has entered into a joint venture with Osaka Gas USA Corporation ("OGUSA"), a subsidiary of Osaka Gas Co., Ltd., to construct, own and operate over 120 MW of community solar projects throughout the state of Maine.
  • This announcement comes just two years after the successful launch of SRE's initial joint venture, Summit Ridge Capital Holdings, which has financed over 150 MW across Illinois and Maryland.
  • Summit Ridge Energy is the nation's leading owner-operator of community solar assets.
  • Follow Summit Ridge Energy on LinkedIn and Twitter for updates, or learn more at srenergy.com
    OGUSA focuses on its three core businesses of the Freeport LNG liquefaction project, shale gas development, and power generation.

Worldwide LNG Industry to 2026 - Liquefaction Sector to Dominate the Market - ResearchAndMarkets.com

Retrieved on: 
Monday, June 28, 2021
Oil, Gas, Energy, Fuels, Liquefied natural gas, Petroleum production, Natural gas, Chemical substances, Costa Azul LNG, Malaysia LNG

As of 2020, the countries with the largest LNG operational liquefaction capacity were Australia, followed by Qatar, United States, Malaysia, Russia, Indonesia, and Algeria.

Key Points: 
  • As of 2020, the countries with the largest LNG operational liquefaction capacity were Australia, followed by Qatar, United States, Malaysia, Russia, Indonesia, and Algeria.
  • Australia overtook Qatar as the market with the highest liquefaction capacity in 2019 and was also the largest market in 2020.
  • Australia added 12.5 MTPA in 2019 due to the commissioning of Ichthys LNG T1-T2 and Prelude LNG.
  • The main surge of LNG imports took place during the second quarter of 2020, when LNG imports were favored over pipeline imports, because of lower spot LNG prices.

Noble Corporation Publishes New Investor Presentation And Fleet Contract Status Update

Retrieved on: 
Wednesday, June 23, 2021
Drilling rigs, Noble Corporation, Petroleum production, Science and technology, Oil well, Inventions

SUGAR LAND, Texas, June 23, 2021 /PRNewswire/ --Noble Corporation (NYSE: NE) today announced that it has published a new investor presentation.

Key Points: 
  • SUGAR LAND, Texas, June 23, 2021 /PRNewswire/ --Noble Corporation (NYSE: NE) today announced that it has published a new investor presentation.
  • In addition, its report of drilling rig status and contract information has been updated as of June 23, 2021.
  • Both can be found under the "Investor" section on the Company's Website, www.noblecorp.com .
  • Noble and its predecessors have been engaged in the contract drilling of oil and gas wells since 1921.

Valaris Announces Jackup Contract Award

Retrieved on: 
Tuesday, June 22, 2021
Maritime, Energy, Transport, Oil, Gas, Petroleum geology, Petroleum industry, Offshore engineering, Petroleum, Petroleum production, Drillship, Energy industry, Articles, Offshore drilling, Semi-submersible, Valaris, Offshore

Valaris Limited (NYSE: VAL) announced today that it has been awarded a three-year contract with North Oil Company offshore Qatar for VALARIS JU-110, a heavy-duty modern jackup.

Key Points: 
  • Valaris Limited (NYSE: VAL) announced today that it has been awarded a three-year contract with North Oil Company offshore Qatar for VALARIS JU-110, a heavy-duty modern jackup.
  • Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies.
  • Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin.
  • Valaris maintains an unwavering commitment to safety, operational excellence, and customer satisfaction, with a focus on technology and innovation.

Canacol Energy Ltd. Tests 35.5 MMSCFPD at Aguas Vivas 1, Spuds First of Two Appraisal Wells and Announces Dividend of CAD $0.052 per Share

Retrieved on: 
Monday, June 21, 2021
Oil wells, Petroleum geology, Science and technology, Petroleum production, Drill stem test, Technology, Completion, Petroleum reservoir, Well, TVD, Articles, Petroleum engineering

The CDO sandstone reservoir was perforated across an interval of 145 ft TVD and drill stem tested.

Key Points: 
  • The CDO sandstone reservoir was perforated across an interval of 145 ft TVD and drill stem tested.
  • The average flow rate achieved during the recorded test period was 17.2 MMscfpd.
  • Upon completion of the drilling operations, the Aguas Vivas 2 appraisal well will be cased and completed and the rig will be used to immediately spud the Aguas Vivas 3 appraisal well.
  • If you have previously completed Form NR301, you do not need to complete a new form.